I agree with this, with maybe a â€œsmidgenâ€ more confidence than Fitch has with Obama (but not by much)
there are people who argue intelligently that the recent "Government bailout of Wall Street" was a capitulation to socialism. And the real reason that this happened was because we allowed the government to intrude into free markets forcing the banks and Wall Street to lend to poor people. Yet even Greenspan himself, the prima donna of free markets and Ayn Rand moral objectivism, declared he overestimated the ability of free markets and the banks to police themselves. He was shocked and horrified that the banks did this. And so, in the aftermath of Hardt and Negri, we must understand the government of the United States has no choice. They have to structure these vehicles to accommodate the carnivorous enslaving forces of capitalism, because to not do it would be catastrophic for the economy. The State is now the servant of the global capitalism and now every body must cooperate or die.
Obama too has little choice. It will be difficult to lead this country in the midst of this crisis without either sinking the US into all out depression or giving in to the interests and powers of corporate capital. This is why we truly must pray for the new president. For perhaps this will be the one good man who can become the instrument for a more just society. Yet I am convinced he can do so only by the power of God that supersedes his own or the US governments. Remember (I’m convinced) George W Bush was a good man at the outset as well.
Reclaiming the Mission :: The Weblog of David Fitch
It is certainly true that the global capitalistic system is a behemoth, as evidenced by the massive fallout being felt across the world.
Fitch goes on to say:
I fear the young emerging missional Christians have just shot their entire energy outtake for 2008-2009 into getting Obama elected. I fear we sit euphoric (if exhausted) as if to say we did it, its accomplished. And now the daily life engagements for Christ and his salvation/justice do not seem near as exciting. This is the danger of Barack Obama to the emerging/missional churches.