The Greek Tragedy: Demonstration of the Current Death Agony of Capitalism

The Greek Tragedy:  Demonstration of  the Current Death Agony of Capitalism

Picture1Eurozone must not allow Greece to become another Lehman Brothers

 Despite the Urging of Compromise by the Liberal New Deal Capitalist Economists, at this stage, Capitalism and its Eurozone Ministers can/will not compromise on their austerity progroms upon the working class and their allies — the pauperization of the world.

In The Death Agony of Capitalism The Death Agony of Capitalism and the Tasks of the Fourth International and the Tasks of the Fourth International: The Objective Prerequisites for a Socialist Revolution, Leon Trotsky wrote:

The world political situation as a whole is chiefly characterized by a historical crisis of the leadership of the proletariat.

The economic prerequisite for the proletarian revolution has already in general achieved the highest point of fruition that can be reached under capitalism. Mankind’s productive forces stagnate. Already new inventions and improvements fail to raise the level of material wealth. Conjunctural crises under the conditions of the social crisis of the whole capitalist system inflict ever heavier deprivations and sufferings upon the masses. Growing unemployment, in its turn, deepens the financial crisis of the state and undermines the unstable monetary systems. Democratic regimes, as well as fascist, stagger on from one bankruptcy to another.

The bourgeoisie itself sees no way out. In countries where it has already been forced to stake its last upon the card of fascism, it now toboggans with closed eyes toward an economic and military catastrophe. In the historically privileged countries, i.e., in those where the bourgeoisie can still for a certain period permit itself the luxury of democracy at the expense of national accumulations (Great Britain, France, United States, etc.), all of capital’s traditional parties are in a state of perplexity bordering on a paralysis of will.

The ‘New Deal,’ despite its first period of pretentious resoluteness, represents but a special form of political perplexity, possible only in a country where the bourgeoisie succeeded in accumulating incalculable wealth. The present crisis, far from having run its full course, has already succeeded in showing that “New Deal” politics, like Popular Front politics in France, opens no new exit from the economic blind alley.

International relations present no better picture. Under the increasing tension of capitalist disintegration, imperialist antagonisms reach an impasse at the height of which separate clashes and bloody local disturbances (Ethiopia, Spain, the Far East, Central Europe) must inevitably coalesce into a conflagration of world dimensions. The bourgeoisie, of course, is aware of the mortal danger to its domination represented by a new war. But that class is now immeasurably less capable of averting war than on the eve of 1914.

All talk to the effect that historical conditions have not yet “ripened” for socialism is the product of ignorance or conscious deception. The objective prerequisites for the proletarian revolution have not only “ripened”; they have begun to get somewhat rotten. Without a socialist revolution, in the next historical period at that, a catastrophe threatens the whole culture of mankind. The turn is now to the proletariat, i.e., chiefly to its revolutionary vanguard. The historical crisis of mankind is reduced to the crisis of the revolutionary leadership.

In My 2008 essay, Occupy Wall Street Demonstrates The Need To Build An Organization of All Anti-Capitalist Forces!, I wrote:

The occupy movement is the only mass movement that recognizes this fact — it identifies the enemy of humanity as the 1% that own and control the wealth! (Unlike the trade union misleaders and the other misleaders of the oppressed who strive to be in Partnership with the 1%) The current bipartisan politics and economy of capitalism — its markets, its crises, its wars, and its contamination and destruction of the environment — all have a global character. Never before has this been so plain as today. World War II and its military deficit spending combined with the betrayals of the revolution and the world working class by the Communist and Social Democratic Parties and the trade union bureaucracies of the working class organizations, led to the recovery of capitalism from the last economic crisis brought about by the depression of the 1930s. Just as integration of the ‘American society’ was defined by Black Liberation activist, Dr. Julia Hare as the “The Illusion of Inclusion”. The New Deal resulted in “The Illusion of Inclusion” in the division of the wealth produced by society. In today’s world, this ‘trickle down theory’ has lost its illusion. The very ‘cure’ for the last Depression has led to the present crisis. As we enter this crisis, which French Premier François Fillon described as “the edge of the abyss”, there is no New Deal solution for capitalism — it cannot longer afford The New Deal. To paraphrase Leon Trotsky, The New Deal despite its first period of pretentious resoluteness, represents but a special form of political perplexity, possible only in a country where the bourgeoisie succeeded in accumulating incalculable wealth. The present crisis, far from having run its full course, has already succeeded in showing that New Deal politics, pens no new exit from the economic blind alley. . . “In an International Monetary Fund publication, Finance and Development, Boston University professor Laurence Kotlikoff tips readers off to this stark reality, which many of them undoubtedly already suspected. Kotlikoff told the Boston Globe and Mail that the United States national debt is not the $13.5 trillion that people around the world believe it is; rather, he estimates it at $200 trillion, or 840% of U.S. Gross Domestic Product.”  As Goes the Dollar So Goes the World, November 1, 2010

There is no longer any basis for support to reformism and its lesser evil politics.

Worldwide the capitalist class is socializing its debts and transferring its losses to the working class and the poor.

Now, in its search for profits, it is in a frenzy — stripping the working class and the poor of any and all assets.

This is what happened historically in the Roman Empire (Pax Romana) on its way to debt bondage and serfdom.

The only solution for capitalism, at this time, is the worldwide application of the Iron Heel, as described by Jack London in his book, The Iron Heel.”

In the present world, the rights of the capitalists to make a profit are in direct conflict with our basic rights. In this sense, the capitalist system has become a threat to humanity.

Jefferson’s words, from the Declaration of Independence, that human rights are unalienable, mean that these rights can never be superseded. At all points of conflict the rights of humanity to survive must supersede the right of the few to make a profit.

The, current crisis of capitalism, requires all of humanity to act collectively, in our overall interests for our survival as a species, to correct the problem and to remove the obstacle of capitalism. It requires a society where humanity has social, economic, and political control over the entire environment. Such a society, a socialist society, is needed to ensure that all decisions affecting the environment are under the democratic control of humankind so that the production of goods will be done for the needs and survival of humanity instead of the production and the destruction of humanity and other species for profit.

With common ownership of the means of production, and common control and protection of all property and wealth, science and society will be in harmony with the ecosystem and humanity’s future.

With these goals we can begin to build a more effective environmental movement. As we continue to organize against capitalism and its destructive course, we can and will transform the world.

February 2015