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10 questions sur la crise
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10 questions about the crisis
Automatically translated into English thanks to WorldLingo
10 questions about the crisis
MICHEL COLONIST

1. “Subprimes”? The starting point is a true swindle. The Western banks enormously earned money on the back of US households in great difficulty from which one extorted exaggerated refundings. By thinking that if they did not manage to refund, one raflerait their house for a bread mouthful.

2. Only one banking crisis? At all. It is about a true economic crisis which starts by the banking environment, but whose causes are much deeper. Actually, all the US economy lives with credit since more than thirty years. The companies are involved in debt beyond their means, the State is involved in debt beyond its means (to make the war), and one systematically pushed the private individuals to be involved in debt, only means of maintaining artificially an economic growth.

3. Causes it deep? Not question of indicating it in the traditional media. However, the subprimes are only the point of the iceberg, the most spectacular demonstration of a general crisis of overproduction which strikes the United States, but also the Western countries. If it fine of the end for a multinational consists in laying off workers masses some to make thus do the same work per less people, if in more one lowers the wages by all kinds of measurements and with the assistance of accessory governments, with whom these capitalists will sell their goods? They did not cease impoverishing their customers!

4. Just a crisis to be surmounted? The History shows that capitalism always went from one crisis to the other. With from time to time, a “good war” to leave there (while eliminating from the rivals, the companies, of the infrastructures, which allows then a pretty “revival”). Actually, the crises are also a phase of which largest profit to eliminate or absorb weakest. As now in the US banking environment or with BNP which swallows Fortis (and that does nothing but start). Only, if the crisis reinforces the concentration of the capital to the hands of a number increasingly smaller of multinationals, which will be the consequence? These super - groups will have even more means of eliminating or of impoverishing the labour to be made a competition even stronger. Therefore, return to the box departure.

5. A moralized capitalism? Ca makes a hundred and fifty years that it is promised. Even Bush and Sarkozy put themselves at it. But actually it is as impossible as a tiger vegetarian or a cloud without rain. Because capitalism rests on three principles: 1. The private property of the great means of production and financing. They are not people who decide, but the multinationals. 2. Competition: to gain the economic war, it is to eliminate its rivals. 3. Maximum profit: to gain this battle, it is necessary to not carry out a “normal and reasonable” rate of profit, but a maximum rate of profit which makes it possible to outdistance its competitors. Capitalism, it is thus well the law of the jungle, as already Karl Marx wrote it: “The Capital detests the absence of profit. When it smells a reasonable benefit, the Capital becomes bold. To 20%, it becomes enthusiastic. To 50%, it is bold; at 100%, it presses with the feet all the human laws and to 300%, it does not move back in front of any crime. ” (The Capital, chapter 22)

6. To save the banks? Of course, it is necessary to protect the customers from the banks. But what the State actually does, it is to protect the rich person and privatiser the losses. The Belgian State, for example, did not have hundred million euros to help the people of modest means to maintain their purchasing power, but to save the banks it finds five billion in two hours. Billion which we will have to refund. Irony of the fate: Dexia was a public bank and Fortis swallowed a public bank which turned very well. Thanks to what its leaders and shareholders carried out juicy businesses during twenty years. And now that that is badly, their does one ask to pay the pots broken with the billion which they put on side? Not, one asks us with us!

7. Media? Far from explaining us all that, they stress secondary aspects. It is said to us that it will be necessary to seek the errors, the persons in charge, to fight excesses and bla bla bla. However, it is not a question of the errors of such or such, but of a system. This crisis was inevitable. The companies which collapse are weakest or malchanceuses. Those which survive, will acquerront of it even more capacity on the economy and our lives.

8. Neoliberalism? The crisis was not caused but accelerated by the néolibérale fashion of these twenty last years. However, this neoliberalism, the rich countries claimed to impose it of force in all Third World. Thus, in Latin America, that I have just studied by preparing my book “the 7 sins of Hugo Chavez”, the neoliberalism plunged million people in misery. But the man who launched the signal of the resistance, the man which showed that one could resist the World Bank, the IMF and the multinationals, the man which showed that it was necessary to turn the back on the neoliberalism to reduce poverty, this man, Hugo Chavez, the media do not cease of the diaboliser with blows of médiamensonges and gossip. Why?

9. The Third World? One speaks to us only about the consequences of the crisis in North. Actually, all Third World will suffer from it seriously because of economic recession and from the fall in the prices of the raw materials which it is likely to involve.

10. The alternative? In 1989, a famous US author, Francis Fukuyama, announced “the End of the History to us”: capitalism had triumphed for always, claimed it. It was not necessary a long time so that the “winners” break the figure. Actually, humanity indeed needs another type of company. Because the current system manufactures billion the poor, plunges in the anguish those which have the “chance” (provisional) to work, multiplies the wars and ruins the resources of planet. To claim that humanity is condemned to live under the law of the jungle, it is to take people for idiots. How is it necessary to design a more human company, offering a decent future to all? Here is the debate that it falls to us with all to launch. Without taboos.


October 8, 2008 | 11:39 AM Comments  0 comments

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