petej + globalisation   325

How to Be an Anticapitalist Today
Give up the fantasy of smashing capitalism. Capitalism is not smashable, at least if you really want to construct an emancipatory future. You may personally be able to escape capitalism by moving off the grid and minimizing your involvement with the money economy and the market, but this is hardly an attractive option for most people, especially those with children, and certainly has little potential to foster a broader process of social emancipation.

If you are concerned about the lives of others, in one way or another you have to deal with capitalist structures and institutions. Taming and eroding capitalism are the only viable options. You need to participate both in political movements for taming capitalism through public policies and in socioeconomic projects of eroding capitalism through the expansion of emancipatory forms of economic activity.

We must renew an energetic progressive social democracy that not only neutralizes the harms of capitalism but also facilitates initiatives to build real utopias with the potential to erode the dominance of capitalism.
anti-capitalism  capitalism  politics  livingStandards  inequality  poverty  growth  productivity  environment  crisis  revolution  socialDemocracy  reform  regulation  redistribution  globalisation  neoliberalism  anarchism  utopias  cooperatives  libraries  P2P  wikipedia  UniversalBasicIncome  dctagged  dc:creator=WrightErikOlin 
yesterday by petej
How Thatcherism produced Corbynism - UnHerd
In Britain, as elsewhere, the Thatcherite project was self-undermining. While the country Thatcher brought into being was very different from the one she inherited, it was nothing like the country she intended to fashion. Insofar as it ever existed, her Britain was a country of dutiful middle-class families prudently saving for the future. But rather than consolidating and expanding this middle class, she consigned it to the memory hole. More individualist, post-Thatcher Britain is also less bourgeois.

Aside from their homes, few middle-class people have assets of any importance. Beyond the public sector, pensions are dependent on the vagaries of the market. Without job security, much of the middle class lives only months from penury. Incomes have increased for many, but so has debt. While distancing Labour from its past and turning it into an overwhelmingly middle-class party, Tony Blair continued the hollowing out of middle-class life that Thatcher began.

A type of capitalism emerged in which the practices that shaped bourgeois life as it had been known in the past – saving for the future, pursuing a lifelong career, self-sacrifice for the sake of family stability – became redundant or dysfunctional. Adapting to ceaseless change came to be regarded as the primary virtue. Accelerating and accentuating processes that globalisation was driving anyway, Thatcher created a society she could not have imagined.
UK  politics  academia  tenure  Thatcher  Thatcherism  JosephKeith  Keynesianism  state  welfare  employment  individualism  neoliberalism  precarity  insecurity  post-industrialism  middleClass  Corbynism  TheLeft  globalisation  Brexit  referendum  PeoplesVote  farRight  dctagged  dc:creator=GrayJohn 
6 weeks ago by petej
Financial Globalisation Has Been a Disaster. Brexit Gives Us a Chance to Resist It | Novara Media
The left was right to campaign against leaving the EU in 2016. Based on the tenor of the campaign, it was clear the Leave campaign would embolden the xenophobes and nationalists that exist across the class spectrum in the UK. This prediction was proven chillingly correct with both the spike in hate crime that followed the referendum and the movement that has emerged around Tommy Robinson over the last few weeks. The left should deplore and, if necessary, physically resist such acts of violent racism.

But fighting fascism does not mean accepting globalisation. The fact is, working class people are right to be pissed off about global economic and financial integration – especially those in the places that have been most ravaged by it. Financial globalisation has led to the concentration of capital in a series of financial entrepots, more integrated into the global economy than they are with their own countries. Rather than using this capital for productive investment, these centres have repurposed it for the kind of financial wizardry that caused the 2008 crash. London is in many ways the global financial hub par excellence, with the City of London the vampire squid sucking on the face of the global economy.

The left should be making a case for Brexit that involves resisting financial globalisation, whilst welcoming immigrants from the parts of the world that have been most ravaged by both colonialism and free market neocolonialism.
finance  economics  politics  globalisation  financialisation  neoliberalism  anti-globalisation  IMF  WTO  protest  activism  StiglitzJoseph  KrugmanPaul  TheLeft  France  nationalisation  Greece  Italy  EU  Euro  singleMarket  UK  Brexit  referendum  campaigning  immigration  intervention  economy  dctagged  dc:creator=BlakeleyGrace 
june 2018 by petej
Notes From An Emergency
How is it that some dopey kid in Palo Alto gets to decide the political future of the European Union based on what they learned at big data boot camp? Did we lose a war?

Silicon Valley brings us the worst of two economic systems: the inefficiency of a command economy coupled with the remorselessness of laissez-faire liberalism.
nationalism  TrumpDonald  Europe  USA  SiliconValley  Facebook  Google  Amazon  Microsoft  Apple  monopolies  surveillance  personalData  security  authoritarianism  regulation  globalisation  tradeUnions  resistance  accountability 
may 2017 by petej
Ordoliberalism and the Death of Liberal Democracy – An Interview With Werner Bonefeld | Salvage
Catalonia and Scotland might liberate themselves respectively from Spain and England. That does in any manner change the conditions of social reproduction, as set out earlier. It does not transform Catalonia or Scotland into classless societies. It changes the situations in which social reproduction takes takes place. A dependent labourer from Glasgow, say, has more in common with a dependent labourer from Newcastle than with the Lord of Buccleuch. The identification of individuals with some transcendent values of the nation is regressive. It stinks of soil and blood.
Marxism  postFordism  Thatcher  Thatcherism  globalisation  neoliberalism  financialisation  nationalism  Catalonia  Scotland  Catalunya  ordoliberalism  democracy  theory  politics  interview  dctagged  dc:contributor=BonefeldWerner 
march 2017 by petej
Platform Capitalism and the Government of the Social. Facebook’s ‘Global Community’ | TRU
To sum it up, for me this letter makes it even more clear how Silicon Valley is formulating what Foucault would describe as a new ‘political rationality’ which takes on the legacy of liberalism and neoliberalism in identifying as the main problem the government of populations (billions of users), the maximisation of their social, political and cultural life, and the protection from ‘’risks’, ‘harms’ and ‘errors’ inherent in the circulation of information (false news, sensationalism, polarization, divisiveness, terrorism, climate change and pandemics). This is accomplished within a market economy that never questions ownership or accumulation. Together with the smart city movement, platform capitalism intensifies its vocation to become a new form of social government.
ZuckerbergMark  Facebook  socialMedia  platformCapitalism  filterBubble  misinformation  fakeNews  TrumpDonald  globalisation  politics  government  platforms 
february 2017 by petej The Year in Review: Verso authors reflect on 2016
While the financial class exacerbates its agenda fuelling unemployment and social devastation, the dynamics that led to Nazism are deploying worldwide. Nationalists are repeating what Hitler said to the impoverished workers of Germany: rather than as defeated workers, think of yourself as white warriors so you’ll win. They did not win, but they destroyed Europe. They will not win this time neither, but they are poised to destroy the world.

After two centuries of colonial violence, we are now facing the final showdown. As worker’s internationalism has been destroyed by capital globalisation, a planetary bloodbath is getting almost unavoidable.

After centuries of colonial domination and violence, the dominators of the world are now facing a final showdown: the dispossessed of the world are reclaiming a moral and economic reward that the West is unwilling and unable to pay. The concrete historical debt towards those people that we have exploited cannot be paid because we are forced to pay the abstract financial debt.
TrumpDonald  Brexit  politics  globalisation  capitalism  financialisation  fascism  war 
december 2016 by petej
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