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    How maths will destroy capitalism

    The consumerism-generating-capitalism- it usefully loyal, generating-consumerism cycle that characterises the developed or ‘Northern’ world depends on inequality, even as it purveys certain equalities, and is the main obstacle to tackling climate change, the most serious long-term problem facing humanity. Capitalism is struggling to maintain itself. In one formal sense this is good for equality. A crucial weakness of capitalism (not sufficiently noted by the Left) is that by relentlessly pushing its ‘free’ market into every corner of life to seek profit, it puts a cash-price on everything,and it thereby becomes a great social leveller: status, is replaced by capital or money as the measure of societal eminence. As a result, other than the great inequalities of money, we now live in communities with a level of personal and legal equality that was totally unimaginable throughout human history or even 40 years ago – for gender, sexual orientation, race, ‘legitimacy’, nationality, and religion, for example. Capitalism eschews the personal inequalities which torpid caste-based civilisations emphasised. Only money matters now. But the crucial point is that the promotion of personal equality by capitalism also causes constantly growing agitation by workers for a just share of their social production as they now see themselves as equal to their bosses. In response to this growing agitation for equality, the capital-owning class must react, like any ruling-class or mafia, in two ways: one section of the exploited must violently be repressed, the other will be bribed to keep inside. England, as one of the biggest imperialist powers has done this regularly and systematically. It did it in the 1819 Peterloo massacre of demonstrating workers. It did it in the 1840s when famine starved a million people in ireland while massive amounts of food were being exported under British army guard to Liverpool. Towards 1850 when Chartist agitation for equality again became strong in england, instead of violence the Corn Laws were dropped to allow imports of cheap food as the ‘bribe’ to quieten agitation. Colonies were brutally plundered by England’s imperialism to deliver bribes to English workers. Friedrich Engels noted this in a letter from 1882 to Kautsky: “English workers gaily share the feast of England’s colonies”. Ireland at this time was used as one source of those bribes as part of the effort to maintain the English working-class comfortable enough to forgo dangerous agitation, even to join the imperial army. But the equality drive continued, Ireland demanded and won independence, and after two diverting world wars and the likes of the Jarrow march in the 1930s, in the 1970s and 1980s there again arose agitation among the English working-class against capitalism’s economic inequality – most noticeably the 1974 and 1985 miners’ strike and opposition to the poll tax from 1990, in spite of the material benefits to the working classes third world imports of cheap food and raw materials. There was also strong, often violent agitation by the colonies, following Ireland and Viet Nam‘s example, for national liberation, for the equality of races and nations. This new agitation was a dangerous crisis for capitalism, and as there were no further colonies to plunder, a new source of wealth, beyond cheap food and raw materials, had to be found. Thatcher’s capitalism achieved this: up to the 1970s colonies were generally not allowed to manufacture, this was reserved for the North so that for example India was forced to send its raw cotton to England and to buy back spun and woven goods. The new policy was that the ex-colonies and third world in general needed to get the national liberation they were increasingly demanding and could then develop manufacturing on their low wages to export the new agitation-quitening bribe of cheap manufactured goods back to England. Reagan and the North in general did the same. Ireland had become part of this group, exploiting not exploited. This new system worked well and subsists: a surfeit of cheap manufactures from the southern nations, often produced by children working in horrible conditions, as the North’s diminishing manufacturing drifts toward a financial economy where billionaires speculate to produce damaging bubbles and get bailed-out when a bubble bursts, as Thomas Piketty notes in ‘Capital in the 21st Century’. The class-struggle, previously within nations, has become global, between nations. The ‘bribes’ mentioned are not just cash incentives, there is an intrinsic turbocharge for the enthusiastic wealthy consumer. Consumerism thrives when a worker in the US or Ireland receives the equivalent of $15/hr while the worker in, for example, China producing equally-sophisticated manufactured goods is only paid $2/hour. Capitalists gloat at the classic opportunities to trade the spoils, the only issue is the ‘terms’ of trade. A worker in the US or Ireland can trade one hour’s labour, in a shopping mall, for several hours of equal-quality Chinese labour. This looks like a winning gambler cashing in the chips. The more you shop for consumer goods the more your profit grows as you indirectly exploit foreign workers. This is the economic basis of that particular ‘buzz’ element of our Consumerist consciousness. The incentive is inbuilt, the process stacked to the advantage of consumers in the North. It is the instinctive grasp of this situation by a worker who is comfortable with capitalism that matters. a worker might exchange 30 minutes labour at a routine retail job for the price of a pair of imported jeans. the cotton must be: planted-grown-harvested-spunwoven-dyed-cut-sewn,then zips-pockets-hems-buttons- belt-loops-rivets-labels applied, and the lot transported. The same is true, though it is less obvious, if both workers are on car-assembly lines in their own countries. The consumerist ‘buzz’ arises from an unequal worker-to-worker relationship, not worker-to-capitalist. In striking contrast shopping for manufactured goods before 1980 felt like the much cruder experience of being mugged by capitalists as the wages earned exchanged for a less than equal amount of labour because when a worker shopped, those workers who produced the manufactured goods were in the same economic area and so were paid the same wage rate (the missing labour-value of course expropriated as profit by capitalists). This is why shopping for the working

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