Posts Tagged ‘Matt Yglesias’

Why Are Politicians Amoral Pimps?

Tuesday, September 8th, 2009

They aren’t, at least no more so than the rest of us.

Matt Yglesias laments:

…I’ve come to be increasingly baffled by the high degree cynicism and immorality displayed in big-time politics. For example, Senators who genuinely do believe that carbon dioxide emissions are contributing to a global climate crisis seem to think nothing of nevertheless taking actions that endanger the welfare of billions of people on the grounds that acting otherwise would be politically problematic in their state. In other words, they don’t want to do the right thing because their self-interest points them toward doing something bad. But it’s impossible to imagine these same Senators stabbing a homeless person in a dark DC alley to steal his shoes. And what’s more, the entire political class would be (rightly!) shocked and appalled by the specter of a Senator murdering someone for personal gain. Yet it’s actually taken for granted that “my selfish desires dictate that I do x” constitutes a legitimate reason to do the wrong thing on important legislation.

I think this is a really important question that goes to the heart of the difficulty democracies have in solving problems. (for various responses to Matt’s query see here and here and Matt’s follow up here.)

The knee jerk, cynical response is to mutter that they are just bought off by the campaign donors to whom they must cater. But that doesn’t provide the explanation Matt seeks. Most politicians would not actually kill someone because their campaign donors want them dead. So why do they allow their parochial interests to overwhelm their moral judgment on big issues like climate change legislation where the welfare of millions is at stake?

Another cynical response is that people who are excessively power hungry or greedy self-select as politicians—so they lack a moral conscience to begin with. But that doesn’t explain why they would not consider murder but routinely allow millions to die because of their policies. Moreover, the premise is flawed. Congresspersons don’t have much power as individuals, except for the few who become committee chairs or party leaders which takes a very long time. And although some parlay their stint in office into lucrative lobbying gigs, I suspect only a few get fabulously rich. It’s not a bad job but given the obstacles to gaining office and the arduous task of continually campaigning it isn’t obvious it is a straightforward way of gaining riches or power.

They may possess some other peculiar characteristic such as a narcissistic personality or an excessive need for approval but that wouldn’t preclude them taking credit for sweeping legislation that saves lives rather than small-bore catering to local interests.

I don’t think any of the cynical explanations work.

Rather, the explanation is that sustaining a concern for the welfare of distant, unknowable others is hard. Such a concern is not regulated by a personal relationship and it is neither concrete nor immediate. In short, it requires, not only abstract thinking, but a kind of sustained caring that lacks an immediate emotional tug. On issues such as climate change, much of the threat lies in the future. We don’t know precisely who will be harmed or when they will be harmed or to what extent. And responsibility for these harms will not fall on a single person but will be distributed across thousands of people who could have halted climate change but did not.

It is a fact about human psychology that people typically discount the future, exaggerate uncertainty, and avoid responsibility when it is diffuse. Causing statistically predictable death is not like causing an actual death.

In contrast to preventing climate change, killing a person involves immediate, personal contact, and full responsibility for a result about which one is virtually certain. There are powerful psychological impediments to committing murder that disappear when contemplating temporally remote “statistical harm”.

So politicians fail to concern themselves with the common good because they are, like most of the rest of us, concerned with the personal, the palpable, and the concrete. And politicians if they are to stay in power must signal to their constituents that they share their values (and moral psychology). Most people frame moral questions in personal terms and emphasize local concerns. So do politicians. When you have citizens who refuse to use energy saving, compact fluorescent light bulbs  because they don’t glow as warmly as incandescent bulbs, it is apparent that the problem is not with the politicians only.

And we are probably limited in our moral imaginations because evolution designed us to focus our practical reason on immediate, local concerns.

This is the challenge that liberalism confronts in tackling long-term, global problems. It requires a kind of moral and intellectual commitment that most people find unfamiliar at best and threatening at worst. It was in part a desire to provide a solution to this challenge that motivated me to write Reviving the Left.

Of course, not everyone has such a limited moral imagination. Matt Yglesias imagines:

If some weird situation somehow resulted in me becoming a United States Senator, I would spend six years making trouble, having fun, and trying to do the right thing. Probably I’d lose a primary or something since I wasn’t bothering to raise money or campaign. Then I’d right a book about it.

I suspect Matt thinks this way because he has a background in philosophy and because he strikes me as a bit of a utilitarian. Making abstract, impersonal judgments is part of the territory.

But I don’t think the practical reason of most human beings works that way.

So I quite agree with Matt:

I think the underlying issue is one of the most profound ones humanity faces so I don’t think I have it all figured out.

