We had a server outage, and we're rebuilding the site. Some of the site features won't work. Thank you for your patience.
imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Calendar Publish RSS
latest news
best of news




A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List


IMC Network:

Original Cities

www.indymedia.org africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech

Surviving Cities

www.indymedia.org africa: canada: quebec east asia: japan europe: athens barcelona belgium bristol brussels cyprus germany grenoble ireland istanbul lille linksunten nantes netherlands norway portugal united kingdom latin america: argentina cmi brasil rosario oceania: aotearoa united states: austin big muddy binghamton boston chicago columbus la michigan nyc portland rochester saint louis san diego san francisco bay area santa cruz, ca tennessee urbana-champaign worcester west asia: palestine process: fbi/legal updates process & imc docs projects: radio satellite tv
printable version - js reader version - view hidden posts - tags and related articles

Crisis and Wars

by Eckart Spoo Sunday, Jul. 27, 2003 at 11:08 PM

"Another world is possible and another economy is necessary, an economy in which massive social resources are used according to plan..`We are attacked as in the dying phase of the Weimar republic'." This review is translated from the German.

Crisis and Wars

By Eckart Spoo

[This article originally published July 16, 2003 in Ossietsky is translated from the German on the World Wide Web, http://www.linksnet.de/artikel.php?id=952.]

What the governing politicians are doing is absurd and inhuman: extending working hours with mass unemployment, rearming without any threat, intensely burdening the poor and relieving the rich and so forth. The new book by Winfried Wolf explains why they do this. The diligent journalists who was active politically in the past uncovers the economic backgrounds. This book shows how the capitalist economy drives into crisis. The actions of politicians against crisis only enlarge the danger of system crash.

In the years 1993-2000, the value creation of productive businesses in Germany rose 22 percent while the number of working hours declined 24 percent. Dependent employees had to accept real wage losses of six percent. In the other highly industrialized capitalist countries, mass purchasing power lagged far behind the development of production. Such an imbalance (overproduction/ under-consumption) developed that the economic press predicted a collapse as at the end of the 20s. “The slump or bear market is only comparable with 1929. The world is up to its neck in `bubble trouble’ as the economic magazine Handelsblatt said in March. “The parallels to the present are amazing”, Spiegel wrote with view to “black Thursday”, October 24, 1929. The international economic crisis was organized annihilation and destruction. In London, whole shipments of oranges were thrown into the ocean. In Denmark 1500 cows were slaughtered weekly and their meat was processed in fertilizer. In Argentina hundreds of thousands of sheep were stabbed to death. Transport to the slaughterhouses would have cost more than the proceeds.

Distributing food free of charge to the needy was never considered because the holy of holies – the profit system – would be abandoned. However everything else was devalued including the person. The unemployment numbers climbed to record levels as we are now experiencing again three-quarters of a century later. Wages fall and are forced down along with social security benefits. In December 1929 the association of German industry passed a resolution demanding the “reduction of the social budget” and “liberation of entrepreneurs from the fetters of wage agreements. Before that in 1928, leading German industrialists in light of the first signs of crisis urged the “creation of a Third Reich”. 70 years later the Frankfurter Allgemeine newspaper recalled the benefits of the establishment of the Nazi dictatorship at the beginning of 1933 by pointing out that profits would rise again after “smashing the unions” and “the return of peace to the wage front”. While German industrial companies posted massive losses on the average in 1932, their capital profit was positive in the middle of 1933 and even rose to 4.6 percent in 1934. Capital profit had already reached a level that hadn’t been attained in the whole second half of the (golden) twenties.

How fitting when capital radicals now call for breaking the “wage cartel”! The right of dependent employees anchored in the basic rights section of the German constitution to assert their interests collectively against big money is violated in exploitation and the hunt for profit. In his new book, Wolf tells about the crisis in other countries, for example in Japan and the Southeast Asian tiger states. He mentions Argentina as a drastic example of what happens to those who zealously privatize following the demands of the US government and the International Monetary fund, open themselves to foreign capital and sink into mass misery as a result of the great sellout. He analyzes the brutalization of world politics through the striving for control of oil fields and for military hegemony. He takes stock of the most recent war against Iraq and refers to the growing interest in West Africa. “West Africa represents the fastest growing source of oil and gas for the American market”, declared the 2000 energy report of the US government commissioned by Vice-president Dick Cheney from the oil industry. Much of the news from the last days and weeks can be explained on this background (unrest in Liberia, intervention of former European colonial powers with German involvement in the Congo, visit of US president Bush in this region).

Wolf speaks soberly and free from illusions about the criminal energies of capitalism. Still he doesn’t preach pessimism. He agrees with those who proclaim: “Another world is possible” and adds “another economy is necessary”. He means an economy “in which massive social resources are used according to plan”. This different economy can only function on the base of radical democracy. In contrast capitalism means dictation of the market and profit and tends to political dictatorship. This tendency intensifies in times of grave crises. As DGB (German Union Alliance) president Michael Sommer said as a demonstration speaker on May 1, 2003: “We are attacked as once in the dying phase of the Weimar republic”.

[Winfried Wolf: “Sturzflug in die Krise” (Nosedive in Crisis), The World Economy, Oil and War.]

Report this post as:

© 2000-2018 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy