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en:crisis-and-communisation [2011/09/25 19:03]
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 The class struggle between capital and the proletariat takes place all the time and forms the whole of our existence. In most cases it takes relatively peaceful forms, but throughout history it has given rise to numerous revolutionary movements which have threatened the existence of the mode of production. These movements have always originated in a refusal of unendurable proletarian living conditions, but it is not simply that an 'excessive' exploitation regularly calls capitalism into question. Often it is rather a 'too lenient' treatment of the working class which is the immediate cause behind social unrest. We can take Greece as an example, where the very poor finances of the State (caused, according to the bourgeoisie’s representatives, by too generous conditions for many groups of workers) in the end had to be remedied by the blood-letting of the working class. Exploitation and surplus value production are two terms for the same thing, and since the capital relation lives from producing surplus value, i.e. from exploiting workers, the class contradiction necessarily belongs to its most inner essence. Never can it escape from this contradiction, no matter how much the mode of production manages to mutate. Therefore, the threat that this relation will explode from the inside lurks behind every serious crisis. The class struggle between capital and the proletariat takes place all the time and forms the whole of our existence. In most cases it takes relatively peaceful forms, but throughout history it has given rise to numerous revolutionary movements which have threatened the existence of the mode of production. These movements have always originated in a refusal of unendurable proletarian living conditions, but it is not simply that an 'excessive' exploitation regularly calls capitalism into question. Often it is rather a 'too lenient' treatment of the working class which is the immediate cause behind social unrest. We can take Greece as an example, where the very poor finances of the State (caused, according to the bourgeoisie’s representatives, by too generous conditions for many groups of workers) in the end had to be remedied by the blood-letting of the working class. Exploitation and surplus value production are two terms for the same thing, and since the capital relation lives from producing surplus value, i.e. from exploiting workers, the class contradiction necessarily belongs to its most inner essence. Never can it escape from this contradiction, no matter how much the mode of production manages to mutate. Therefore, the threat that this relation will explode from the inside lurks behind every serious crisis.
  
-Serious crises, such as the one we have been experiencing since 2008, break out in situations where the capitalist class fails to guarantee sufficiently high surplus value production under bearable conditions for the producers of this surplus value (that which in bourgeois jargon is called combining growth with social considerations). The most abstract definition of a crisis for the capitalist mode of production is that its reproduction is being threatened, that is to say the continued reproduction of the antagonist classes. It is on the concrete level, however, that we can see the crisis develop before our eyes: banks and companies that are threatened with bankruptcy and workers who are losing their jobs, are evicted from their homes, or are subjected to wage cuts, reduced pensions, poorer healthcare and so on. When single capitals or groups of proletarians get into straits, the State can intervene in order to ward off an emergency, by bailing out companies or handing out a little extra money to the municipalities and thereby maintaining a certain level of service. But there are never any miracle cures. In such instances, the State indebts itself, and sooner or later the budget has to be balanced, which means that in the end it is the proletariat which has to pay for it. The only mercy that the capitalist class can offer the proletarians of a country in crisis is some form of installment plan (a mortgage on future exploitation), or they can let the proletarians of another country pay a part of the bill. An example of the former is how Iceland was instructed to compensate Britain and the Netherlands for their losses connected with the collapse of Icesave: 2.8 billion euros plus interest over a period of thirty years. An example of the latter is the Swedish government’s vigorous pressure within the EU and the IMF in 2009 in order to prevent a devaluation of the Latvian currency, which would have been devastating for the Swedish banks that had lent out enormous sums to the Baltic countries. The latters’ brutal austerity packages were probably completely necessary in order to save the Swedish banking system from collapse, something which explains the extremely tough demands by Sweden and the EU.