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OpEdNews Op Eds    H1'ed 9/11/18

The US Need Not Inevitably Descend into Violent Chaos If and When Disaster Strikes

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Depression-era rent strike, an example of solidarity in a crisis
Depression-era rent strike, an example of solidarity in a crisis
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By Dave Lindorff

Liberal opponents of serious, aggressive action on climate change like California Governor Jerry Brown are the strange bedfellows of right-wing survivalists on one thing: Both are quick to warn darkly that if environmentalists have their way and imposestrict cuts on oil, gas and coal production or on mileage standards for automobiles and pollution controls on power plants, or in the case of right-wingers, if the banking system is allowed to continue to run US economic policy and the Fed isn't audited, the irate citizens of the US will descend into an orgy of anarchic violence and mayhem.

The argument is that if Americans are told they can no longer drive gas-guzzling automobiles and blast their air conditioners at will, or if the US financial system again collapses as it did in 2008 leading to the Great Recession, the people of this country will essentially go mad and a lawless chaos of dog-eat-dog, kill thy neighbor for his food, will ensue.

"It will be like the Great Depression all over," I read in one account of a recent report by one JP Morgan Chase analyst who is predicting a dramatic market crash of over 40% followed by armageddon. (I learned about this little report of impending disaster from a former cop friend who advised me to get a gun and plenty of ammo and to stock up on food to be able to protect my family.)

But this is truly ignorance regarding what actually happened when everything did collapse back in the Great Depression and Dust Bowl.

It's true that a few despondent investors did leap from windows of tall buildings in lower Manhattan after the 1929 stock market collapse, but not all that many, and things continued fairly calmly after that as the economy began to seize up. After all, very few Americans were actually invested in the market. But even as the lay-offs, bank collapses, bankruptcies and home foreclosures began to mount, there was no revolution in the US.

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Dave Lindorff, winner of a 2019 "Izzy" Award for Outstanding Independent Journalism from the Park Center for Independent Media in Ithaca, is a founding member of the collectively-owned, journalist-run online newspaper (more...)
 

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