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BLM Marxism and the Emerging Alliance With Global Corporate Crony Capitalism.
Episode 54. July 24, 2020
CLP Topic Category: Crony Capitalism
BLM Marxism and the Emerging Alliance With Global Corporate Crony Capitalism.
Introduction.
Our podcast today is titled BLM Marxism and the Emerging Alliance With Global Corporate Crony Capitalism and it extends the analysis of Richard D. Wolff, in his Salon article, “How racism became the essential tool for maintaining a capitalist order” by placing BLM Marxism within the conventional Marxist analytical methodology of its critique of capitalism.
In other words, we use Wolff’s standard Marxist class conflict theory to explain that the BLM alliance with crony capitalism is best understood as the capitalist class co-opting BLM with the tool of racism, in order to perpetuate global capitalism.
We argue that the recent crony corporate capitalist endorsements of the use of the term “systemic racism” enables the capitalist class to reproduce itself by continually pointing out to BLM that their conditions of oppression are caused by racism, not global crony capitalism.
Wolff notes,
“Employers (capitalists) played on racialized differences to keep employees (workers) from unifying against them. The bitter competition between Black and white workers acts as a shock-absorber for cyclically scarce jobs… capitalism fostered and benefited from racism.”
To paraphrase Wolff, the capitalist class pits Blacks against Whites to act as a shock absorber for the lack of jobs and choice provided under the older form of monopoly capitalism.
Wolff’s Marxian methodology must be updated from the older interpretation of monopoly capitalism to incorporate the newer concepts of global corporate cronyism.
Marxian theory predicted that the older forms of monopoly capitalism had internal contradictions that would, eventually, consign capitalism to the trash heap of history.
We argue that monopoly capitalism has been replaced by crony corporate global capitalism.
The earlier concept of “working class” in monopoly capitalism must be updated to incorporate the group identity ideology that all social groups are exploited by the capitalist class.
In the newer version of crony capitalism, the capitalist class includes all white people, not simply the White cops or the White owners of production capital.
The concept of exploitation and increasing misery of the oppressed groups must be updated to include the newer concept of the neo-slavery of global crony capitalism.
In the neo-slavery of global corporatism, oppressed people have no choice but to submit to the economic choices, including unemployment and poverty, offered by corporations.
The concept of democracy as citizen participation in collective political decisions must be changed to mean equality of incomes, as determined by the elites in the vanguard political party.
With these modifications to traditional Marxist theory, the dialectics of two seemingly incompatible world views, the BLM Marxist view of America as systemically racist, and the crony capitalist view that democratic structures and competitive markets are inferior to a seamless global, totalitarian government, can be more easily reconciled.
The synthesis between the two seemingly incompatible world views is through the joint understanding and agreement by both parties that the Chinese Crony State Communism model represents the best economic model to replace the free enterprise, individualistic model.
The traditional Marxian theory offers both an economic theory of the capitalist’s use of profits obtained through exploitation of the worker, and a theory of history, called the "materialist conception of history.”
The truth of the Marxian historical prediction was never verified because capitalism never died, like Marx predicted. Capitalism kept reinventing itself, and seemed to reincarnate into new forms that defied the Marxian historical prediction.
The reason for the recent failure of historical materialism is that the older monopoly capitalism, of the 1960s, morphed into global corporate crony capitalism, of the 1990s, which uses state propaganda of systemic racism to direct the benefits of the global economic system to themselves.
In Marxist thought, the “state” is the same thing as the “Swamp.”
Marx explained that the state is a powerful institution of the ruling class that uses the state apparatus to secure obedience to rules and to enforce its preferred relations of production and exploitation.
The economic part of Marxian theory predicted that scientific socialism, at the end of history, would replace monopoly capitalism.
The modern form of scientific socialism is the model of Chinese Communism.
In the socialist logic of social construction of reality, communism, as an ideal end state, already exists in the imaginations of socialists, and it is manifested, or made real, by the existence of Chinese communism.
Marx stated,
"Communism is for us not a state of affairs which is to be established, an ideal to which reality [will] have to adjust itself. We call communism the real movement which abolishes the present state of things. The conditions of this movement result from the premises now in existence".
Communism, as an end state, exists for socialists, in the same way that heaven exists for Christians. In Christian thought, a believer deeply believes in the existence of heaven, but the person must die in order to get to heaven.
In Marxism, BLM Marxists deeply believe that socialism is better than capitalism, but capitalism must die in order to get to communism.
Communist heaven looks like nirvana to socialists. Communist heaven would abolish all exploitation and all social hierarchy.
After the revolution, all social classes would disappear. The state would wither away, as politics ceased to exist.
In communist nirvana, technology would be “inherited” from capitalism, in the same way that the Chinese “inherit U. S. technology,” and the inherited technology would be used to produce plenty for all.
This concept of Chinese communist heaven is the end goal of BLM Marxism.
The two parts of the Marxian theory are in conflict with each other. Capitalism, in materialist history, did not die, and the heaven of scientific socialism, in Marxist economic theory, already exists in the end state of Chinese crony state communism.
The crony capitalist are dangling this concept of Chinese communist heaven in front of the BLM Marxists to co-opt the socialist revolution.
Our podcast today is the introduction to a much longer article, available for free, for one week, at www.clpnewsnetwork.com
The other sections of the longer article include:
Section 1. The Co-option of BLM.
Section 2. The Similarity Between Chinese Crony Communism and American Crony Capitalism.
Section 3. The New World Order of Global Collectism.
Conclusion. The Emerging Global Corporate Crony Capitalism.
The full text and audio of the most recent podcast is available for free at clpnewsnetwork.com. The entire text and audio archive of all the CLP News Network podcasts are available for an annual subscription of $30.