((Only after the height of the storm had passed did the Swedish finance minister dare to speak directly: 'This I have never said so clearly before, but the truth is that Sweden was in very, very big trouble in 2009, virtually over the edge– Anders Borg, January 19, 2011.)) Acute measures such as emergency loans for the auto industry or nationalisations of mortgage companies do not, however, solve the underlying problem behind the crisis, which is a crisis of investment or rather a crisis of accumulation, i.e. a crisis of exploitation.((Cf. Screamin’ Alice, '[[http://endnotes.org.uk/articles/15|The breakdown of a relationship? Reflections on the crisis]]', October 2008.)) Order insists that exploitation be deepened.+Serious crises, such as the one we have been experiencing since 2008, break out in situations where the capitalist class fails to guarantee sufficiently high surplus value production under bearable conditions for the producers of this surplus value (that which in bourgeois jargon is called combining growth with social considerations). The most abstract definition of a crisis for the capitalist mode of production is that its reproduction is being threatened, that is to say the continued reproduction of the antagonist classes. It is on the concrete level, however, that we can see the crisis develop before our eyes: banks and companies that are threatened with bankruptcy and workers who are losing their jobs, are evicted from their homes, or are subjected to wage cuts, reduced pensions, poorer healthcare and so on. When single capitals or groups of proletarians get into straits, the State can intervene in order to ward off an emergency, by bailing out companies or handing out a little extra money to the municipalities and thereby maintaining a certain level of service. But there are never any miracle cures. In such instances, the State indebts itself, and sooner or later the budget has to be balanced, which means that in the end it is the proletariat which has to pay for it. The only mercy that the capitalist class can offer the proletarians of a country in crisis is some form of installment plan (a mortgage on future exploitation), or they can let the proletarians of another country pay a part of the bill. An example of the former is how Iceland was instructed to compensate Britain and the Netherlands for their losses connected with the collapse of Icesave: 2.8 billion euros plus interest over a period of thirty years. An example of the latter is the Swedish government’s vigorous pressure within the EU and the IMF in 2009 in order to prevent a devaluation of the Latvian currency, which would have been devastating for the Swedish banks that had lent out enormous sums to the Baltic countries. The latters’ brutal austerity packages were probably completely necessary in order to save the Swedish banking system from collapse, something which explains the extremely tough demands by Sweden and the EU.((Only after the height of the storm had passed did the Swedish finance minister dare to speak directly: This I have never said so clearly before, but the truth is that Sweden was in very, very big trouble in 2009, virtually over the edge’ – Anders Borg, January 19, 2011.)) Acute measures such as emergency loans for the auto industry or nationalisations of mortgage companies do not, however, solve the underlying problem behind the crisis, which is a crisis of investment or rather a crisis of accumulation, i.e. a crisis of exploitation.((Cf. Screamin’ Alice, [[http://endnotes.org.uk/articles/15|The breakdown of a relationship? Reflections on the crisis]], October 2008.)) Order insists that exploitation be deepened.
  
 In the autumn of 2008 we witnessed how the capitalist states coordinated themselves on a world scale (from Washington to Beijing, from Frankfurt to Stockholm) in order to confront the financial crisis, but still they are far from mastering the situation. We’ve gone from a situation where the banks were at the brink of bankruptcy to one in which whole countries are threatened by insolvency. The public debt crisis is not over yet and if the situation worsens – for instance as a result of renewed struggles in Spain or in other deeply indebted countries, or as a consequence of higher oil prices – this could very well produce a domino effect like the one that the banks were facing in the autumn of 2008 and the beginning of 2009. The international community is already holding a number of countries above water (Iceland, Latvia, Greece, Hungary, Ukraine, Ireland…) and the question is how many more it is able to hold up. In the autumn of 2008 we witnessed how the capitalist states coordinated themselves on a world scale (from Washington to Beijing, from Frankfurt to Stockholm) in order to confront the financial crisis, but still they are far from mastering the situation. We’ve gone from a situation where the banks were at the brink of bankruptcy to one in which whole countries are threatened by insolvency. The public debt crisis is not over yet and if the situation worsens – for instance as a result of renewed struggles in Spain or in other deeply indebted countries, or as a consequence of higher oil prices – this could very well produce a domino effect like the one that the banks were facing in the autumn of 2008 and the beginning of 2009. The international community is already holding a number of countries above water (Iceland, Latvia, Greece, Hungary, Ukraine, Ireland…) and the question is how many more it is able to hold up.