Capitalism

The Sickness Of The American Left And The Path To Recovery

September 16, 2022 Danny Haiphong, Black Agenda Report. Educate! Capitalism, Electoral Politics, Revolutionary Discipline, The Left

The U.S. has entered a dark period. Economic crisis wracks its capitalist system. Military instability and chaos reign supreme over its imperialist ventures. Political illegitimacy worsens by the year, at times by the month. These conditions sound favorable to the growth of revolutionary possibilities within the citadel of imperialism. But such is not the case at the moment. Discipline and organization are at perhaps their weakest point in generations. Young people are moving toward socialist politics. However, a similar number of people have embraced the politics of a U.S.-led New Cold War against Russia and China which seek to destroy any alternative to imperialism. Little clarity has been developed on the question of what socialism would look like in the United States, an obvious indication that a century of Red Scare politics has made a decisive impact on the political direction of the so-called Left.

Life Expectancy And Human Development In The 21st Century

September 14, 2022 Michael Roberts, Left Voice. Educate! Capitalism, COVID-19, Health Care, Life Expectancy

Life expectancy is one of the best measures of human development. In hunter-gather societies, on average, about 57-67% of children made it to 15 years. Then 79% of those 15 year-olds made it to 45 years. Finally, those remaining at 45 years could expect to reach around 65-70 years. So we can see that life expectancy at birth in these societies was very low, given high child mortality. But some 40% did make it to about 65 years on average. It seems to have been worse in the class-based feudal and slave societies. The average medieval life expectancy for a peasant was only a mere 35 years of age at birth, but it was closer to 50 years on average for those who made it beyond 15 years. You can see that measuring life expectancy at birth is not a perfect guide to how long humans did live in pre-capitalist societies. Nevertheless, there is no doubt that life expectancy on average rose sharply once science came to bear on hygiene, sewage, knowledge of the human body, better nutrition etc.

Capitalism Created The Climate Catastrophe

September 2, 2022 Vijay Prashad, Tricontinental: Institute for Social Research. Educate! Capitalism, climate crisis, Environment

In November 2022, most member states of the United Nations (UN) will gather in the Egyptian resort city of Sharm El Sheikh for the annual UN Climate Change Conference. This is the 27th conference of the parties to assess the UN Framework Convention on Climate Change, commonly referred to as COP 27. The international environmental treaty was established in Rio de Janeiro in 1992, with the first conference held in Berlin in 1995; the agreements were extended in the Kyoto Protocol of 2005 and supplemented by the Paris Agreement of 2015. No more needs to be said of the climate catastrophe, which threatens mass species extinction.

Malaysia’s Ex PM Explains Imperialism’s Roots In Capitalism

August 30, 2022 Ben Norton, Multipolarista. Resistance Report Capitalism, China, Imperialism, Mahathir Mohamad, Malaysia, Neoliberalism, Taiwan, US Imperialism

Malaysia’s longest-serving Prime Minister Mahathir Mohamad warned that the US is trying to start a war with China over Taiwan. He also explained how imperialism is rooted in capitalism and detailed its economic exploitation of the Global South. It’s quite obvious that when the Eastern bloc was still there, it was a bustle between capitalism and communism. Once communism was defeated, then capitalism could expand and show its true self. It’s no longer constrained by the need to be nice, so that people will choose their so-called free-market system as opposed to the centrally planned system. So because of that, nowadays there is nothing to restrain capital, and capital is demanding that it should be able to go anywhere and do whatever it likes.

Indian Workers Defend Their Steel With Their Lives

August 26, 2022 Tricontinental: Institute for Social Research. Resist! Capitalism, India, Steel, Worker Rights and Jobs

The virus of deindustrialisation that beset North America and Europe in the 1970s created a field of scholarly literature on post-work and post-industrial society. These writings led to the curious assumption that the digital economy would be the primary motor of capital accumulation; there was marginal interest in the fact that even the digital economy needed infrastructure, including satellites and undersea cables as well as plants to generate electricity and gadgets to link to the digital highways. This digital economy is grounded in a range of metals and minerals – from copper to lithium. Old steel, tempered in large factories, however, continues to be the foundation of our society. This steel – a thousand times stronger than iron – is as ubiquitous in our world as plastic.

