Tag: commodities

STUDYING DAS KAPITAL: Part 1 (of 8)

Tina Marie (Ms. Cat)

I can’t argue with William Roberts. Reading Capital, Volume 1, feels like Hell. Marx, in the French preface, likens the reading to the climbing of a mountain. I’m taking baby steps, though.

There is no royal road to science, and only those who do not dread the fatiguing climb of its steep paths have a chance of gaining its luminous summits.

Preface to French Edition

STUDYING DAS KAPITAL: Part 1 (of 8)

William Roberts argued persuasively in his book “Marx’s Inferno” that Karl Marx structured Das Kapital Volume 1 to parallel Dante’s Inferno. Look over the diagram below which is taken from Robert’s book.

Study Guide

A Permanent Arms Economy

Tina Marie (Ms. Cat)

The background to the article reprinted here is the “long boom” of western capitalism during the 1950s and 1960s. It first appeared in International Socialism journal in Spring 1967. On the surface it appeared that the capitalist system had stabilised itself, had broken out of the boom-slump cycle and was now able to offer the workers of Western Europe and North America a steady increase in living standards.

This was a frustrating world for Marxists, who found themselves subject to two temptations. One was to surrender to the claims poured out by the system’s apologists that capitalism had solved its problems and that the path of gradual reform offered a sure road to socialism. The other was to deny the obvious signs of stability and prosperity and assert that capitalism was on the verge of imminent, catastrophic collapse. If these temptations were to be avoided, and Marx’s analysis of capitalism’s contradictions was to hold, then the long boom must be explained.

A Permanent Arms Economy

“The more of himself man attributes to God, the less he has left in himself.”

Tina Marie (Ms. Cat)

Estranged Labour

All these consequences are implied in the statement that the worker is related to the product of labor as to an alien object. For on this premise it is clear that the more the worker spends himself, the more powerful becomes the alien world of objects which he creates over and against himself, the poorer he himself – his inner world – becomes, the less belongs to him as his own. It is the same in religion. The more man puts into God, the less he retains in himself. The worker puts his life into the object; but now his life no longer belongs to him but to the object. Hence, the greater this activity, the more the worker lacks objects. Whatever the product of his labor is, he is not. Therefore, the greater this product, the less is he himself. The alienation of the worker in his product means not only that his labor becomes an object, an external existence, but that it exists outside him, independently, as something alien to him, and that it becomes a power on its own confronting him. It means that the life which he has conferred on the object confronts him as something hostile and alien.

Related:

Economic and Philosophic Manuscripts of 1844

Leaks expose secret British military cell plotting to ‘keep Ukraine fighting’

Tina Marie (Ms. Cat)

Leaked files show top UK military figures conspired to carry out the Kerch bridge bombing, covertly train “Gladio”-style stay-behind forces in Ukraine, and groom the British public for a drop in living standards caused by the proxy war against Russia.

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Project Alchemy’s proposed schemes spanned every conceivable field of warfare, from cyber attacks to “discreet operations” to outright terrorism. The secret cell even put forward a plan to “aggressively pursue” and “dismantle” independent media outlets – including The Grayzone – through an aggressive campaign of legal harassment and online censorship, so they “would be forced to close.” The incendiary blueprints were fed to the highest levels of the British state and national security structure, where they were apparently well-received.

Leaks expose secret British military cell plotting to ‘keep Ukraine fighting’

The US Dollar Can No Longer Threaten China and Russia

Tina Marie (Ms. Cat)

In 2022, the US kicked Russia out of the SWIFT system, causing significant losses for Russian businesses and ordinary citizens. Even Switzerland’s traditionally neutral banks joined this looting. The monopoly over the financial system and global currency once gave the U.S. and EU such capability, but at the 2024 BRICS summit, Western countries permanently lost this advantage.

The US Dollar Can No Longer Threaten China and Russia

Previously:

Russia outlines proposal for BRICS DLT cross border payment system

Russia outlines proposal for BRICS DLT cross border payment system

Tina Marie (Ms. Cat)

A new research paper out of Russia proposes the future of the international monetary and financial system. The country is the current chair of BRICS which is meeting next week. One of its proposals is a CBDC and DLT system to support local currency payments. While the paper makes some interesting points, the mixture of fact and propaganda undermines the document’s gravitas. The document was authored by the Ministry of Finance, the Bank of Russia and Yakov and Partners.

Russia outlines proposal for BRICS DLT cross border payment system

To Be a Socialist One Must Be an Anti-Imperialist

Tina Marie (Ms. Cat)

Since the writing of The Communist Manifesto and the founding of the First International, proletarian internationalism has been a cornerstone of scientific socialism, and is a pillar of Marxism-Leninism. Today, in the era of imperialism, putting genuine proletarian internationalism into practice demands that we be consistent anti-imperialists.

To Be a Socialist One Must Be an Anti-Imperialist

Philippines counts the cost of tough South China Sea stance against Beijing

Tina Marie (Ms. Cat)2 Comments

Philippines counts the cost of tough South China Sea stance against Beijing

The Philippines has become a laboratory in responding to Beijing on the South China Sea row, taking the most risk but showing inconsistency and underwhelming results thus far. Its predicament explains why other Southeast Asian claimant states remain unlikely to follow its lead. The tepid reaction to Manila’s pitch for an Asean claimants-only Code of Conduct is indicative.

As had happened in the past, lost economic opportunities and further erosion of Manila’s position in the flashpoint, relative to other disputants, may lead to a possible policy reversal in handling the maritime tiff come the 2028 presidential election.

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Last year, the Philippines began to expose China’s illicit actions in the disputed waters. It inserted reporters in routine patrols and resupply sorties to document interference by the Chinese coastguard and maritime militia ships. The idea is to rally local and international support and impose reputational costs on Beijing. [Project Myoushu AKA Transparency Initiative]

This approach made strides in rousing public backing for Manila’s defence build-up, a stronger alliance with the United States, and a tougher stance against China. However, it also contributed to polarising domestic politics, affecting people-to-people ties and diminishing Chinese economic interest in the Philippines. Meanwhile, Beijing remains unmoved, weathering reputational costs and continuing to wield a capacity for escalation in the South China Sea.

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During Xi’s visit to Hanoi last December, both sides vowed to upgrade the Kunming-Haiphong rail line. In contrast, Chinese funding for three rail projects discussed during the previous Duterte government is already dead in the water. China is unlikely to become a strong partner for President Ferdinand Marcos Jnr’s Build Better More infrastructure programme.

Losses in the tourism sector have also become evident. In 2019, before the pandemic, China was the Philippines’ fastest-growing tourist market, with more than 1.7 million arrivals, or a 21.1 per cent market share, just behind South Korea. Last year, as countries in Asia raced to benefit from the return of Chinese tourists, the Philippines only welcomed over 260,000 tourists from China, with the market share shrinking to just 4.84 per cent.

Ironically, for all the talk about Duterte’s China policy as appeasement, it was under his watch that the Philippines made the biggest upgrade in infrastructure in the Spratlys since the 1970s. He also invested in modernising the country’s military, procuring modern frigates from South Korea, multirole response vessels from Japan and cruise missiles from India. All these happened while relations with China remained stable.

Another irony is that while Manila celebrates every resupply mission to the Second Thomas Shoal that successfully eluded the Chinese blockade, Vietnam is busy doing substantial reclamation on its Spratly outposts and gearing for a potential second airfield, with reportedly little interference from Beijing. [Bueller?]

These should offer plenty of insights as the strategy of the Philippines over the maritime squabble evolves.