Friday, October 24, 2008
Karl Marx's guide to the end of capitalism: a primer
Stuart Jeffries The Guardian, Tuesday October 21 2008
Karl Marx (1818-1883), author of Das Kapital. Photo: Bettman/Corbis
Sales of Marx's Capital are reportedly soaring as the world realises that this was where he prophesied how capitalism will destroy itself. So it's time for a Capital primer, time to talk fetishism (yay!) of commodities (d'oh!).
1. Commodities. A chair is a commodity - not because you can sit on it, but because it was produced by humans to be traded. Each commodity has a use value, measured by its usefulness in satisfying needs and wants.
2. Exchange value. How, you'll be asking, can one measure the difference in value between, say, a 80GB iPod, and a new copy of Capital? It's the exchange value, stupid. This is measured by the amount of labour that goes into making each commodity - such is the Marxist labour theory of value, and the source of what Marx called the fetishism of commodities.
3. Literary value. As Francis Wheen stresses in his biography of Marx, Capital is partly a racy gothic novel, a Frankenstein-like tale of how we created a monster from which we are alienated and which, by means of class struggle, we will slay.
4. Capital. This is money used to buy more money. Like God, capital seems mystical and immutable, but is really only a function of social relationships (Rowan Williams, a Marx fan, disagrees with the God bit). Capitalists think capital has magical significance. Socialist revolution will disabuse them of that.
5. Exploitation. Commodity sales increase the amount of exchange-value owned by capitalists, yielding profit and thus helping them accumulate capital. How? You accumulate capital by the creation of surplus value, which is unpaid labour appropriated by employers.
6. Crises. Capitalists aren't especially interested in accumulating commodities (once you've got a hot tub for your Lear jet, it's hard to decide what else to spend it on) and the incessant drive to amass capital causes crises. The over-expansion of credit by greedy capitalists recently resulted in more goods being sold than can be bought from income and savings. The result? Widespread debts, straitened circumstances (think coarse toilet paper) and happy days for repo men (boo!).
7. Profit. This falls when capitalism exhausts its capacity for growth. Also, as technology improves and productivity rises, more goods are produced, which are worth less.
8. The end. Whether such crises will destroy capitalism is uncertain. Marx thought they would but he wasn't convincing about when. It will, though, end. Some time. Maybe before Christmas.
Thursday, October 16, 2008
Make way for the working class to have a say…
This enormous economic mess we are now experiencing, along with the heavy debt the bankers and the politicians of both major political parties have saddled us with, can be summed up very simply: The capitalists have taken all the profits and left the working class with all the problems.
There are only two sources of wealth: Labor and Mother Nature.
Anyone with an ounce of common sense understands that if you allow labor to be continually exploited and Mother Nature to be repeatedly abused and raped there will be severe consequences.
We are now reaping the consequences for allowing this parasitical monster of state-monopoly capitalism to have spun its web of corruption in the form of a cannibalistic military-financial-industrial complex which now threatens to consume and destroy our families, our communities, our State and our Nation while wreaking havoc in other lands.
Enough!
The time has come to put the needs of people before corporate profits.
There is only one alternative; for working people to come together to build a new society on the foundation created by the socialists of the Minnesota Farmer-Labor Party.
We need to fight and struggle to re-establish the liberal, democratic and progressive socialist traditions for which Minnesota is known around the world.
We have complex problems before us… but, any country which can spend trillions of dollars on wars to steal the oil of other nations, and trillions of dollars bailing out corporations and bankers looking for using socialism to solve the problems of their own creation as they have sought to prop up their rotten capitalist system--- which they have touted to the world as being the best--- at our expense… This Nation can now come up with the resources to use socialism to solve the problems for the rest of us, too.
What is good for the goose is, in this case, is even better for the gander.
Let Barack Obama and John McCain volunteer to go off exploring the caves of Afghanistan and Pakistan looking for Osama Bin Laden; we have better things to do.
Our first priority is to end these dirty wars for oil and redeploy those funds--- as we bring home the troops--- to creating a world class socialized health care system which will create millions of new jobs; five messes the money-grubbing Wall Street coupon clippers and their bought and paid for politicians created, all solved at the same time by ending these dirty imperialist wars for oil and regional domination--- we get health care not warfare, and we begin to solve the problem of unemployment--- and when we put people to work in this way we begin to create a new--- functioning--- people oriented, cooperative, socialist economy where democracy will flourish because it will require the full participation and involvement of all people working together in order to succeed.
Second, without further delay, we need to establish the State Bank of Minnesota to accomplish for our State what the State Bank of North Dakota was set up, by workers and farmers, to do--- fund enterprises to keep people working.
Third, we need a minimum wage which is a real living wage arrived at by the calculations of the United States Department of Labor and the Bureau of Labor Statistics in cooperation with the Minnesota Department of Employment and Economic Development--- based upon the real figures relating to the real cost of living and this minimum wage should be required by legislation to be updated quarterly right along with the release of all economic indicators to assure a quality life and decent standard of living for all working people and their families.
We have finally come to the point where even the parasitic bankers and the exploiting industrialists now concede that only socialism can bail them out of this horrible mess and solve their problems... capitalism has reached the end of the line and the only thing now to be had from the system is unending human misery.
At the point where society has to pay to clean up the corrupt mess these parasitic predatory lenders and financial institutions have created, this is the time to say:
Enough!
What tax-payers finance, tax-payers must own.
If Warren Buffett and Goldman Sachs do not like these terms, these greedy pigs should make the trip to their off-shore banks in the Cayman Islands and make withdrawals from their accounts to pay to solve their own problems.
