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★ Capitalism (I)

The media have discovered something they call ‘parliamentary sleaze’.  Yet this is one the most time honoured institutions of our mother of parliaments.  Many and varied are the ways in which corporate power in capitalist society cuts down all semblance of representative democracy in parliaments and local councils, but the most obvious of them all is buying the representatives.  If MPs are paid more by an ‘outside interest’ than by their constituents, then it follows that they will consider the interests of the corporation before those of their constituents.  The MP for Loamshire (£31,000 a year) prefers to be the MP for Blue Blooded Merchant Bank plc (£50,000 a year and rising).  Representation plays second fiddle to corporate public relations.

 

Before 1975 MPs didn’t even have to declare which firms paid them.  The Poulson scandal of the late 1960s and 1970s revealed a clutch of MPs using questions, motions, dining rooms and debates to promote the interests of the corrupt architect.  One MP had to resign, and the Register of Interests was set up.  No one took much notice of it, even during the 1980s as the number of consultancies, directorships and perks showered on MPs, almost all of them Tory, rose to obscene levels.  One Tory MP was so bemused by the way in which his colleagues were growing rich that he actually advertised for a company to take him on as a consultant.  The private dining rooms of the House of Commons – why are there private dining rooms there anyway? – became a huge commercial undertaking whereby corporations offered their customers the best food and drink, all consumed in an intoxicating atmosphere of democracy.  How wonderful to drink a toast to the hierarchies of the Hanson Trust after a glamorous dinner in the ancient seat of parliament!

 

By the mid-1980s the buying of MPs had become a public and obvious scandal.  No one noticed.  On and on it went, with the blessing of both prime ministers.  Thatcher and Major both used 10 Downing Street as another watering hole to pour booze down the gullets of generous donors to the Tory Party:

 

If parliament was indeed composed of representatives there should be no ‘outside interests’ whatsoever, MPs should, get their salary and not a penny more.  Their perks and trips abroad should be ruthlessly wiped out, and their activities subjected to the most rigorous public scrutiny and disclosure.  That is what the new House of Commons Privileges Committee should recommend.  But since the committee consists of seven Tory MPs, all with business interests, sitting in secret, the chances of even the mildest restrictions on rampant sleaze are spectacularly low.  Paul Foot, article November 1994, ‘Parliamentary Privilege’

 

 

Capitalism and democracy are always in conflict, and the history of all capitalist states that have conceded universal suffrage has been, in part at least, a history of that conflict.  What has happened in all those countries, including Britain, is that the forces of capitalism have conquered democracy, subdued it, suppressed its impact and left it to wither in irrelevance.  Paul Foot, The Vote

 

 

In his speech in the House of Commons debate on war with Iraq, Tony Blair allowed himself a rather rambling excursion into what he saw as the basic reasons for the conflict.  Perhaps unwittingly slapping down those of his ministerial colleagues who had likened Saddam Hussein to Hitler, he accepted that comparisons with the 1930s were not very relevant.  The real battle, he said, is not between relatively rich countries, as it was then.  Instead, the battle now is between civilised democracies like Britain and the United States and rogue regimes that could get control of weapons of mass destruction.

 

This analysis conveniently avoids the real reason for the world crisis – the growing division between rich and poor, between those who have enough money so that they enjoy democracy and those who have hardly any money, food or water, and therefore can’t.  Paul Foot, Born Unfree and Unequal

 

 

I have been struck by the ingenious and comprehensive methods by which capitalist society protects itself from the circulation of information.  The essence of that society is exploitation, and the facts and figures of that exploitation are wherever possible kept secret from the exploited.  This is not to say that there is nothing to discover. Especially in parliamentary democracies like ours, the published documents and broadcast statements provide a wealth of information about what is really going on, but all this is on the surface and therefore not very illuminating.  Paul Foot, Mordechai Vanunu, Israel’s Whistle Test

 

 

Of course it’s madness to have vast profits from oil on the one hand, and starving people who can’t afford food, let alone oil, on the other.  But that’s capitalism.  That’s the ‘right’ of people to do what they like with their own property.  And of course the people who are making those surpluses (and it includes shareholders in oil companies as well as the sheikhs and their hangers-on in Arabia) want their ill-gotten gains to ‘grow’ just as fast as possible.  So the ‘surpluses’ chase themselves round the world money markets looking for the highest interest rates, and the world’s poor people have to pay yet again in higher prices to keep the ‘surpluses’ growing.

