mr grieves said:
A market inefficiency is a specific thing.
Yeah, which, as I said does not apply here in either a literal or figurative sense. An electorate is not a market. Not literally or figuratively. I don't believe for a second that you intended it in the figurative sense but it doesn't work there either. There is not a void of people pushing the things that people claim to really like, those people just did worse than Hillary.
mr grieves said:
Finance and physics and foreign policy have also been discredited by colossal disasters of the Wall St crash, the A-bomb, and Vietnam & Iraq & just about every American foreign policy intervention of the last 60 years.
"Finance" is not economics and the A-Bomb didn't discredit the concept of physics.
mr grieves said:
There were, of course, economists who saw the crash coming, physicists who saw the dangers of the bomb, diplomats who saw the idiocy of the America's hawkish overseas adventures, and political operatives and observers who saw the Clinton campaign had a pretty dull sense of what the electorate would respond to. What's distressing is that those members of these professions who "got it right" aren't promoted, even if the face of the spectacular failures of the mainstream common sense in these fields.
That's not really true. How much more of a platform do you think Paul Krugman should have? How many Nobel Prizes should he win?
Nik the Trik said:
Which led you to be wrong about the outcome of this election in exactly the same way similarly educated and experienced professionals were wrong.
With all due respect, that's complete and total nonsense. My education and years of work in public policy really didn't come into play when handicapping the American election. In thinking Hillary would win I was doing so as a layperson putting their faith in the data nerds who'd had a pretty good track record in recent years. If nothing else, Trump's victory has left me with a healthy distrust for people who have claimed to crack complex problems with the use of arcane and tedious statistical analysis.
Nik the Trik said:
So, what assumptions about how politics work have you reconsidered given the political upheavals of the last few years? What in the conventional wisdom of your profession ought to be revised, given the reality it just ran into?
I'm not entirely sure what you think people study in political science, public administration or PPE programs but nothing about Trump's victory shattered any long held assumptions people made about the political process. The "reality" that emerged was that poll aggregation isn't quite rocket science and that crazy, unexpected things can happen in campaigns.
But to speak up for the data folk for a second, some of them were very wrong but someone like Nate Silver gave Trump a 30% chance of winning. Trump won. Does that mean Silver was wrong? What's the line there? If I say something has a 1 in 20 or 1 in 50 chance of happening and it happens were the odds wrong?
I was overconfident, sure, but the guy who wins the lottery isn't an investment genius.
mr grieves said:
If your explanation for how your political program will improve someone's life takes the form of macroeconomics, you're doing it wrong. "Make America Great Again" and "We're gonna dig more coal" could've been met with "you're going to have a living wage" and "no more insurance companies impoverishing you."
Like I said, it requires a basic understanding of the subject so that it doesn't just devolve into two people squawking back and forth competing soundbites at each other.
Effective communication of progressive healthcare and economic policy is more than shouting "FREE MONEY!" to a public that claims to hate socialism if they can get around to spelling it correctly.
mr grieves said:
Finally, one more article making clear the connection between Trump's election and the failure of the American center-left:
Well, no. It's just another opinion piece.
I can't make the case that the Clinton campaign didn't screw things up or that they didn't have communication problems or messaging problems. They did. But that failure is not "Stop talking about the things that are the actual deciding factors in why people vote the way they do".
Obama was a good communicator, Clinton a bad one. But they didn't talk about wildly different subject matter. The election was a reflection of that.
mr grieves said:
So we're both agreed that our political institutions are failing to meet the dominant social question of the day.
Well, I guess that depends on what you mean by "our" institutions. I agree that the Globalist-Corporatist Centre-Left movement of the Bill Clinton, Chretien-Martin and Blair-Brown governments largely failed to meet that question and their ideology has largely been exposed as one that is an unpalatable Neoliberal-Lite.
But let's get a bit of a grip on ourselves in terms of what this one election means broadly. Did Hillary Clinton lose the election? Yup. Have people somewhat erroneously tied that into the far more complicated question of the EU referendum in the UK to present a picture of a world where that ideology is being roundly rejected by the common folk? Well, you sure seem to be.
But the facts are far more nuanced than that. Trudeau won a huge victory here largely under that banner. Macron just won a pretty sizable victory in France under the same. Merkel's still in power. Spain and Italy have swung Left. The idea that the far Right would sweep across Europe fizzled out. Heck, even Austria stuck Centre-Left and if you can't make fascism work there you may as well goose-step home.
And in some of those still Centre-Left countries that issue is being addressed. Policies like a UBI are being openly weighed in places like Canada, Sweden and Switzerland(although, again, it tends to not be popular). It's not like the question's being ignored it's just that it's a question without an easy policy answer and the best ones we have aren't very popular and I've always been in the camp of thinking smart policy in the hands of an unelectable government isn't much use.
Would I like to see a hard turn Left by the Democratic party? Sure. But Obama didn't win his huge victories because he was much further to the Left than Clinton. The platform that came out of the Democratic Convention this year was further to the Left than anything Obama put his name behind.
There aren't policy answers for what happened to Clinton this year. If you think that a hard left turn is a cure-all, feel free to look at how Jeremy Corbyn and the Labour party are doing in the UK and get back to me.