The recommendation for criminal charges is particularly applicable to Mr Anoj Singh and Mr Koko, who by false pretences led Eskom, through the officials who processed the R659 million payment, to believe that the R659 million payment was in the nature of pre-payment for coal, as was the R1.68 billion pre-payment, later converted into a guarantee, when in truth and fact they knew that the prepayment and the guarantee were needed to enable the Guptas to complete and save the sale of share transaction.
Before we begin a discussion on this topic (that always seems to get the establishment rather hot under the white collar), a few points about the previous post on authority. First, it is now established that New Democracy simply does not enjoy popular sovereignty / authority in Greece: 55% of the 62% of the voters who cast a ballot did so for a party that explicitly opposed the bailout conditions (Syriza being the largest amongst them.) (See http://www.opendemocracy.net/openeconomy/yanis-varoufakis/greek-election-result-assessment .) No wonder New Democracy is now suddenly saying that the bailout conditions should be changed. So, yes, everybody knows that a bailout and austerity is not the solution and now the ruling party in Greece also knows it, conveniently after it won an election on pro-bailout policy – rather late than never, I guess. The question is what they are going to do about it when they meet with the establishment next week. Second, everybody who has studied ideology knows that it is at its purest when it is perceived as natural, unquestionable, the way things are, should be and only can be.
And it is precisely on this latter point that Terry Eagleton premises his book I am currently reading, entitled Why Marx was right (2011). Eagleton argues that one can always tell that an ideological system is in trouble when its embedded acceptance as natural or unquestionable begins to dissolve, causing it to rise once more to the level of consciousness and, most crucially, discourse. As Eagleton writes, we can tell that capitalism is in trouble, precisely because the word is once more in circulation – people are talking about it.
Eagleton in this book sets out to debunk the 10 standard mythical “truths” about Marxism, the first being the post-1989 celebratory capitalist slogan that Marxism is dead / finished. Eagleton points out that Marxism is above all a critique of capitalism, so to say that it is dead is to say that capitalism is dead as well. He continues to argue that what discredited Marxism was really the sense of political impotence amongst Marxists at the time of the collapse of institutionalized communism in the late eighties / early nineties. But this disenchantment was way too early: “if the faint-hearted had managed to cling to their former views for another two decades, they would have witnessed a capitalism so exultant and impregnable that in 2008 it only just managed to keep the cash machines open on the high streets”. I remember at the time that radical capitalists argued that the States of the nations that were in trouble should not intervene in order to save the banks – they argued that the markets should correct this failure and labelled this state intervention as “socialist” – and they were right, but it was a socialist intervention to save the world as we know it. Capitalism continues to be in deep trouble and the apparatchiks in Brussels have finally figured out that bailout programs do not work. So we will see what they come up with next.
One of the many things I find important in this book is Eagleton’s argument that Marx at least, never thought that socialism could be executed in conditions of mass poverty and political isolation – that is why the movements where called Internationals and that is why the Communist Manifesto calls on the “workers of the world”. The socialism of the USSR turned into Stalinism precisely because of the attempt to execute it under the above circumstances. And an argument that I found particularly compelling was that there is a socialism that does not reject markets. Marx himself argued that markets are both emancipatory and exploitative. Eagleton sets out a detailed account of how market socialism can become a real possibility, how the exploitations of the market can be brought to an end without bringing the principle of competition to an end. I must admit that I think that much of his argument here is situated at the level of ideality, but of course that does not mean that such an ideality cannot be concretely aspired to. No-one rejects freedom as an ideal because many in the world continue to live in the chains of economic oppression and deprivation.
The continuing call amongst radicals in South Africa for nationalisation of the means of production should be considered against the background of these arguments. I wonder if Irvin Jim has thought about what he is going to do on the day after nationalisation, banning labour brokers is hardly going to keep him busy for a whole Marxist working day. And spending time selecting the latest luxury sedan (for the account of the taxpayer) does not count. It is one thing to continuously call for nationalisation, it is quite another to actually nationalise for the benefit of the people as a whole. I am not sure that those who call for nationalisation actually understand that it is a first step in a complicated socialist process – a step that forms part of a plan to transfer ownership into the hands of the actual producers who in turn need to be “skilled, educated”, “politically sophisticated” and in the “habit of democracy”. Eagleton argues that nations with a history of colonial rule are especially likely to be bereft of these benefits because the selfish and exploitative colonial powers distributed such benefits only amongst themselves. This does not mean that building socialism cannot be begun in conditions of material deprivation, but the starting point is not nationalisation, it is education.BACK TO TOP