Seven Left Myths About Capitalism

by G.B. Taylor

Occupy Wall Street has renewed hope for a left political renaissance by challenging economic inequality and the neoliberal discourse that legitimated it, and reintroducing the word capitalism to political debate. The “greed” of the “1%,” counterpoised to the hardworking, rule-abiding 99%, has emerged as the dominant political frame of OWS. Rhetorically powerful, the slogan’s elegant simplicity conceals as much as it reveals. The language of “corruption,” the betrayal of Main Street by parasitic Wall Street bankers, and nationalist appeals to “take America back” all express a deep confusion as to the nature of the current crisis. This often results in a highly personalized moral critique of capitalism rather than a systemic one.

The crisis wracking capitalism today cannot be understood as simply the evil actions of greedy bankers and the 1%. In fact, as Max Weber pointed out, unlike the ostentatious opulence of earlier economic forms like feudalism, capitalism actually has tendencies which check greed – for example how intra-capitalist competition forces firms to save and reinvest. Thus the logic of states wielding coercive external power in human form as armies and police is quite different from that of capitalism, wherein power is more difficult to pinpoint or assign personal agency to. Conflating these two modes of power leads to very different political demands and outcomes. Capitalist power acts not only or even primarily on us from outside, but through us, as worker and capitalist alike are caught up in an impersonal competitive imperative that would quickly bankrupt any turncoat bankers or CEOs who might suddenly take Occupy’s message to heart. Continue reading

Advertisements

The Road to Socialism in China

by Sitaram Yechury

The tremendous strides made by the Chinese economy during the last two decades have been recognised, even by its worst critics, as being incomparable in the 20th century.  The average annual rate of growth during the last two decades registered an amazing 9.8%. The Chinese economy continues to grow over and above this record at roughly 8% in the current year.  The IMF has predicted that by the year 2007, People’s Republic of China  will surpass the United States of America as the largest economy in the world (World Economic Outlook, IMF, 1997).

Pictures of Chinese leaders Mao Zedong, Deng Xiaoping and Hu Jintao on parade to celebrate the 60th anniversary of socialism in China.

How was such a remarkable development possible?  Particularly, in a period when the mighty Socialist Soviet Union was dismantled? When all pen-pushers of imperialism and the bourgeoisie were busy seeking to nail the coffin of socialism and claiming that “capitalism is eternal”, socialist China continued to register  such impressive  economic successes.  In a period when imperialist ideologues are churning out theories such as the `end of ideology’, socialist China continues to  speak of upholding Marxism-Leninism.  While the right-wing intellectuals and academicians are in a haste to state that China’s successes have nothing to do with either Marxism or socialism, some amongst the Left are also concerned whether these successes in China represent the restoration of capitalism?  Has Mao’s China been abandoned?  Have `capitalist roarders’ taken over China?  What are the consequences of the current economic reforms for the future of socialism in China? These are some of such questions that we seek to explore. Continue reading

Thoughts from China: Socialism, a Work in Progress

by Brad Janzen

Editor’s note: The author is teaching English in China.

BEIJING – I arrived in Beijing on June 25.  My first time in Asia. My first time outside of the Western hemisphere. Though I had studied some Chinese, I was a bit overwhelmed at the communication barrier as I walked into a restaurant to order my first meal here.  The menu was all in Chinese, with no pictures, and no pinyin. (Pinyin is the transcription of Chinese to the Latin alphabet, with accent marks denoting the tones).  Nevertheless, after being here for two and a half months, my Chinese is slowly improving.

china2

My initial impressions of Beijing and China were, and still are, complex. China has surpassed Japan and Germany to become the second largest economy in the world, and China’s GDP will likely pass that of the U.S. in a few years. China’s economy is a mixed economy, with the state controlling much of what Lenin called the “commanding heights” of the economy, but with a large capitalist sector, and with an enormous number of small businesses. While the state permits capitalist enterprises, including foreign companies, to operate here, the state retains the ownership of the land, and essentially is granting the company the privilege of using the land in the interest of development. Continue reading

Left-Wing TV Station in Lebanon Attacked, Unreported in Mainstream Media

Dear Comrades,

Comradely greetings.

Yesterday night, on Wednesday August 15th  2012, Al-Yassariah” (the Left)  , a TV channel, was attacked by a gang which entered by force into the offices of Al Yassariah in Al Dahyeh, the southern suburb of  Beirut, and arrested three works in it after stealing, and destroying part of its equipments and computers.

