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John Reimann wrote
If socialists were seriously following world developments and knew how
to handle perspectives, they would be explaining the irreversible
decline in the power of US capitalism. They would be explaining how only
the working class, organized as an independent global force, can even
start to prevent the global chaos that is developing. They would not be
so paralyzed by fear of supporting liberals that they dismiss these
developments. It doesn't mean socialists should support the liberal
capitalist order; it simply means it is disappearing no matter what the
capitalists do.
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This is good. I would add as well an understanding and articulation of
how with the persistent drop in the rate of profit, the turn toward
finance as the source of greater profitability and with financial power
thereby strengthened in a debtor economy, and the accompanying decline
in investment in the productive sectors of the US and triad economies,
the movement of production by the transnational corporations away from
the developed regions in search of greater profitability in the
productive sector through cheaper labor and favorable infrastructural
inducements in poorer regions, to the detriment of the triad countries'
tax base among other things, how with these basic developments that
decline in clout is not reaching critical mass - not yet - though
inexorable and accelerating.
I would add moreover the barriers to be overcome, in capital's partly
conscious, partly fortuitous but necessarily historically temporary
separation of the global working class by restricting labor mobility
from poorer to more wealthy regions, and the ability of capital to
sustain movable areas of cheap labor and a shifting global chain of
production that in turn produce invidious distinctions, which obstruct
militant labor organization across borders.
Then there's all the permutations of environmental destruction.
And we should return to a thorough analysis of the shift in corporate
global organization and actions, taking precedence over continuously
mapping the behavior of nation-states and their bureaucratic and
governmental personifications. Without knowledge of the first, no sense
can be made of the second, or of effective strategies for the left.
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