The Economy Should Serve People – Not Vice Versa

August 23, 2022 Hamilton Nolan, In These Times. Educate! Capitalism, Finance and the Economy, wealth inequality

The economy’s job is to work for people. It is not the job of people to sacrifice themselves on the altar of the economy. The subconscious feeling drummed into all of us that we should feel some sense of collective pride for being ground into dust in service of economic growth is a sick bit of indoctrination that is stubbornly hard to escape. The simple step of asking what the economy is doing for us — rather than what our lives are contributing to the economy — can go a long way toward reframing how we all think about this. They say that behind every fortune is a crime; likewise, behind every mainstream economic analysis is a set of poisonous assumptions that exist to tranquilize us. Consider the problem of inflation. It’s rising around the world. The growing consensus in the financial world is that the era of low inflation is gone for good, because the era of globalization that enabled it is coming to an end.

Class Struggle Or Degrowth?

August 17, 2022 Gray Maddrey, Resilience. Strategize! Capitalism, Class Struggle, Degrowth

In his recent book, Climate Change as Class War, Matthew Huber argues that the ecological crisis is primarily caused by the capitalist mode of production, especially the preponderant deployment of fossil capital, ‘the forms of capital that generate profit through emissions’. For many on the anti-capitalist left, this is a conclusion that hardly bears repeating. Nevertheless, Huber is right to centre the claim. Ecological collapse is accelerating and requires immediate action. While the global average of emissions must reach zero by 2050 to stay within 1.5–2 °C heating, in order to do this at pace, the parts of the world most responsible for emissions must reach net zero by 2030. But not only are we failing to make progress toward these goals, emissions continue to rise with no end in sight. Huber puts it bluntly: ‘We’re still losing.’

Fighting For Healthcare Means Fighting For Socialism

August 6, 2022 Mike Pappas, Left Voice. Resist! Capitalism, Democrats, Health Care, Medicare for all

On July 30 activists marched and rallied in Washington, DC, calling for a more humane healthcare system. Physician and Left Voice member Mike Pappas spoke at the rally about how capitalism and health aren’t compatible. Below is the text from his speech. Hi, everyone. My name is Mike, and I’m a healthcare worker in New York City. I work at the nation’s first overdose-prevention center and at a psychedelic-medicine clinic. Before this, I worked in both a federally qualified health center and a hospital in New York. I’m also a member of Left Voice, a revolutionary socialist group with a publication that is part of an international network of news sites. To start out — and this should be no surprise to anyone — but just in case, I’m going to be really blunt and make things real clear: our healthcare system is a piece of shit that doesn’t remotely foster health or well-being.

Rebuilding Collective Intelligence

July 31, 2022 David Ridley, Red Pepper. Create! Capitalism, Education, Finance and the Economy, Socialism

Economists, think tanks and journalists have spent billions of words trying to convince everyone that economic growth comes primarily from technological ‘disruption’ and investment by individuals in their own education and training, rather than from exploitation, imperialism and financial speculation. This belief, a key tenet of neoliberalism, continues to shape education policy in England. The Tories hope that by turning education into a market, young people will begin to think of themselves as education consumers, making savvy choices about what degrees will get them the best paid jobs in the future. Meanwhile, universities will supposedly ‘incubate’ new technologies, create the UK’s own Google, Apple or Facebook and kickstart the ailing British economy.

Moby Dick And The Soul Of American Capitalism

July 30, 2022 Chris Hedges, The Real News Network. Resistance Report Capitalism, History, Literature, US Imperialism

Moby Dick, by Herman Melville, is among America’s greatest novels. It is a prescient portrait of the American character and our ultimate fate as a nation and perhaps a species. Melville makes our murderous obsessions, our hubris, violent impulses, moral weakness, and inevitable self-destruction visible in his chronicle of a whaling voyage. Melville’s description of the ship’s captain, Ahab, is a description of the bankers, corporate boards, politicians, television personalities, and generals who through the power of propaganda fill our heads with seductive images of glory and lust for wealth and power. We are consumed with self-induced obsessions that spur us toward self-annihilation. Melville is our foremost oracle. He is to us what William Shakespeare was to Elizabethan England, or Fyodor Dostoyevsky to czarist Russia.

