[lbo-talk] Michael Heinrich on Capitalism and the State

Angelus Novus fuerdenkommunismus at yahoo.com
Fri Sep 3 14:08:42 PDT 2010


It's weird that nobody really even addresses much of more interesting passages from Heinrich's critique, such as this one:

"Consequentially, the demand is raised to push back the power of corporations, which is to be realized inter alia through the nationalization of private banks (11) and structurally decisive large enterprises (9). However, during the financial crisis, the state-owned Landesbanken did not cut a better figure than the private banks."

It's like American leftists are so used to the deeply rooted fake anti-statism of the U.S. right-wing, they assume that's actually how capitalism functions globally. Really, a call to nationalize the banks in Germany is some really weak tea. Being a public bank didn't stop the Landesbank Sachsen from also partaking in that sweet,sweet securitized real estate debt coming from the United States.

And conspiracy-monger and Icepick-head Shane Mage tries to characterize Heinrich's piece as some sort of impossibilist broadside along the lines of the International Communist Current, when really it just points out the egregiously naive understanding of the state and woefully inadequate understanding of capitalism in DIE LINKE's program. In fact, Heinrich doesn't have anything against the struggle for reforms, as he says quite clearly:

"If DIE LINKE enters into such debates, it should at least render an account of their character and think about its own goals: making an ailing capitalism once again fully functional, or using this weakness in order to gain concessions for the subaltern classes, which makes life easier for them in the short term as well as improves the conditions for future struggles."



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