Thursday, 8 March 2018
The subject is reforms and reformism in the context of the recent years of UK austerity and public sector cutbacks and the rolling back of the 'welfare state' - with particular reference to how we relate to left and union lead campaigns in response to this (for instance with the NHS). Saturday 17th March at 2pm at the Woodman Pub back room, New Canal Street, Birmingham B5 54G (next to the parkway at the Curzon Stret end) and 15 mins walk from New Street or Moor Street railway stations. All Welcome. Following documents may be useful: HERE and HERE.
Friday, 16 February 2018
Perhaps there is some irony in the fact that whilst the MDF debates the need for a transition to socialism, free distribution to meet need etc, capitalism is contemplating free distribution to meet need...
BUT no one will work!
Yes, but we will abolish work and introduce labour....or is it abolish labour and introduce work...
Tuesday, 6 February 2018
I thought I would post my presentation from a recent meeting on feminism and class struggle that was partly a response to Theft's rantings (seems like the only way to describe it really) but is also relevant to some extent to the discussion we had on the issues in the AF
Thursday, 1 February 2018
Monday, 29 January 2018
Ok, I like this idea, hope to contribute anything that comes to mind, may be useful.
At the last meeting in Sheff, a few ideas of great interest were briefly aired and I would like to elaborate.
Capitalism as a revolutionary force.
The lack of a revolutionary response to the 2008 crash.
The coming crash.
Obviously talking about capitalism as an agent of revolution is not the same as it was during its early inception. The capitalist revolution is done, any small outposts of stone age culture and the like make little difference.
Nor am I saying that revolution was not possible previously (though that may have been the case, I am unsure as there is any way to prove that point, 1917 could have escalated, 1968 could have escalated 1984 could have escalated...).
What I am saying is that there is a feature of the capitalist process that again and again sharply poses the question of an alternative, a non capitalist society. This is not necessarily only posed by crisis, not only posed by misery, but also by all manner of sharp turns that provoke consideration of the system itself. For some, cryptocurrency could have kicked off a critique going beyond the limited critique which bitcoin enthusiasts are popularising.
Also, capitalist development generally facilitates the setting up of a socialist society. Its technological advance does not stop producing veritable leaps, for example the internet, massive computational power, energy sources, agricultural technique and the like, however grotesque the application for profit chasing.
This is not to deny the repressive, suppressive ideological control which also advances along with the technological means to do so, and nobody is saying capitalism will simply transform into socialism in a seamless flurry of modernisation.
As previously stated, there is no rule stating only crisis and misery provides the condition for generalised revolutionary consciousness, but equally there is no rule to say it does not. The previous revolutionary wave of 1917 occurred in dire circumstance, the 1930s events were also against a background of extreme economic dysfunction, but the causation of the 1968 wave is not so easily described.
But capitalism is constantly breaking the mould and ejecting people from comfortable routines. It is dynamic, precarious, frightening and unstable.
This dynamic is not the sole element in provoking revolutionary responses, but it remains an element. It is in this sense that I think capitalism plays a revolutionary role.
And one that could be very dramatically illustrated very soon.
In the latest RP (CWO publication) we are informed that a stock market crash today would wipe off trillions and catalyse a deep depression. The working class could very well respond robustly. It would seem highly likely in fact, given the current rise in poverty and lack of leeway. That scenario is no fantasy.
"...it is only a matter of time before stocks notice the same things that are spooking bonds, and credit in general, and get reacquainted with gravity.
What happens next? Well, if the Citi correlation extrapolation is accurate, and historically it has been, it would imply that by mid-2019, equities are facing a nearly 50% drop to keep up with central bank asset shrinkage. "
While the U.S. and the global economy have seemingly continued business as usual since the Fed and Central Banks stepped in and propped up the collapsing markets in 2008, this was only a one-time GET OUT OF JAIL free card that can't be used again. What the Fed and Central Banks did to keep the system from falling off the cliff in 2008 was quite similar to a scene in a science fiction movie where the commander of the spaceship uses the last bit of rocket-fuel propulsion in just the nick of time to get them back to earth on the correct orbit.
Thus, the only way forward, according to the Central banks, was to increase the amount of money printing, leverage, asset values, and debt. While this policy can work for a while, it doesn't last forever. And unfortunately, forever is now, here....or soon to be here. So, it might be a good time to look around and see how good things are now because the future won't be pretty.
Sunday, 28 January 2018
For those who missed the meeting but would like to know more about the subject, an analysis of Bitcoin is a good place to start is HERE but digital 'currencies' have proliferated since then and our discussion looked more widely at the relationship between this and the 'real' economy of a crisis ridden capitalism.
More info on crypto-currencies HERE and HERE
We hope to have a report on the meeting here soon.