"Terminal crisis of capitalism? LOCATION POLICY
For some years respected economists from different countries tell us about the terminal crisis of capitalism. Ramón García reminds us in a substantial essay.
Capitalism is a production machine, unable to stop because he lives change, internal dynamics is revolutionary, continues to disrupt all social relations, including that he himself created. This machine production creates wealth, prosperity and welfare, where to install or take root. The pursuit of riches, the insanity in the monopoly, move the machinery of the glut, ruling out any possibility of rational control of supply and demand. Selfishness, more and more selfishness, ambition, more and more ambition, greed, more and more greed, that's the formula for success and ruin of the capital. The essence of the crisis of capitalism is overproduction or over-accumulation. Today we have too many assets to buyers seeking too few, too much money in search of a few profitable investments, too many workers in search of a few jobs, too many banks on the lookout for a few impoverished savers and depositors, and so on., Etc.
wealth concentration grows without limit to a few "chosen" while poverty is spreading like a scourge of humanity. The new Forbes magazine list of people richest in the world, exposes the booming fortunes of the holders of more than U.S. $ 1,000 million. The list is headed by the richest man in the world still Mexican, Carlos Slim, worth U.S. $ 74,000 million. The president of Chile, Sebastián Piñera, is part of the select list of 1210 men who possess fortunes in excess of U.S. $ 1.000 million. This bonanza for the rich is the result of the prevailing economic model in the world today has a population of approximately 7.000 million people. This means that if the mobster Carlos Slim give away 1 million dollars of his fortune, every parishioner of the planet (regardless of age), yet that gentleman would be a millionaire.
terminal crisis of capitalism is a deep structural crisis (over-) imposing "solutions" (financial bubbles, real estate, etc..) That end up being trigger the collapse of global capitalism. Ramón García Rodríguez lays bare a process, whose main thrust through the plethora of riches, sinks to the capitalist empire. Strange way to collapse!
Tacna, March 25, 2011
EBM
financialization
(Initial Sketch)
The current dominant system (Crime and marginal) has gone through successive stages through periodic cycles of crisis-recovery-boom stagnation. In 1929 he suffered a very serious crisis that led to the II-GM. In that war the U.S. went from country to country debtor creditor. After minor cycles was losing its productive capacity, and is now the most indebted country in the world. In 2008 he suffered this general crisis which can not be recovered. Why?
While still dominated the industrial capital, Marx, in The Genesis of Capital , 1867, said
Public debt has come to give impetus to
corporations, traffic of
negotiable of all kinds, the agio;
in short, to the lottery of the bag and bancocracia
This bancocracia , government banking, became a reality to the 800 with the emergence of financial capital (predominance of bank capital in its merger with the industrial capital), a process discussed by Lenin and Rosa Luxemburg.
Lenin said their main economic traits: emergence of monopolies, domination of the financial oligarchy, dominated the export of capital, the emergence of monopolistic groupings international territorial division of the world. Thus arose the "parasitic capitalism and rentier" ( Imperialism, 1916 ) Luxemburg
studied The Accumulation of Capital (1912-1916), an issue that Marx had left unfinished. He warned that "Marx's economic theory is inseparable from the idea of \u200b\u200bglobal capital" brought to light the internal exhaustion of the system (the accumulation is only possible in half capitalist ") so he was forced to fight natural economy, introduction of market economy, anti-peasant economy, international borrowing as an instrument of domination, protective tariffs, militarism as a field of capital accumulation. Why
Why can not this build your own? For the same human activity on the job. Man always tends to produce more than required for daily sustenance. The experience led him to produce more in good times, bad times to resist. And to produce more to compete with other producers.
To produce more, in the current system intensified working hours that workers face in their struggles for the rights. This leads to invention and development of machines and machine system, convert all, including agriculture, industrial processes. And there is the man-machine conflict.
With the machine not only there is more wealth but more misery. The machine moves to the worker. So came the fighting machine (Luddites) and the "right to work." It was Marx who discussed the background of this claim: "In the first draft Constitution, written before the days of June, still contained 'droit au travails' , the right to work, the first formula, clumsily stated , which summarizes the revolutionary demands of the proletariat. (...) The right to work is, in the bourgeois sense, a contradiction, a petty pious wish, but behind the right to work is the power over capital, and behind the power of the capital, ownership of the means of production, its submission to the associated working class, and consequently, the abolition of wage labor as both capital and their mutual relations "(1850) In his preface of 1895, Engels notes that this work "is proclaimed for the first time the formula on which the parties unanimously workers of all countries in the world condense their demand for an economic transformation: the appropriation of the means of production by society . And "Here is formulated, then, for the first time, the thesis that the modern working-class socialism differs sharply from all the different shades of socialism feudal, bourgeois, petty, etc., as the confused community property of communism and communist utopian spontaneous labor.
