Review of the Month
The African National Congress (ANC), led during the 1990s by the late Nelson Mandela, is projected to be reelected in South Africa’s May 7, 2014 national election by a wide margin, probably with between 50 and 60 percent of the vote. But underneath the ruling party’s apparent popularity, the society is seething with fury, partly at the mismanagement of vast mineral wealth. The political and economic rulers’ increasingly venal policies and practices are so bad that not only did ANC elites play a direct role in massacring striking mineworkers in August 2012, but corporate South Africa was soon rated by PriceWaterhouseCoopers as “world leader in money-laundering, bribery and corruption, procurement fraud, asset misappropriation and cybercrime,” with internal management responsible for more than three quarters of what was termed “mind-boggling” levels of theft. | more…
Everyone understands that it is impossible to achieve the vision of socialism for the twenty-first century in one giant leap forward. It is not simply a matter of changing property ownership. This is the easiest part of building the new world. Far more difficult is changing productive relations, social relations in general, and attitudes and ideas.… To transform existing relations into the new productive relations, we need first of all to understand the nature of the existing relations. Only then can you identify the mechanisms by which the new relations can be introduced. At this time, there is a great variety of experiments and approaches to changing productive relations which are being pursued. There is no attempt to set out specific proposals here but only to provide the framework in which such changes should be explored in order to move toward socialist productive relations. | more…
Toward a Post-Capitalist Democracy
The contemporary media reform movement exploded into prominence in the United States in 2003 as a response to the effort by the Bush Federal Communications Commission (FCC) to weaken media ownership regulations.… The size and success of this popular uprising was…a testament to the power of activism to thwart the plans of the powerful in seemingly hopeless conditions.… The Obama campaign in 2007 and 2008 expressed interest in media reform and worked closely with members of the movement…. Except for Obama’s speech against the Iraq War invasion, it was arguably his communication platform that most distinguished him as a progressive in the 2008 presidential primaries.… One can debate whether this was an appropriate strategic shift at the time but there can be no debate that the strategy failed. The Obama administration abandoned its platform almost immediately, and repudiated the movement. | more…
Modern capitalism, sociologist Max Weber famously observed early in the twentieth century, is based on “the rational capitalistic organization of (formally) free labor.” But the “rationality” of the system in this sphere, as Weber was to acknowledge elsewhere, was so restrictive as to be in reality “irrational.” Despite its formal freedom, labor under capitalism was substantively unfree.… This was in accordance with the argument advanced in Karl Marx’s Capital. Since the vast majority of individuals in the capitalist system are divorced from the means of production they have no other way to survive but to sell their labor power to those who own these means, that is, the capitalist class.… The result is a strong tendency to the polarization of income and wealth in society. The more the social productivity of labor grows the more it serves to promote the wealth and power of private capital, while at the same time increasing the relative poverty and economic dependency of the workers. | more…
The rediscovery over the last decade and a half of Marx’s theory of metabolic rift has come to be seen by many on the left as offering a powerful critique of the relation between nature and contemporary capitalist society. The result has been the development of a more unified ecological world view transcending the divisions between natural and social science, and allowing us to perceive the concrete ways in which the contradictions of capital accumulation are generating ecological crises and catastrophes.… Yet, this recovery of Marx’s ecological argument has given rise to further questions and criticisms. | more…
Accumulation by Agricultural Dispossession
Land grabs—whether initiated by multinational corporations and private investment firms emanating from the capitalist core, sovereign wealth funds in the Middle East, or state entities such as China and India—are now in the news constantly. For example, in July 2013 the Colombian ambassador to the United States resigned over his participation in a legally questionable effort to help the U.S. corporation Cargill use shell companies to amass 130,000 acres of land. This land was supposed to be used for agricultural production, but there is also land being grabbed for other purposes—such as mining or to construct roads, buildings, and dams. In human terms, land grabs mean real people and families are dispossessed. When people lose access to their land, they also lose their means to obtain food, their communities, and their cultures. | more…