May Day in Lebanon

Young comrades support the LCP at a May Day rally in Beirut, 2007

We say, for reminding, that the launching of Al Yassariah was decided in the 2nd “Arab Left Meeting”, which was held in February 2011. Comrade Dr. Khaled Hedadah, the general secretary of our party, was appointed to supervise the preparations and launching of Al Yassariah after the presented parties had agreed on that in the 3rd Meeting in February 2012. Also presenting, part of the communist and left Arab parties, financial contributions to supports its first step and waiting for completing the contributions. Continue reading

Why Don’t the Greek Communists Just Link Forces With the Radical Left Coalition?

by Johan Boyden

The political assessment of the Communist Party of Greece (which we posted here) deserves some introduction for our readers in Canada. Afterall, as Greece heads towards Sunday elections, all eyes seem to suddenly be turned to the volatile situation in the Hellenic Republic.

UPDATE: View the election results in graphic form and read the assessment of the Central Committee of the Communist Party of Greece.

Progressive-minded people in Canada are optimistic. After years of hard struggle with countless general strikes and mass rallies, maybe these elections will hand a victory to political parties that identify with the left? Maybe they will demonstrate a different direction from austerity and economic crisis to the world?

There is also a certain renewed anxiety in the voices of the ruling class.  “We cannot have a Greek election determining the future of the global economy. That’s not fair to anybody,” Canadian Prime Minister Stephen Harper said recently. Today, Bank of Canada Governor Mark Carney referenced Greece and the European situation to warn of more mass unemployment and ‘recession’ over here. Continue reading

The Struggle for the Leninist Position on the Negro Question in the United States

by Harry Haywood

This article by Harry Haywood, originally printed in the September 1933 issue of the The Communist, is from A Documentary History of the Negro People in the United States, edited by Herbert Aptheker. According to the editor, the original article “is published below, in part, with the essential argumentation intact.” I am making this article available on the Internet for the first time. For more on this history of the African American National Question, see Freedom Road Socialist Organization’s Unity Statement on National Oppression, National Liberation and Socialist Revolution and The Third International and the struggle for a correct line on the African American National Question.

The present program of our Party on the Negro question was first formulated at the Sixth Congress of the Communist International, in 1928. On the basis of the most exhaustive consideration of all the peculiarities, historical development, economic, living and cultural conditions of the Negro people in the United States as well as the experience of the Party in its work among Negroes, that Congress definitely established the problem of the Negroes as that of an oppressed nation among whom there existed all the requisites for a national revolutionary movement against American imperialism.

Harry Haywood, legendary African American communist leader

This estimation was a concrete application of the Marxist-Leninist conception of the national question to the conditions of the Negroes and was predicated upon the following premises: first, the concentration of large masses of Negroes in the agricultural regions of the Black Belt, where they constitute a majority of the population; secondly, the existence of powerful relics of the former chattel slave system in the exploitation of the Negro toilers – the plantation system based on sharecropping, landlord supervision of crops, debt slavery, etc.; thirdly, the development, on the basis of these slave remnants, of a political superstructure of inequality expressed in all forms of social proscription and segregation; denial of civil rights, right to franchise, to hold public offices, to sit on juries, as well as in the laws and customs of the South. This vicious system is supported by all forms of arbitrary violence, the most vicious being the peculiar American institution of lynching. All of this finds its theoretical justification in the imperialist ruling class theory of the “natural” inferiority of the Negro people. Continue reading

The National Question in Russia: Marxism and the National Question

by Joseph Stalin

It remains for us to suggest a positive solution of the national question.

We take as our starting point that the question can be solved only in intimate connection with the present situation in Russia.

1. Russian SFSR, 2. Ukrainian SSR, 3. Byelorussian SSR, 4. Tajik SSR, 5. Kirghiz SSR, 6. Georgian SSR, 7. Azerbaijan SSR, 8. Armenian SSR, 9. Uzbek SSR, 10. Kazakh SSR, 11. Lithuanian SSR, 12. Latvian SSR, 13. Estonian SSR, 14. Moldavian SSR, 15. Turkmen SSR

Russia is in a transitional period, when “normal,” “constitutional” life has not yet been established and when the political crisis has not yet been settled. Days of storm and “complications” are ahead. And this gives rise to the movement, the present and the future movement, the aim of which is to achieve complete democratization.

It is in connection with this movement that the national question must be examined.

Thus the complete democratization of the country is the basis and condition for the solution of the national question. Continue reading