This is an aspect of the matter. The other aspect is discussed in Paul Lafargue Right Sloth (1880) After discussing how the concept had been disfigured Right to Work by moralists of the bourgeoisie, in the Appendix demand: "Do you want to see mocked, reviled, your dogma of work, so proud you show? ". After a review of texts of Herodotus, Plato, Xenophon, Aristotle points out that provided that" if every useful could run without collaboration, or by itself, its functions, and that just as the masterpieces of Daedalus moved of themselves or the Vulcan tridents spontaneously undertook their sacred work, if for example the launch of the weavers weave alone, the shop manager and would not need any more help or more slave master. "He concludes that" Aristotle's dream is our reality. Our machines, encouraged by the fire, equipped with steel members, tireless, prolific and inexhaustible play meekly, by themselves, their sacred work. But nevertheless, the genius of the great thinkers remains dominated capitalist the prejudice of the employee, the worst of slavery: not yet understand that the machine is the redemption of mankind, the god will rescue a man from sordidae arts (crafts) and wage labor, in a word God will give you leisure and freedom. "
is this more evident now than ever. Mechanization, automation, robotics, production increases to levels unimaginable even just decades ago. On the one hand, there is a crisis of overproduction, and inventories not are buyer. Why? Because this overproduction has its counterpart in rising unemployment. The fewer workers can acquire assets and consumption. On the other hand, the machine (because backlog) does not produce surplus value. Thus the capitalist has to centralize production shifting to other capitalists of their country, other countries worldwide. Globalization ! wealth is concentrated in few hands, poverty spreads both hands. How the system faces this reality? With financialisation .
in their internal relationship, the financial sector now dominates the production system. Given the low profitability of the productive system (less relative surplus by increased automation), financial system requires first shok inflation (as in the first government of current president), and then permanent inflation dropper. And inflation is the indirect tax suffered by workers in general. After imposing high interest rates for the entire financial intermediation (by the mere fact of having a debit card and become the subject of this high interest.)
No government can face this reality today as the Washington Consensus has imposed the Central Bank autonomy, autonomy apparent domestic, for truly national bank is controlled by the pair of WB-IMF gold
As unemployment is rife there is low productivity growth, hence the capital go to the financial market (where directly dominates transnational banks) and less into production (which has to deal with wage claims, at least). Finances dominate over production. It openly system parasitic rentier.
As the system requires no capital ties, require the privatization of public goods and bargain prices. If previously advertised the "nationalization" is now advertising the "privatization" to get "better service." Public enterprises, public hospitals, public educational institutions (schools, colleges, universities), all fell to the privatization of financialization.
Not only that. Fall into "the lottery bag "of resources saved: pension funds, insurance companies, investment funds. Since the worker receives no pension. Although listed more, their pension fund is their" investment "of which only the interest charged at the end. That is The deferred salary is gone, and as the contract is temporary, does not receive holiday, overtime, night work, annual leave. Only he is the nominal wage and not eight-hour day but ten to twelve hours, if it is used. And has increased the rate of living, raise the pension age.
economic and monetary policies, with the promise of the "most profitable" have led the "bubbles", such as real estate, a large captive market business. The financial share is several times larger estate to pay rent, mortgage and goes to the "eviction" as he goes chases the loser in foreclosure.
Thus, the system has passed initial liberalism (freedom, equality and fraternity) with production-productivity expressed in money, neoliberalism (production suspended), expressed in interest on interest (financial bubble), because the money does not money does not increase the money but through production.
But now all economic activity is through the financial intermediary, is held by corporations.
It is time that the machine is the redeemer of mankind. For that, the machine has to be ownership. This is accomplished by "leisure and freedom." The creative leisure break. Freedom as the consciousness of necessity.
The work-rest ratio is regulated with the workday in two parts, one for daily survival, another background combined for a "sabbatical." Every so often there is a year off (together with the background combined) for retraining, career change, field trips, and others.
In antiquity, Pliny the Elder (SI 23-79) noted the decline of the slave system by its insoluble contradictions. He declared that
Latifundio
Italiam lose.
more and more analysts now conclude that financialization is the death sentence of the system, its insoluble contradictions. And declare that
Financialisation lost the Empire
Of course, as they see eternal beneficiaries, no system automatically disappears. Its setting only expresses the economic determinism. But depends on the political volition to go away sooner or later.
this twilight We are living in our own reality. The electoral process Presidential is a clear example of this. So from April, the central task
PREPARE OWN ORGANIZATION OF SOCIALISM IN PERU!
March 25, 2011
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