No one does, but we better get it figured out–quickly.

 

Dwight Furrow is Professor of Philosophy at San Diego Mesa College and author of Reviving the Left: The Need to Restore Liberal Values in America

Was the Reagan Revolution an Economic Revolution?

Wednesday, July 22nd, 2009

Matt Yglesias is puzzled by the rise of the right.

As he rightly points out, the Great Depression was a calamitous event that discredited classical (free market) economics and generated interest in government-regulated (Keynesian) economics. And after that we enjoyed 25 years of modestly egalitarian economic growth.

The stagflation of the 1970’s put an end to that success. The theories of Keynes were discredited and we suffered a rebirth of free market economics. But therein lies the puzzle.

So far so good. But one thing that’s really striking about this is lack of symmetry between the two events. The US economy in the 1970s was not doing well, but things were much worse during the Depression. And though US economic performance since Ronald Reagan’s election has been better than it was during the troubled Ford/Carter years of the late-1970s it’s been considerably worse than it was in the postwar years. So it’s not immediately clear what about the events in the real world should really be seen as overwhelmingly tipping the scales in a neoclassical direction. What’s more, the scope of the theoretical revision seems unnecessarily large relative to the “real world” puzzle. In retrospect one can fairly easily say something like “monetary policy was too loose in the late-1960s and early 1970s” without chucking tons of additional ideas overboard. But that’s what happened.

And it would be one thing if that switch had been delivering awesome results, but compared to what we had in the postwar years it really hasn’t.

In other words, why did the relatively modest economic problems in the 1970’s lead Americans to throw out a largely successful theory of economics (Keynes) in favor of a less than successful and earlier discredited free market theory that had contributed to the calamity of the Great Depression?

This is a genuine puzzle. But I think the answer is that the Reagan revolution was not primarily about economics. It was a reaction to the cultural changes of the 1960’s, resentment toward the increasing social power of women and African-Americans, and a values backlash against cultural liberalism (which seemed to embody foreign policy weakness as well as moral weakness) that became more articulate and coherent in the increasingly prominent role of the religious right.

The mandarins in the Republican party used this veneer of moral outrage to cover up an economic coup that gave carte blanche to corporate interests under the guise of a populist movement. Neo-classical economics achieved legitimacy on the back of a values revolution.

We on the left are sometimes guilty of having read too much Marx, who famously argued that economics was the driving force behind cultural transformations.

The reputation of the right Hegelians deserved better than they got at least on that score.

The Illegal, the Immoral, and the Crazy

Monday, May 4th, 2009

 

Cross-posted at Philosophy on the Mesa

Chrysler’s recent decent into bankruptcy was precipitated by the fact that some of Chrysler’s bondholders (especially hedge funds) refused to accept the Obama administration’s proposal to buy up their bonds at a steep discount.

Obama chastised the hedge fund managers, calling them speculators” who were “refusing to sacrifice like everyone else” and who wanted “to hold out for the prospect of an unjustified taxpayer-funded bailout.”

Obama’s condemnation received a good deal of push back from investors and libertarian types:

George Schultze, the managing member of the hedge fund Schultze Asset Management, a Chrysler bondholder, said, “We are simply seeking to enforce our bargained-for rights under well-settled law.”

And the Cato Institute’s Doug Bandow slams Barack Obama for “attacking people for exercising their legal rights”.

Matt Yglesias rightly criticizes these comments for failing to recognize that what is legal is not necessarily morally right.

What Obama did was to criticize the hedge fund managers who forced Chrysler into bankruptcy for doing something that, though legal, Obama (correctly) viewed as immoral. Is that really such a crazy course of action?

Confusing the legal with the moral one of my pet peeves, but in this case I think the problem lies elsewhere.

It is an article of faith in our society that corporations have one and only one moral responsibility—that is to their shareholders to whom they are contractually obligated. According to Milton Friedman, who most famously articulated this principle, for a corporation to do something for the good of society, at the expense of shareholders, is a kind of theft.

In contemporary capitalism, corporations are granted the legal status of persons who can sue and be sued, who possess rights, and can make claims on the rest of society. Yet they are “persons” with one and only one obligation—to maximize profits for shareholders. If an investment fund can increase share price by a dime by destroying a company and throwing thousands of people out of work, it is morally obligated to do so!

As Joel Bakan argues in his film (and book) The Corporation, a person who is free from all responsibility except maximizing her own welfare is a psychopath. Corporate law has essentially created massive, unregulated, powerful psychopaths on which all of us depend for our material existence.

That in a nutshell is our problem today.

I discuss some possible solutions in Reviving the Left.