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Keynesianism

The Poverty of Luxury Communism

By QQ - LibCom.Org, April 5, 2018

A spectre is haunting Europe and the US, the spectre of... productivist national protectionism from the Left. QQ and Mike Harman respond to Novara Media and Jacobin Magazine.

"One form of wage labour may correct the abuses of another, but no form of wage labour can correct the abuse of wage labour itself." – Marx (Grundrisse)

Recent articles in Jacobin Magazine and Novara Media represent a growing trend of social democratic insistence that the state is the best chance for solving climate change and myriad other problems. This trend is taking several forms, a retreat from a consistent anti-borders position to one that sees no-borders as horizonal; a call for nationalisation of large-scale industries as a way to fix climate change and provide jobs; and for alternative ownership models like workers co-operatives to be supported by the state. In all cases premised on a strategy of state-capture via elections.

On the 26 February, Jeremy Corbyn told an audience in Coventry that Britain “cannot be held back inside or outside the EU from taking the steps we need to support cutting edge industries” nor can Britain be held back from “preventing employers being able to import cheap agency labour”. Although Corbyn caught heat from some of his more radical supporters, much of the criticism didn’t go beyond highlighting his poor judgement using ‘clumsy’ language. That the tone rather than the content of the speech was under scrutiny, provides an insight into the direction that the Labour party is heading in. It suggests we are not merely revisiting a party that feigns reluctance in appeasing racist sentiment, in an attempt to recover voters that abandoned them a long time ago. Rather, to “support cutting edge industries” it requires labour unified by a common bourgeois identity – Britishness, with a return to the nativist labourism that dogged the workers movement up until the '80s. Rhetoric may vary between explicit conservative bigotry, nativist labourism or metropolitan neoliberalism, but all of these exact violence via border controls, whether at the level of the EU or the UK. Capitalist production relies on the control of labour power.

This politics of a seemingly bygone age not only demonstrates the fundamental limit of parliamentary socialism but is woven into the intellectual fabric of the left as a whole. Illustrative of this is Aaron Bastani’s “Fully Automated Green Communism”. Although not unique in its Keynesian ambitions glamourized in communist pretence, it provides us with a useful case study of the thought processes and wholesale misunderstandings underpinning the ‘radical’ project presented by the Labour party.

Broadly speaking, Bastani’s piece is an appeal to grassroots green activists to ‘scale-up’ (an insistence made by other members of the Novara outfit and the Inventing the Future crew), in that the best way to avert climate change is to utilise the state. Whether he personally subscribes to the climate catastrophe speculated in the piece is uncertain, however he certainly believes that the public spirit around climate change could be an effective vehicle in exercising his demand-side economic theories. The post-war period of “a competing utopia [and] countervailing geopolitical forces” was a huge boon to the arms industry and consequently for the wider economy (i.e. the internet began its life as U.S. military tech), and it is thought that climate change can serve the same function as the Cold War. There are specific reasons why a likeness cannot be drawn between preparing for a world war and climate change (that we will address later), but more broadly Bastani makes the classic mistake of thinking that the purpose of an economy is to allocate resources to meet consumption needs, when in reality the purpose of the economy is to produce capital.

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