Editorial from the November 2005 issue of the Socialist Standard
Editorial from the November 2005 issue of the Socialist Standard
BIG TECH AND THE STATE (ZOOM)
Speaker: Piers Hobson
Despite all the artificial intelligence, corporations bigger than states, and assertions of ‘technofeudalism’ replacing capitalism, the capitalist still seeks to maximise profits by exploitation and the state still acts as the executive committee of the whole capitalist class.
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The row about ‘reparatory justice’ for colonial slavery has rolled round again. Estimates of potential costs for using that expensive word ‘sorry’ vary from billions to tens of trillions. Up to 20% of UK wealth is slavery-related, but today’s rich beneficiaries certainly won’t be giving up their landed estates. Instead they insist that any reparations come out of ‘public money’.
Since ‘public money’ ultimately comes from capitalist profits, this amounts to a plan by the slaveholder descendants to spread the reparation cost across the entire owning class – like sharing a restaurant bill among 10 people, when only two of them ate.
Don’t feel sorry for the capitalists though. They all get rich through our wage slavery. Socialists don’t want reparations for that. We want revolution.
https://www.worldsocialism.org/spgb/
Budget Event Horizon
The vast black hole into which the nation’s
Wealth is being irresistibly drawn
Is unstable capitalism, grown
Through ever expanding depredations
Until it has consumed the entire world.
The gravity of its profit hunger
Is such, well-meaning policies no longer
Escape oblivion. Intentions hurled
Into its maw are destined to never
Be seen again. The exchequer must yield,
For the red box proves a pathetic shield:
Fiscal escape is a doomed endeavour.
All promises the chancellor made are hushed,
Fond hopes for change relentlessly crushed.
D. A.
Sixty two years ago saw the end of the Cuban missile crisis which lasted from the 16th to the 28th October 1962 when the confrontation between the USA and Soviet Russia go to the brink of embarking on a nuclear war with all the devastating consequences for the world that implies.
The threat of a global nuclear conflagration has not receded. More states have access to nuclear weapons than in 1962.The competitive nature of Capitalism continues to drive constituencies toward armed conflict in pursuit of its inherent aims. The world is an even more dangerous place today than it was in 1962.
As the piece below from the Socialist Standard from December 1962 points out, the crisis is over for the time being. Whilst capitalism continues the crisis is not, and cannot, ever be over.
‘So the crisis is over—for the time being! The Soviets have climbed down over Cuba and have withdrawn their missiles from that unhappy island. Everyone is sighing with relief and no doubt President Kennedy is congratulating himself on the success of his tough line. The press generally acclaimed him as the saviour of the peace, although it has been suggested in one journal at least, that there was no real Russian intention to fight over Cuba because the U.S.S.R. was just not ready for a shooting war yet. Russia, it seems, has run away to fight again another day.
Just what day, when and where, none can say—least of all the various opposing governments themselves. It is one of the terrifying aspects of the whole ghastly business that at the most we can only guess where the next trouble spot will be, and whether that will then trigger an explosion which will blow the world sky-high. Look back over the years since 1945. Berlin, Korea, Suez, Hungary, Lebanon, Formosa—the monster of war can rear its ugly head any place at any time and this is not to mention the smaller in-between conflicts such as Indochina and Algeria.
Cuba has simmered down for a while and maybe will move out of the headlines altogether, as the major capitalist powers find their attention diverted elsewhere. Who amongst us anyway would have risked a wager even six months ago that Castro’s Land would be the focal point in a crisis which edged the capitalist world perilously close to another horror?
And now there is India’s fight with China. This again is in a part of the world which has only recently become big news, as Capitalist China pushes her borders outwards in pursuit of her expansionist aims. She has been squabbling for some time over certain slices of Indian border territory and negotiations have dragged wearily on, but force is the final arbiter in the clash of opposing interests, as we have pointed out on many occasions.
The Indian affair highlights perhaps the most tragic irony of all, that of poverty stricken workers literally running to join the Indian Army in defence of their masters’ interests and in ignorance of their own. No need for conscription, said Mr. Nehru; his government could take its pick from millions of volunteers. But ignorance is not something peculiar to Indian or Chinese workers, or people in “backward” countries alone. It is a failing common to workers the world over, even though many of them may not join the army quite so enthusiastically as their Indian brothers.
Yet sooner or later ignorance will have to yield to the growth of Socialist knowledge and the realisation that war is not just a nasty accident but has its roots in the private property basis of modern society. It is an ever present menace so long as capitalism survives. The sordid squabbles over markets, trade routes and other considerations, give way eventually to armed conflict, but no working class interest is involved, and no social problem is solved by fighting. When each war is over, all that can be said is that countless workers have died to preserve the conditions for another holocaust later on. Someone once said that the next war really begins where the last one ends. We could not agree more.’
https://socialiststandardmyspace.blogspot.com/2018/10/the-conflict-that-is-capitalism-1962.html
The solution is not ‘fairer taxes.’ The solution is socialism where quality goods and services will be produced for use (free access) not profit.
‘… the charity Oxfam says they are being undermined by what it calls a “global oligarchy” of the super-rich who exert considerable control over the global economy – and who it blames for exacerbating problems like extreme inequality and climate change. “Today, the world’s richest 1% own more wealth than 95% of humanity. The immense concentration of wealth, driven significantly by increased monopolistic corporate power, has allowed large corporations and the ultrarich who exercise control over them to use their vast resources to shape global rules in their favour, often at the expense of everyone else,” the Oxfam report says.
The charity says international cooperation on issues like climate change and poverty is failing due to extreme economic inequality.
