Conservative-Minded Conservatism

I was thinking about forms of socialism that are popularly supported among conservatives in particular social contexts and under certain conditions. The specific example that got me thinking was the public bank in North Dakota (see my previous post), a socialist institution in one of the most conservative states in the country.

In a comment to that previous post, I wrote:

The red states like the Upper Midwest are ‘conservative’ in the more normal dictionary-definition sense of the word. I’ve always thought that socialism, like communalism, with its emphasis on the group and on community is inherently ‘conservative’ in that it seeks to conserve the public good of group cohesion and community health.

They are also conservative in another sense in that they want socialist public good for those they identify with at the local level: their states, their cities, their communities. But they don’t want to participate in any socialism that might help anyone else they don’t identify with.

This interests me on a personal level in two ways. My parents are conservative and I’ve always sensed a certain kind of conservative tendency in myself.

Part of what appeals to me about American liberalism is its conservative-mindedness. That is the same thing that appeals to me about the Upper Midwestern conservatism as well. It is conservatism that means to conserve what is good and proven, useful and necessary. It is moderate in that it seeks to moderate against radical change, but doesn’t take a reactionary stance against reform. It emphasizes community and even communalism, emphasizes family and church, putting group interests first by promoting social responsibility and local autonomy.

North Dakota is one of the most conservative states in the country. It is precisely because they are so extremely conservative that they have a state owned and operated bank.

To mainstream thought in America, this appears incongruent to say the least. Anti-socialist conservatives and anti-conservative socialists would probably feel some cognitive dissonance when presented with what is either conservative-minded socialism or sociaist-minded conservatism, not that North Dakotans would use such labels to describe their public banking system.

Whatever you call it, mainstream thought tells us that such a thing shouldn’t be possible. Certainly, it shouldn’t be successful. But reality doesn’t always conform to our ideological expectations. It turns out such a thing is both possible and, at least in this instance, apparently quite successful.

The North Dakota public bank has been in operation for almost a century. The bank makes a profit and the profit is kept in the bank. They don’t get involved in risky banking schemes in the way other states do when they use private banks. North Dakota did well when the rest of the country experienced the recession caused by the banking scandals. The North Dakota bank required no bailout.

It turns out a socialist bank is a more fiscally responsible way of running a state, instead of investing public tax money in risky private banks. Being a fiscally responsible form of government, it is fiscally conservative. Allowing for state autonomy and self-responsibility, it is socially conservative as well. North Dakotans take care of their own financing and they take care of their own people. They are thus more independent of both big government and big banks.

What at first appears incongruent is in reality perfectly congruent. Some basic analysis of the facts at hand dispels the initial cognitive dissonance.

I’d like to see more of this kind of conservative-minded conservatism, with or without socialism.

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