Intersecting Movements For Housing Justice And Prison Abolition

July 27, 2022 Kamau Walton and Molly Porzig, Critical Resistance. Organize! Capitalism, Criminal Justice and Prisons, Housing, Prison abolition

Right to the City Alliance (RTTC) is a national alliance made up of over 90 member organizations on local, state, and regional levels organizing around housing and land. Our work includes renters’ rights, building alternatives such as community land trusts, and policy work like the opportunity for tenants to purchase buildings before small landlords sell them to bigger corporate landlords. RTTC connects members doing aligned work across the country to share strategies, best practices, and ways of scaling up strategies to expand impact beyond local contexts. Member organizations work on a range of social change issues, and the alliance is guided by values and principles that stand against state violence and policing. While RTTC is not explicitly focused on housing, our housing work is situated under the Homes for All campaign, where organizing for renters’ rights and community loan funds takes place.

Ghost Stories Of Capitalism: Watching The Shutters Of Austerity Close

July 17, 2022 Danny Haiphong, The Chronicles of Haiphong. Educate! Austerity, Capitalism, Class Struggle, Neoliberalism

By the end of the 1970s,U.S. capitalism entered its neoliberal phase where austerity and privatization reigned supreme. Federal agencies such as the Department of Housing and Urban Development (HUD) were reduced to near non-existence. Welfare was eradicated all together in 1996 and tens of thousands of public housing units were demolished or privatized under the Bill Clinton administration. CAP agencies either shut their doors permanently or offered only the services that were supported by a mixture of private philanthropy and meagre government subsidy. It was out of this environment that Tri-CAP formed to address the growing problem of extreme poverty, addiction, and homelessness in the cities of Everett, Malden, and Medford. By the time I arrived as a caseworker in the fall of 2013, Tri-CAP had already experienced years of shrinking state and federal funds

US-Led Imperialism Is The World’s Leading Purveyor Of Chaos

July 14, 2022 Danny Haiphong, Black Agenda Report. Educate! Capitalism, Destabilization, US Imperialism

To say that the West, currently led by the dictates of U.S. imperialism, is in trouble would be an understatement. U.K. Prime Minister Boris Johnson resigned on July 7th amid an escalating political crisis of legitimacy . Three weeks before Johnson announced his departure, Emmanuel Macron’s so-called centrist alliance lost its parliamentary majority in France. U.S. President Joe Biden continues to face his own crisis of legitimacy in the form of declining favorability ratings and public humiliation from Democratic loyalists such as Debra Messing . For the West, political crisis is undergirded by an unprecedented level of system chaos which has given the vast majority of workers and oppressed people little confidence in the future. That chaos was compounded by the murder of Japan’s former Prime Minister, Shinzo Abe on July 7th.

Visualizing The Economic Veins That Fuel Our Carceral Reality

July 13, 2022 The Mapping Project, Black Agenda Report. Strategize! Capitalism, Criminal Justice and Prisons, Prisoner rights, Private Prisons

The contemporary US prison system incarcerates people — largely Black, Native, Latinx, disabled, and working-class and poor folks — and hides them from society for years, decades, or lifetimes. This is true across the United States generally and in Massachusetts, specifically. These days, when discussing the case against incarceration and the prison system, there are a few different arguments one tends to hear: (1) the first is that incarceration is immoral and reprehensible in both its conditions and treatment of incarcerated people; (2) a second, appealing to economists and technocratic policymakers, argues that prisons are a drain on taxpayer dollars and the money wasted there would be better spent on social services and alternatives; (3) another argument that centers racialization is that the prison system is a direct continuation of chattel slavey, chain gangs, and Jim Crow forced labor; (4) a final common refrain is that degenerate investors in private prisons and detention centers, as well as other perpetrators of gross injustice live off of turning prison labor into private profit.

In Chile, We Have The Opportunity To Build An Economy To Overcome Fear

July 12, 2022 Gabriela Cabaña, Post Growth Perspectives. Create! Capitalism, Chile, Constitution, Transformation

Following the election of a progressive government in Chile earlier this year, the country has been debating a new constitution written under revolutionary conditions: by a convention with gender equality, representation of Indigenous peoples, and with many members from environmental justice movements. As the draft is finalized ahead of a referendum in September, social media across the country has been awash with ‘explainer’ posts and videos in favor of the new texts — and debunking misinformation telling people that their pensions will be expropriated, for example. Most of the pro-constitution posts boil down to a single line: no one is going to take your home away from you. The presence of such worries among the population can tell us a lot about political and economic change: When the time comes to transform revolutionary aspirations into legal infrastructure, we are touched at our core fears: what do we, the people of Chile, have to lose in this process of transformation?

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