Bannonism

“If there’s an explosion or a fire somewhere, Steve Bannon’s probably nearby with some matches.” – Matthew Boyle, Breitbart.

Bannonism 

Another interesting flavor of  Libertarianism  in the USA is “Bannonism“:  the dream about “Christian capitalism” which simultaneously (and in best Ann Rand style) is “enterprenurial capitalism” (which make it a “bastard neoliberalism”.  And simultaneously strange mixture of ideas of Libertarianism and national socialism (alt-right). 

A lot of things in Bannonism is self-contradictory.  Breitbart was way too close to the tea party movement. So it is not accidental that Bannon himself self-destruct (of self -immolated) by talking too much to Wolff for his book (and Wolff being a Clinton neoliberal was only too happy to push Bannon under the bus).  The only thing he got right is that New Deal Capitalism required for its existence the existence of the USSR to keep US elite from engaging in cannibalistic  behaviour. After this countervailing force was removed the elite went on the path of self-destruction of the country while enriching themselves at the expense of common people. So the current crisis of neoliberalism in the USA is an indirect side effect (blowback) of the demise of the USSR. Now the neoliberal elite tired artificially recreate the situation that existed during the cold war by fueling anti-russian hysteria. Whether  that can stabilize the neoliberalism in the USA or not remains to be seen. 

“I believe we’ve come partly off-track in the years since the fall of the Soviet Union and we’re starting now in the 21st century, which I believe, strongly, is a crisis both of our church, a crisis of our faith, a crisis of the West, a crisis of capitalism.”  This Is How Steve Bannon Sees The Entire World

Fist of all its attack on globalization is incompatible with the support of Randism (“entrepreneurial capitalism”), neoliberalism and deregulation at home.  His Ideal the state whoudl be weakened in order to allow entrepreneurial capitalism to florish are pretty unrealistic and dangerous dreams. Essentially that makes him a Trojan horse of neoliberals (despite preaching “bustard neoliberalism” or neoliberalism without globalization)   This Is How Steve Bannon Sees The Entire World

The central thing that binds that all together is a center-right populist movement of really the middle class, the working men and women in the world who are just tired of being dictated to by what we call the party of Davos. A group of kind of — we’re not conspiracy-theory guys, but there’s certainly — and I could see this when I worked at Goldman Sachs — there are people in New York that feel closer to people in London and in Berlin than they do to people in Kansas and in Colorado, and they have more of this elite mentality that they’re going to dictate to everybody how the world’s going to be run.I will tell you that the working men and women of Europe and Asia and the United States and Latin America don’t believe that. They believe they know what’s best for how they will comport their lives. They think they know best about how to raise their families and how to educate their families. So I think you’re seeing a global reaction to centralized government, whether that government is in Beijing or that government is in Washington, DC, or that government is in Brussels. So we are the platform for the voice of that.

Harnwell: I think it’s important to understand the distinction that you’re drawing here between what can be understood as authentic, free-market capitalism as a means of promoting wealth that [unintelligible] involves everybody with a form of crony capitalism which simply benefits a certain class. And we’ve watched over the course of our conference, we’ve watched two video segments produced by the Acton Institute about how development aid is spent internationally and how that can be driven away from — it damages people on the ground but it also perpetuates a governing class. And the point that you’re mentioning here, that I think that you’re saying has driven almost a revolution movement in America, is the same phenomenon of what’s going on in the developing world, which is a concept of government which is no longer doing what it is morally bound to do but has become corrupt and self-serving. So it’s effectively the sa—

Bannon: It’s exactly the same. Currently, if you read The Economist, you read the Financial Times this week, you’ll see there’s a relatively obscure agency in the federal government that is engaged in a huge fight that may lead to a government shutdown. It’s called the Export-Import Bank. And for years, it was a bank that helped finance things that other banks wouldn’t do. And what’s happening over time is that it’s metastasized to be a cheap form of financing to General Electric and to Boeing and to other large corporations. You get this financing from other places if they wanted to, but they’re putting this onto the middle-class taxpayers to support this. 

“I’m not an expert in this, but it seems that [right-wing parties] have had some aspects that may be anti-Semitic or racial … My point is that over time it all gets kind of washed out, right?” 

