Fables of freedom by @BloggersRUs

Fables of freedom

by Tom Sullivan

Bill Moyers' guest, historian Steve Fraser, deconstructs how the second Gilded Age differs from the first. Then, people banded together and rose up to challenge their newfound serfdom. But these are "acquiescent times," says Fraser. We live in a fable of capitalism as "a democracy of the audacious who will make it on their own, while in fact most of the people are headed in the opposite direction."

There is way too much in this conversation to unpack this morning. Fraser's key obstacle to our exiting the second Gilded Age? Capitalism and freedom have become so conflated that we lack the language to question the current system and to explore alternatives.

BILL MOYERS: You talk about the vocal right. And there's a powerful movement that seems to like the way the country is going. That seems to think this is the way it ought to be and that Occupy Wall Street and Steve Fraser, and others, they just represent the malcontents of a system that is really working for them.

STEVE FRASER: Yes. It is the consummate all embracing expression of the triumph of the free market ideology as the synonym for freedom. In other words, it used to be you could talk about freedom and the free market as distinct notions. Now, and for some time, since the age of Reagan began free market capitalism and freedom are conflated. They are completely married to each other. And we have, as a culture, bought into that idea. It's part of what I mean when I say the attenuating of any alternatives.

[snip]

STEVE FRASER: ... there's a philosopher who said that language is the house of being. It's where we live. And if you're living in a language that's been denuded of some of its key furniture like certain concepts like that, you're homeless. You have no way, you have no way to challenge even when you're faced with wholesale larceny. I mean on the part of the major banking institutions. I mean what -- let's call a spade a spade. These were thieves. And yet the we lack the kind of linguistic wherewithal, which is much more, it's spiritual, to confront it.

Thanks a lot, Milton.