The time has come to roll up our sleeves, come together, and get to work quickly before this entire rotten system collapses---like the I35-W Bridge--- and crushes us all while leaving our children and grandchildren with the clean-up and the bills.
I firmly believe working people can run our country and our state better than any of the big-business politicians being funded by the corporate lobbyists.
Effectively using the tools of public ownership and nationalization combined with modern, scientific planning for the common good, we can put people to work in decent jobs at real living wages... we hear it all the time just before Election Day: Jobs, Jobs, Jobs... but we never see the jobs, and if we do, these jobs are poverty wage jobs no one can live on.
I intend to run for Governor of Minnesota in 2010.
I invite all working people who think that it is possible to create something better than the mess we are now in, to come together and work from where socialist Governors Floyd B. Olson and Elmer A. Benson left off in trying to create a just and decent society where people live and work in harmony with Mother Nature, to join with me, in establishing the Minnesota Party to give the bankers, the mining, forestry and power generating industries along with the industrialists and big-agribusiness a real run for their money.
Let’s run these parasites that have been living off of our labor and destroying Mother Nature right out of our state. We can get along just fine--- even better--- without them.
Alan L. Maki
Director of Organizing,
Midwest Casino Workers Organizing Council
and
Candidate for Governor of Minnesota
Former member: Minnesota Democratic Farmer-Labor Party State Central Committee
There are only two sources of wealth: Labor and Mother Nature.
Anyone with an ounce of common sense understands that if you allow labor to be continually exploited and Mother Nature to be repeatedly abused and raped there will be severe consequences.
We are now reaping the consequences for allowing this parasitical monster of state-monopoly capitalism to have spun its web of corruption in the form of a cannibalistic military-financial-industrial complex which now threatens to consume and destroy our families, our communities, our State and our Nation while wreaking havoc in other lands.
Enough!
The time has come to put the needs of people before corporate profits.
There is only one alternative; for working people to come together to build a new society on the foundation created by the socialists of the Minnesota Farmer-Labor Party.
We need to fight and struggle to re-establish the liberal, democratic and progressive socialist traditions for which Minnesota is known around the world.
We have complex problems before us… but, any country which can spend trillions of dollars on wars to steal the oil of other nations, and trillions of dollars bailing out corporations and bankers looking for using socialism to solve the problems of their own creation as they have sought to prop up their rotten capitalist system--- which they have touted to the world as being the best--- at our expense… This Nation can now come up with the resources to use socialism to solve the problems for the rest of us, too.
What is good for the goose is, in this case, is even better for the gander.
Let Barack Obama and John McCain volunteer to go off exploring the caves of Afghanistan and Pakistan looking for Osama Bin Laden; we have better things to do.
Our first priority is to end these dirty wars for oil and redeploy those funds--- as we bring home the troops--- to creating a world class socialized health care system which will create millions of new jobs; five messes the money-grubbing Wall Street coupon clippers and their bought and paid for politicians created, all solved at the same time by ending these dirty imperialist wars for oil and regional domination--- we get health care not warfare, and we begin to solve the problem of unemployment--- and when we put people to work in this way we begin to create a new--- functioning--- people oriented, cooperative, socialist economy where democracy will flourish because it will require the full participation and involvement of all people working together in order to succeed.
Second, without further delay, we need to establish the State Bank of Minnesota to accomplish for our State what the State Bank of North Dakota was set up, by workers and farmers, to do--- fund enterprises to keep people working.
Third, we need a minimum wage which is a real living wage arrived at by the calculations of the United States Department of Labor and the Bureau of Labor Statistics in cooperation with the Minnesota Department of Employment and Economic Development--- based upon the real figures relating to the real cost of living and this minimum wage should be required by legislation to be updated quarterly right along with the release of all economic indicators to assure a quality life and decent standard of living for all working people and their families.
We have finally come to the point where even the parasitic bankers and the exploiting industrialists now concede that only socialism can bail them out of this horrible mess and solve their problems... capitalism has reached the end of the line and the only thing now to be had from the system is unending human misery.
At the point where society has to pay to clean up the corrupt mess these parasitic predatory lenders and financial institutions have created, this is the time to say:
Enough!
What tax-payers finance, tax-payers must own.
If Warren Buffett and Goldman Sachs do not like these terms, these greedy pigs should make the trip to their off-shore banks in the Cayman Islands and make withdrawals from their accounts to pay to solve their own problems.
The time has come to roll up our sleeves, come together, and get to work quickly before this entire rotten system collapses---like the I35-W Bridge--- and crushes us all while leaving our children and grandchildren with the clean-up and the bills.
I firmly believe working people can run our country and our state better than any of the big-business politicians being funded by the corporate lobbyists.
Effectively using the tools of public ownership and nationalization combined with modern, scientific planning for the common good, we can put people to work in decent jobs at real living wages... we hear it all the time just before Election Day: Jobs, Jobs, Jobs... but we never see the jobs, and if we do, these jobs are poverty wage jobs no one can live on.
I intend to run for Governor of Minnesota in 2010.
I invite all working people who think that it is possible to create something better than the mess we are now in, to come together and work from where socialist Governors Floyd B. Olson and Elmer A. Benson left off in trying to create a just and decent society where people live and work in harmony with Mother Nature, to join with me, in establishing the Minnesota Party to give the bankers, the mining, forestry and power generating industries along with the industrialists and big-agribusiness a real run for their money.
Let’s run these parasites that have been living off of our labor and destroying Mother Nature right out of our state. We can get along just fine--- even better--- without them.
Alan L. Maki
Director of Organizing,
Midwest Casino Workers Organizing Council
and
Candidate for Governor of Minnesota
Former member: Minnesota Democratic Farmer-Labor Party State Central Committee
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