And the tea party is using this as an example of the cronyism. General Electric and these major corporations that are in bed with the federal government are not what we’d consider free-enterprise capitalists. We’re backers of entrepreneurial capitalists. They’re not. They’re what we call corporatist. They want to have more and more monopolistic power and they’re doing that kind of convergence with big government. And so the fight here — and that’s why the media’s been very late to this party — but the fight you’re seeing is between entrepreneur capitalism, and the Acton Institute is a tremendous supporter of, and the people like the corporatists that are closer to the people like we think in Beijing and Moscow than they are to the entrepreneurial capitalist spirit of the United States.

 

Also the notion of “Christian capitalism” (or “neoliberalism with human face”)  is just a dream. There is not and there will be never be any “authentic, free-market capitalism as a means of promoting wealth that involves everybody. Forms that he calls “crony capitalism” which simply benefits a certain class are the only one systainable. althouth NewDeal Capilism was probably the most close to his dreams.  This Is How Steve Bannon Sees The Entire World

Benjamin Harnwell, Human Dignity Institute: Thank you, Steve. That was a fascinating, fascinating overview. I am particularly struck by your argument, then, that in fact, capitalism would spread around the world based on the Judeo-Christian foundation is, in fact, something that can create peace through peoples rather than antagonism, which is often a point not sufficiently appreciated. Before I turn behind me to take a question —

 Bannon: One thing I want to make sure of, if you look at the leaders of capitalism at that time, when capitalism was I believe at its highest flower and spreading its benefits to most of mankind, almost all of those capitalists were strong believers in the Judeo-Christian West. They were either active participants in the Jewish faith, they were active participants in the Christians’ faith, and they took their beliefs, and the underpinnings of their beliefs was manifested in the work they did. 

And I think that’s incredibly important and something that would really become unmoored. I can see this on Wall Street today — I can see this with the securitization of everything is that, everything is looked at as a securitization opportunity. People are looked at as commodities. I don’t believe that our forefathers had that same belief.

He also does not understand that  far right revolt is the reincarnation of national socialist  ideas (neo-fascism), not so much his Christian capitalism ideas

Bannon: For everybody in your audience, this is one of the most monumental — first off, it’s the biggest election upset in the history of the American republic. Eric Cantor was the House majority leader and raised $10 million. He spent, between himself and outside groups, $8 million to hold a congressional district. He ran against a professor who was an evangelical Christian and a libertarian economist. He ran against a professor who raised in total $175,000. In fact, the bills from Eric Cantor’s campaign at a elite steak house in Washington, DC, was over $200,000. So they spent more than $200,000 over the course of the campaign wining and dining fat cats at a steak house in Washington than the entire opposition had to run.Now, Eric Cantor, it was a landslide. He lost 57–43, and not one — outside of Breitbart, we covered this for six months, day in and day out — not one news site — not Fox News, not Politico, no sites picked this up. And the reason that this guy won is quite simple: Middle-class people and working-class people are tired of people like Eric Cantor who say they’re conservative selling out their interests every day to crony capitalists. 

“That center-right revolt is really a global revolt. I think you’re going to see it in Latin America, I think you’re going to see it in Asia, I think you’ve already seen it in India.” 

And you’re seeing that whether that was UKIP and Nigel Farage in the United Kingdom, whether it’s these groups in the Low Countries in Europe, whether it’s in France, there’s a new tea party in Germany. The theme is all the same. And the theme is middle-class and working-class people — they’re saying, “Hey, I’m working harder than I’ve ever worked. I’m getting less benefits than I’m ever getting through this, I’m incurring less wealth myself, and I’m seeing a system of fat cats who say they’re conservative and say they back capitalist principles, but all they’re doing is binding with corporatists.” Right? Corporatists, to garner all the benefits for themselves.
 

And that center-right revolt is really a global revolt. I think you’re going to see it in Latin America, I think you’re going to see it in Asia, I think you’ve already seen it in India. Modi’s great victory was very much based on these Reaganesque principles, so I think this is a global revolt, and we are very fortunate and proud to be the news site that is reporting that throughout the world.

See also Bannon Versus Trump – The New York Times