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On 10/18/2017 7:03 AM, Louis Proyect wrote:
https://www.bloomberg.com/view/articles/2017-09-20/why-workers-are-losing-to-capitalists
https://www.bloomberg.com/view/articles/2017-09-20/why-workers-are-losing-to-capitalists
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"No one would like to see capitalism transform into the kind of dystopia envisioned by Karl Marx. That’s why even though the decline in labor’s share has so far been relatively modest, economists are racing to diagnose the cause before the problem gets any worse."

Read: 'We have to shape up to ward off communism, the age-old bugaboo, the 'spectre haunting Europe'" - which has never been given a chance to prove its merits, because the terms of trade on which all depend for life-sustaining resources are rigidly dictated to all the globe by capital, and most importantly, the sources of true conditions are concealed and distorted by the capitalist kept press and monopolized popular culture, backed by overwhelming police and military coercion - and Marx envisioned a system which this Bloomberg hack cannot acknowledge for a moment, whatever he may by now understand.


"The IMF economists also predict that global financial integration should help alleviate the pressure on labor in poor countries. If American, European, Japanese and Taiwanese companies are able to invest in a developing country like China, the inflow of foreign money will boost incomes for local workers and compete down the profits of local capital owners."

Walt Rostow and his 'stages of growth' platform still being mindlessly channeled, after 65 years,  ignoring that 65 years later much of the planet's inhabitants lives on $2 a day or less, the disparity between North and South wage rates are falling not rising, and we're not one flea-hop closer to solving the world's, the climate's and the working class's pressing problems. And completely ignoring anything to the left of Rostow, Stiglitz or Krugman, such as John Smith's fine book 'Imperialism in the 20th Century,' which if any loutish, mouthpiece pundit would take the trouble to read, lays it all out plain and clear.

Here is what John Smith has to say about Rostow:

The Suppression of free labor mobility and the making of the South

The  proclaimed free movement of capital  and  commodities must also be applied to that which must be above all else: human beings. No more bloodstained walls like the one being constructed along the American- Mexican border, which costs hundreds of lives each year. The persecution of immigrants must cease! Xenophobia must end, not solidarity! —Fidel Castro, Durban, 2 September 1998

A facile analogy between the modernization processes taking  place in the Global South since the Second World War and the nineteenth-century development of capitalism in Europe and North America is central to capitalist  ideology in both its liberal and neoliberal  variants. Convergence between developing and developed nations was both the premise and the prediction of  Walter Rostow’s paradigm-setting The Stages of Economic Growth: A Non-Communist Manifesto, which argued that developing countries would naturally pass through the same stages of development as did Europe and North America a century earlier, from agrarian societies to industrialized societies, eventually attaining development and convergence with developed countries. Sixty-five years on, and only Taiwan and South Korea have risen from the ranks of developing nations, and the global crisis will test how secure is their grip on the higher rungs of the development ladder. Rostow’s seminal work helped to  turn this  deterministic  and Eurocentric  notion  into  the intellectual foundation both for the mainstream academic theories of development and for the policies promoted by imperialist governments and international financial institutions (IFIs) from the 1960s until now. Rostow argued that Europe’s takeoff resulted from internal processes:

'All that lies behind the breakup of the Middle Ages is relevant to the creation of the preconditions for takeoff in Western Europe. Among the Western European states, Britain, favored by geography, natural resources, trading possibilities, social and political structure, was the first to develop  fully  the  preconditions for takeoff. The more general case in modern history, however, saw the stage of preconditions arise not  endogenously  but  from  some external intrusion by more advanced societies.'

But is  it  true  that  Britain  and Europe’s  “takeoff ”  was  due to  endogenous factors alone, as Rostow asserts? Marx had a different view: “The veiled slavery of the wage laborers in Europe needed  the  unqualified slavery of the New World as its pedestal. . . . The treasures captured outside of Europe by undisguised looting, enslavement and murder flowed back to the mother-country and were turned into capital there."

Rostow presents the more recent external shocks triggering modernization processes in “traditional societies” as benign and progressive. In continuation of the earlier quote, he says: “These invasions—literal  or figurative—shocked the traditional society and began or hastened its undoing; but they also set in motion ideas and sentiments which initiated the process by which a modern alternative to the traditional society was constructed out of the old culture.”

But did the “invasions” of ideas, commodities, missionaries, and soldiers from “advanced societies” play a beneficent, progressive role, or did they create obstacles to progress? “Politically, the building of an effective centralized national state—on the basis of coalitions touched with a new nationalism, in opposition to the traditional landed regional  interests, the  colonial  power, or both, was a decisive aspect  of  the  preconditions period; and it was, almost universally, a necessary condition for takeoff.” But corrupt, kleptocratic elites often violently resisted change, and elites in the advanced nations—and states under their control—often colluded with  them, out of desire  to  continue plundering natural resources and exploiting cheap labor, or for fear of independent nation-states pursuing their own interests and making their own friends, or to crush rebellious subject populations, and often all three.

Rostow was well aware of this: “In . . . a setting of political and social confusion, before the takeoff is achieved and consolidated politically and socially as well as economically . . . the seizure of power by Communist conspiracy is easiest; and it is in such a setting that a centralized dictatorship may supply an essential technical  precondition for takeoff and a sustained drive to maturity.” In practice, the impulse to develop and  modernize  thus took  the  form  of  civil wars and wars of national Southern Labor, liberation, in which struggle against old and new forms of colonialism and neocolonialism meshed with struggles to overthrow domestic elites who  were  too afraid of  their subject  peoples to  dare  to  mobilize  their energies in a push for modernization and development. This, not Soviet expansionism, explains why the struggle for modernization  often  took the form of socialist revolution—for example, in China, Cuba, Vietnam. The pro-Moscow Communist parties often played a deeply ambiguous or even counterrevolutionary role in these struggles.

The rest is at http://resistir.info/livros/imperialism_john_smith.pdf pp. 105-7


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