Rand Paul, who likes to rush in where even Palins fear to
tread, has been mocked for this conjunction of “own” and children. Or I should
say some have mocked it, while most have let it pass as mere flotsam on the
ocean of cretinism in which we all, as Americans, daily float.
However, the word “own” there is doing so much business,
stands out so much like a sore thumb, or maybe a freakish fist of sore thumbs,
that I have to buzz around it and find a place to bite, like a mosquito whose
maxillary palp organs have been rubbed the right way by the delicious aroma of
human sweat gland.
One of the many recent bits marked down for deletion in the
collective American memory was the glorious slogan, “ownership society”, under
which so many financial products were deregulated in the interest of the common
man. Here’s a bit of a flashback from a
site run by a rightwing aparatchik named Jim Glassman (who I happened to work
for when I was in college, and before he took his jackassery to new levels):
“The greatest political and demographic shift over the past
twenty years was not the number of new Spanish speaking residents, but rather
the number of individuals who owned shares of stock. In the 1996 elections,
pundits spoke of soccer moms as the key demographic. This time around, the 2004
elections will be decided by America's growing investor class.
With this in mind, President
Bush spoke directly to the burgeoning investor class at the Republican National
Convention by announcing his vision for America becoming an "ownership
society." Bush's speech called for a new paradigm in which government
policies empower, not inhibit, individuals, so that each person has more
choices and control over his healthcare and retirement. Included in the vision
are Health Savings Accounts (HSAs), Lifetime and Retirement Savings Accounts
(LSAs/RSAs), Comp/Flex time, and Social Security Personal Retirement Accounts
(PRAs). All of these plans have one important theme in common: individual
ownership.”
We all like to remember that George Bush was elected in 2000
while losing the popular vote, and we all like to forget that he was authentically
elected (no Supreme Court helping) by a healthy margin in 2004. What’s more, he
told us exactly what he was going to do.
What did ownership mean? Well, for those of us who combine Marx’s
notion that ideology has the quality of reversing the true arrangement of
social relations with St. Paul’s maxim that we must read what happens in the
World as in a mirror, the meaning was obvious: the ownership society was about
appropriating the few assets of the wage class and replacing them with debt.
This is exactly what happened. In contrast to Glassman’s claim, the bottom 80
percent of the income scale owns approximately 5 percent of the financial wealth,
according to Wolff, an economist who specializes in the composition of wealth
in America. In 2007, the median household had assets of around 150 thousand
dollars, of which the vast majority, 100, 000 dollars, was invested in a house.
Ah, the house! That centerpiece of the ownership society. In 1989, the
collected debt of the average household equaled 89 percent of average income –
and by 2007, it equaled 141 percent. Now this kind of trend, if put in another
situation, say the Soviet Union, would show the total level of expropriation
had gone sky high – but in the United States, ownership means that your
percentage of what you really own goes sliding merrily down the slope, as you
vote for your creditors to turn the screws and call it – freedom.
This, of course, is one shot at the prize of understanding
the metastasis of ownership in the American discourse. The idea that the most
private and intimate relationship between two humans is one of ownership
extends well beyond this, of course. It is a recent and alarming development in
public craziness – a severe form of social autism, which is, coincidentally,
one of the fears that drives the anti-vaxxers. We watch the social norm become
autistic, and we naturally grow fearful for our children – even as we work, in
every way, to normalize that autistic way of thinking and speaking.
There’s so much more to say! I’ll stop, here. I apologize
for the paradox mongering, which is as easy as skipping stones, I gotta admit.
But fun!
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