[imc-st.louis] "Industrial Disease..."- Crisis Forewarned in 1993
scottie a_
sca at free-assembly.org
Wed Apr 15 02:29:22 PDT 2009
Scott Addison * St. Louis, MO
8 Apr.'09
Economic Daze of Future Past:
"Industrial Disease..."
-- Crisis Forewarned in 1993
`````````````````````````````````````````````
It's a bit surprising that the current
economic meltdown was surprising at all. The
devolving forces have been steadily at work for a
long time, the effects foreseeable, but the Pols
& Pundits chose not to look. They all kept
blithely echoing the sure axioms of the annointed
economic experts, which now ring hollow. Some
persist on the rhetorical bully pulpit, bandying
20-20 hindsight, but our creedance is strained...
if they're so smart now, why were they so wrong
then?
There is a sense of déja vu in all this:
Recall the election of 1992, as the Clinton
administration came in with an agenda of economic
change, in the wake of another Repugnican
recession... (remember the bumper sticker: "It's
the Economy, Stupid"). Even then, it seemed that
the laissez-faire 'suppy-side' ideologies of the
Reagan years had exhausted their thin logic.
Bill Clinton campaigned against NAFTA, promoted
domestic jobs, equity, & healthcare reform, and
hinted at long-needed innovations in industrial
policy -- already a focus of my work for 10
years. When he formed the first 'National
Economic Council' as President-Elect, it was a
politically volatile moment in these debates, and
it looked like a promising one for new ideas.
So I called DC, shared some thoughts,
they asked for fuller inputs in writing, and I
obliged... it took 2 months to compose a serious
economic research & policy essay, presented in
February 1993:
**
<http://www.free-assembly.org/libtree/addison-works/indl-disease-fe09.pdf>"INDUSTRIAL
DISEASE ~ Soft Cures in the NeoEconomy"
(PDF format, 37 pp., 328 kb ... full link below**)
It was ambitious in scope, connecting
best ideas with pragmatic solutions:
It surveyed forward-thinking economic
critiques in the realms of Sustainability,
Regionalism, Responsible Investment, and Urban
Design, and posited an emergent 'NeoEconomic'
model in the synthesis of these insights. Noting
patterns of capital flight and industrial loss,
retail-driven sprawl, and the excesses of the
finance, insurance, and real estate sectors, it
predicted inevitable crisis if these trends
continued -- showing why real economic change was
essential, better sooner than later.
Then it outlined a broad policy plan under
these 4 major themes, with coordinated program &
project initiatives -- setting up near-term
remedies and long-term transitions in economic
life & theory. Restoring productive diversity
and balance to communities would prove the
viability of the new model. The hope was to
avert future crisis, and not wait to endure it.
However as the Clinton team settled in,
it started looking like more of the same:
He backpedaled on campaign positions, embraced
deregulation, turned around and supported NAFTA
five months into office. His economic agenda
entrenched the influences of globalist bankers,
brokers, and marketeers -- unmoved by progressive
critiques, unwilling or unable to see systemic
problems -- so this promising discourse never
went forward.
Now 16 years later, the 'future crisis'
is fully upon us, landing on a new Democratic
President once again. The issues are the same
because they were never addressed, but more
sweeping than feared. Obama seems to grasp
`some` of the big picture, with elements of a
progressive analysis and laudable notions of
green reinvestment in infrastructure &
communities. But again the political push is to
revive the economy as we knew it, to save
dinosaur institutions and restore the Old Order.
These inertial powers and habitual views drag on
the momentum for creative change, and he lacks a
clear strategic vision posing a viable
alternative model. This is what 'NeoEconomics'
meant to provide in 1993... what could have been
proactive and wise then is urgent and imperative
now.
It is the nature of ideas before their time to
become current and compelling later on.
The time for these ideas has come --
"Indusrial Disease..." has been presented to the
White House once more, sent to the National
Economic Council in March 2009, with minor
revisions:
Keeping it authentic, the main body of the
essay is largely unaltered, true to its 1993
context and significant in that light. The
scholarly research and policy ideas are still
true and workable, even if some `program`
parlance might change. However a new 'Foreword,
2009' chronicles the origins of this essay, its
political fate, and the effects of intervening
years... and the original closing is
supplemented, where 'Epilogue 2009' adds
admonitions on the current crisis:
"There is no going back. This is not just a
cyclic 'recession', it is a seismic shift in
economic grounds, forcing a deep restructuring
and permanent changes in our modus operandi. ...
Now the NeoEconomy must evolve fast..." (pp.
36-37).
Bringing this old essay to the new public
debate, it seemed most fitting to present an
'updated original' in this way, as an item of
history with current commentary... a future from
the past.
**Here is the full direct link:
<http://www.free-assembly.org/libtree/addison-works/indl-disease-fe09.pdf>http://www.free-assembly.org/libtree/addison-works/indl-disease-fe09.pdf
in service --
\_scottie addison__
St. Louis, MO
\__Planning, Design, Land Policy & Law
--
|/// This eMail address ~ "The trouble with Americans is they
|// <sca at Free-Assembly.org> know so many things that ain't so."
|/ ~ is for private use only -- Artemus Ward, c.1860
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