Thursday, November 10, 2016

Elections 2016: Good News and Bad News and a Question

First the bad news: Trump won.

Now for the good news: Hillary lost.
(T)he force most responsible for creating the nightmare in which we now find ourselves wide awake: neoliberalism. That worldview – fully embodied by Hillary Clinton and her machine – is no match for Trump-style extremism. The decision to run one against the other is what sealed our fate. If we learn nothing else, can we please learn from that mistake? Naomi Klein - The Guardian
Many of history's great moments are written by such details; as this famous poem illustrates:

For want of a nail the shoe was lost.
For want of a shoe the horse was lost.
For want of a horse the rider was lost.
For want of a rider the message was lost.
For want of a message the battle was lost.
For want of a battle the kingdom was lost.
And all for the want of a nail.

And it turns out that the good news is truer than the bad news. Look at the graph below:

 Not a Trump landslide, but rather a Hillary collapse       hat @jonathanwebber
Looking at the graph it's obvious that probably any other Republican could have defeated Hillary Clinton and that any other Democrat (certainly Bernie Sanders) could have defeated Trump. 

This means that, thanks to the Clinton machine's insistence on Hillary's entitlement, the absurd face of Donald Trump will someday grace a postage stamp, but more importantly, this also means that the Democratic party is either going to move more to the social-democratic left or disappear... and that is really good news.

And now for a question:

Is globalization dead or does it just smell that way?

Stay tuned. DS

1 comment:

Fiddlin Bill said...

In so far as globalization is a function of fast transportation, low transportation costs, and extremely low labor costs in many parts of the globe, globalization is hardly dead or even ill. Trade deals like TTP might be dead for now, but as long as capital is mercury--and Trump is a capitalist--globalization will continue.