Author: old_wp_importer

[Rowenna Davis](http://www.guardian.co.uk/commentisfree/2009/apr/03/left-wing-politics) points out the obvious need for market-based left wing politics:

Seven months after the collapse of Lehman Brothers, the left is still failing to put forward a coherent agenda for change

….

To move forward, the left must get over its insecurities about the market and make the economic case for the society it wants to see.

She then totally fails to suggest where that position might come from. [Cosma Shalizi](http://cscs.umich.edu/~crshalizi/notebooks/socialism.html) has pointed out one framework:

“Market socialism” is a current of ideas, starting, it seems, with the Polish economist Oskar Lange, for how to make extensive use of markets without thereby creating gross economic and political inequality.

Or, as he puts it in a [book review](http://cscs.umich.edu/~crshalizi/reviews/future-for-socialism/):

[The author thinks] that both competitive markets and socialism contracted mésalliances when young and easily entrapped (to unlimited private property and central planning, respectively), but that now, in their maturity, they can and should divorce these undesirables (both rather brutish creatures, really, and one, at least, more than a bit of a whore) and wed each other, and he sketches a portrait of their connubial bliss.

These ‘market socialist’ proposals are all a bit pie-in-the-sky, suggesting ideas such as a stock market denominated in coupons. And I haven’t read the book, so have little idea how the ideas play out. But market socialism fits my prejudices far better than straight Marxism, or [Parecon](http://en.wikipedia.org/wiki/Participatory_economics).

*ETA*: more on this at [Liberal Conspiracy](http://www.liberalconspiracy.org/2009/04/07/what-is-the-lefts-approach-to-the-financial-crisis/)

Some more from Nick Davies’

Flat Earth News

, this time him being particularly damning about the Mail:

Perhaps I have been unlucky, but hI have never come across a reporter from the Daily Mail who did not have some similar story, of black people being excluded from the paper because of their colour. A district reporter told me he would call up from Manchester to tell the news desk a story, ‘and they would always ask: “Are they our kind of people?” i.e. “Are they white, middle class?” Or more often it would be: “Are they of the dusky hue?” And if they were of the dusky hue, then they didn’t want the story.’

I mentioned this to another reporter, who has spent several decades on the

Mail

, and he immediately named the senior news executive who was most keen on the ‘dusky hue’ euphemism. And this is not a thing of the past. While I was writing this book, I spoke to a local news agency who had just had the

Daily Mail

news desk on the phone, checking out a murder on their patch and asking if the victim was white or black so that they could decide whether they wanted the story.

This is one of the more interesting – and forthright – general interpretations of the financial crisis. Partly because of cottoning on to the political structure:

As complex as all the finances are, the politics aren’t hard to follow. By creating an urgent crisis that can only be solved by those fluent in a language too complex for ordinary people to understand, the Wall Street crowd has turned the vast majority of Americans into non-participants in their own political future.

But mainly for doing the legwork to investigtae things I haven’t heard mentioned

anywhere

else:

[from May 2008] the Fed had simply stopped using relatively transparent devices like repurchase agreements to pump its money into the hands of private companies. By early 2009, a whole series of new government operations had been invented to inject cash into the economy, most all of them completely secretive and with names you’ve never heard of. There is the Term Auction Facility, the Term Securities Lending Facility, the Primary Dealer Credit Facility, the Commercial Paper Funding Facility and a monster called the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (boasting the chat-room horror-show acronym ABCPMMMFLF). For good measure, there’s also something called a Money Market Investor Funding Facility, plus three facilities called Maiden Lane I, II and III to aid bailout recipients like Bear Stearns and AIG.

While the rest of America, and most of Congress, have been bugging out about the $700 billion bailout program called TARP, all of these newly created organisms in the Federal Reserve zoo have quietly been pumping not billions but trillions of dollars into the hands of private companies (at least $3 trillion so far in loans, with as much as $5.7 trillion more in guarantees of private investments).

I’m intrigued that this article is printed by Rolling Stone. I’d somehow always thought of Rolling Stone as being fairly superficial, despite the ancient history of Hunter S. Thompson, but it now carries not only this, but also much of Naomi Klein’s best work.

And the author of the piece above? Matt Taibbi, who – I’ve belatedly realised – was one of the founders of Moscow magazine [The Exile](http://exiledonline.com/). The Exile was what all expat magazines aspired to become. Racist, sexist, and reliably offensive in all ways possible, it also carried political analysis that put mainstream correspondents to shame. It was closed down last summer, through some murky combination of government raids and lack of money, leaving only a [ghost presence](http://exiledonline.com/) online. Its remaining staff are now exiled themselves, [supposedly](http://exiledonline.com/the-exiled-were-back-and-were-very-pissed-off/) in Panama, although founder Mark Ames also popped up in Georgia to cover the war there last year. It’s nice to see the overlap between mainstream journalism and the porn-and-bile of the exile.

