Capitalist \u201ccivilization\u201d returned to the nation\u2019s capitol on Jan. 20, Joseph Biden\u2019s Inauguration Day. Replete with 25,000 troops forming an iron ring around the few thousand establishment dignitaries gathered to pay homage to the new president, with deep roots in America\u2019s racist, warmongering past and present, the event aimed at reassuring the world that Trump-era unpredictability\/insanity had come to an end. Aside from the armed troops, more than the combined U.S. forces in Afghanistan, Iraq and Syria that daily rain death and destruction on those beleaguered nations, the streets of Washington were largely empty. Public transportation was shut down tight; the area was enclosed in steel fences and barriers designed to withstand a virtual army of potential Trump invaders. No one came, either to Washington or to the other 50 state capitols where handfuls of blustering rightwing bigots had promised armed mobilizations to challenge the \u201cstolen election.\u201d<\/p>\n
The day was conceived by the ruling class as a declaration that U.S. capitalism would not be bullied or besieged by the likes of the Jan. 6 Trump-inspired mob of several hundred white supremacist, fascist wannabes, small groups of self-described paramilitary neo-Nazis, including the Oath Keepers and Three Percenters, some off duty police, off duty or retired military personnel, a sprinkling of fanatic Republican elected officials, and some 100 Proud Boy Hitlerites.<\/p>\n
These political hucksters had combined two weeks earlier to violently push aside a handful of Capitol Police to occupy the Capitol building, unimpeded for several hours. More than a few noted that the violent invaders, partially armed and explicitly organized to nullify the Nov. 3 elections results, were allowed to peacefully exit the Capitol \u2013 no names taken or ID requested. A few heads rolled instantly at the top echelons of the federally-funded D.C. Capitol Police and House and Senate officials, who had made near zero security preparations. Embarrassed officials, vulnerable to having handled this internationally-viewed \u201cinsurrection\u201d spectacle with kid gloves to say the least, subsequently organized a Justice Department and FBI-led national \u201cmanhunt\u201d to round up some 250 Trumpers to date to face a variety of initially lesser charges \u2013 \u201cunlawful entry and obstructing official proceedings.\u201d These have now been expanded to include more serious felony charges of conspiracy to violently storm the Capitol building to disrupt the proceedings of Congress.<\/p>\n
Trump\u2019s mania<\/strong><\/p>\n The blatant absence of Capitol Police on Jan. 6, who had been forewarned days earlier about the mob\u2019s Capitol take over plans, according to now widely published reports, could only be attributed to orders from their superiors, Trump likely included. A deranged, increasingly isolated and desperate Trump, pumped up with psychopathic delusions of grandeur, had already fired or excluded from his inner circle several of his closest cabinet officials. He was also deserted by his Pentagon chiefs, top national security advisers and the FBI\/CIA hierarchy when they balked at one or another of his schemes to negate the Nov. 3 election results. We leave it to future historians to reveal how Trump\u2019s desperate mob, or Trump himself, intended to impose their will had they miraculously succeeded in holding the Senate and House members hostage.<\/p>\n Regardless, the U.S. ruling class, this time acting in concert, in all its multi-billionaire corporate manifestations, its kept media and associated Pentagon and National Security personnel, would have none of it, at least for now. D.C became an armed camp akin to the Green Zone in Iraq, replete with squadrons of U.S. jets policing the skies as if another 911 air strike was in the realm of possibility.<\/p>\n Trump\u2019s 2016 inauguration<\/strong><\/p>\n Four years earlier Donald Trump\u2019s inauguration was celebrated by some 100,000 admirers while another million, mostly women, mobilized nearby to protest the crudely misogynist racist bigot\u2019s installation. Another four million simultaneously mobilized across the country in solidarity, making that anti-Inaugural action the largest coordinated democratic rights\/human rights protest in U.S. history. Until last summer, that is, when Black Lives Matter mobilizations in 2000-plus cities saw some 20 million of the nation\u2019s most vibrant working class youth and oppressed nationalities take the streets to denounce the horror of the Minneapolis police murder of George Floyd and U.S. society\u2019s systemic racism.<\/p>\n Chris Hedges on Biden\u2019s presidency <\/strong><\/p>\n Pulitzer Prize journalist and former New York Times foreign correspondent for 15 years, Chris Hedges captures today\u2019s Biden Democratic Party political perspectives well. Hedges\u2019 Feb. 1 article entitled, \u201cPapering Over the Rot,\u201d begins:<\/p>\n \u201cThe staggering concentration of wealth at the top has deformed our governing institutions. New window dressing will not end oligarchy. The death spiral of the American Empire will not be halted with civility. It will not be halted with the 42 executive orders signed by President Joe Biden, however welcome many are, especially since they can, with a new chief executive, be immediately revoked.