We are grateful to Michael Roberts’ blog for making us aware of:
“…one of the earliest and best denials that underconsumption is Marxian economic theory, see this article by John Weeks back in 1982.”
Clarifying these issues is an essential part of the process of rebuilding the international working class movement.
Not long ago, Nicolas Sarkozy was unceremoniously bundled out of office. Now he’s back on TV in all his pomp and glory. France’s second channel (chaine 2) is supposed to be a public enterprise run by the state, or successive governments, but in any case at taxpayers’ expense. Now it gives Sarkozy the red carpet treatment. The way they transformed him from a duplicitous agent of the bourgeoisie into a messianic liberator was amazing and shockingly servile. One faithful retainer, Yves Jégo, was moved to comment in astonishment, and with some justice: “It can’t be right to give 45 minutes on a current affairs TV show to a Presidential contender” (Le Monde
, 23 September 2014).
Now, it was Sarkozy who appointed the boss of this channel, and the current President, Hollande, was daft enough to keep him in the job. This man virtually prostrated himself in front of Sarkozy, and the simpering nonentity who conducted the interview like a willing stooge more or less got down on all fours. It may not make much sense, but that’s the way things go in this general political climate. Continue reading
The surprise results of the recent European elections mean all political organisations have to re-evaluate the overall situation and their own policies.
Complete bankruptcy of bourgeois Europe
Two highly revealing and significant facts stand out about these elections, as a whole and in each individual country. First, and certainly foremost, is the particularly high level of abstentions (approaching 60% in France!), concentrated, moreover, in conurbations where workers and working people live. Abstentions were clearly higher, it needs to be said, in the countries of Eastern Europe (more than 70% in the great majority of them, over 80% in Slovakia and the Czech Republic). This clearly reflects their secondary position within European “unity”.
The second is the unprecedented and ubiquitous growth of fascist or semi-fascist oppositions, a far right which actually came first in certain countries (France, UK, Denmark).
Apart from anything else, the first and most obvious conclusion is that the vast majority of Europeans are turning their backs on and definitively rejecting that monstrous construct called “European union”. This central conclusion cannot be queried or challenged just by reference to the obviously broad range of views among those who abstained, or even voted for the far-right. Of course each of their various ̶ and sadly all too often reactionary, retrograde or simply backward ̶ motives is crucially significant in its own way. We should note, however, that many of those who voted for the far-right probably did so in protest against that Europe, rather than out of support for fascist ideology. Be that as it may, these results express an irrevocable verdict on the part of Europeans as a whole: They are absolutely opposed to the bourgeoisie’s pseudo-Europe, which they massively reject and will not tolerate. Continue reading
By Balazs Nagy
, August 2014
To approach this multi-faceted subject, which ranges over an extremely wide variety of topics, and to bring out the essential points, we have to go a long way back and examine certain decisive problems in the history of the Communist movement. Without a rigorous and objective reckoning, even an incomplete one, of the historical activity of the Fourth International, it is impossible to establish correctly what the real problems are or define the tasks involved in rebuilding it.
We cannot here get into detailed consideration of the process by which Communist Parties were set up during and just after World War I, but we can, and should, be clear that, apart from the Bolshevik Party, not a single one of these parties conformed to the image of the kind of real Marxist Communist party that the general revolutionary situation required. For all its break with Menshevism, even the Bolshevik Party had to undergo a profound crisis on the way to its political and theoretical rearmament by adopting Lenin’s April Theses in order to arrive in the leadership of the revolution.
In fact, history teaches us that revolutionary parties have to undergo a more or less lengthy longer or shorter crisis-studded periods in order to arrive at the Marxist maturity needed to accomplish historic tasks. The whole Leninist Third International was an enormous construction-site-cum-school for understanding and assimilating these tasks by passing on the experiences of the Bolsheviks. But hardly had this process started when Zinoviev took it off course and then Stalinism completely falsified the development, lending it a content, direction and methods at first wrong and then reactionary. One could say that this was in a certain sense the revenge of the opportunist, Menshevik line defeated by the April Theses. Continue reading
by Balazs Nagy
First printed in Lutte des Classes
No. 12, October 2013.
In our last issue, we briefly noted “cracks” emerging in world capitalism, including, among other things, weaknesses in relation to the international monetary system organised on the basis of and governed by the US dollar. We do know that, to ward off the last great crisis, the big chiefs of US finance decided to supply the economy, which was gasping for breath and quite unable to meet astronomic levels of losses and needs, with even greater massively and artificially swollen credit arrangements. To put it another way, the crisis had revealed the imperative urgent need to deal quickly and urgently with the yawning gap between real production on the one hand, hampered and dragged back by the growing limitations on effective profits, and on the other the phenomenal pile-up of dollars not backed by anything whose job was to make good the market’s organic deficiencies. Let me repeat: the whole edifice of runaway and inflamed world finance operates under the auspices of the US dollar. Continue reading
By Balazs Nagy
First published in Lutte des Classes No. 11, September 2013.
