As Americans brace for an economic downturn, adherents of free market ideology are busily assuring everyone that their ideas must be not be questioned.
Just two days after the Stock Market dropped on October 10th, the front page of the Wall Street Journal’s Weekend Review featured an article entitled “How to Fix the Great American Growth Machine.” The piece repeated a series of neoliberal clichés, and contained some obvious logical holes.
The article pointed toward the unregulated nature of US railroad construction in 1800s as an example of American free market superiority, ignoring the millions who died in the process. The construction of railways connecting North America’s coasts involved the displacement and genocide millions of Native Americans. It also involved millions of Irish, African-American, and Chinese people being worked to death. The racist expression “You don’t have a Chinamen’s chance” referred the semi-slave conditions that Chinese Americans faced when laying rails in western states.
The article hailed the period of 1865 to 1900 as an ideal time in US history due to lack of government interference with business. The article ignored how frequently the US stock market fell into crises during this time, with “panics” frequently leading to bank failures, mass unemployment, and widespread societal turmoil. The article also ignored in the appraisal of this supposedly glorious era, that it was the time, not just of robber barons and widespread government corruption, but also of child laborers and sweat shop factory conditions.
Our grandparents told us stories of the Second World War. All four of my own had participated in some capacity. The Second World War was not a “regime change” operation carried out under the guise of humanitarianism. The Second World War was a battlefield clash between two global alliances that sought to destroy each other. The war involved mass mobilizations of the population. In order to achieve victory, the Soviet Union, the United States and Britain were forced to put society under the most ironclad discipline.
Would such a thing be possible today?
On October 6th, Caleb Maupin addressed a gathering of young activists from Students & Youth for a New America. His full length presentation discussed many wide ranging topics including: Superman Comics, Economics, Marxism, China, Iran, Yemen, US history, the Soviet Union, and much more. The full presentation is now available for viewing online.
The Roman Catholic Church and the Peoples Republic of China are set to sign an agreement, which would formally end the hostilities between these two entities. The Chinese government will formally acknowledge the Pope as the leader of the Catholic Church in China. In exchange, the Pope will reinstate ex-communicated Bishops selected by the Communist Party to lead Catholics on the Chinese mainland. In this context, it is worth reviewing the shifts and evolutions of Catholicism in global politics.
Opposing Capitalism and Marxism
Surprising as it may be to many Republicans in the United States, the Roman Catholic Church officially opposes capitalism. In fact, clerical anti-capitalism predates Marxism by centuries. As the merchant class was emerging in Europe, Catholic theology tended to uphold the “natural order” represented in the feudal hierarchy. The church saw the marketplace as a sinful mess of greed and anarchy. Gutenberg’s printing press, which led to the translation and widespread publication of the Bible, and eventually the Protestant Reformation, is seen as the opening shot act in the struggle resulting in the eventual rise of liberal democratic nation-states and the market. Papal proclamations that shifted regulations on money-lending laid the foundations for modern finance. For example, the roots of the titanic institution known as Bank of America can be traced back to early Italian bankers, who emerged as the church loosened its restrictions on Usury.
While Catholic anti-capitalism, which emphasizes morality and obedience over “economic freedom,” has been longstanding, the ideology of Marxism is something Rome has always opposed. Catholicism views Marxism as godlessly fomenting revolts against legitimate “God given” authority. Furthermore, Marxist economic determinism is perceived as undermining the moral responsibility of individuals for their actions.
As the Brexit process moves forward, calls for a second Scottish Independence Referendum are picking up steam. The SNP is calling for a second referendum, paving the way for Scotland to leave the United Kingdom, and remain in the EU.
Imagine the people of a country, faced with increasingly difficult economic circumstances, organizing a mass movement and declaring independence. Then, imagine a new government that puts the country’s natural resources under state control and sells them on the international markets, and uses the proceeds to build infrastructure and subsidize the construction of a vibrant domestic economy.
This is a scenario that has played out many times throughout the 20th and 21st centuries. The struggle for domestic control over oil profits has been central in a very high percentage of the revolutions and geopolitical confrontations of modern times. The “Yes” movement in Scotland fits in with a global pattern related to energy and the global capitalist market.
Development and poverty eradication may be in the overall interest of the human race, but certain powerful forces see it as a threat to their position as hegemonic rulers of the global economy.
Prior to 2011, Syria was a prosperous Middle Eastern country. The Baathist government had taken tremendous steps to improve the lives of Syria’s people. Between 1970 and 2009, the life expectancy for Syrians increased by 17 years, and the infant mortality rate was reduced exponentially. According to the US Library of Congress, in 1981 forty two percent of the Syrian adult population was illiterate, but just ten years later, in 1991, illiteracy had been wiped out by a mass educational campaign.
Syria built the Tabqa Dam on the Euphrates River with the assistance of 900 technicians and a loan of 100 milllion from the Soviet Union. In 2007, China had already begun investing “hundreds of millions of dollars” into Syria for the purpose of modernizing its “oil and gas infrastructure.”
But look at Syria today. Millions have fled as refugees. Over half a million have died. Terrorist groups control huge swaths of territory. Much of the overall infrastructure of the country, including water treatment facilities, power plants, and schools have been destroyed.
Can anyone rationally argue that attempts by western countries to remove the Baathist government led by Bashar Assad have benefitted the population?
Wrecking Countries in the Name of “Democracy”
Nicaragua is a similar story. The government of the Sandinistas, under the slogan of “Christianity, Socialism and Solidarity” has made tremendous efforts to improve the lives of the people. Between 2005-2014, poverty in Nicaragua was reduced by 30%. The GDP increased by 36% between 2007-2016. While its neighbors in Central America ,Guatemala and Honduras, are notorious wrecks of poverty, crime, and underdevelopment, Nicaragua has been a powerhouse of growth. The World Happiness Index even noted how optimism about life increased more among Nicaraguans than in any other country in 2016.