Wednesday, February 19, 2020

BILLIONAIRE JEFF BEZOS OF AMAZON SAYS ONLY THE BILLIONAIRES SHOULD PICK PRESIDENTS - LIKE WHO DOES BEZOS THINK PICKS THEM NOW?!?

Democracy Dies in the Washington Post: WaPo op-ed argues for having elites decide presidential nominees


The Democrats are a mess, with socialist and unelectable Bernie Sanders now the clear frontrunner among Democratic voters. He can't win. But enough Democrats are upset at the leveraged buyout of their party by billionaire Michael Bloomberg that they've moving to the old socialist as a defense mechanism of sorts. 
So what better than to have elites pick the presidential nominee instead?
The current process is clearly flawed, but what would be better? Finding an answer means thinking about the purpose of presidential nominations, and about how the existing system falls short. It will require swimming against the tide of how we’ve thought about nominations for decades — as a contest between everyday voters and elites, or as a smaller version of a general election. A better primary system would empower elites to bargain and make decisions, instructed by voters.
Kid you not, that's really what was written in today's Washington Post. That's the solution being bruited about for the Democratic malaise by one Julia Azari, a leftist professor writing in the pages of the Washington Post.
Her logic goes that since lots of candidates enter the race, elites should choose who's electable, balancing interests, which we just know they'd be willing to do as sacred trustees of The People. The problem is the voters, who just can't pick their candidates right, they have too many to choose from, see, and in the end, they mess up the system. Sure the system's great as a starter thing, but...
What it’s not great at is choosing among the many candidates who clear that bar, or bringing their different ideological factions together, or reconciling competing priorities. A process in which intermediate representatives — elected delegates who understand the priorities of their constituents — can bargain without being bound to specific candidates might actually produce nominees that better reflect what voters want.
Her proposal, she hastens to add, would just be for the party nomination of course. Somehow, voters are still O.K. in her book for the big one, it seems picking the president.
So much for that electoral college rage going on since President Trump got elected. She doesn't say what she thinks about that.
But for picking Democratic candidates, nothing works better than having a nomenklatura elite to sort these things out for us, given that the voters can't be trusted. It sounds like a bringback of the Superdelegate system that enraged Democratic voters last time - and is why Democrats in the end put out the very weak candidacy of Hillary Clinton. Now, unhappy with Democratic voter choices in this latest round, she's proposing to bring it back in some new form, for the voters' own good. That's how they Got Trump and whether they know it or not, they're now saying "thank you, may I have another."
But it certainly is reflective of the Democrat distrust of letting voters decide. As Marxist Bertholt Brecht used to say: "If the government simply dissolved the people. And elected another?”


Washington Post Op-ed: ‘Give the Elites a Bigger Say in Choosing the President’

CEO of Amazon Jeff Bezos (R) gestures as he addresses the Amazon's annual Smbhav event in New Delhi on January 15, 2020. - Bezos, whose worth has been estimated at more than $110 billion, is officially in India for a meeting of business leaders in New Delhi. (Photo by Sajjad …
SAJJAD HUSSAIN/AFP via Getty Images
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The Washington Post is taking criticism for an op-ed published Tuesday by Marquette University political science professor Julia Azari, titled: “It’s time to give the elites a bigger say in choosing the president.”
Citing the “rocky start” to the Democratic Party’s presidential primary, Azari suggests that the process of choosing the nominee be taken from the people and returned to the politicians:
The current process is clearly flawed, but what would be better? … A better primary system would empower elites to bargain and make decisions, instructed by voters.
One lesson from the 2020 and 2016 election cycles is that a lot of candidates, many of whom are highly qualified and attract substantial followings, will inevitably enter the race. The system as it works now — with a long informal primary, lots of attention to early contests and sequential primary season that unfolds over several months — is great at testing candidates to see whether they have the skills to run for president. What it’s not great at is choosing among the many candidates who clear that bar, or bringing their different ideological factions together, or reconciling competing priorities. A process in which intermediate representatives — elected delegates who understand the priorities of their constituents — can bargain without being bound to specific candidates might actually produce nominees that better reflect what voters want.
Azari suggests that the parties should use what she calls “preference primaries,” which would “allow voters to rank their choices among candidates, as well as to register opinions about their issue priorities.”
After a perfunctory voting process, wlites would be able to choose a nominee based on information about what the voters want.
She acknowledges that the idea is “labor-intensive and a little risky.”
The Post is owned by Jeff Bezos, the founder of Amazon, who is the world’s richest man. The paper’s slogan, adopted as an intended rebuke to President Donald Trump, is “Democracy dies in darkness.”
That phrase was trending on Twitter on Wednesday morning as readers reacted ironically to the op-ed.



>"Democracy dies in darkness"

>"Do people actually want more Democracy in their lives"


View image on Twitter




Azari’s article appears to anticipate the possibility of a “brokered convention” among Democrats this summer. Currently, no candidate is projected to win a majority of delegates before they gather in Milwaukee, Wisconsin — near Professor Azari’s university — at the Democratic National Convention.


If no candidate wins on the first ballot, there will be a second — at which point committed delegates will be free to choose other candidates, and the party elites, known as “superdelegates,” will be able to vote.
Also on Tuesday, billionaire oligarch Mike Bloomberg, who once changed the rules to run for a third term as mayor of New York City, qualified for the Democrat debate in Nevada on Wednesday evening.
Joel B. Pollak is Senior Editor-at-Large at Breitbart News. He earned an A.B. in Social Studies and Environmental Science and Public Policy from Harvard College, and a J.D. from Harvard Law School. He is a winner of the 2018 Robert Novak Journalism Alumni Fellowship. He is also the co-author of How Trump Won: The Inside Story of a Revolution, which is available from Regnery. Follow him on Twitter at @joelpollak.


“The remarkable thing is how weak wages are, how weak the economy is, given that as a result of the tax bill we have a $1 trillion deficit.”
"This week the Washington Post reported that the US retail giant Walmart is planning to cut jobs as part of a restructuring to develop online sales to compete with Amazon. In the brutal language of the corporate world, it said store managers should follow “standard termination procedures” for any “active associate who has not been selected for another position in the company.” This edict will potentially affect thousands of workers, sometimes with decades of service."

Markets soar as companies announce mass layoffs

19 February 2020
As stock markets around the planet, led by 
Wall Street, climb to record highs, increasing 
the wealth of the ultra-rich by billions of 
dollars every day, growth in the world 
economy is falling to its lowest levels since 
the global financial crisis of 2008. Once again,
the working class is being made to pay, with
announcements of major job cuts.
Economic data from the major capitalist economies point to an accelerating downturn. In the US, the world largest economy, growth is little more than 2 percent. This is the lowest for any “recovery” in the post-war period, despite President Donald Trump’s claims of the greatest boom in history.
The closed Bayou Steel Group factory in LaPlace, October 2019. The Louisiana steel mill unexpectedly laid off 376 employees and says the factory will shut down in November [Credit: AP Photo/Gerald Herbert]
China, the world’s second largest economy, experienced its lowest growth rate for 30 years in 2019. Large areas of the economy are still in lockdown due to the coronavirus outbreak, with estimates for first-quarter growth being slashed, in some cases to zero.
Japan, the world’s third largest economy, has been delivered a shock by the announcement that it contracted at an annual rate of 6.3 percent in the fourth quarter of 2019. While this was mainly the result of an increase in sales taxes, the hit was far larger than expected and the downturn is set to continue, due to the effects of the coronavirus.
Growth in Germany, the world’s fourth largest economy, has flat-lined, with predictions that it could enter a recession, dragging down the rest of the Eurozone, which showed growth of just 0.1 percent in the fourth quarter last year.
In South Korea, one of the world’s major manufacturing centres, the government has called for “emergency” measures because of the downturn in China and Japan. Australia, the world’s 12th largest economy, looks set to end its 28-year run without a recession.
The class logic of the process underway 
stands out in stark relief. As the wealth of the 
financial elites is boosted by the rise of the 
stock markets, fueled by the provision of 
trillions of dollars from the world’s central 
banks, and the promise of still more to come, 
the working class is being made to bear the 
burden.
Job cuts are sweeping through manufacturing industry, particularly auto production. Every week brings new announcements. Last week, French car producer Renault unveiled a $2.2 billion cost-cutting program to include job cuts. Last month, Volkswagen pledged to slaughter “sacred cows” as it announced 20,000 job cuts in Germany alone.
By the latest estimates, around 100,000 jobs will be eliminated in the global auto industry in 2020. This is on top of more than 500,000 job cuts in auto-related industries around the world last year. In India, there are warnings that as many as 1 million of the country’s 5 million auto parts industry jobs could be at risk.
This worldwide job massacre is being driven by two processes: the fall in the market for cars, as a result of lower growth and falling demand, due not least to the stagnation of wages around the world and sweeping changes in technology. Companies are preparing for a future of electric cars and self-driving vehicles by slashing costs in order to try to remain competitive in the new conditions.
BLOG: IN THE NEW CAPITALISM PROFITS ARE MADE BY USING "CHEAP" LABOR ILLEGALS. THE TRUE COST OF THEIR WELFARE AND CRIME WAVE IS PASSED ALONG TO MIDDLE AMERICA IN THE FORM OF TAXES. CALIFORNIA HAS THE LARGEST NUMBER OF ILLEGALS, AND HANDS OUT $40 BILLION PER YEAR IN SOCIAL SERVICES. 
Karl Marx laid out the essential logic of this process more than 170 years ago. The industrial war of the capitalists, he wrote, “has the peculiarity that its battles are won less by recruiting than by discharging the army of labour” as the generals “compete with one another as to who can discharge most soldiers of labour.”
This process is not confined to auto production but is sweeping through all sections of the economy.
This week the London-based Hong Kong Shanghai Banking Corporation (HSBC) said it would reduce its workforce by 35,000 in the coming period as part of what its chief executive Noel Quinn called one of the “deepest restructurings” in the global bank’s 155-year history—which his management team was “committed to executing at pace.”
The HSBC announcement followed last year’s decision by Germany’s Deutsche Bank to slash 18,000 jobs as part of a restructuring process.
The retail industry is likewise being devastated. Tens of thousands of so-called brick-and-mortar stores in the US and around the world have been shut down, with more job cuts to come.
This week the Washington Post reported that the US retail giant Walmart is planning to cut jobs as part of a restructuring to develop online sales to compete with Amazon. In the brutal language of the corporate world, it said store managers should follow “standard termination procedures” for any “active associate who has not been selected for another position in the company.” This edict will potentially affect thousands of workers, sometimes with decades of service.
The contrast between the situation confronting the working class and the accumulation of wealth on the heights of society is exemplified by the dizzying enrichment of Elon Musk, the owner of the electric car company Tesla.
Due to a spectacular surge in Tesla’s share 
price this month, Musk’s net worth rose by 
$4.5 billion in just one day, making him the 
fastest-rising global billionaire. Over just six 
weeks his wealth has risen by $13.9 billion—
$316 million every day so far this year. There 
are even predictions that Musk could overtake
Amazon billionaire Jeff Bezos as the richest 
man in the world.
The devastation of working-class jobs and conditions is not some unfortunate or accidental outcome of the accumulation of wealth in the hands of a rapacious financial oligarchy. There is a causal connection.
BLOG: IN THE NEW CAPITALISM PROFITS ARE MADE BY USING "CHEAP" LABOR ILLEGALS. THE TRUE COST OF THEIR WELFARE AND CRIME WAVE IS PASSED ALONG TO MIDDLE AMERICA IN THE FORM OF TAXES. CALIFORNIA HAS THE LARGEST NUMBER OF ILLEGALS, AND HANDS OUT $40 BILLION PER YEAR IN SOCIAL SERVICES. 
The stock price of major corporations, from which the elites derive their fortunes, depends on the extent to which the financial markets judge they are successful in reducing costs by gutting their workforces and intensifying the exploitation of the remaining workers. The stock market and the entire financial system function as an institutionalised mechanism for siphoning up wealth.
Vast new developments in technology, associated with the advance of artificial intelligence and its use via the Internet, increase productivity and have the capacity to lift the social and economic conditions of the mass of the population. Instead, through the operations of the capitalist profit system, they are being utilized to concentrate socially produced wealth in the hands of a tiny minority.
There is no cure for this ever-worsening social disease through patchwork reforms or band-aids. It must be tackled at its source and overcome through the unified struggle of the international working class to establish a higher and necessary socioeconomic system. That is international socialism, in which the productive forces, created by the labour of the world’s producers, are publicly owned and used for the benefit of all.

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