subrealism | However, money does not emerge from barter-based economic activities,
but rather from the sovereign's desire to organize economic activity.
The state issues currency and then imposes taxes. Because citizens are
forced to use the state's currency to pay their taxes, they can trust
that the currency will carry value in day-to-day economic activities.
Governments with their own currency and a floating exchange rate
(sovereign currency issuers like the United States) do not have to
borrow from "bond vigilantes" to spend. They themselves first spend the
money into existence and then collect it through taxation to enforce its
usage. The state can spend unlimited amounts of money. It is only
constrained by biophysical resources, and if the state spends beyond the
availability of resources, the result is inflation, which can be mitigated by taxation.
These simple facts carry radical policy implications.
theroot | I first met Zac Henson a few years ago when we were both invited to a
forum in Birmingham, Ala., to talk about economic development. He has
an unkempt beard and talks with a Southern accent as thick as Karo
Syrup. He looks like a redneck. He sounds like a redneck. I figured that
I would be the lone voice railing against the gentrification of one of
the blackest cities in America, until he spoke up.
It turns out that Henson is
a redneck. It also turns out that Henson is a UC Berkeley-educated
economist and scholar with a Ph.D. in environmental science, policy and
management and heads the Cooperative New School for Urban Studies and Environmental Justice.
Henson doesn’t consider the term “redneck” a pejorative, and defines a
redneck simply as “a white working-class Southerner.” He has been
working for years to separate redneck culture from its neo-Confederate,
racist past and redefine it according to its working-class roots.
“The only culture that white people and upper-middle-class white people have is whiteness,” Henson explains. “To
fit in that class, you must strip yourself of everything else. What I
would like to do is show white working-class whites that the
neo-Confederate bullshit is a broken ideology. ... A lot of the activism
in anti-racism is all about white people giving up their privilege in
regards to white supremacy. I believe that will never work with
working-class whites. You have to find a way to show working folks that
anti-racism is within the self-interests of working-class white people.
And you have to do that with a culture.”
Henson is one of the
people trying to renew the legacy of the Young Patriots and build the
anti-racism redneck movement. He is one of the people trying to spread
the message and history of the Young Patriots Organization and its
connection to redneck culture.
The
original YPO was led by William “Preacherman” Fesperman and made up of
“hillbillies” from Chicago’s South Side. They saw the similarity in how
the Chicago machine treated blacks and how it treated poor whites.
Preacherman believed that solidarity was the only answer.
“Let racism become a disease,” he said
at the 1969 conference. “I’m talking to the white brothers and sisters
because I know what it’s done. I know what it’s done to me. I know what
it does to people every day. … It’s got to stop, and we’re doing it.”
Modeled after the Black Panther Party, the YPO adapted the Panthers’ ideas into its platform. It used an 11-point plan (pdf) similar to the Panther Party’s 10-point plan. It opened a free health clinic like the Panthers. The YPO, too, was raided by the “pigs” (pdf).
Today
the Young Patriots Organization is looking to build on the legacy
interrupted by the death of Fred Hampton. It embraces the term “redneck”
as a cultural term and wants to build a movement that fights racism the
same way as the Black Panthers it modeled itself after almost five
decades ago.
Hy Thurman, an original member of the YPO who is
looking to resurrect the organization, says: “Racism was a demon that
had to be driven out and slain if we were going to have unity with other
groups and to believe that all people have a right to
self-determination and freedom. … We had to change to make life
tolerable, and for life to have some sort of meaning.”
Henson,
Thurman and the YPO chapters across the country are using their history
with the Panthers to fight racism, class warfare and oppression on all
fronts, and they are rounding up unafraid rednecks willing to fight the
power structure in any way possible.
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