“The wealth of the world’s five richest men has doubled since the start of this decade. And nearly five billion people have got poorer,” said Nabil Ahmed, the director of economic and racial justice at Oxfam America, in an interview with VOA.
Fair taxes
The report urges fairer taxation of large corporations and the ultra-wealthy.
“We live in a world in which mega-corporations… are paying next to or little to no tax basically. Not like the small businesses, not like the rest of us,” Ahmed said.
“It’s such a phenomenal lost opportunity because we know governments, rich and poor, across the world need to claw back these revenues to be able to invest in their people, to be able to meet their rights,” he added.
Oxfam praises a campaign led by Brazil, which currently holds the presidency of the G20, to impose a 2% minimum tax on the world’s richest billionaires. Brazil’s government claims it would raise up to $250 billion from about 3,000 individuals, to pay for healthcare, education and tackling climate change.
A report by the French economist Gabriel Zucman, commissioned by Brazil, suggests billionaires currently pay the equivalent of 0.3% of their wealth in taxes.
The plan is backed by other members including South Africa, Spain and France. However, U.S. Treasury Secretary Janet Yellen spoke against the move at a G20 meeting in July.
“Tax policy is very difficult to coordinate globally and we don’t see a need or really think it’s desirable to try to negotiate a global agreement on that. We think that all countries should make sure that their taxation systems are fair and progressive,” Yellen told reporters.
Oxfam says tax revenues in the global south meanwhile are increasingly spent on servicing debt to private creditors like banks and hedge funds.
“This shift has exacerbated the debt crisis, further entrenching “debtocracy.” Compared with official creditors, private entities issue debt with shorter maturities and higher, more volatile interest rates,” the Oxfam report says.’
‘According to a recent World Bank report, global poverty reduction has more or less come to a standstill, with 2020–30 ‘set to be a lost decade’. One person in twelve in the world is in extreme poverty (living on less than $2.15 per day).
Two-thirds of the extreme poor live in sub-Saharan Africa, where in addition nearly everyone who is exposed to an extreme weather event will struggle to recover from it.
If current developments continue, it will take decades to eradicate extreme poverty. This in a world that wastes massive resources on wars and all the paraphernalia of the money system, where producing enough for all is achievable now.’
Occasionally on social media there are comments from pro-capitalist shills along the lines of you call yourself a socialist but you’re using commodities that are provided by capitalism. A totally spurious argument obviously. One that ranks along with describing the former Soviet Union and others as ‘communist’. Socialists will continue to use whatever platforms are possible to propagate the socialist case. The organisation listed in the piece below is yet another example of those who wish to control free speech and censor beliefs that don’t correspond to their particular world view. ‘Hate’, like other labels, is an emotive term used to shut down differing opinions.
‘The Center for Countering Digital Hate, a UK-based non-profit tied to the Labour Party, aims to “kill” Elon Musk’s X platform with help from top Democrats in Washington, according to internal documents leaked by a whistleblower. Musk has declared “war” on the organization in response.
In several monthly planners distributed to staffers this year, the Center for Countering Digital Hate (CCDH) lists “Kill Musk’s Twitter” as its top annual priority, according to files leaked to journalists Matt Taibbi and Paul Thacker a report claiming that advertisements could be seen alongside pro-Nazi posts on X. Musk called the report “manufactured,” and his lawsuit alleges that its sole purpose was to “drive advertisers from the platform and destroy X Corp.”
Musk purchased Twitter for $44 billion in 2022, rebranding the platform as X and rolling back most of its censorship policies. Within days of Musk’s purchase, the White House announced the creation of the now-defunct ‘Disinformation Governance Board,’ ridiculed by conservatives and free speech advocates as an Orwellian “Ministry of Truth.” A week later, the CCDH joined two dozen other liberal NGOs in calling for an advertiser boycott of X.
The CCDH was founded by Morgan McSweeney, chief of staff to British Prime Minister Keir Starmer and former director of Labour Together, a think tank closely associated with Starmer’s Labour Party. Labour Together has been advising US Vice President Kamala Harris’ election campaign, and more than 100 Labour Party activists are currently campaigning for Harris in the US.
CCDH CEO Imran Ahmed, who worked with McSweeney at Labour Together, aided Starmer’s rise to power by leading advertiser boycotts against his left-wing opponents. Among these opponents was ‘The Canary’, a leftist news site driven out of business over accusations of anti-Semitism from the CCDH and its subsidiary, ‘Stop Funding Fake News’.
In the US, the CCDH has lobbied the White House to censor Covid-19-related “disinformation,” unsuccessfully tried to get similar content banned from Substack, and led multiple campaigns against Musk.
According to internal documents, Ahmed is aware that the CCDH’s activities risk crossing a line between advocacy and lobbying, which is illegal for non- profits. Before scheduling meetings with lawmakers earlier this year, someone in the organization advised staff to “understand our limitations” as a non-profit organization, but still to “inch towards our goal of regulatory action.”
In a series of posts on X Musk pronounced the CCDH “a criminal organization,” and declared that “this is war.”’
Plato’s Cave Update
(Don’t Turn Off Your Device)
On the rear wall of Plato’s cave these days
Is mounted a LG OLED evo screen,
Best Quantum Matrix Technology seen
So far. And twenty-four-seven there plays
Corporate sport of all national flavours,
To fascinate those wearing the favours.
Wars and disasters, the various ways
People can be filmed dying, through a haze
Of smoke and dust. All too much? Flick between
Channels, no need to fret as the world’s been
Hermetically sealed behind glass, our gaze
Misdirected so our view never wavers.
Unless viewers wrest control of what occurs
They will remain simply passive voyeurs.
D. A.