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TRIUMPH OF THE MARKET

Democracy may be winning, but economic options are limited indeed.
By Sasha Abramsky

The 18th-century Scottish philosopher and essayist David Hume wrote
that 'factions [parties] arise most easily in small republics.
Every domestic quarrel, there, becomes an affair of state. Love,
vanity, emulation, any passion, as well as ambition and resentment,
begets public division.' Living in a political world divided
between Whigs and Tories, the astute commentator continued,
'Nothing is more usual than to see parties, which have begun upon
a real difference [in this instance, their respective stances on
Britain's constitutional revolution of 1688] continue even after
that difference is lost.'
Scroll forward two and a half centuries. In place of the ruffled
gentlemen-aristocrats of Hume's time - the Pitts and Foxes who
helped shape parliamentary politics in the age of Empire - Britain
is governed by Tony Blair's Labour Party. On the surface, it
appears that history has come a long way: aristocracy has given way
to democracy, empire to self-determination. But in some crucial
aspects, the political situation in the final years of this
millennium is more akin to the world Hume wrote about than the
political world of a generation ago.
Blair's Labour government was elected in May 1997 with the largest
parliamentary majority since 1832, when the franchise was broadened
to include the propertied middle class. With over 170 more Members
of Parliament than all other parties combined, its numerical
superiority dwarfs that of Clement Atlee's post-World War II Labour
government and Margaret Thatcher's first two Conservative
governments.
But the 1945 government embarked on an ambitious programme of
nationalisation, committing itself to full employment and a
comprehensive welfare system designed to protect citizens 'from the
cradle to the grave', while Thatcher's government overhauled the
'corporate welfare state' - albeit in a massively destructive way.
Blair's government has no equivalent transformative economic
programme.
His administration has introduced radical constitutional reforms:
devolving power to Scotland and Wales, proposing a powerful new
system of municipal government, and advocating a Bill of Rights and
a Freedom of Information Act. It's also kick-started the Irish
peace process, and modernised Britain's relations with the European
Union (EU). 
But its economic policy has been remarkably conservative. First,
New Labour has shied away from abrupt departures with the
monetarist, deregulating policies of the recent past. Second, the
principles that it has chosen to highlight - from a 'small
government' approach to social spending to cutting welfare for
single mothers and an independent Bank of England - are more akin
to Conservative economics than traditional Socialist thinking.
In 1997, Labour was so wary of scaring off newly supportive
business interests that it dropped even its manifesto pledge -
never more than symbolic in recent years - to full employment.
Constrained by Britain's membership in the General Agreement on
Tariffs and Trade (GATT) and other international trade agreements,
increasingly interrelated global economic structures, and EU
commitments to low budget deficits and tight anti-inflationary
policies, Blair's government echoes what ruling parties most of the
world over are doing: It constructs a 'pragmatic' programme within
the rather narrow economic spaces permitted by the movements and
behaviour of the 'market'. Meanwhile, it shifts much of its
political energy to constitutional changes, an area in which the
market is much more flexible.
In theory, the late 1990s should be a time of hope and progressive
social changes for much of the world's population. No longer
divided by Cold War logic, Europe East and West has more social
democratic governments than at anytime since the war. Cuahatomac
Cardenas, who has led the opposition to Mexico's corrupt ruling
party, is mayor of Mexico City, and most of Latin America is now
officially in a post-dictatorship, post-civil war renaissance. The
US has a two-term Democratic president. The few governments in
Africa that are democratic have strong progressive credentials. And
until the recent election, the largest democracy in the world,
India, was being run by a Leftist coalition.
Yet, wealth differentials between rich and poor (individuals,
countries, or hemispheres) are widening, and the quality of life
for much of the world's peasants and urban slum dwellers is
deteriorating. Peasants in Latin America are less often massacred
en masse by semi-official death squads, but they certainly aren't
any less impoverished. And social democracy may well be fashionable
again in Europe, but that doesn't make unemployment less endemic in
the inner cities.
While the formal trappings of democracy are on the march, the
sphere of possibility is shrinking. Increasingly, the role of the
party in a pluralistic society - as an umbrella for competing sects
who nevertheless share enough broad ideological overlaps to
cooperate in forming a programme of action - is being assumed by
the structure of the marketplace. 
Lacking the fundamental ideological distinctions that characterised
parties of yesteryear (in particular, the economics and morals of
socialism versus capitalism), the parties themselves are left to
behave like the old sects that used to exist within the umbrella of
the parties. Whether New Labour or the Conservatives rule
Britannia, the governing power will broadly accept the distributive
outcomes dictated by the market, coalescing around personalities
rather than distinct world visions.
In South Africa, Nelson Mandela heads a government that emerged out
of one of the most emotive liberation struggles in modern history.
Yet, despite the ANC's Freedom Charter and its support of
redistributive economic tenets, the government is committed to
limited privatisation. And due to its need for foreign investment,
it's proven largely unable to orchestrate a fairer distribution of
land and income. The somewhat absurdist result is that Mandela,
arguably the world's most principled liberation leader, and a man
who spent 27 years in prison because of his beliefs, is being
denounced by some on the Left, such as the International
Socialists, as a sell-out, a well-meaning but misguided Market
Uncle Tom.
Assuming Mandela's entire life-history isn't part of an elaborate
conspiracy to capture a liberation movement only in order to thwart
its expectations, how is the ANC's cohabitation with the market,
and acceptance of the constraints it has thrown up, to be
explained? For an answer, look to the dead Soviet bloc: While
command economics and nationalisation were discredited within a
broader capitalist framework, globalising tendencies were unleashed
by instant-transfer technology. 
Neither Mandela nor the ANC ever embraced the Soviet programme.
Yet, with that system's collapse, the options for political
diversity have shrunk. In the final years of the century, the
market has assumed a political agenda-setting potency on a scale
undreamt of a few years ago.
The larger political parties within this system have become market
sects, left to either coalesce around telegenic leaders who are
spokespeople for a market-society, or, in more desperate countries,
around sectarian issues. This has removed the possibility of
cross-sectional political movements against poverty, hunger, and
all the other issues that made social reform through democratic
elections possible. Where once democratising forces produced
vibrant socialist and social democratic parties adhering to
universal themes and dreams, the market increasingly splinters the
politics of universalism.
When economics is cut out of the party-political discourse,
societies are left either with a bland personality-politics or the
more frightening politics of racial and religious exclusion. If
Hindus in India can't see a political way to bypass austerity
measures and the absolute poverty in which so many live, then at
least they can see scapegoats - Muslims, tribals, 'others'. Hence,
the rise of the terrifying 'religious nationalist' politics
espoused by the Bharatiya Janata Party. In Europe, it's parties
such as Le Pen's Front Nationale in France. In the US, we see
disgruntled militia movements and political fundamentalists such as
Pat Buchanan.
In the long run, this may be the most lasting legacy of the
spectacular rush to market globalism. By denying citizens even
minimal control over their countries' economic structures, the
market may end up undermining the meaning of democracy, even as
political rhetoric seeks to bind 'democracy' and 'market economics'
ever more closely together in the popular consciousness. The
political party, serving both to delineate substantial alternatives
between opposing ideological movements and bind alliances into
workable political forces, continues to exist. But it's
increasingly consigned  to the margins, more a servant to the
existing status quo than a transformative social force.
Karl Marx, always pessimistic about the possibility of peaceful
transformations of the capitalist order, wouldn't be at all
surprised. - Third World Network Features
-ends-

About the writer: Sasha Abramsky is a regular contributor to Toward
Freedom, in which the above article first appeared (May 1998).
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