Monday, 14 May 2012
The enigma of capitalism, and the inevitable flaws in its highest stage
European stock markets have slid as fears over the Greek economy grow and how this will affect the euro currency with £28.5 billion wiped from the value of London's leading shares index. Alexis Tsipras leader of the Syrizia party holds the key to Europe’s future this means that we are at a transition point and the Marxist Left has the political advantage as popular revolt rises across the European Union. Aleka Papariga and the KKE can either provide the momentum for a European wide resistance or they can be the break on forming a united European Left Front. The whole neo-liberal economic and neo-conservative political agenda has been in crises since the financial crash of 2007/8, whilst the capitalist classes desperately want to use the crisis to further consolidate their class power and increase their wealth by reducing the social-bundle of health care and welfare conceded to the working classes in the mid-20th century, since 2007 the peoples consent for this project has weakened as its ideological legitimacy has collapsed. With the crises comes a moment when people are looking at the ideology of neo-liberalism and neo-conservatism and capitalism in a way that hasn’t been possible for over thirty years. The European and Scandinavian Left could use this political and economic crisis in the same way the crisis of class power was used by right-wing theoreticians and politicians in the mid-1970’s to overturn the ideological legitimacy for social-democracy and welfare capitalism that had been the post-war settlement in the bourgeoisie democracies. We are witnessing a crisis of capitalism unfolding equal to the great depression that followed the financial crash of 1929. It’s up to the Marxist-Leninist Left whether this is the trigger for a socialist fightback or the last stand of social-democratic welfare capitalism. Jean-Luc Mélenchon and Pierre Laurent have shown the way forward in France now it’s up to Alexis Tsipras and Aleka Papariga in Greece to build a momentum and political and economic ideological legitimacy for a left alternative to the hegemony of the IMF, WTO, World Bank and the diktats of international finance capital.