<\/p>\n Hedges continues: The American Empire \u201cwill not be halted by removing Donald Trump, and the crackpot conspiracy theorists, Christian fascists and racists who support him, from social media. It will not be halted by locking up the Proud Boys and the clueless protestors who stormed the Congress on Jan. 6. and took selfies in Vice President Mike Pence\u2019s Senate chair. It will not be halted by restoring the frayed alliances with our European allies or rejoining the World Health Organization or the Paris Climate Agreement.\u201d<\/p>\n \u201cAll of these measures,\u201d Hedges properly concludes, \u201care window dressing, masking the root cause of the demise of America \u2014 unchecked oligarchic power and greed. The longer wealth is funneled upwards into the hands of a tiny, oligarchic cabal, who put Biden into office and whose interests he assiduously serves,\u201d Hedges concludes, \u201c we are doomed.\u201d<\/p>\n Hedges details how today\u2019s \u201cstaggering concentration of wealth and the obscene avarice of the very rich dwarfs the hedonism and excesses of the world\u2019s most heinous despots and wealthiest capitalists of the past.\u201d His documentation is eye opening:<\/p>\n \u2022 In 2015, shortly before he died, Forbes <\/em>estimated\u00a0David Rockefeller\u2019s net worth was $3 billion. The Shah of Iran looted an estimated $1 billion from his country. Ferdinand and Imelda Marcos amassed between $5 and $10 billion. And the former Zimbabwean President Robert Mugabe was worth about a billion. Jeff Bezos and Elon Musk are each at $180 billion.\u00a0<\/em>(Emphasis in italics added.)<\/p>\n \u2022 The new wealth comes from a cartel capitalism\u2026 made possible by Presidents Ronald Reagan and Bill Clinton who, in exchange for corporate money to fund their campaigns and later Clinton\u2019s foundation and post-presidency opulent lifestyle, abolished the regulations that once protected the citizenry from the worst forms of monopoly exploitation.<\/p>\n Bill Clinton\u2019s \u201cunregulated capitalism\u201d <\/em>Hedges argues, \u201c\u2026 resulted in financial anarchy\u2026 where everything, including human beings and the natural world, is a commodity to exploit until exhaustion or collapse\u2026 The new robber barons peddle the classless identity politics of the Democratic Party to deflect attention from their stranglehold on wealth and power, as well as their exploitation of workers, especially those that make their products overseas.\u201d<\/p>\n This \u201cunregulated capitalism,\u201d Hedges argues \u201cis sold as \u2018enlightened liberalism\u2019 as opposed to the old pro-union class politics that [previously] saw the Democrats heed the voices of the working class\u2026<\/em> It has also pushed the human species, along with most other species, closer and closer towards extinction.\u201d (Emphasis in italics added.)<\/p>\n Here we differ significantly with Hedges\u2019 otherwise sweeping indictment of the unprecedented ravages of modern day capitalism, including its system racism, endless wars, \u201cidentity politics\u201d posturing, environmental destruction, unprecedented concentrations of wealth, and daily degradation of working class life.<\/p>\n Capitalism\u2019s inherent contradictions<\/strong><\/p>\n But it is not Bill Clinton, or Ronald Reagan or any other titular head of U.S. capitalism, or a break from the Democratic Party\u2019s alleged \u201cold pro-union class politics\u201d that are responsible for the current and multiple horrors facing the world\u2019s people. These horrors are inherent in the contradictions of the capitalist system itself.<\/p>\n Survival for all capitalists rests with their capacity to extract value in the form of unpaid labor, or profit <\/em><\/strong>from working people. No serious capitalist would hire a single worker without this expectation. But with the ever-increasing substitution of machines\/robots and computer technology for human labor, the world capitalist order finds itself in constant crisis and decline. Intense competition forces all capitalists to introduce new technologies to survive. In time, the average amount of human labor embodied in all commodities is reduced and with it, average rates of profit.<\/p>\n Technological advances, especially those of a clean and environmentally sustainable nature, in a rational society should pave the way for social advances. In a socialist society, where human needs, not capitalist profits are primary, clean and sustainable labor saving technology portend a major increase in leisure time for all working people, time for the fullest engagement of all in the highest levels of free education, time for the fullest development of the human potential, time to explore a broad range of cultural, scientific and educational interests, time to encourage the best aspiration of humanity for freedom and equality.<\/p>\n In capitalist society, technological advance, in time, portents mass unemployment, layoffs, subjugation to the gig economy, restricted access to education, health care and housing, not to mention endless wars for new markets and profit.<\/p>\n Marx\u2019s explanation of capitalisms horrors <\/strong><\/p>\n Karl Marx explained this apparent contradiction in endless detail in his three volumes of Capital. He described it as the \u201cLaw of the tendency of the rate of profit to decline.