Obama’s program is nothing more than a stepped-up corporatism, draped – as it so often is – in rah-rah red-white-and-blue, all the better to keep the public from looking too closely. If the people can be distracted by patriotic fanfare — cheerleader chants about being No. 1 — jingoist can-do-ism — maybe they won’t notice that the program is merely an updated state capitalism in which the government combines with well-connected business executives and anointed union leaders to manage the economy in hopes of preventing the crisis that could call into question the very legitimacy of statism. It’s a tall order considering the mess the economic managers have created.
Tuesday night Obama delivered a message punctuated with an aggressive nationalism that insults the spirit of cosmopolitan free-market liberalism:
“We need to out-innovate, out-educate, and out-build the rest of the world,” he said.
How repulsive! The liberal vision isn’t a zero-sum Olympic rivalry among nation-states, with governments alternately cajoling and cudgeling their populations to perform. It’s a positive-sum world where individuals, not countries, compete and cooperate in pursuit of their well-being within a division of labor and harmony of interests, unobstructed by governments and their sanctioned monopolies — and oblivious of political boundaries.