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Friday, June 5, 2009

Senator DeMint and GOP Corporatism

Sen. Jim DeMint of South Carolina heads the Senate Steering Committee, made up of the Senate's most conservative Republicans, and is a member of the Senate Banking, Housing and Urban Affairs Committee. In a fine essay in the Washington Times he has some excellent advice for his party. The short version: Get out of bed with the corporate elites.

DeMint puts his finger on a festering problem in the GOP - they've abandoned their conservative principles in order to appease the corporate power-brokers. Here's part of what he writes:

Earlier this month, the United States Chamber of Commerce handed out its annual "Spirit of Enterprise" awards to those members of Congress who voted with the Chamber 70 percent of the time on its most important legislative initiatives of 2008. The only four Republican senators who did not receive the award were Jon Kyl, Jeff Sessions, Jim Inhofe and me - four of the most conservative members of the Senate.

What were the conservative offenses? We opposed the failed bailouts and stimulus. Which explains why many liberal Democrats scored higher, including Barack Obama and Hillary Rodham Clinton.

The Republican who scored lowest of all - that is, the Republican lawmaker supposedly least aligned with the nation's business community - was Ron Paul, a strong constitutionalist famous for his strict adherence to a free-enterprise libertarian philosophy.

There is, in these facts, an important insight into the current unpopularity of the Republican Party. In an era of corporate welfare - which is lately taking on the characteristics of 1930s-style corporatism itself - the interests of big business are veering away from the interests of economic freedom and toward the interests of big government. Many Republicans in the past decade have followed a similar course, and the party - and our country - have paid dearly for the wrong turn.

Republicans were not a party of economic elites as much as they were a party of economic freedom. They represented a clear, philosophical contrast to the watered-down socialism of the Democrats. Even when Republicans fell short on their promises of limited government, Americans believed the promises to be sincere nonetheless.

Where Mr. Reagan fought to deregulate in the interests of industry competition, many recent Republican leaders have sought to regulate in the interests of industry leaders. That is why the lobbying industry has grown so successful in recent years: For the first time, both parties have become receptive to special interest pleadings.

Republicans shouldn't be the party of business any more than they should be the party of labor - we're supposed to be the party of freedom. We should get out of the business of picking winners and losers in the marketplace. We should not care who wins in fair fights between Microsoft and Apple, between CitiGroup and community banks, or between Home Depot and mom-and-pop hardware stores. All we should demand is a fair fight.

It is none of the government's business - let alone the Republican Party's - whether banks make or deny risky loans, but only that we ensure lenders and borrowers bear the consequences of their own decisions.

Republicans will succeed again when we realize our true allegiance is not to the U.S. Chamber of Commerce, but to free markets, free people and freedom itself.

There's more good stuff from DeMint at the link, and his point is well taken. Too many corporate CEOs masquerade as economic free-marketeers, but they're really not. They're corporatists who welcome all sorts of government intervention into the marketplace because, among other reasons, those interventions make it harder for pesky smaller companies to compete, leaving the market as the exclusive grazing grounds of the wealthy giants. So far from being appalled at the idea of a marriage between business and government, the very relationship that Mussolini contrived in Italy and the Nazis duplicated in Germany, too many Republican politicians think that such an illicit union can only make the engines of commerce thrum with greater resonance, and they're only too happy to facilitate it.

It's, in fact, a symptom of what's wrong with the Republican party and why they're losing elections. They're simply indistinguishable from liberal Democrats.

RLC