Understanding the World With Paul Sweezy

Understanding the World With Paul Sweezy

Understanding the World With Paul Sweezy

I’m an optimist by disposition, but some weeks it’s hard to find evidence of progress in human affairs.

Facebook
Twitter
Email
Flipboard
Pocket

I’m an optimist by disposition, but some weeks it’s hard to find evidence of progress in human affairs. Here on the TV screen is Colin Powell, smoothly fulfilling his designated function as the Empire’s prime dispenser of official lies. This particular morning he’s ladling unctuous bilge about the US-sponsored coup in Haiti, even as the renascent Tontons Macoutes, under the tolerant gaze of USMC officers, swarm across Port-au-Prince, chopping up any supporters of Aristide they can find.

And here’s John Kerry, the Democratic nomination in his grasp. Having made his own zestful contribution to the body count in Vietnam during the Phoenix sweeps, Kerry knows where many of the Empire’s bodies are rotting. In his first Senate term he even led useful hearings into the BCCI scandal and the arms-for-cocaine shuttle in Central America. Then the Elders of Empire told him to mind his manners, which he promptly did.

But truth can pop out of Kerry’s mouth from time to time, as happened amid the Haiti coup unrolling at the end of February under the carefully uncomprehending eyes of the US press. The Bush Administration, Newsday reported Kerry as saying, has “a theological and ideological hatred for Aristide,” which led to the Administration empowering the rebels.

Not so bad. Then Kerry flew to Los Angeles (where the LAPD had just plugged more than ten bullets into a robber backing his car toward them) and called for 40,000 more troops, 100,000 more cops here at home, 100,000 more firemen. There’s Keynesianism in action for you: John Kerry’s bold pledge for job creation. He also pumped up California’s AG, Bill Lockyer, to prod the state Supreme Court into banning San Francisco’s same-sex marriage.

Democrats will spend the rest of the year insisting they’re not liberal softies. So rest assured, Kerry says, “I will not hesitate to order direct military action when needed to capture and destroy terrorist groups and their leaders.” The Washington Post noted that “Kerry appeared to outline his own preemptive doctrine in the speech.” That’s the presidential option this year: a choice between pre-emptive doctrines. Bill Blum, who’s written a useful history of the National Endowment for Democracy, picked up on Kerry’s attack on Bush in this same speech for providing insufficient funding for NED. As Bill wrote, “He probably thought he was on safe ground; the word ‘democracy’ always sells well. But this is his most depressing comment of all. He’s calling for more money for an organization that was set up to be a front for the CIA, literally, and that for 20 years has been destabilizing governments, progressive movements, labor unions, and anyone else on Washington’s hit list,” including Haiti, where the NED has been active.

“When all seems dark,” my father, Claud, used to say when I was a teenager, “try reading a little Marx. It puts things in perspective.” As I’d mope over the defection of some girlfriend, he’d thrust a copy of the Eighteenth Brumaire into my hand and tell me to cheer up. I remembered Claud’s advice last weekend, when news that one of the world’s great Marxist economists, Paul Sweezy, had died at the age of 93.

Sweezy wasn’t at all like Marx in demeanor. Karl was hairy, bohemian and cantankerous, whereas Paul, godlike in his good looks, radiated an amiable and dignified calm, at least in my personal experience. Reading Marx, you feel you’re getting to the truth of the matter, and it was the same with Sweezy. He wrote and taught with extraordinary clarity.

After Sweezy’s death, I asked Robert Pollin, once a student of Sweezy’s, now teaching economics at UMass, for his thoughts. Bob remembered the excitement of Sweezy’s lectures at the New School back in 1975, and he swiftly furnished many interesting paragraphs about Sweezy’s great contributions in big books and in Monthly Review, which he founded with Leo Huberman in 1949.

At Harvard in the 1930s Sweezy was the star grad student of Joseph Schumpeter. Pollin reckons that Schumpeter was thinking of Sweezy, whom he greatly admired, when he wrote in Capitalism, Socialism, Democracy that capitalism would not survive because it breeds intellectual freedom, hence people with critical faculties, and it’s only inevitable that these powerful minds will turn their guns on the deficiencies of capitalism itself. Then Schumpeter, himself a conservative, wrote that socialism would succeed, maybe unwieldily, but be more egalitarian nonetheless, in part because the brilliant thinkers grown dissatisfied with the crassness and injustices of capitalism would also rise to the top in a socialist society, and make it function decently. “And again,” Bob writes, “who else could he have had in mind here but Paul, his student and protégé?”

Different times, brighter hopes. These days we’re looking at a lot of socialist rubble, but simultaneously at capitalist architecture whose stresses and failures Sweezy–in accessible terms, decade after decade, in his books and in Monthly Review–trenchantly detected and explained: the reasons for the New Deal’s failure, until World War II bailed out the system; military Keynesianism and the Korean War as the factors in US recovery; underdevelopment in the Third World, a consequence of dependency that was created by imperialism (an analysis evolved with Harry Magdoff in MR); the increasing role of finance in the operations of capitalism, an analysis, again evolved with Magdoff in MR, from the late 1960s on.

Way ahead of most, Sweezy was clear-eyed about the trends: the capture of more and more of society’s wealth by the rich, the threat this tapering pyramid of purchasing power poses to the stability of the whole system, the need for the left to bolster what defenses working people can muster against the predators. Read his books and you can understand why we have Marines presiding over the continuing enslavement of Haiti, why we have John Kerry proclaiming his doctrine of progressive interventionism, why we have Alan Greenspan calling for a renewed onslaught on Social Security. Sweezy taught generations how to understand these things, how not to be surprised. Like all great teachers he gave us the consolations as well as the burden of such knowledge. If you know what’s happening you’re in a position to figure out how to do something about it, and that’s always uplifting.

Thank you for reading The Nation!

We hope you enjoyed the story you just read. It’s just one of many examples of incisive, deeply-reported journalism we publish—journalism that shifts the needle on important issues, uncovers malfeasance and corruption, and uplifts voices and perspectives that often go unheard in mainstream media. For nearly 160 years, The Nation has spoken truth to power and shone a light on issues that would otherwise be swept under the rug.

In a critical election year as well as a time of media austerity, independent journalism needs your continued support. The best way to do this is with a recurring donation. This month, we are asking readers like you who value truth and democracy to step up and support The Nation with a monthly contribution. We call these monthly donors Sustainers, a small but mighty group of supporters who ensure our team of writers, editors, and fact-checkers have the resources they need to report on breaking news, investigative feature stories that often take weeks or months to report, and much more.

There’s a lot to talk about in the coming months, from the presidential election and Supreme Court battles to the fight for bodily autonomy. We’ll cover all these issues and more, but this is only made possible with support from sustaining donors. Donate today—any amount you can spare each month is appreciated, even just the price of a cup of coffee.

The Nation does not bow to the interests of a corporate owner or advertisers—we answer only to readers like you who make our work possible. Set up a recurring donation today and ensure we can continue to hold the powerful accountable.

Thank you for your generosity.

Ad Policy
x