Economist Tyler Cowen interviews Ralph Nader. Prof. Cowen always asks interesting questions typically from two buckets: 1) the hard truth questions and 2) the questions no one else is asking. This falls into the second camp mostly but it is an insightful question and Mr. Nader gives a very interesting answer with a good deal of theological sophistication.
TC: If someone cited to you religion and American churches as the sector of our society
that has best resisted corporatization, would you agree or disagree? And if you disagree,
what would you cite instead?
RN: They’re resisting less. They’ve given up on gambling, and the main bulwark against
widespread gambling—outside of Las Vegas—and against government-run lotteries, was
the churches. But then Bingo started in church basements, and the gambling interests
went to work on the churches. They claimed that their businesses in Atlantic City would
help the elderly throughout New Jersey. The churches lost their credibility.
A society riven with gambling is one that bets on the future rather than builds the future.
So what countervailing force is there? Labor unions are weaker. We have a tremendous
disruption of the community civic values that used to hold commercial values in check. I
only see this emerging left/right alliance against the corporate state that I wrote about in
my book, Unstoppable. It’s the only political realignment that is possible over the next
ten to twelve years. It has the support of public opinion and sentiment. You see bipartisan
reform of the juvenile justice system; a dozen state legislatures are beginning to challenge
the extension of these global, corporate-managed trade agreements in Congress; and
there’s growing opposition to more wars of choice overseas. You’re beginning to see 70–
80 percent support for an inflation-adjusted minimum wage. You can’t get that kind of
poll result without a lot of conservative workers. And the poll results come in at about 90
percent in favor of breaking up the banks that are too big to fail because we fear that their
speculative octopi will get us into another recession.