Showing posts with label loc-foco. Show all posts
Showing posts with label loc-foco. Show all posts

Thursday, May 10, 2007

***IN THE TIME OF THE 'LOCO-FOCOS'- The Age Of Jackson

Click on the headline to link to a "Wikipedia" entry for the Loco-Focos.

BOOK REVIEW

THE AGE OF JACKSON, ARTHUR SCHLESINGER, Jr., LITTLE BROWN, 1953


The recently deceased bourgeois historian Arthur Schlesinger first won prominent for his landmark studies later collected and published under the title The Age of Jackson. Along the way he was also a top ‘braintruster’ for the Kennedy New Frontier and stalwart intellectual defender of the traditions of Franklin Roosevelt’s “New Deal” long after that had lost its cache in Democratic Party circles. Thus, Schlesinger was a long time political opponent of mine and of all militants who have called for a break from the twin bourgeois parties of capitalism, Democratic or Republican.

Nonetheless, his Age of Jackson is an important book to study as an overall guide to understanding the formation of American capitalism, particularly finance capitalism, as it emerged in the 1820’s and the rudiments of creation of a politically conscious working class movement. The Age of Jackson may not be the last place to stop, given the immense increase in scholarship concerning this period since Schlesinger’s book was written in the 1950’s, but it is certainly the place to start. His copious footnotes and source references will aid one in studying the available sources from fifty year ago.

The central story line of the Jacksonian period economically, socially and politically was the fight over the establishment, continuation and rechartering of the Bank of the United States which despite its name was a privately owned corporation headed by the notorious Nicholas Biddle. In short the story was, as almost always under capitalism, about the money. Hard money, paper money, metallic money, federal money, state money, no money. It is all there. As confusing and, frankly, somewhat trivial as the issues may seem to the 21st century mind the various fights determined the path of capitalist formation for the rest of the 19th century. One does not have to be a partisan of any particular monetary policy to know that if the Biddle-led forces had won then capital formation in the United States would have taken a very different turn. Thus, the essential Jacksonian victory on the bank question is one that militants today can give a retroactive endorsement.

While this book does not go into the slavery question in any great detail or into the cultural and social milieu of the times except tangentially this Jacksonian victory is why, in a previous review on William Jennings Bryan, I noted that the last time militant leftists could seriously consider supporting a Democratic Party presidential candidate was in the time of Andrew Jackson. Just to list later presidential names and their political programs should make every progressive shutter. I also, however, noted in that review - "But damn, that was long ago". The continued dependence political support of the Democrats by the likes of Schlesinger and his progeny has politics in this country spinning in circles. It is time, more than time, to move on.

Although control of the money was the underlying premise for the political fights of the day they also represented some very different appreciations of what American society should look like. Schlesinger goes to great pains to highlight the various factions within each of the coalescing parties that would come to form the Democratic and Republican two-party system that we are familiar with today. Moreover, these fights had different implications for differing sections of the country. In that regard the names Daniel Webster, John C. Calhoun and Henry Clay and their various congressional devotees can generally stand to represent the various sectional interests.

One might also note that names that became familiar in the immediate pre-Civil War period, like Abraham Lincoln, James Buchanan, John Bell, Gideon Welles, William Seward, etc. started to receive political notice as secondary figures during this period. One should also note that this was a period of political realignment and that the political situation was fluid enough that with changing political winds the various leading personalities were as likely to change sides as not. Readers should pick up the trail that Schlesinger only alludes to on the importance on the third party Liberty and Free Soil Parties in the 1840's. Despite that lapse dealing with the various political manifestations of the period is the strongest part of the professor’s book.


Of particular importance to those who want to learn about working class history in this country and are baffled by the lack of political class consciousness of today’s working class, as represented by an independent class party, is the story of the rise and fall of the first trade unions and working class parties. Although this is a period of the rise of industrial capitalism in America it is nevertheless still fairly rudimentary and agrarian concerns still dominate the political landscape. This is reflected in the programs, concerns and the organizations that various parts of the working class formed at this time mainly, it appears, among the more skilled workers. One should note that on a political level, although not uniformly, the American working class of the 1830’s was more politically class conscious than today’s working class. Which pretty well defines our problem today.

One should also note the tendency of working class organization to block with other forces, mainly urban Democratic Party Jacksonians. Today such a policy is called the ‘popular front’ and is the sole strategy of the American labor bureaucracy (the only question seemingly being which bourgeois faction to block with). Militants today, as a matter of principle, are opposed to that strategy. However, back in the 1830’s there were issues on which working class organizations could have, and should have, blocked with bourgeois parties. That, unfortunately, would not have saved them from oblivion as it was just too early, the forces were too small and unorganized and too politically immature to break out of the general Jacksonian democratic aura.