\u201d Sounds contradictory! How can an economic law<\/em> be a tendency<\/em> at the same time? How can technological advance portend social disaster \u2013 mass unemployment, recession\/depression, war? Marx explained this seeming contradiction in great detail. Fully aware of the operation of this economic law in the daily workings of all corporate enterprises, the boss class engages in endless efforts to thwart it \u2013 to try to counter the inherent contradiction in their system. The sum total of all their efforts on a world scale amounts to making working people pay, to their constant immiseration, to their repeated subjection to recession\/depression cycles that permeate capitalism\u2019s history.<\/p>\n Whether it be overt union busting, obliteration of pensions and health care benefits, workplace speed up, offshoring plants to low wage nations, imperialist conquests to secure vital resources, cutbacks in social services, \u201celimination of welfare as we know it,\u201d tax relief of the rich at the expense of workers and the poor, or pumping $billions and $trillions of taxpayer money into corporate bailout schemes, the objective is the same \u2013 to preference the corporate elite at the expense of the vast majority \u2013 a preference driven not by any moral failings of the super rich, but by the necessities imposed by the very operation of the system. This has little or nothing to do with capitalist greed and avarice, however much these are built into their psyches. Whether capitalists are well-intentioned or evil, they must deploy one or another or all of the above measures aimed at workers to keep their businesses afloat in the face of the incessant competition that drives them to survive or perish. Even when powerful monopolies act to eliminate national competitors, U.S. capitalists face ever intensifying competition from Europe and China.<\/p>\n In the long term, all capitalist efforts notwithstanding, the rate of profit with regard to the production of the world\u2019s commodities inexorably declines and with it the numbers of employed workers.<\/p>\n Frenzied stock market speculation<\/strong><\/p>\n Today, this has reached historic lows, hence the resort to the financialization of capital \u2013 the increasing investment by capitalists not in new plants or needed infrastructure repair and replacement but in frenzied speculative trading in the stock market, hedge funds and related securities. Today, this casino capitalism has exceeded all previous limits whether the government is headed by Democrats or Republicans. Both parties fuel the fires of speculation by endless injections of near zero interest rate \u201cloans\u201d to failing or low profit corporations. This virtually free money is then quickly transferred to stock market ventures where rates of return are far higher than the initial near zero cost of borrowing. In today\u2019s casino capitalism, as in the gambling casino variant in Las Vegas, the house always wins! Trump\u2019s skyrocketing stock market boom, and Obama\u2019s before him, had no reflection in the improvement of the quality of life of working people. But the core group of the nation\u2019s 600 odd billionaires amassed $trillions nearly overnight, while workers suffered as never in recent memory. Real unemployment today stands at close to 40 percent based on the government\u2019s official \u201clabor participation\u201d statistics.<\/p>\n Today, capitalism\u2019s crises are multiple and worldwide. In the face of a deadly pandemic the ruling rich, with few exceptions calculated that sending their wage slaves back to unsafe workplaces or sending students to unsafe schools to free their parents for work, was worth more in profits gained than the calculated loss in human lives. Workers are expendable; profits are not! While Trump\u2019s \u201csurvival of the fittest\u201d herd immunity \u201ctheory\u201d and his opposition to mandated mask wearing were a crude reflection of this idea \u2013 that corporate profits trumped human lives \u2013 the Democrats were never far behind, with all 50 state governors at one time or another deciding to prematurely reopen businesses and schools, knowing full well the deadly consequences.<\/p>\n Environmental catastrophe <\/strong><\/p>\n Fossil fuel giants threaten the very survival of life on earth, yet they press on, unimpeded. Biden assured his corporate backers that there will be no serious Green New Deal under his administration. These are impossible under capitalism, where the likes of Exxon Mobile, soon to be merged with Chevron Corporation, plan and prepare fossil fuel extraction long into the future, at a time when serious scientists already ponder whether it is already too late to avoid catastrophic insults to the world\u2019s people.<\/p>\n Obama\u2019s Democrats opened the door wider than ever to offshore and Arctic drilling in addition to the promotion of unprecedented deadly fracking that made the U.S. for the first time a net exporter of fossil fuel.