We really ought to draw our readers’ attention to two major current events which ̶ each in its own political and economic way ̶ testify to a considerable deterioration in the painful death-agony of capitalism-imperialism. On the one hand, there is the current stage reached in the breakdown of its arrangements in the Middle East with the in itself unusual and surprising but real political blockage affecting this system in relation to the civil war in Syria; on the other, the fresh upsurge of world crisis in the ̶ for many ̶ unexpected shape of a general fall in the rate of growth in production among more or less all the so-called “emerging” countries: India, Russia, Indonesia, Brazil, South Africa, etc., including China. This fall is expressed and accompanied by a real upheaval in their financial system through a brutal fall in the values of their currencies, excepting China. As luck would have it, all of these serious problems of imperialism have matured and are concentrated at the Moscow meeting of the 20 countries which are considered to be the most important, the famous G20 on 7 and 8 September 2013. Continue reading
By Balazs Nagy
, April 2014
The entire French press is unanimous. Whether left or right in their traditional political colouration – the difference is actually pretty superficial – they compare the so-called socialist party’s resounding discomfiture in the municipal elections to Napoleons historic disaster on the Berezina River in Russia in 1812, the prelude to his ultimate defeat. For once the accuracy of their judgement is beyond dispute. So our first response is above all to see what we can learn. Its a perfectly straightforward and normal thing to do, although our conclusions differ noticeably from everyone else’s.
First of all it is important to emphasise that elections change absolutely nothing in the fundamentals of the capitalist social system or, therefore, in the overall situation. This view is sharply opposed to the popular belief carefully fostered by the usual politicians and organisations of the left. Even if elections do change that systems form or shape, they move within the framework it imposes and are an integral part of it. Whether municipal, parliamentary or European, they are just part of how the (most democratic!) system in place functions, while remaining profoundly bound to the way it moves and works. Continue reading
By Bob Archer
Politicians and the media talked a great deal about earthquakes as the results of last months elections to the European parliament were published. This was especially true in France and the UK, where the established parties were beaten at the polls by the Front National (FN) and the UK Independence Party respectively.
Failing to assuage voters anger could mean the erosion, if not the destruction of the union in a matter of years, said veteran Austrian journalist Erhard Stackl, writing in The New York Times International Weekly. In some countries, the vote against an integrated Europe was profound.
He consoled himself with the observation that nevertheless two-thirds of the votes were cast for pro-European parties. And in Germany, the economic powerhouse of the 28-nation bloc, Chancellor Merkel and her allies still command a comfortable majority.
Smarting under a series of lost seats in the European parliament, many established bourgeois parties needed all the consolation on offer. Continue reading
20 Years After 27th April 1994: what is the state the South African Revolution?
“Nothing demonstrates better the increasing rigor of the colonial system: you begin by occupying the country, then you take the land and exploit the former owners at starvation rates. Then with mechanization, this cheap labour is still too expensive. You finish up taking from the native their very right to work. All that is left for the Natives to do in their own land at a time of great prosperity, is to die of starvation.” (Jean Paul Sarter, 2001)
Numsa National Office Bearers,
Delegates to this Numsa CC,
All Numsa Staff,
On behalf of the National Office Bearers of Numsa, I welcome all of you to this first Central Committee meeting of Numsa after our historic December 2013 Numsa National Congress.
As we seat here, we are meeting after the first South African National Elections in which Numsa as an organisation did not support any political party.
This Central Committee must help all of us to fully understand the moment we are in, from a clear Marxist-Leninist class perspective. There should be no confusion over what Numsa resolved to do, in the Numsa National Special Congress.
All of us must be very clear what these just ended elections mean to the working class of South Africa. All of us must be clear what our revolutionary and trade union responsibilities are, post the Numsa historic Special National Congress. Continue reading
5 March 2014, Posted in NUMSA Bulletin
Lessons from Germany
South Africa’s structural unemployment crisis which affects the youth in particular could do with a good dose of German training medicine says Boniswa Ntshingila.
South Africa’s youth unemployment crisis
South Africa’s youth unemployment rate is amongst the highest in the world. Therefore one of the greatest socio-economic problems currently facing South Africa is youth unemployment.
According to the Quarterly Labour Force Survey by Statistics South Africa, in the third quarter of 2013, 34.8% of young South Africans1 could not find a job compared with less than 15% of adults over 34. If one breaks down the youth unemployment figures by race, the picture becomes more gloomy for African and coloured youth. In 2010, African youth unemployment hit 58%, coloured youth unemployment 45% while Indian and white youth unemployment were at 22% and 18% respectively. However, these figures do not correctly reflect the seriousness of the youth unemployment problem because it excludes young people that have not been looking for employment2.
If all young people are considered in the calculation of youth unemployment then the actual youth unemployment rate was 47.5% for the third quarter of 2013. This means that 1 in every 2 young people cannot find a job and has very little chance of ever finding a job. Continue reading