Thomas Frank: Economics

Thomas Frank is American political analyst, historian and writer. Explore interesting quotes on economics.
Thomas Frank: 20 quotes0 likes

“The great goal of the backlash is to nurture a cultural class war, and the first step in doing so, as we have seen, is to deny the economic basis of social class. After all, you can hardly deride liberals as society’s "elite" or present the GOP as the party of the common man if you acknowledge the existence of the corporate world — the power that creates the nation’s real elite, that dominates its real class system, and that wields the Republican Party as its personal political system.”

Thomas Frank book What's the Matter with Kansas?

Ibid. (p. 128).
What's the Matter with Kansas? (2004)

“Old-fashioned values may count when conservatives appear on the stump, but once conservatives are in office the only old-fashioned situation they care to revive is an economic regimen of low wages and lax regulations. Over the last three decades they have smashed the welfare state, reduced the tax burden on corporations and the wealthy, and generally facilitated the country’s return to a nineteenth-century pattern of wealth distribution. Thus the primary contradiction of the backlash: it is a working-class movement that has done incalculable, historic harm to working class people.The leaders of the backlash may talk Christ, but they walk corporate. Values may "matter most" to voters, but they always take a backseat to the needs of money once the elections are won. This is a basic earmark of the phenomenon, absolutely consistent across its decades-long history. Abortion is never halted. Affirmative action is never abolished. The culture industry is never forced to clean up its act.”

Thomas Frank book What's the Matter with Kansas?

Ibid. (p. 6).
What's the Matter with Kansas? (2004)

“[The right] may never bring prayer back to schools, but it has rescued all manner of rightwing economic nostrums from history’s dustbins. Having rolled back the landmark economic reforms of the sixties (the war on poverty) and those of the thirties (labor law, agricultural price supports, banking regulation), its leaders now turn their guns on the accomplishments of the earliest years of progressivism (Woodrow Wilson’s estate tax; Theodore Roosevelt’s anti-trust measures). With a little more effort, the backlash may well repeal the entire twentieth century.”

Thomas Frank book What's the Matter with Kansas?

Ibid. (p. 8).
What's the Matter with Kansas? (2004)

“Derangement is the signature expression of the Great Backlash, a style of conservatism that first came snarling onto the national stage in response to the partying and protests of the late sixties. While earlier forms of conservatism emphasized fiscal sobriety, the backlash mobilizes voters with explosive social issues — summoning public outrage over everything from busing to un-Christian art — which it then marries to pro-business economic polices. Cultural anger is marshaled to achieve economic ends. And it is these economic achievements — not the forgettable skirmishes of the never-ending culture wars — that are the movement’s greatest monuments. The backlash is what has made possible the international free-market consensus of recent years, with all the privatization, deregulation, and de-unionization that are its components. Backlash ensures that Republicans will continue to be returned to office even when their free-market miracles fail and their libertarian schemes don’t deliver and their "New Economy" collapses. It makes possible the police pushers’ fantasies of “globalization” and a free-trade empire that are foisted upon the rest of the world with such self-assurance. Because some artist decides to shock the hicks by dunking Jesus in urine, the entire plant must remake itself along the lines preferred by the Republican Party, U. S. A.The Great Backlash has made the laissez-faire revival possible, but this does not mean that it speak to us in the manner of the capitalists of old, invoking the divine right of money or demanding that the lowly learn their place in the great chain of being. On the contrary; the backlash imagines itself as a foe of the elite, as the voice of the unfairly persecuted, as a righteous protest of the people on history’s receiving end. That is champions today control all three branches of government matters not a whit. That is greatest beneficiaries are the wealthiest people on the plant does not give it pause.”

Thomas Frank book What's the Matter with Kansas?

Introduction: What's the Matter with America (pp. 5-6).
What's the Matter with Kansas? (2004)

“Apparently, there is no bad economic turn a conservative cannot do unto his buddy in the working class, as long as cultural solidarity has been cemented over a beer.”

Thomas Frank book What's the Matter with Kansas?

Ibid. (p. 118).
What's the Matter with Kansas? (2004)