<\/p>\n Imperialist wars inherent in capitalism<\/strong><\/p>\n War is a central element in advancing the economic interests of the ruling elite, no matter the cost and regardless of which capitalist party is in power. The ever-promoted rationalizations regarding U.S. \u201cresponsibility\u201d to thwart \u201cworldwide terrorism\u201d \u2013 which the U.S. is the chief instigator \u2013 or to conduct \u201chumanitarian wars\u201d that destroy nation\u2019s infrastructure to \u201csave innocent lives\u201d have long been exposed as lies. But the U.S. war machine presses on with $1 trillion spent annually to line the pockets of the largely monopolized military-industrial complex while defending U.S. capitalism\u2019s \u201cright\u201d to rape and pillage worldwide.<\/p>\n Democratic Party President Lyndon Johnson presided over the genocidal Vietnam War that slaughtered four million Vietnamese. He extended full support and U.S. collaboration to the 1965 Indonesian military coup that slaughtered one million alleged communists in a single year, literally clogging that nation\u2019s rivers with murdered innocents. Democrats and Republicans take turns in presiding over mass slaughter for profit, installing one after another compliant dictators to defend \u201cour interests.\u201d Two world wars that cost the lives of 100 million people saw U.S. imperialism emerge as the dominant world power. Endless wars, U.S.-backed coups and interventions followed without interruption around the world and to this day: Korea, Iran, Guatemala, El Salvador, Nicaragua, Chile, Brazil, Argentina, Yugoslavia, Yemen, the Middle East, Africa and more. It mattered not whether the U.S. head of state was a Kennedy, Nixon, Reagan, Bush or a Clinton, Obama, Trump or Biden.<\/p>\n Regulation or de-regulation: deficit hawks or not<\/strong><\/p>\n The rules of the economic-political game are adjusted, bent or discarded in accord with the needs of the ruling rich. Two decades ago in 2001 the 1890 Sherman Anti-trust Act, supposedly protecting citizens against monopolies, was interpreted by the Supreme Court to allow Microsoft\u2019s monopoly to continue when the nation\u2019s top courts essentially ruled that its monopoly was needed to defend U.S. corporations against foreign competition. Apple\u2019s offshoring billions to avoid taxes was essentially ignored as with its near slave labor million member Chinese work force. Pfizer\u2019 and hundreds of other U.S. corporate entities that offshored their headquarters to avoid taxes did so with impunity, minus or plus an occasional slap on the wrist. Republican \u201cdeficit hawks\u201d disappeared under Trump when $trillions in bailouts were gifted to the elite. None winced when the Treasury Department combined with the Federal Reserve, to literally gift them back some $6 trillion in bailouts for their first quarter 2020 losses. This was a bi-partisan affair as was Trump $1.9 trillion tax cut for the rich only.<\/p>\n Here we conclude with the simple proposition that capitalism cannot be reformed regardless of which combination of corporate behemoths hold the presidency or one or another houses of Congress. Biden\u2019s pledge to seek bi-partisan unity affirms once again that this unity resides in the common exploitation of working people in the U.S. and worldwide. His reign will see no challenge from his party to America\u2019s systemic racism, sexism and LGBTQI discrimination. The deepening degradation of the environment and capitalism\u2019s endless wars for profit and plunder will continue as will its guarantee of yet another round of deadly pandemics that originate in capitalism\u2019s failure to establish a rational ecological balance between nature and human society.<\/p>\n Today, the capitalist beast has inadvertently set into motion a new generation of radicalizing youth intent on challenging ruling class prerogatives on multiple fronts. Their success in charting a new and independent course aimed at challenging and abolishing capitalist rule will prove decisive in the years ahead. Central to their success is the construction of a mass revolutionary socialist party deeply rooted in all the struggles to come.<\/p>\n The post As Biden Returns \u201cCivilization\u201d to Washington, It’s More Obvious Than Ever That Capitalism Cannot Be Reformed<\/a> appeared first on CounterPunch.org<\/a>.<\/p>\n\n This post was originally published on CounterPunch.org<\/a>. <\/p>","protected":false},"excerpt":{"rendered":" Capitalist \u201ccivilization\u201d returned to the nation\u2019s capitol on Jan. 20, Joseph Biden\u2019s Inauguration Day. Replete with 25,000 troops forming an iron ring around the few thousand establishment dignitaries gathered to pay homage to the new president, with deep roots in America\u2019s racist, warmongering past and present, the event aimed at reassuring the world that Trump-era More<\/a><\/p>\n The post As Biden Returns \u201cCivilization\u201d to Washington, It\u2019s More Obvious Than Ever That Capitalism Cannot Be Reformed<\/a> appeared first on CounterPunch.org<\/a>.<\/p>\n","protected":false},"author":274,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/44139"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/274"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=44139"}],"version-history":[{"count":1,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/44139\/revisions"}],"predecessor-version":[{"id":44142,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/44139\/revisions\/44142"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=44139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=44139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=44139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}