Posts Tagged ‘Clyde Barrow’
“Mounting a campaign against plutocracy makes as much sense to the typical Washington liberal as would circulating a petition against gravity”*…
Brad DeLong elaborates on Jonathan Kirshner‘s bracing review of Martin Wolf‘s important new book…
Jonathan Kirshner: Rigged Capitalism and the Rise of Pluto-populism: On Martin Wolf’s The Crisis of Democratic Capitalism: ‘The middle third of this book, “What Went Wrong,” should be required reading…. When it comes to solutions, unfortunately, The Crisis of Democratic Capitalism comes up short. Wolf, ever measured, is convincing in making the case for reform over revolution…. Yet it is disheartening that the sensible, reformist agenda of reasonable, practical measures that Wolf outlines already seems beyond the capacity of our politics…. Massive concentrations of wealth for a sliver of largely-above-the-law plutocrats, combined with stagnation and declining opportunities for the majority—leads to a basic political problem: “How, after all, does a political party dedicated to the material interests of the top 0.1 percent of the income distribution win and hold power in a universal suffrage democracy? The answer is pluto-populism”… [which] unleash[es] forces… [that] render liberal democracy unsustainable…. corruption, arbitrariness of justice, and fear for future prospects are poisonous to the body politic…. Its final sentence, “If we fail, the light of political and personal freedom might once again disappear from the world,” reads less like a call to action and more like an epitaph…
Martin Wolf’s The Crisis of Democratic Capitalism and Barry Eichengreen’s The Populist Temptation are, I think, the best books on theDover-Circle-Plus societies current Time of Troubles. And there is no clear way through.
It was James Madison who wrote, in 1787:
Democracies have ever been spectacles of turbulence and contention; have ever been found incompatible with personal security or the rights of property; and have in general been as short in their lives as they have been violent in their deaths…
And the death of real democracy does not have to be accompanied by the end of the form. The classic example here is the Jim Crow U.S. South from 1876-1965. It was less than half as rich as the rest of the United States for almost a complete century. It was ruled by an oligarchy uninterested in economic development and very interested in corruption. The oligarchy its power by focusing the electorate on the necessity of keeping the Black Man Down, and tarring anyone who wanted a government that was less corrupt or more pro-development with being a negro-lover. That it held rocksolid from 1876 to 1965 shows that the future of anything we could call prosperous democratic capitalism is not assured…
Bracing: “Pluto-Populism,” from @delong.
See also: Kishore Mahbubani‘s “Democracy or Plutocracy? – America’s Existential Question” (source of the image above).
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As we get back to basics, we might recall that it was on this date in 1934 that Depression Era bandits Bonnie and Clyde were ambushed by police and shot to death in Bienville Parish, Louisiana. Bonnie Elizabeth Parker and Clyde Chestnut (Champion) Barrow were a criminal couple who traveled the Central United States with their gang during the Great Depression. The couple were known for their bank robberies, although they preferred to rob small stores or rural funeral homes. Their exploits captured the attention of the American press and its readership during what is occasionally referred to as the “public enemy era” between 1931 and 1934.
The 1967 hit film Bonnie and Clyde, directed by Arthur Penn and starring Warren Beatty and Faye Dunaway in the title roles, revived interest in the couple, who were treated somewhat sympathetically. The 2019 Netflix film The Highwaymen depicted their manhunt from the point of view of the pursuing lawmen but received mixed reviews.
Youthful Crimestoppers for the Twenty-First Century…
by Ted McCagg
Via the wonderful Libraryland.
As we contemplate the clues that surround us, we might recall that it was on this date in 1934 that Bonnie Parker and Clyde Barrow were ambushed and killed on a rural road near Gibsland, Louisiana, by a posse of four Texas Rangers and two Louisiana Troopers armed with Browning Automatic Rifles sporting 20 round magazines with armor piercing bullets. The barrage that caught the bandits in their car reportedly left each with 50 bullet wounds– and left the ambushers deaf for 30 minutes after their attack.
The dispatch of Barrow and Parker was the beginning of the end of the “Public Enemy era” of the 1930s. New federal statutes that made bank robbery and kidnapping federal offenses, the growing coordination of local jurisdictions by the FBI, and the installation of two-way radios in police cars combined to make the free-roaming outlaw lifestyle much more difficult in the summer of 1934 than it had been just a few months before. Indeed, two months after Gibsland, John Dillinger was ambushed and killed in Chicago; three months after that, Charles Arthur “Pretty Boy” Floyd took 14 FBI bullets in the back in Ohio; and one month after that, Lester “Baby Face Nelson” Gillis shot it out, and lost, in Illinois. By 1935, Public Enemies had migrated pretty completely to the Silver Screen.
Bonnie and Clyde, 1933 (source)
Alert: Avoiding embarrassing exposure…
As Sacha Baron Cohen roams the U.S. searching for folks to inveigle into appearing in his next film, he is operating behind a series of dummy companies and web sites intended to mask his involvement in the follow-up to his smash Borat.
In his new movie, Cohen appears as “Bruno,” a gay Austrian journalist who, like Borat, asks embarrassing (and often salacious) questions. Prospective interviewees– e.g., ballroom dancers, Alabama National Guard officials, and a white supremacist– are told that Bruno is working with Amesbury Chase, a Los Angeles-based production company, and are directed to the Amesbury Chase web site, on which the firm is described as having “world class facilities, and state-of-the art equipment to help you create dynamic and compelling content.”
The firm’s address is actually a box at Sunset Blvd. Mailboxes. And the company and its web site were both created within the last 18 months. Three other Cohen front companies– Cold Stream Productions, Coral Blue Productions, and Chromium Films–all use, as the reader will see, the same mailbox drop, phone number, and web site template as Amesbury Chase.
So, if an uber-stylish man with a microphone and a teutonic accent approaches you, claiming to have a Sunset Boulevard address…
(Thanks, Smoking Gun)
As we prepare to mince words, we might wish an alias-free happy birthday to Clyde Barrow, who teamed with Bonnie Parker to terrorize bankers and lawmen across the Mid-West through the 30s; the masculine half of “Bonnie and Clyde” was born on this date in 1909.
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