What kind of society do we want

While catching up on e-mail, I read through Barack Obama's commencement address at Knox College in Galesburg, Illinois. Obama makes the important point that the economic individualist idea ignores what has made our country successful and stable. A very good excerpt here:

Like so much of the American story, once again, we face a choice. Once again, there are those who believe that there isn’t much we can do about this as a nation. That the best idea is to give everyone one big refund on their government—divvy it up by individual portions, in the form of tax breaks, hand it out, and encourage everyone to use their share to go buy their own health care, their own retirement plan, their own child care, their own education, and so on. In Washington, they call this the Ownership Society.

But in our past there has been another term for it—Social Darwinism—every man or woman for him or herself. It’s a tempting idea, because it doesn’t require much thought or ingenuity. It allows us to say that those whose health care or tuition may rise faster than they can afford—tough luck. It allows us to say to the Maytag workers who have lost their job—life isn’t fair. It let’s us say to the child who was born into poverty—pull yourself up by your bootstraps. And it is especially tempting because each of us believes we will always be the winner in life’s lottery, that we’re the one who will be the next Donald Trump, or at least we won’t be the chump who Donald Trump says: “You’re fired!”

But there is a problem. It won’t work. It ignores our history. It ignores the fact that it’s been government research and investment that made the railways possible and the internet possible. It’s been the creation of a massive middle class, through decent wages and benefits and public schools that allowed us all to prosper. Our economic dependence depended on individual initiative. It depended on a belief in the free market; but it has also depended on our sense of mutual regard for each other, the idea that everybody has a stake in the country, that we’re all in it together and everybody’s got a shot at opportunity. That’s what’s produced our unrivaled political stability.

And on social responsibility:

There is no community service requirement in the real world; no one is forcing you to care. You can take your diploma, walk off this stage, and go chasing after the big house, and the nice suits, and all the other things that our money culture says that you should want, that you should aspire to, that you can buy.

But I hope you don’t walk away from the challenge. Focusing your life solely on making a buck shows a certain poverty of ambition. It asks too little of yourself. You need to take up the challenges that we face as a nation and make them your own.