View all episodes
By CLP News Network with Laurie Thomas VassEpisode 54. July 24, 2020
CLP Topic Category: Crony Capitalism
BLM Marxism and the Emerging Alliance With Global Corporate Crony Capitalism.
Introduction.
Our podcast today is titled BLM Marxism and the Emerging Alliance With Global Corporate Crony Capitalism and it extends the analysis of Richard D. Wolff, in his Salon article, “How racism became the essential tool for maintaining a capitalist order” by placing BLM Marxism within the conventional Marxist analytical methodology of its critique of capitalism.
In other words, we use Wolff’s standard Marxist class conflict theory to explain that the BLM alliance with crony capitalism is best understood as the capitalist class co-opting BLM with the tool of racism, in order to perpetuate global capitalism.
We argue that the recent crony corporate capitalist endorsements of the use of the term “systemic racism” enables the capitalist class to reproduce itself by continually pointing out to BLM that their conditions of oppression are caused by racism, not global crony capitalism.
Wolff notes,
“Employers (capitalists) played on racialized differences to keep employees (workers) from unifying against them. The bitter competition between Black and white workers acts as a shock-absorber for cyclically scarce jobs… capitalism fostered and benefited from racism.”
To paraphrase Wolff, the capitalist class pits Blacks against Whites to act as a shock absorber for the lack of jobs and choice provided under the older form of monopoly capitalism.
Wolff’s Marxian methodology must be updated from the older interpretation of monopoly capitalism to incorporate the newer concepts of global corporate cronyism.
Marxian theory predicted that the older forms of monopoly capitalism had internal contradictions that would, eventually, consign capitalism to the trash heap of history.
We argue that monopoly capitalism has been replaced by crony corporate global capitalism.
The earlier concept of “working class” in monopoly capitalism must be updated to incorporate the group identity ideology that all social groups are exploited by the capitalist class.
In the newer version of crony capitalism, the capitalist class includes all white people, not simply the White cops or the White owners of production capital.
The concept of exploitation and increasing misery of the oppressed groups must be updated to include the newer concept of the neo-slavery of global crony capitalism.
In the neo-slavery of global corporatism, oppressed people have no choice but to submit to the economic choices, including unemployment and poverty, offered by corporations.
The concept of democracy as citizen participation in collective political decisions must be changed to mean equality of incomes, as determined by the elites in the vanguard political party.
With these modifications to traditional Marxist theory, the dialectics of two seemingly incompatible world views, the BLM Marxist view of America as systemically racist, and the crony capitalist view that democratic structures and competitive markets are inferior to a seamless global, totalitarian government, can be more easily reconciled.
The synthesis between the two seemingly incompatible world views is through the joint understanding and agreement by both parties that the Chinese Crony State Communism model represents the best economic model to replace the free enterprise, individualistic model.
The traditional Marxian theory offers both an economic theory of the capitalist’s use of profits obtained through exploitation of the worker, and a theory of history, called the "materialist conception of history.”
The truth of the Marxian historical prediction was never verified because capitalism never died, like Marx predicted. Capitalism kept reinventing itself, and seemed to reincarnate into new forms that defied the Marxian historical prediction.
The reason for the recent failure of historical materialism is that the older monopoly capitalism, of the 1960s, morphed into global corporate crony capitalism, of the 1990s, which uses state propaganda of systemic racism to direct the benefits of the global economic system to themselves.
In Marxist thought, the “state” is the same thing as the “Swamp.”
Marx explained that the state is a powerful institution of the ruling class that uses the state apparatus to secure obedience to rules and to enforce its preferred relations of production and exploitation.
The economic part of Marxian theory predicted that scientific socialism, at the end of history, would replace monopoly capitalism.
The modern form of scientific socialism is the model of Chinese Communism.
In the socialist logic of social construction of reality, communism, as an ideal end state, already exists in the imaginations of socialists, and it is manifested, or made real, by the existence of Chinese communism.
Marx stated,
"Communism is for us not a state of affairs which is to be established, an ideal to which reality [will] have to adjust itself. We call communism the real movement which abolishes the present state of things. The conditions of this movement result from the premises now in existence".
Communism, as an end state, exists for socialists, in the same way that heaven exists for Christians. In Christian thought, a believer deeply believes in the existence of heaven, but the person must die in order to get to heaven.
In Marxism, BLM Marxists deeply believe that socialism is better than capitalism, but capitalism must die in order to get to communism.
Communist heaven looks like nirvana to socialists. Communist heaven would abolish all exploitation and all social hierarchy.
After the revolution, all social classes would disappear. The state would wither away, as politics ceased to exist.
In communist nirvana, technology would be “inherited” from capitalism, in the same way that the Chinese “inherit U. S. technology,” and the inherited technology would be used to produce plenty for all.
This concept of Chinese communist heaven is the end goal of BLM Marxism.
The two parts of the Marxian theory are in conflict with each other. Capitalism, in materialist history, did not die, and the heaven of scientific socialism, in Marxist economic theory, already exists in the end state of Chinese crony state communism.
The crony capitalist are dangling this concept of Chinese communist heaven in front of the BLM Marxists to co-opt the socialist revolution.
Our podcast today is the introduction to a much longer article, available for free, for one week, at www.clpnewsnetwork.com
The other sections of the longer article include:
Section 1. The Co-option of BLM.
Section 2. The Similarity Between Chinese Crony Communism and American Crony Capitalism.
Section 3. The New World Order of Global Collectism.
Conclusion. The Emerging Global Corporate Crony Capitalism.
The full text and audio of the most recent podcast is available for free at clpnewsnetwork.com. The entire text and audio archive of all the CLP News Network podcasts are available for an annual subscription of $30.