CAPITALISM – a Great Reset or a Great Replacement.

A Great Reset of capitalism from the top down.

Capitalism, our present socio-economic form of governance and productivity has long since become global, imperialist and dangerous, it now places too much emphasis on the accumulation of privately owned wealth, with far too little emphasis on meeting the social and cultural needs of humanity.

In our preparation for world socialist revolution and thereby the replacement of capitalism with socialism, the international working class will need to carefully consider some of the counter revolutionary forces working against us. For example, the World Economic Forum (WEF) should be seen as a very formidable counter revolutionary force that will need to be reckoned with. The WEF has a great deal of money, power and influence available for achieving its capitalist objectives. Take for example part of an introduction to a recent (2020) WEF project named ‘The Great Reset’ –

‘To achieve a better outcome, the world must act jointly and swiftly to revamp all aspects of our societies and economies, from education to social contracts and working conditions. Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed. In short, we need a “Great Reset” of capitalism..’ (weforum.org)

It can and probably should be assumed that in order ‘To achieve a better outcome’ within a ‘Great Reset’ of capitalism, the working class would inevitably continue to be exploited. Given the extent to which capitalism depends on the exploitation of the working class to generate profit and thereby the privately owned wealth that underpins the WEF and its members, we can safely assume that any proposed ‘revamp’ of ‘societies and economies’ would not be done on behalf of the international working class.

While capitalism in its current form – from an international socialist perspective, might well be regarded as being in an advanced state of decay, it is clear from the above WEF statement that the ruling class is determined to keep capitalism alive and well in one form or another. It now appears most likely that capitalism is to be either ‘reset’ from the top down with more or worse of the same damage it now inflicts on our planetary Biosphere in general and the international working class in particular, or it is to be replaced with an international socialism via a political program and party of world socialist revolution, from the bottom up. The WEF is clearly a counter revolutionary capitalist forum that has little or nothing in common with the ICFI/SEP/IYSSE program and party of world socialist revolution. In promoting their ‘Great Reset of capitalism’ project the WEF goes on to say –

‘Clearly, the will to build a better society does exist. We must use it to secure the Great Reset that we so badly need. That will require stronger and more effective governments, though this does not imply an ideological push for bigger ones. And it will demand private-sector engagement every step of the way..’ (weforum.org)

Knowing in advance that the ‘Great Reset.. will demand private-sector engagement every step of the way’, should be more than enough to alert the international working class that this WEF project cannot be trusted to bring about any meaningful improvement to their working conditions and livelihood. On the contrary, it would appear that the WEF’s ‘Great Reset’ project is designed to ensure that smaller ‘stronger and more effective governments’ will be subordinate to the ‘private sector’.

Be this as it may, from an international socialist perspective the WEF is indeed a capitalist force to be reckoned with and strongly opposed. The only force capable of doing so is the same productive force that produces the profit and thereby the privately owned wealth of the capitalist members of the WEF, namely the international working class. To overcome such a formidable opponent and thereby replace international capitalism with international socialism will require a critical mass of the international working class to join the ICFI/SEP/IYSSE program and party of world socialist revolution. Only then can one prepare for and participate in the program of world socialist revolution.

A Great Replacement of capitalism from the bottom up.

From the perspective of the international working class, capitalism is a powerful global force that must be reckoned with and replaced by an even stronger global force. Replacing international capitalism with international socialism can only happen from the bottom up via the productive force of the international working class. Capitalism depends entirely on the productive force of the international working class to design, produce, operate, maintain and defend all of its territory, property, goods and services. By virtue of its productive role, it is the much exploited human productive force that can and must unite to overthrow its capitalist owners and state power.

The capitalist ruling class has no respect for planet Earth other than it being a so called ‘god given’ resource for the  accumulation of their privately owned material wealth. Capitalist ruling classes have long since colonised planet Earth into seperate, competitive, antagonistic nation states, the most powerful of which now jealously threaten each other with more than enough nuclear weapons to transform planet Earth into a lifeless desert. Climate change, wars, poverty, pandemics and tens of millions of displaced refugees having to flee from all of the above negative impacts are a direct result of a fundamentally flawed and mostly corrupt capitalism.

The replacement of capitalist socio-economic forms of governance and productivity that place so much emphasis on the accumulation of privately owned wealth with socialist socio-economic forms that place an emphasis on meeting the social and cultural needs of society, is long overdue. The political program and party of world socialist revolution namely the ICFI/SEP/IYSSE is well advanced and prepared to provide the international working class with the necessary revolutionary political leadership. Rank and file committees of workers, students and others are being well informed and encouraged to develop throughout the entire planet on a daily basis via the pages of WSWS.org .

Meeting the social and cultural needs of society first and foremost would be a great step in the right direction for the human race in particular and our Biosphere in general. The establishment and development of federations of united socialist states throughout the entire planet would enable far more of our natural resources – including and especially that of human labour, to be put to better use. It would do away with the need for nation states to aggressively compete with each other, material wealth could be far more equitably distributed throughout the entire planet, wars, poverty, refugees and environmental degradation could become things of the past.

From a working class perspective, international socialism must be our next logical socio-economic form of governance and productivity, it would be one great step for humankind – from the bottom up.

Taffy,

Southern Winter 2020.

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