Capitalism is an amazingly resilient system. This is not meant as praise, but as an observation that Marxists have made again and again since Marx and Engels first foresaw capitalism’s demise.
Its resilience lies not in its delivering the public goods, but in its ability to convince a critical mass of people that it does deliver and, when faced with an existential crisis, to stop at nothing to save the reign of capital.
Of course earlier socio-economic systems had long runs as well. But it is a fool’s errand and decidedly un-Marxist to call the date of the “final” crisis. Unfortunately, far too many have foolishly made that call-- I have the books on my bookshelves to prove it.
What Marxists can do is check the pulse of the capitalist system, take an x-ray, and make a cautious diagnosis. I think everyone-- Marxist and non-Marxist alike-- would agree that today the system is ill, indeed, critically ill. Global capitalism is breathing heavily, and struggling to get out of bed. Maybe it’s because of the coronavirus, maybe it’s also from some serious pre-existing conditions.
Metaphor aside for a moment, capitalism is, at this time, declining rapidly. The usual numbers-- unemployment, GDP, investment, manufacturing activity, trade, etc.-- are all trending in ways unseen at least since the Great Depression.
What is the prognosis?
The pollyannas of the capitalist class-- most capitalists, economists, politicians-- speak of a quick recovery. They see the crisis as beginning and ending with the rise and fall of Covid-19 infections. Once the coronavirus is conquered, they say, the global economy will pick itself up and, in time, continue briskly marching forward. This should, and does, sound like whistling past the graveyard.
Liberals and social democrats-- the social-work left-- understand that great human damage is occurring; their sympathy for the hundreds of thousands, if not millions, of the crisis’s victims is genuine and heartfelt; and they sense an opportunity to reform. However, for them, reform must accomplish two-- I would argue, contradictory-- tasks simultaneously: restore and repair the capitalist system and repair and restore the carnage inflicted upon people by this crisis.
Sure, the respectable left rails against capitalism-- crony capitalism, disaster capitalism, pandemic capitalism, gender capitalism, Trump capitalism, “cancerous form of capitalism” (Michael Moore) or neo-liberal capitalism. But they don’t really mean capitalism itself. Rather, they reject what they consider aberrant capitalism, bad capitalism, capitalism off its otherwise benign rails. Instead, they desire a good capitalism: “human-centered capitalism” (Brookings), “accountable capitalism” (Elizabeth Warren), “capitalism for everyone” (Center for American Progress), “post-capitalism” (the science-fiction capitalism imagined by many academic leftists), or a host of other capitalisms tailored to the supposed greater good.
The unstated truth is that the soft left, the reformist left does not connect the social ills of growing inequality, wealth concentration, increasing poverty, declining life expectancy, and social dysfunction directly to the intrinsic mechanism of capitalism. They believe that, with some tinkering, they can make the insatiable drive for profit, for accumulation, take a backseat to human needs.
It is an odd view; for centuries, through capitalism’s birth, growth, and maturation, this reformist program has not come close to any lasting success.
In the twenty-first century, with three devastating, life-crushing economic crises in twenty years, that prospect appears even dimmer.
Many in the US are entirely focused on the forthcoming Presidential election campaign. Do they think that the two-party electoral system-- finely honed over many decades to repel even moderate reformism-- will produce solutions equal to the tasks of this era? For young people, it is hopefully a learning experience; for older people, confidence in a favorable outcome is a disappointing measure of their cynicism, not their maturity. Could anyone believe that either Donald Trump or Joseph Biden (now joined with the execrable Laurence Summers) is able to tackle, for the good of the people, an economy now in free fall?
In the past, the reformist left relied upon the labor union hierarchies, the center-left political parties, and issue-oriented activist networks. But today, these groups are more and more compromised. The center-left parties are thoroughly “bourgeoisified”; corporate ownership-- once a dirty, little secret-- is now apparent to all.
The labor union leadership has exchanged class confrontation for partnership with capital; in some embarrassing cases, they have mounted a stiffer defense of capitalism than the corporations, notably when attacking “foreign” competitors.
And far too many issue-groups have drunk from the poisoned chalice of foundation money. Understandably, there are desperate needs for funding, especially for a resource-starved left, but foundation money is a stealth assault on independent action.
The way forward lies in unleashing the potential of working people, freeing them from the institutional fetters imposed by bankrupt political parties, an ossified labor leadership, and ineffective NGOs.
While it is a daunting task, organizing the millions of unemployed workers promises to break from the inadequate tactics of the recent past. It was the Communist-led unemployment councils that sparked the peoples’ movement in The Great Depression. The marches on state capitals and Washington DC, the confrontation with assistance agencies and evicting officials, and relentless agitation pressed the authorities to reluctantly consider remedies to widespread human misery. Contrary to the “great man” mythology ascribed to Franklin Roosevelt, it was the militant action of the unemployed and other workers that constructed the popular base for New Deal reforms. Without that base demanding more, Roosevelt would have retreated. This time, even greater victories are possible.
Encouraging signs are rising that workers are seeking a new militancy to combat the ravages of capitalism. There is a thirst-- expressed especially among younger workers-- for new ways to organize and direct the anger emerging from the failures of the system to protect and support workers faced with a deadly virus. The callousness of many capitalist leaders toward the safety of health care workers, the rush to return enterprises to profit making despite endangering workers, and the failures to promptly and efficiently provide the resources necessary to combat and treat the virus have exposed the inhumanity of capitalism. Amazon workers, gig workers, the precariat, and other unorganized workers, now more than ever, see the need for collective action. Danger and idleness are great teachers.
Those with the lowest paying jobs, women, Blacks, and Latinos have been hit the hardest by the layoffs and are the most neglected by the politicians and those pretending to represent labor. Like in the era of the Great Depression, a resurgent, militant, and independent labor movement must appeal to those left out. Whether the movement follows the pattern established by the 1930s industrial movement, the CIO, or takes another form, it must not be shackled with moderation and class pacification. The objective need is there, the conditions are ripe; all that is needed is the will.
As in the thirties, there is mass confusion, unfocused anger, nihilism. The divisions grow in number and grow deeper. The danger of the right coopting righteous indignation increases. Already, Trump and his international counterparts have exploited the frustration of the masses and the impotency of the center-left.
The antidote to the appeal of the right is not hand-wringing or fear-mongering, but countering with alternatives. Communists in the thirties countered Father Coughlin, the Black Legions, and the many crackpots and demagogues with the power of organization and the inspiration of militant ideas.
In the thirties, where a catalyst seized the initiative-- even a small catalyst like the US Communist Party-- working people were able to unite and force change on an obstinate ruling class. They were able to find their strength and a vision of a better world. Once recognized, the potential of working people knows no bounds. We must work to foster that recognition.
Our fight is not for unemployment insurance or social security. Those fights have been won, though the ruling class has chipped away at these gains from the day they were secured. Hopefully, our fight is for more, for everything, for socialism!
Greg Godels
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