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Ad-venture capital in American presidential politics

June 3, 2008 11:48 am

An Article by:

Ben Tanosborn

Like it or not, in agreement or in disfavor by the populace, our money politics has now entered the era of networking, multi-level-marketing and thorough ad-brainwashing.

Forget about democratic ideals, exalted social justice, or even the loftier proposition of brotherhood and world peace.  Forget about political party platforms that might spouse aspirations spirited with humanistic principles.  Remember, this is America, where the only beliefs held sacrosanct, beliefs which are expected to hold popular allegiance, are embodied in the duality of market economics and market politics.

Well, in truth, probably fewer than 10 percent of our citizens have a clue as to what a free market economy is, or should be; or that our existing economy is hardly guided by a free price system, much of it being expropriatory and corrupt.  However, that 90-plus percent of ignoranti in the art of economics are well aware of this nation’s unashamed commitment to market politics, accepting by default being governed by those with the purse strings.  Most everyone seems to be in conformity with the idea that “ours is the best government money can buy,” mocking ourselves to be proud and happy fools.

Money has influenced and often dictated, at least in our lifetime, how political elections are being conducted so as to optimize a candidate’s chances for election.  Our two-way stepladder politics has been for the most part a game played by the Knights of Capital, some siding with the Democrats, some siding with the Republicans, some straddling… placing their bets on both.

Now, since the McCain-Feingold campaign-finance law went into effect (2002), there is little option but for the candidates to invite small donors, up to $2,300 each this year, to come and fill their coffers.  The fund-raising, to be effective, needs to tap a new breed of “venture capitalists,” a group that might be considered the Squires of Capital, those who not only donate the allowed max, but who pledge to collect from other donors from 10 to 100 times that amount.  Networking is called… MLM of 2 or 3 levels, if you ask me!  Enter the most successful – in obtaining financing – presidential candidate of them all, Barack Obama, who in a true effortless mode can just rake in $50 million in a single month, 80 percent via the Internet, with zero personal effort and barely cracking a smile.

And the why of that success should not be a secret to someone in my shoes.

A business plan for a political candidate should be no different from a business plan for either a start-up business, or a mature one in need of venture capital… whether for expansion or for survival.  The functional areas in politics that need to be addressed may be different from those of a profit-making enterprise… but the purpose is identical: to obtain necessary funding to achieve a set of goals.  And, in my counseling capacity to businesses for decades, I have been an integral part of that business plan process.

And guess what, for all the logically and beautifully presented data assigning a high probability of success in the plan, and minimization of risk, it has been my experience that, in eight out of ten cases, whether dealing with banks or in private placements, the ultimate success was achieved because of the personal talent and the inspirational, or entrepreneurial, skills of the person in charge.  At the end of the day, it is a person that defines for a venture capitalist whether a company or a project is viable.  And so it is in politics.  Barack Obama was/is that inspirational leader this year… turning him into a quarter-of-a-billion, maybe a half-billion dollar man before the Democratic National Convention in August.

So more than the political funding concept, success has been Obama himself… and his message, of course.  Needless to say, Obama needs to pay attention to the pre-printed pages that are de rigueur in any and all business plans presented by US presidential candidates: solidarity with the aspirations of the brass at the Pentagon (empire); at least a friendly attitude towards big business; total adhesion to Israel’s government; and an anti-Castro (Fidel, Raúl or any government of ideological continuity) position on Cuba.

A good politician that Obama is, he is ahead of schedule, having made the rounds at the synagogues as well as addressing the now dwindling Cuban Mafiosi in Southern Florida.  Of course, the hawkish duet in the trio, Clinton and McCain, had already done so.  But then again, foreign policy issues are pre-written in each candidate’s business plan.

Does anyone really believe that this country will change via political evolution?  I, for one, have my doubts.  Our elections are but an adventure in advancing the possibility of minimal change, but never give us an opportunity to really choose change.

One tiny Step toward Web 2.0

July 12, 2006 3:31 pm
The emergence of Web 2.0 has often attracted a gluttony of negative commentary by people who do not entirely understand what Web 2.0 is and, subsequently, what it entails.  Now, there is some truth to the relationship between Web 2.0 and the quantum increases in bandwidth that are primarily being created through the investments of ISP’s.  However, the necessary increase in the distribution of bandwidth is only requisite for Web 2.0 and is not one of its defining characteristics. 
Furthermore, as long as Net Neutrality is maintained, we need not concern ourselves over the egalitarian distribution of bandwidth, because there will be provisions requiring providers to make bandwidth available according to pricing schemes that are affordable to a broad spectrum of American consumers.  This is not to say that more does not need to be done to improve accessibility of high-speed Internet connections for all segments of the population.  However, this does exclude arguments against Web 2.0 that rely upon futuristic hypotheses prognosticating the establishment of a stratified consumer market consisting of the haves and the have not’s. 
Web 2.0 is a paradigmatic shift in the way software development is conceived and practiced.  It involves a flattening of the traditional hierarchical structures comprised of the vendors who have the resources to dominate the market and smaller startups that hope to grow into profitable outfits.  Additionally, the traditional boundaries between manufacturers and consumers is blurred, since all parties involved in this new configuration of development and end-use possess the ability to assume different capacities in the relationships between and among identities within the market.  Although, this pains me a great deal to acknowledge this, but there is a semblance of truth to the conditions predicted in the Army of Davids.  Furthermore, new spaces of social knowledge production will be generated through the proliferation of Web-based servers that will facilitate collaborative, inclusionary knowledge-production. 
  To sum it all up under a description that can be considered the central crux of Web 2.0, Web-based applications that are primarily open-sourced, so to attract other developers to further enhance the functionality of the components belonging to the service and its Web-based applications, will become the norm for future software development.  This optimistic account of the social conditions to follow the unclosing of the Web 2.0 revolution should not be interpreted as an indication that there is no more fight to be waged against the powerful and the privileged.  Nevertheless, this does call for an approach to the advocacy for Electronic Democracy that embraces technological possibilities rather than simply implanting ourselves in the current landscape of the status quo, because we are too shortsighted to think of how things might be better, as opposed to investing all of our efforts in an attempt to ensure the continuation of the limited positive aspects, associated with what limited aspects belonging to the Internet that we currently enjoy. Russell Cole