 

As long as the people of the world pay service to the claimed ‘right’ of the propertied few to use their profits as they wish, the ‘recycling of oil surpluses’ to benefit the world’s poor stands not a snowball’s chance in hell.  Paul Foot, Three Letters to a Bennite, 1981

 

 

In a capitalist society there are always inequalities of class and wealth.  People who inherit money and property will always see themselves as being superior to those who have to work for it.  Sally Wentworth, Summer Fire 

 

 

There can be no equality or opportunity if men and women and children be not shielded in their lives from the consequences of great industrial and social processes which they cannot alter, control, or singly cope with.  Woodrow Wilson

 

 

Labor is prior to, and independent of, capital.  Capital is only the fruit of labor, and could never have existed if Labor had not first existed.  Labor is superior to capital, and deserves much the higher consideration.  Abraham Lincoln

 

 

There will soon come an armed contest between capital and labor.  They will oppose each other, not with words and arguments, but with shot and shell, gun-powder and cannon.  The better classes are tired of the insane howling of the lower strata and they mean to stop them.  William Tecumseh Sherman

 

 

If capitalism is fair then unionism must be.  If men have a right to capitalize their ideas and the resources of their country, then that implies the right of men to capitalize their labor.  Frank Lloyd Wright

 

 

Capital is dead labour which vampire-like lives only by sucking living labour, and lives the more, the more labour it sucks.  Karl Marx

 

 

The last capitalist we hang shall be the one who sold us the rope.  Karl Marx, variations

 

 

It has drowned the most heavenly ecstasies of religious fervour, of chivalrous enthusiasm, of Philistine sentimentalism, in the icy water of egotistical calculation.  It has resolved personal worth into exchange value, and in place of numberless indefeasible chartered freedoms, it has set up that single, unconscionable freedom free trade.  In one word, for exploitation, veiled by religious and political illusions, it has substituted naked, shameless, direct, brutal exploitation.  Karl Marx, The Communist Manifesto

 

And here it becomes evident that the bourgeoisie is unfit any longer to be the ruling class in society and to impose its conditions of existence upon society as an over-riding law.  It is unfit to rule because it is incompetent to assure an existence to its slave within his slavery, because it cannot help letting him sink into such a state that it has to feed him instead of being fed by him.  Society can no longer live under this bourgeoisie; in other words, its existence is no longer compatible with society.

 

The essential condition for the existence, and for the sway of the bourgeois class, is the formation and augmentation of capital; the condition for capital is wage-labour.  Wage-labour rests exclusively on competition between the labourers.  The advance of industry, whose involuntary promoter is the bourgeoisie, replaces the isolation of the labourers, due to competition, by their revolutionary combination, due to association.  The development of modern industry, therefore, cuts from under its feet the very foundation on which the bourgeoisie produces and appropriates products.  What the bourgeoisie therefore produces, above all, are its own grave diggers.  Its fall and the victory of the proletariat are equally inevitable.  ibid.

 

 

The capitalist gets rich, not like the miser, in proportion to his personal labour and restricted consumption, but at the same rate as he squeezes labour power out of others, and enforces on the labourer abstinence from all life’s enjoyments.  The drive is always to go on accumulating and exploiting long after the individual capitalist has stashed away a million times more cash than he can hope to spend on himself in ten lifetimes.  His motto is: ‘accumulate, accumulate!  That is Moses and all the prophets!’  Karl Marx, Capital I

 

 

The ideas of the ruling class are in every epoch the ruling ideas, i.e. the class which is the ruling material force of society, is at the same time its ruling intellectual force.  The class which has the means of material production at its disposal, has control at the same time over the means of mental production, so that thereby, generally speaking, the ideas of those who lack the means of mental production are subject to it.  The ruling ideas are nothing more than the ideal expression of the dominant material relationships, the dominant material relationships grasped as ideas.  Karl Marx, The German Ideology 1845

 

 

The circulation of capital realizes value, while living labour creates value.  Karl Marx

 

 

Private property has made us so stupid and partial that an object is only ours when we have it, when it exists for us as capital ... Thus all the physical and intellectual senses have been replaced by ... the sense of having.  Karl Marx

 

 

The rich run a global system that allows them to accumulate capital and pay the lowest possible price for labour.  The freedom that results applies only to them.  The many simply have to work harder, in conditions that grow ever more insecure, to enrich the few.  Democratic politics, which purports to enrich the many, is actually in the pocket of those bankers, media barons and other moguls who run and own everything.  Charles Moore 

 

 

This is what the bourgeois political economists have done: they have treated value as a fact of nature, not a social construction arising out of a particular mode of production.  What Marx is interested in is a revolutionary transformation of society, and that means an overthrow of the capitalist value-form, the construction of an alternative value-structure, an alternative value-system that does not have the specific character of that achieved under capitalism.  I cannot overemphasize this point, because the value theory in Marx is frequently interpreted as a universal norm with which we should comply.  I have lost count of the number of times I have heard people complain that the problem with Marx is that he believes the only valid notion of value derives from labour inputs.  It is not that at all; it is a historical social product.  The problem, therefore, for socialist, communist, revolutionary, anarchist or whatever, is to find an alternative value-form that will work in terms of the social reproduction of society in a different image.

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