Saturday, March 19, 2016

Market Instability by Trump

Trump’s real estate empire represents one of the worst excesses of a market economy when land becomes a commodity and landlords charge rent beyond the capacity of millions of people to pay.  Trump represents someone free of politics as promised by a fully self-regulating market society.  Trump represents the forces of laissez-faire that justify an ever expanding process of commodification (of land, labor and money) by invoking the utopian promise of a fully self-regulating market society free of politics.

Democrats on the other side, represent multiple social movements mobilized in opposition to defend society against market domination of land, labor and money, by establishing institutional protections.  Democrats are committed to democratically-motivated procedures to manage markets.

Without a deeper paradigm shift away from degrading land, labor and money in the pursuit of profit, to support an obsolete market mentality, society is now on the precipice of disaster due to climate change.  The market economy allowed the exploitation of land for natural resources for energy without the benefit of institutional protections limiting the consequences to society that we now face in 2016 and decades into the future.


The only way to preserve democratic institutions over the long term is to expand their capacity to protect citizens from market-driven instability.

No comments:

Post a Comment