Citizenship and Capitalism
Santiago Alba Rico – HERRIA-2000
Let’s start with a story.
Once upon a time there was a teacher who went on a journey and became lost in the desert. He walked and walked without coming upon either houses or food and after a few days he was so tired and famished that he sat down on the ground and began to talk with the rocks that surrounded him. He pleaded with them, he argued with them, he lectured them with conviction and patience. He passed many hours that way when suddenly a fairy passed by, her attention drawn by the strange behavior of our man.
“What are you doing?” she asked.
The teacher looked up proudly, a little annoyed by the interruption.
“I’m teaching these rocks to turn themselves into bread.”
“That could take quite awhile,” said the fairy. “It’ll go a lot faster with this.”
And she took a magic wand out of her bag.
The man, furious and disgusted, answered, “I’m a rational man. I don’t believe in magic.”
And turning his head, he continued to explain to three little rocks, the molecular composition of flour. Continue reading
Dorothea Lange, Damaged Child, Shacktown, Oklahoma – 1936
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Today Machetera presents a translation of Jorge Altamira’s excellent overview of the growing world economic crisis. It brings to mind Fidel’s description of how he became a communist, as told to Ignacio Ramonet:
On my own I came to the conclusion that the capitalist economy was absurd. What I’d already become, before I’d come into contact with Marxist or Leninist material, was a utopian Communist. A utopian Communist is someone whose ideas don’t have any basis in science or history, but who sees that things are very bad, who sees poverty, injustice, inequality, an insuperable contradiction between society and true development. And I also had an ethics; I told you that our ethics came fundamentally through Martí.
I was helped a very great deal by life, the way I lived, and the way I saw the way I lived. When people talked about the ‘crisis of overproduction’ and the ‘crisis of unemployment’ and other problems, I gradually came to the conclusion that the system didn’t work. The courses in History of Social Doctrines and Labour Legislation, which had texts written or compiled by people who’d been educated in theories of the Left, helped me to think more deeply about these things.
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The Worldwide Capitalist Crisis is Unstoppable
Jorge Altamira – In Defense of Marxism
In mid-February, Nouriel Roubini, a North American university professor whose words are followed closely in the financial trade and daily press, outlined twelve reasons to support his forecast of “a growing probability of a financial unwinding and economic ‘catastrophe’ from the banking crisis in progress” in the United States. In addition, he explained in blunter terms, his “pessimism about the ability of political and financial authorities to manage and contain a crisis of this magnitude.” According to Roubini, “one must prepare for the worst, in other words, for a systemic financial crisis.”(1) Inasmuch as the financial system is the crowning glory of the capitalist system, because it’s where all labor production acquires its value, Roubini’s warning makes clear the tendency toward dissolution of capitalist social relations and the inability of the present political system to deal with such a dissolution. It’s obvious moreover, that “an (unstoppable) financial systemic crisis” will not end at the North American borders. Continue reading
Posted in Economy, English translations, Fidel
Tagged banking crisis, capitalism, China, crash, dollar, euro, Fidel, overproduction, stock market