It is an indication of the sheer enormity of the historical challenge confronting humanity in our time that the worst economic crisis since the Great Depression, sometimes now called the Second Great Depression, is overshadowed by the larger threat of planetary catastrophe, raising the question of the long-term survival of innumerable species—including our own. An urgent necessity for the world today is therefore to develop an understanding of the interconnections between the deepening impasse of the capitalist economy and the rapidly accelerating ecological threat—itself a by-product of capitalist development. | more…
Only a few years ago governments, corporations, and energy analysts were fixated on the problem of “the end of cheap oil” or “peak oil,” pointing to growing shortages of conventional crude oil due to the depletion of known reserves. The International Energy Agency’s 2010 report devoted a whole section to peak oil. Some climate scientists saw the peaking of conventional crude oil as a silver-lining opportunity to stabilize the climate—provided that countries did not turn to dirtier forms of energy such as coal and “unconventional fossil fuels.”… Today all of this has changed radically with the advent of what some are calling a new energy revolution based on the production of unconventional fossil fuels. The emergence in North America—but increasingly elsewhere as well—of what is now termed the “Unconventionals Era” has meant that suddenly the world is awash in new and prospective fossil-fuel supplies. | more…
For nine days in September, Chicago belonged to the teachers, school paraprofessionals, and clinicians. On September 10, 2012, 26,000 members of the Chicago Teachers Union (CTU) went on strike. It was the first teachers’ strike in Chicago in twenty-five years. While public and private sector unions have taken concessions and capitulated to cuts in wages, benefits, seniority rights, job protections, and much of what was won by the labor movement in the twentieth century, the CTU stood up to Mayor Rahm Emanuel, the Commercial Club of Chicago, and the billionaire hedge-fund managers who have set out to break teachers’ unions and dismantle public education. | more…
This article is based upon an interrogation of two books: Gregg Shotwell, Autoworkers Under the Gun: A Shop-Floor View of the End of the American Dream; and Jane McAlevey with Bob Ostertag, Raising Expectations (And Raising Hell): My Decade Fighting For the Labor Movement (New York: Verso Books, 2012). Each book is about an iconic union. Gregg Shotwell writes about the United Auto Workers (UAW), and Jane McAlevey the Service Employees International Union (SEIU). What they report gives us reason for both deep concern and hope concerning the future of organized labor. | more…
A historical perspective on the economic stagnation afflicting the United States and the other advanced capitalist economies requires that we go back to the severe downturn of 1974–1975, which marked the end of the post-Second World War prosperity. The dominant interpretation of the mid–1970s recession was that the full employment of the earlier Keynesian era had laid the basis for the crisis by strengthening labor in relation to capital. As a number of prominent left economists, whose outlook did not differ from the mainstream in this respect, put it, the problem was a capitalist class that was “too weak” and a working class that was “too strong.” Empirically, the slump was commonly attributed to a rise in the wage share of income, squeezing profits. This has come to be known as the “profit-squeeze” theory of crisis. | more…
Given [the] background of high unemployment, lower-wage jobs, and smaller portions of the pie going to workers, it should come as no surprise that, according to the U.S. Census Bureau, nearly 50 million people in the United States live in poverty (with income in 2011 below $23,021 for a family of four) while another 50 million live between the poverty level and twice the poverty level—one paycheck away from economic disaster. Thus, the poor (those in poverty or near poverty), most of whom belong to the working poor, account for approximately 100 million people, fully one-third of the entire U.S. population.… Wage repression and high unemployment are the dominant realities of our time. A vast redistribution of income—Robin Hood in reverse—is occurring that is boosting the share of income to capital, even in a stagnating economy. Is it any wonder, then, that for years on end polls have shown a majority of the population agreeing with the statement that the United States is on the wrong track and not headed in the right direction? | more…
The world at present is fast approaching a climate cliff. Science tells us that an increase in global average temperature of 2°C (3.6° F) constitutes the planetary tipping point with respect to climate change, leading to irreversible changes beyond human control. A 2°C rise is sufficient to melt a significant portion of the world’s ice due to feedbacks that will hasten the melting. It will thus set the course to an ice-free world. Sea level will rise. Numerous islands will be threatened along with coastal regions throughout the globe. Extreme weather events (droughts, storms, floods) will be far more common. The paleoclimatic record shows that an increase in global average temperature of several degrees means that 50 percent or more of all species—plants and animals—will be driven to extinction. Global food crops will be negatively affected. | more…