by Glen Ford
Wednesday, 29 October 2008
“Whatever [President] Barack Obama spends on people’s needs will take a back seat to propping up the corporate sector, and feeding the all-devouring military industrial complex.”
“All of Obama’s economic advisors, the ones that count, are steeped in the corporate culture: organized theft.”
The election is now upon us. Barring massive theft – and only a fool thinks the Republicans will not steal as massively as they possibly can – it appears Barack Obama will be the next President of the United States. There is something that is much more certain than Obama’s election, and that is, that the current economic crisis will deepen, punctuated with increasingly frequent upheavals as the capitalist system convulses in the throes of insurmountable contradictions. And there is another certainty: that Barack Obama will respond to these convulsions as his corporate friends and backers demand. He will try to do something about rebuilding U.S. infrastructure, but not necessarily in ways that benefit the inner cities, and certainly not in ways that clash with corporate plans for urban America – plans that reserve little space for populations that presently live there. And whatever Barack Obama spends on people’s needs will take a back seat to propping up the corporate sector, and feeding the all-devouring military industrial complex.
We know this is true, because Obama has already shown it to be so. The bailout of Wall Street, which he embraced instantaneously, is but the first of many demands that will be made on the national treasury. All of Obama’s economic advisors, the ones that count, are steeped in the corporate culture: organized theft. They serve government in order to serve their class. Obama picked them, so there is no reason to doubt he will follow their advice. Which means every economic measure they undertake will be geared to corporate health, not popular welfare. They will build barricades to preserve what is left of the corporate order, but it will never be enough to withstand the shocks that are in store. And the people will wind up with little to nothing.