What I love most about Georgia is the constant stream of head-slappingly ridiculous news. There was the [anti-Putin Eurovision entry](http://www.rferl.org/Content/Russian_Activists_Protest_Georgian_Eurovision_Entry_/1502642.html), of course((http://www.youtube.com/watch?v=SQ3OScJ2kfM&feature=related)). But Russia can counter that with its hastily-produced [action film](http://www.rferl.org/content/Russia_Unleashes_The_Butterflies_Of_War/1565184.html) about the Ossetia war (also on [Youtube](http://www.youtube.com/watch?v=cOoz-ZaJSbE)).

Far more entertaining is the [political talk show from self-imposed jail](http://www.reuters.com/article/worldNews/idUSTRE5143PJ20090205):

It’s been dubbed “Protest TV”. A man in an improvised prison cell under the 24-hour gaze of television cameras, promising to stay put until Georgia’s president quits.

And to top it off, [here](http://www.rferl.org/Content/Flinging_Russia_Mud_In_Georgia/1511819.html) is a former

Minister for Conflict Resolution

threatening to hunt down the president and “make him sorry for ever having been born”.

Another country with more interesting politics than Germany: Georgia.

A mess of opposition groups are planning protests at the end of next week, calling on President Saakashvili to resign. Didn’t do them much good the [last time they tried it](http://ohuiginn.net/mt/2007/11/the_georgian_compromise_candid.html), back in 2007: Saakashvili called a quick election, won it easily, and then went back to his usual melange of market fundamentalism, temper tantrums, and russia-baiting. Maybe this time the opposition have a plan, but I wouldn’t count on it.

Saakashvili, meanwhile, is trying to undermine these opponents, by [accusing them of planning armed revolt](http://www.eurasianet.org/departments/insightb/articles/eav032309c.shtml), and of being [Russian catspaws](http://www.eurasianet.org/departments/insight/articles/pp032809.shtml) – the latter because a politician’s husband met a Russian official around the time of an exiles’ get-together in Vienna a fortnight ago. [One theory](http://www.rferl.org/Content/Burjanadzes_Husband_Becomes_Focus_Of_Georgian_Political_Intrigue/1563251.html) is that Russia is intervening just enough to keep the Georgian politicans fighting like cats in a bag.

And for the people who want to forget politics, and pretend the world is all about tanks and pipelines? Well, I have a sneaking fear they’re right. The Russian army are [planning](http://www.eurasianet.org/departments/insightb/articles/eav020609g.shtml) a military build-up in the separatist region of Abkhazia, while the US are [making promising noises](http://www.eurasianet.org/departments/insightb/articles/eav033009a.shtml) about training the Georgian army.

That’s just the boring side of things; the ridiculous bits are better not written about on April Fools’ Day.

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mike

,

squee

,

water

This is pretty horrific. Not just judges taking bribes, but judges taking bribes

from private prisons

to give children jail sentences there. In other words, people were being locked up as a

side-effect

of a scheme for prisons to drum up more business:

Hillary Transue, 17, who appeared in Ciavarella’s courtroom in 2007 and spent a month in a wilderness camp for building a MySpace page that lampooned her assistant principal, was elated that her record would be expunged.

….

Youths were routinely brought before Ciavarella without a lawyer, given hearings that lasted only a minute or two, and then sent to detention for offenses as minor as stealing change from cars and writing prank notes.

[xpost from LJ]

Rare thing – a [sensible comment](http://www.libdemvoice.org/porn-on-expenses-jacqui-smith-nothing-to-hide-12986.html) on the Jacqui Smith porn storm-in-teacup:

And why, you might ask, am I, um, handwringing over this in quite so prurient a fashion?

Simple. This is just the kind of happy little vignette that it’s apparently just fine for three hundred thousand civil servants and ministers to know about the rest of us. Every internet transaction, every site visit, every email. So what if outrage, mortification and a publicly damaged relationship results? At least the government have been able to verify to their own satisfaction that you’re not doing anything wrong.

Come to think of it, if adult-rated content were to show up in anybody’s records, Jacqui would probably be the first to advocate just nipping in to people’s private purchases and checking them for, say, consensual violent content.

Last year, your brother ran for president. He lost. Do you:

a) get over it

b) run for office yourself

c) Lock yourself in a cell, watched 24/7 by TV cameras. From here, host a daily talk show. Refuse to leave until the president steps down. [No, really]

Superficially hilarious, but deeply dispiriting. 60 Westminster CCTV cameras have to be turned off during the G20 summit – not on any kind of civil liberties grounds, but

because their pictures aren’t high-enough resolution:

Under the legislation, traffic cameras must be capable of recording at 720 x 576 pixels, an analogue broadcast standard.

Westminster’s wireless network of road cameras, introduced last year, is the only fully digital traffic enforcement system operating in the UK, and is regarded as one of the most advanced in the world. But its picture quality is only 704 x 576 pixels. The DfT’s enforcement branch, the Vehicle Certification Agency, has ruled it does not comply with the law.

Not much of a comeuppance, though – 60 cameras out of perhaps [5 million](http://www.newstatesman.com/200610020022) in the UK