The crushing consensus on austerity

The news of a third bailout deal for Greece has been a dagger in the heart of many on the left- not only in the country itself but all over, including in America. Facing an incredibly powerful, entrenched economic system, success against banking interests elsewhere are an important morale booster. The joy of SYRIZA winning the January election has been completely wiped clean. Its campaign promise of ending “blackmail” and “humiliation of the Greek people” are proven hollow. The only successful response to the financial crisis in Europe was the decisions of Iceland to nationalize banks, forgive debt, and strict capital controls. Other countries in Europe recovered quickly, yes, but creditor countries like Germany with strong control of the financial institutions that dictate monetary and fiscal policy are different from countries like Spain and Greece drowning in debt.

The path of Iceland seems similar to what has been proposed by SYRIZA’s Left Platform. What will become of the Left Platform? It seems that they are likely on the way out- many were rebelling at a previous, less harsh austerity package put before Parliament. For the past few years I have been impressed at the degree of left-wing unity within the party, with social democrats existing in the same structure as hard-left Maoists and eco-socialists. However, the last few months have shown that the largest component, the Prime Minister’s more moderate group, has carried the day and negotiated something similar to what center-left Pasok has. It serves as a warning to all attempts to construct a popular front- socialist unity is key to creating legitimate political alternatives, but if the party itself has a very fundamental divide, the radicals may end up providing political support for something they would never have tolerated if it has come from the usual sources.

Shining like ten thousand suns is the truth about SYRIZA: it is unable to have a coherent, substantively different alternative about austerity. In a country like Greece where austerity is the driving force of all social and economic issues- from poverty to the rise of far-right politics- there is no policy position more important.

Beyond Greece, radical politics in other countries like Spain are dealt a terrible blow. The Podemos party along with the socialist left were looking to be the “Spanish Syriza“. It is jarring to see that phrase turn toxic so quickly. Seven years into the debt crisis and there has still not been a major country in Europe that has developed a plan for liberation. The technocrats in the European Central Bank and the IMF carry the day, having never truly been challenged.

There will be more chances, of course, because austerity will drag this crisis out for many, many years to come. These zombie banks in debtor countries that are being eternally propped up with borrowed money, allowing finance to be valued above people.

Neoliberalism has been one of the most destructive ideologies in the past century. While the club is mostly just fascism and Stalinism, neoliberal policies by the IMF completely destroyed countries in Africa and Latin America. Note that when Greece missed its payment to the IMF a few weeks ago, the phrase was that Greece was the first developed country to default. Developing countries have default dozens of times, some like Argentina have do so often that it becomes predictable. The sun rises in the east, the Pope is still Catholic, and Argentina is underwater financially again. What has been different about neoliberalism from fascism is a sense that fascism could be (and has) been defeated- both in war and through regular politics. Because of the sorta-factual, academic veil that exists with neoliberalism, the narrative has always been it is an inevitable progression of human civilization. Phrased that way it is a capitalist clone of the Marxist theory of history, which is similarly rigid and presented as science.

A reason I joined a socialist organization is that there are now real attempts to go on the offensive and dispute the seeming inevitability of globalization, a race to the bottom, and stark inequality. The move for a $15/hr minimum wage all over the United States is a very rare thing indeed: business interests, large corporations, conservative politicians and everyone else who made a huge fuss about it didn’t win. They won some caveats, but they lost the biggest battle. It was an offensive campaign by workers and regular people.

SYRIZA did not find their own offensive campaign against austerity. A group within their own party had a plan, but the economics of the banks and their political allies won out over resistance.

It is a sad day for Greece, but it is not the end. If the people do not end austerity, austerity will end them.

2014 in review

 

Thanks to all who have read some part of this blog in 2014. Though this isn’t a blockbuster website, traffic did quadruple from 2013, which itself quadrupled from 2012. There is now a fairly active Twitter account tied to the blog (@MackayUnspoken), and almost 300 people subscribe through WordPress.

More content in 2015. There’s still chaos in central Africa, eastern Ukraine, and the Rohingya areas of Myanmar. Mass protests have stalled in Hong Kong, while radical left-wing party are on the brink of seizing power in Greece and Spain. We still live in an age of austerity, growing inequity, and environmental disaster. There is so much more to write about, because so much lies beyond the scope of cable news and social media. Immense problems need radical solutions.

Take care, looking forward to all this.

 

Here’s an excerpt:

A New York City subway train holds 1,200 people. This blog was viewed about 8,100 times in 2014. If it were a NYC subway train, it would take about 7 trips to carry that many people.

Click here to see the complete report.

Providing a real-world alternative to capitalism

R. C. Smith at Heathwood Press has been producing a large amount of writing on critical theory and alternatives to traditional communism and current capitalism. In the first section of this piece published today he talks about the failure of the traditional left to challenge capitalism – which exists in many places because it is viewed as the only viable option. Here’s a particularly important quote:

Moreover, it is the ‘left’ today that exists in delusion, apathetic to the concerns of the ‘average citizen’. It is the left that needs to change its approach and fundamental philosophy. If the communist and socialist movements of old are no longer trusted by a vast majority of people, this is because in history they have left little reason for trust, often historically betraying their own manifesto promises and resulting in unspeakable barbarity. Until the communist movement as a whole moves beyond its many false Idols and the proposing of abstract ideas and starts advocating actual concrete, viable alternatives, it will never gain any ground … in what way and for what reason is there enough actual theoretical and practical substance on a foundational level to consider communism (as presently defined) an actual option in the 21st Century?

I’ve written a couple of similar critiques of the American left (here and here) focusing on how protests are hijacked and groups divided by extremist groups like the Revolutionary Communist Party and the Workers World Party. I think Smith’s point is key- having superior theory doesn’t count for much if you want real-world change. Regular people need concrete reasons to support a system besides modern capitalism.

sin fronteras

sin fronteras! a rallying cry;
of those draped in black;
and red;
luchamos in an indifferent world;
one that has long forgotten;
the dreams of Catalonia;

they hoist a flag emblazoned;
with that iconic image of Che;
now printed in the thousands to;
adorn the walls of college dorms;
a revolution turned commodity;

the modern world has lost the chains;
but decided to keep the poverty;
and so the few still chant;
perhaps tomorrow yields a better world;