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Showing posts with the label state

Political Economy

A very illuminating interview. "The Fundamental Questions About Capitalism Seem to be Coming Back" An example from the US and UK that the effects are asymmetrical. The BBC here does not mention any socio-economic background (education, marginalisation, inequality, overlapping of race and class.) which is structural and precedes the current pandemic for a long time. Are minorities being hit harder by coronavirus
 “PPE is seen as part of the apparatus of the state … privilege connected to public service” – at a time when fewer and fewer voters believe such a thing is possible. Once widely regarded as “highly qualified people with good intentions”, as Davies puts it, PPE graduates are now “bogeymen”. How did a mere undergraduate degree become so important? The Oxford degree that 'runs' Britain
Well, you can argue for whatever you think as long as you don't question the fundamental context in which, siyasa, fiqh, maslaha, 'democracy', state, etc operate or determined, i.e. as long as you don't question how the socio-economic structure relates to social justice and law, ownership and social relations and powers. Ms Landes, correctly referred to the "Islamic governments" of the pre-colonial era, but ignored the global entrenchment of the capitalist system in today's "Muslim societies". How can one question the euro centric concepts without questioning capitalist "democracy"?  It's the limit of the liberal thinking. "How to create an Islamic government — not an Islamic state"
"The State is a relation of men dominating men, a relation supported by means of legitimate (i.e. considered to be legitimate) violence." — Max Weber, 'Politik als Beruf' (1919) Note: Weber, unlike Marx ang Engels, substitutes "class" by the individual/individuals.
"In the same way that Robinson [Crusoe] was able to ob­tain a sword, we can just as well suppose that [Man] Friday might appear one fine morning with a loaded revolver in his hand, and from then on the whole relationship of violence is reversed: Man Friday gives the orders and Crusoe is obliged  to work. . . . Thus, the revolver triumphs over the sword, and even the most childish believer in axioms will doubtless form the conclusion that violence is not a simple act of will, but needs for its realization certain very concrete preliminary con­ditions, and in particular the implements of violence; and the more highly developed of these implements will carry the day against primitive ones. Moreover, the very fact of the ability to produce such weapons signifies that the producer of highly developed weapons, in everyday speech the arms  manufac­turer, triumphs over the producer of primitive weapons. To put it briefly, the triumph of violence depends upon the pro­duction of a...
"Chesnais finishes his book with two themes. One is a lament on the lack of Marxist study in universities and the lack of journals in which Marxist studies of capitalism can be published. This is true enough, and I am glad not to have been an undergraduate university student in the past few decades! Even apparently radical journals such as the UK’s  Cambridge Journal of Economics  are basically rather conservative in outlook, and are dominated by a facile Keynesian approach that dismisses a Marxist perspective out of hand if it upsets their advocacy of ‘progressive’ policies for the capitalist state to consider. Repeating radical consensus nonsense will get a pass; revealing the imperial mechanism of power has to jump a hundred hurdles to be an acceptable journal article. Such is the almost universal climate in academia today, despite the evidently destructive outcomes from the system they claim to be analysing. [6]  Ironically, this is why the most trenchant and incisiv...
" A careful assessment of the  Bolivarian Revolution  reveals that Chávez’s socialism only ever manifested itself rhetorically: real gains like income redistribution proved compatible with the global capitalist order." Why Twenty-First Century Socialism Failed
"War is the continuation of business by other means." — Bertolt Brecht  "War is business and business is good for America," [ Britain, France, Germany, Russia, Canada, Israel, and others] "The latest Global Peace Index report finds that the economic impact of violence to the global economy was $13.6 trillion in 2015 in terms of purchasing power parity (PPP). This is equivalent to $5 per day for every person on the planet, or 11 times the size of global foreign direct investment (FDI). The toll of violence is typically counted in terms of its human and emotional cost, but the financial damage to the economy is yet another additional factor to consider. When counting the economic impact one must look at the costs of preventing and containing violence, as well as measuring its consequences. This is important because spending on containing violence, while perhaps necessary, is fundamentally economically unproductive. How do you "add up" the cos...