IT took a massive global financial crisis to make my national television debut possible. After 15 years of socialist political organizing I found myself in the midtown Manhattan studio of the Fox Business Network on a cold February evening. Whom did we have to thank for this moment in the spotlight? Oddly enough, Republican politicians such as Mike Huckabee and John McCain had become our most effective promoters.
We appreciated the newfound attention. But we also cringed as the debate took on the hysterical tone of a farcical McCarthyism. The question “Is Obama a socialist?” spread rapidly through a network of right-wing blogs, conservative television outlets and alarmist radio talk shows and quickly moved into the mainstream. “We Are All Socialists Now,” declared a Newsweek cover last month. A New York Times reporter recently pinned Obama down with the question, “Are you a socialist, as some people have suggested?” The normally unflappable politician stumbled through a response so unconvincing that it required a follow-up call in which Obama claimed impeccable free market credentials.
The funny thing is, of course, that socialists know that Barack Obama is not one of us. Not only is he not a socialist, he may in fact not even be a liberal. Socialists understand him more as a hedge-fund Democrat — one of a generation of neoliberal politicians firmly committed to free-market policies.
The first clear indication that Obama is not, in fact, a socialist, is the way his administration is avoiding structural changes to the financial system. Nationalization is simply not in the playbook of Treasury Secretary Tim Geithner and his team. They favor costly, temporary measures that can easily be dismantled should the economy stabilize. Socialists support nationalization and see it as a means of creating a banking system that acts like a highly regulated public utility. The banks would then cease to be sinkholes for public funds or financial versions of casinos and would become essential to re-energizing productive sectors of the economy.
The same holds true for health care. A national health insurance system as embodied in the single-payer health plan reintroduced in legislation this year by Rep. John Conyers, D-Mich., makes perfect sense to us. That bill would provide comprehensive coverage, offer a full range of choice of doctors and services and eliminate the primary cause of personal bankruptcy — health-care bills. Obama’s plan would do the opposite. By mandating that every person be insured, ObamaCare would give private health insurance companies license to systematically underinsure policyholders while cashing in on the moral currency of universal coverage. Issues of war and peace further weaken the commander in chief’s socialist credentials. Yet the president remains “the world’s best salesman of socialism,” according to Republican Sen. Jim DeMint, R-South Carolina. DeMint encouraged supporters “to take to the streets to stop America’s slide into socialism.” Despite the fact that billions of dollars of public wealth are being transferred to private corporations, Huckabee still felt confident in proposing that “Lenin and Stalin would love” Obama’s bank bailout plan.
Huckabee is clearly no socialist scholar, and I doubt that any of Obama’s policies will someday appear in the annals of socialist history. The president has, however, been assigned the unenviable task of salvaging a capitalist system intent on devouring itself. The question is whether he can do so without addressing the deep inequalities that have become fundamental features of American society. So, President Obama, what I want to know is this: Can you lend legitimacy to a society in which 5 percent of the population controls 85 percent of the wealth? Can you sell a health-care reform package that will only end up enriching a private health insurance industry? Will you continue to favor military spending over infrastructure development and social services? My guess is that the president will avoid these questions, further confirming that he is not a socialist except, perhaps, in the imaginations of an odd assortment of conservatives. Yet as the unemployment lines grow longer, the food pantries emptier and health care scarcer, socialism may be poised for a comeback in America.
— Billy Wharton is editor of the Socialist magazine. [email protected]
