December 26, 2024

Tipping Point

The greatest fear of those concerned about the fate of the earth’s climate is that we could reach a tipping point, at which a warming climate ignites positive feedback (or feedbacks) that leads to irreversible climate warming. For example, melting ice sheets reduces the reflection of the sun’s rays, which then contribute their heat to exposed land and sea. In other words, heating creates more heating, a process that can get out of control. Similarly, the melting of Arctic permafrost releases long-trapped carbon dioxide, a potent greenhouse gas. That release increases global temperatures, resulting in more permafrost thawing and the release of even more carbon dioxide.

We believe we have not yet reached a climate-catastrophic tipping point, but it is easy to imagine our doing so within the lifetimes of people now living.

A less obvious but nonetheless catastrophic tipping point may be in our political future. Large corporations and wealthy individuals have slowly been increasing their influence over the American government. This trend accelerated but did not begin with the presidency of Ronald Reagan, under whose administration the government favored corporations over unions and tax cuts over government spending on the general welfare. Over time, more and more corporate lobbyists have peopled the halls of Congress, overwhelming the influence of individuals and other commercial and nonprofit organizations. Moreover, the Citizens United decision opened floodgates that allowed corporate money to dominate spending on political campaigns.

The public perception is that conservatives have gradually developed effective communication channels, think tanks, and lobbying organizations that have halted or reversed the program of liberalism. The list of such institutions is long and includes Fox News, The Heritage Foundation, The Federalist Society, numerous “news and comment” Web sites, various groups created by the Koch Brothers, etc. These entities are largely seen as the conservative alternative to the more liberal Democratic Party and its allies.

Additionally, various independent groups have formed in response to what was seen as the upsetting of longstanding societal norms—the waning influence of religion, the acceptance of abortions, the normalization of homosexuality, and the visibility of transsexuality.

These developments are related but by no means identical. Opposition to social change is often genuinely conservative. That is, it seeks to halt societal change and return to a simpler, more stable time. The political institutions advancing the interests of large corporations and the wealthy are not really conservative at all. They are reactionary or, if you like, libertarian. They seek not the society of the Eisenhower years but the nineteenth-century golden age of the robber barons. Their interest is in low (or nonexistent) taxes and the absence of government regulations. To the degree that supporters of the program support conservative initiatives, it is not out of conviction but out of a desire to gain voters for their reactionary program.

Ben Franklins
Whereas the economic elites of America have long had significant influence over the federal government, we now face the danger of their completely taking over. The nominations Donald Trump is planning to make are industrialists and wealthy individuals who would love to return to the age of low taxes, no government regulation, and no antitrust activity. And advising Trump is Elon Musk—some are calling him the real president-elect—reputedly the world’s richest man. (One wonders whether Vladimir Putin actually deserves that title.) Musk is clearly smarter than Trump and has already been throwing his weight around. (Trump may actually have more political smarts, however.)

The question, then, is whether the influence of corporate elites is about to reach a tipping point at which the country is ruled by and for the wealthy with no concern for the bulk of its citizens. If we reach that point, will it be the tipping point at which rule by the wealthy becomes irreversible? That seems possible.

December 11, 2024

Thoughts on Political Discourse

Democrats will be arguing for a long time about what went wrong in the 2024 presidential election. Harris waged a mostly competent, rather normal, if abbreviated campaign; Trump, lied his way to victory. Both candidates offered policy proposals with little analysis, a time-honored tradition of political discourse. Trump frequently made ad hominem attacks on his opponent and on other Democrats. That was decidedly not normal, but his fans loved it. Harris too often ignored it.

Not every proposal needs an elaborate explanation to be seen as credible, of course. Harris’s plan to build more housing implicitly acknowledged a housing deficit, which would likely be ameliorated by increasing the housing stock. Yet even “obvious” solutions can have unanticipated, non-obvious consequences. And even obvious consequences of a policy are seldom mentioned. How much will it cost? Where will the money come from? Who might be harmed by the policy?

The idea of making tips tax-free is an interesting case. It is difficult to believe the Trump proposal was anything other than an attempt to buy votes among a particular (presumed) low-income group. As a policy position, it is arbitrary, will anger low-income citizens who do not earn tips, will encourage gaming the system, and will take revenue from a government already running a huge deficit. It is a classic solution in search of a problem, and one whose consequences were likely never considered beyond gaining the votes of tip-earning workers. I was distressed that Harris, rather than stigmatizing the Trump proposal as a cynical, ill-considered, counterproductive opportunistic political ploy, adopted the policy as her own. It was not her finest hour as a campaigner. 

Both candidates offered policy proposals without clearly articulating the problem being addressed, the underlying causes of the problem, or explaining how the proposed policy is expected to ameliorate the underlying problem without creating new ones. Trump lied about the facts. Crime, for example, has been on the decline, yet Trump would have you believe that the nation is experiencing a crime wave. No analysis of policy is useful if it relies on a distorted or intentionally false version of reality. Harris did a poor job of attacking Trump’s “alternative facts.”

One can only hope that, someday, opposing candidates will agree on a set of facts and campaign on rival proposals to address those facts. Alas, that may never happen.

December 5, 2024

Mike Johnson’s Agenda

 I heard Speaker of the House Mike Johnson today saying, “We want to take a blowtorch to the regulatory state.”

It is worth thinking about why we have federal regulations. In large measure, regulations are of two kinds. Some regulations benefit special interests. The IRS provisions for carried interest are of this sort. Other regulations are intended to benefit the public at large. Included here are regulations that protect our food supply, ensure that we have safe drugs, and protect people from financial predators.

I suspect that Make Johnson’s blowtorch isn’t going to be aimed at the special regulations that benefit wealthy individuals and corporations. He more likely will go after the public-safety regulations, those that give us clean air and water, protect wildlife, and ensure safe workplaces. Is this really what people voted for?