“The looter elite systematically exports jobs, skills, knowledge, technology, retaining at home chiefly financial manipulation expertise: highly profitable, but not of actual productive value. Through “productivity gains” and speedups, it extracts maximum profit from domestic employees; then, firing the surplus, it claims surprise that the great mass of people lack purchasing power to buy up what the economy can still produce (or import).
“Here again Marx had a telling phrase: “Crisis of under-consumption.” When you maximize unemployment and depress wages, people have to cut back. When they cut back, businesses they formerly supported have to shrink or fail, adding their own employees to the ranks of the jobless, and depressing wages still further. End result: something like Mexico, where a small, filthy rich plutocracy rules over an impoverished mass of desperate, uneducated, and hopeless people.”
“Barring unprecedented revolutionary pressures, this is the actual future we face in the United States, too. As we know from history, such societies can stand a long time, supported by police and military control, manipulation of media, surveillance and dirty tricks of all kinds. It seems likely that a few parts of the world (Germany, with its worker-council variant of capitalism, New Zealand with its relative equality, Japan with its social solidarity, and some others) will remain fairly democratic.
“The U.S., which has a long history of violent plutocratic rule unknown to the textbook-fed, will stand out as the best-armed Third World country, its population ill-fed, ill-housed, ill-educated, ill-cared for in health, and increasingly poverty-stricken: even Social Security may be whittled down, impoverishing tens of millions of the elderly.”
. . .
A MUST READ. The full Epistle to the Ecotopians (TomDispatch.com).
- Ecotopia (Wikipedia)
- Ernest Callenbac (Wikipedia)
- Octavia Butler (Wikipedia) Octavia Butler is a sci-fi writer who spins can’t-put-down scenarios of a dystopian future USA
- Why America Failed (PRA 2010)
- Notes on counter-counter-revolution (PRA 2010)