Monthly Archives: February 2013

Capitalism is so broken it can’t be fixed

Capitalism is so broken it can’t be fixed is the headline from The Wall Street Journal’s Market Watch.  The bosses’ pundit Paul B. Farrell, no friend of Communism, is pointing out that nothing that the bosses are currently trying to do can solve the broken system of capitalism.  He even points out that the inter-imperialist rivalry that PLP has correctly pointed out as the primary contradiction determining world events is an important determinant.  He points out that what Marx called the tendency for the capitalists to hoard their capital as they search for maximum profitability is also a major facet of broken capitalism.  The capitalists hoard their “capital” that  “sits unused on the balance sheets of corporations, and languishes inert in private equity funds.”’ because they use it to speculate, generating Abstract and Fictitious Capital to generate their profit returns as opposed to investing it in infrastructure and other elements of Concrete Capital that are actually needed to support their place as the world’s hegemon.  In other words, the US bourgeoisie use their money to make money not the roads, rails, and factories that are needed to make actual products and preserve their level of production.  This tendency of capital is mitigated by attacking the working class to extract more profit and, as Lenin pointed out in Imperialism, exporting capital to other undeveloped areas of the globe in order to produce at the highest profit possible.  The problem of exporting capital is that other capitalists in other countries want to do this as well.

 

The ruling class has to protect their economic investment, and they use the working class to fight their wars.  The workers who have been part of the economic draft to become US soldiers are now having Moral Injuries that tear their psyches apart.  They have nightmares and have trouble living with themselves because of the atrocities that they do for the sake of profit based on the timeworn lies of god and country. “ A moral injury tortures the conscience; symptoms include deep shame, guilt and rage. It’s not a medical problem, and it’s unclear how to treat it, says retired Col. Elspeth Ritchie, former psychiatry consultant to the Army surgeon general.”

Ritchie’s comments echo the torturers in Franz Fanon’s Wretched Of The Earth who felt uncomfortable psychological trauma from brutalizing the guerillas and didn’t want to stop torturing and killing, but wanted their psyches to be healed nonetheless.  The way to treat these nightmares is to stop these imperialist oil and resource wars and begin a rectification campaign where the US imperialists and the soldiers who killed on their behalf apologize and rebuild.  This will never ever happen under capitalism.  Only a Communist revolution can begin the healing process and rectification necessary for those who are guilty of the most brutal crimes against humanity in the name of profit can heal themselves. 

 

So while the working class soldiers live with guilt, the professional mercenary scum in Blackwater get all of their charges completely dropped.  Poof.  Vanished. It cost them a few million, made some rich people a bit richer, and reaffirmed that the US needs their thugs to kill kill kill!  The war on the black and Hispanic working class under the veneer of the war on drugs continues unabated with felonies handed out like party favors, yet when the thugs who murder and kill for the bosses get tried in their courts, the capitalists use their courts to preserve their power.

 

Meanwhile, in the Syrian arena, the Free Syrian Army, stooges of US Imperialism, have begun to bomb Hezbollah, stooges of Russian and Chinese imperialism and Iranian hegemony, in Beirut and Lebanon. The escalation of this war threatens the stability of the whole Levant, yet the US looks on with delight as they can get profitable pipelines and check their rivals.  The “Arab Spring” has turned into the Winter of Jihadism and reaction as Islamic Parties and other reactionary groups have filled the power vacuum that deposing dictators creates.  Without a Communist Party ready to seize state power and begin the revolutionary transformation of society under the dictatorship of the working class, there can be no fundamental systemic change.  Capitalism is fundamentally broken when it comes to meeting the needs of the working class.  It needs to go. 

 

The working class is trapped in the prison of false consciousness.  For example, thousands of workers in Bangladesh are fighting for false consciousness as they attack the police and rally in defense of Islam.  They are angry at “atheist blogs”.  This reactionary rally is a tragedy for the working class as religion is a weapon that the ruling class uses to divide the working class and get us to pay attention to the next world instead of this one.  The working class is divided by race, class, gender, and cultural structures such as religion – Christian vs Jew, Sunni vs Shiite, Muslim vs Hindu, etc.  The list goes on and on and on.  Communism is needed to wash away all of the social constructs that act as the bars in the prison of false consciousness that we live in.  The friends of PLP in Bangladesh will continue to struggle against the violent reactionaries and continue to organize for a revolution that will end the ability for religious leaders to command thousands of workers to kill. 

 

The fact that Capitalism is broken is inaccurate though.  Capitalism is working fine.  It is making the wealthy wealthier, concentrating power in fewer and fewer hands, facilitating the growth of fascism as the bosses need to prevent their power from flowing out of their hands and into the hands of their rivals.  Capitalism works for the capitalists.  They can maintain their state power through any natural or economic disaster.  Capitalism is a resilient system with only one fatal weakness – Communist revolution.  A Communist Party of millions, armed with Red ideas, Dialectics, and the determination to wipe capitalism off of the world once and for all is the only that thing that will break capitalism.  Capitalism will not end because of some massive crisis.  No, only we, the working class under the leadership of PLP, can end it.      

 

 

 

 

 

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