Smashing Capitalism, Not Fancy Measures

In the “Broken Capitalism” series being published over at The Guardian, https://www.theguardian.com/commentisfree/2019/may/01/broken-capitalism-economy-americans-fix?CMP=Share_iOSApp_Other, Heather Boushey argues that the way academics measure economic growth is outdated and doesn’t show the full picture of the wealth gap between the 1% and the rest of us. Here’s her argument:

GDP used to be a good indicator of national income. If GDP rose 2%, most gained 2% across the board. But due to the current economic separation between the 1% and the 99%, simple GDP is no longer a valid measuring tool. Boushey gives us this example:

Take 2014. While aggregate national income grew by 2.3%, after taxes and government transfer programs such as supplemental nutrition assistance, incomes for those in the bottom 90% grew by less than the average – 1.5% – while those in the top 1% saw their income grow by twice the average – about 5%.

She then argues for a new disaggregate measure made up of national income and product accounts with data from surveys and administrative sources to clear the picture. This would not only produce more representative ratios between the rich and poor, but also between race, gender, and age

That’s a great idea, but it does not get to the question of what is to be done.

Boushey offers that better published numbers will make the masses more aware of the economic canyon between those of the top SES and the rest of us:

Better, fairer growth measures are a vital step towards better, fairer growth. A clearer picture of the disconnect between overall growth and worker welfare will force a deeper examination of what’s gone wrong with the capitalist engine

Boushey goes on to argue that these new measures will give more power to the people enabling unions to rise. But that is not what I take issue with here.

I am arguing that better tools for showing the income gap between rich and poor will not fuel the smashing of capitalism. The proletariat is not concerned with new academic information to show how poor they are. What they are concerned with is putting food on the table. This is why “Peace, Land, Bread” was so effective in 1917. Lenin and the Bolsheviks didn’t lay out Marx’s material dialectic to the masses as a way to spark them to action. Not in the slightest. They got down to the brass tacks of what ailed the Russian workers and peasants at the time: the end of participation in WWI, land redistribution, and food for their families.

I am not arguing against Boushey’s proposal of how to better measure the income gap among in American society. Her methods show who is making all the money (the 1%) while the vast majority (the 99%) receive so little. Great! I love it! But don’t fool your bourgeois self into thinking that fancy numbers will serve as a catalyst for real social change, Ms. Boushey. The masses could never understand this measurement with more than a 100 years of educational development and the destruction of media power.

A “clearer picture” of the math of inequality is definitely valuable among the academy. But to the masses, it means very little. They do not understand nor are concerned with such matters. They know they are working harder to make less as they fall further and further behind. This how you fix broken capitalism. Peace, land, bread, not disaggregate GDP measures.

More STL Graphics!

Here are this weeks five uploaded images and graphics to inspire the movement. Look back here every Friday for more updates.

To view all pics/images/graphics you may have missed in the past, follow the below link to the full collection over at Google Photos:

https://photos.app.goo.gl/TUomKrYbsYCMEWC59

Strong Moves Needed During Transition to Socialism

In my previous post, I argued that a socialist system is the best form of government we can live under at this stage in history, and that we must smash the current so-called democratic system controlled by the rich.

What should the new revolutionary government look like?

The best strategy available to us at this point is to put into power what Lenin and Trotsky called a vanguard party. They will serve as a sort of transition government moving us from capitalism towards socialism. We must support these responsible leaders to take us through the ideological battle with those who will want to keep the old “democratic” system in place, namely, the rich and powerful.

But during this transition we may sacrifice some of our freedoms for a short period of time during the certain conflict with the powerful. Freedom of the press, freedom to demonstrate, and some other forms of free speech may be suppressed for a time because they are all controlled by the capitalist’s dominant ideology. This is what Trotsky put forth in his famous work Dictatorship vs. Democracy.

Yet, we must watch the vanguard leadership very closely.

The USSR tried this idea out, and it led to Communism’s greatest monster, Josef Stalin, into power. Stalin used the above suppressed rights to become an authoritarian leader who committed so many crimes against humanity they are too many to list here.

Take this warning seriously. The government of and for the people can be hi-jacked if we do not pay enough attention to what our leaders are doing in our name.

In conclusion, what the people need to do is smash the currently corrupt system and replace it with responsible leaders who can lead us through the war of ideas, and probably against a violent suppression by the 1%. And this will mean a crackdown on some of our most cherished freedoms, but they will be returned in time once the rich and powerful have their control over us destroyed. Yet we must keep our eyes on this transition party because a rising leader or group could use the loss of these freedoms to create an authoritarian governmentclaiming to be revolutionary.

This is an outline of what we need to do if we wish to make any successful revolutionary movements at this time.