Exclusively in the new print issue of CounterPunch
HOW MODERN MONEY WORKS — Economist Alan Nasser presents a slashing indictment of the vicious nature of finance capitalism; The Bio-Social Facts of American Capitalism: David Price excavates the racist anthropology of Earnest Hooten and his government allies; Is Zero-Tolerance Policing Worth More Chokehold Deaths? Martha Rosenberg and Robert Wilbur assay the deadly legacy of the Broken Windows theory of criminology; Gaming the White Man’s Money: Louis Proyect offers a short history of tribal casinos; Death by Incarceration: Troy Thomas reports from inside prison on the cruelty of life without parole sentences. Plus: Jeffrey St. Clair on how the murder of Michael Brown got lost in the media coverage; JoAnn Wypijewski on class warfare from Martinsburg to Ferguson; Mike Whitney on the coming stock market crash; Chris Floyd on DC’s Insane Clown Posse; Lee Ballinger on the warped nostalgia for the Alamo; and Nathaniel St. Clair on “Boyhood.”
The Liberal "Intelligentsia" v. Nader

Things They Should Consider

by AL KREBS

Before the Democratic Party and its "liberal intelligentsia" unleash its expected vindictiveness upon Ralph Nader’s candidacy for president in 2004 it might consider the following:

* Al Gore (with an able assist from the U.S. Supreme Court) lost the electoral vote for president in 2000. He not only lost his home state but that of his president. If his managers had spent less time in that campaign attacking Nader’s candidacy and more time arranging at least one trip to West Virginia, a traditional Democratic state, Gore would have won that state making Florida irrelevant.

* Arguments that Nader work within the Democratic Party for genuine change, as Howard Dean’s populist candidacy in recent months leading up to the current primaries demonstrated, only begets the wrath of a Party establishment intent on preserving its power and the present "two party duopoly" governing our country.

* Progressives believe it is important to "defeat Bush at any cost," but as Nader points out "while it is important that Bush must be defeated," Democrats are currently incapable of it "without someone running a third party campaign with a strong Bush critique pulling them in the right direction."

* The tendency of progressives tied to the Democratic Party, while admitting to the party’s sizable failings, is to still cling to the idea that "this is not the time," to run a third party campaign from the left. "They have no breaking point, no point of termination" Nader points out. "They watch Democrats in office offer them one defeat after another without ever being willing to establish a termination strategy, a point beyond which too much is too much."

Thus if the Democratic Party spent less time and effort trying to seduce its "corporate paymasters," exhibit a willingness to wage an unintimidated and full bore attack on George W. Bush’s domestic and international policies while returning the party of the people to its Jeffersonian populist roots there would be no need to waste its scarce resources continuously and needlessly attacking Ralph Nader.

AL KREBS is the editor of the Agribusiness Examiner, one of CounterPunch’s favorite newsletters. He can be reached at: avkrebs@earthlink.net