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Sun Aug 17, 2014, 02:21 PM

Facing Capitalism's Big Reset and Fascism: (and the superfluous people)

<snip>

The category of the undesirables evokes another historical and political category--that of superfluous people. This category not only accompanies like a shadow the history and musings of modern political economy, but it was also part of theorizing about "totalitarianism" after World War II.

Producing much of superfluous money in the hands of the few (reportedly the value of derivatives is now about $2,000 trillion from $500 trillion in 2008), our late capitalism under its neo-liberal and neo-conservative form has also produced a critical mass of the so-called superfluous people, as seen from its one-eyed, narrowly focused greed.

<snip>

And when the capital beast of the system feels that there are both simply too many people and too many people who might cause a trouble, it starts seeing all around itself or at least in a number of places too many of "superfluous people." The "natural balance" of the "market" needs to be restored. It needs to be "reset." Literally, that means "setting back." Or, as fascism also insisted, back from too much democracy and from too much of the Enlightenment.

... and ...

This then boils down to a simple beastly calculus: the beast fearing for itself wants to save itself; and to save itself, it feels compelled to bring a sacrificial victim. The "superfluous" people. Today, these "superfluous" people are identified with the Palestinians, the Syrians, the Russians in Ukraine ...

It is neither an exaggeration nor just a metaphor to say that superfluous money in the hands of the few ultimately feeds on human blood. They are after all "derivatives." Derivatives from human labor, blood, suffering, and death.


Complete story at - http://vladimirsuchan.blogspot.com/2014/08/facing-capitalisms-big-reset-and.html

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Reply Facing Capitalism's Big Reset and Fascism: (and the superfluous people) (Original post)
MattSh Aug 2014 OP
MattSh Aug 2014 #1
LiberalLoner Aug 2014 #2
malokvale77 Aug 2014 #3
LuvNewcastle Aug 2014 #4
Chimeradog Aug 2014 #5

Response to MattSh (Original post)

Sun Aug 17, 2014, 03:36 PM

1. Don't usually do this, but...

a shameless bump...

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Response to MattSh (Original post)

Sun Aug 17, 2014, 04:12 PM

2. K&R

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Response to MattSh (Original post)

Sun Aug 17, 2014, 11:17 PM

3. Worth the read.

K & R

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Response to MattSh (Original post)

Mon Aug 18, 2014, 01:34 AM

4. K&R!

He says a lot of the same things I've been thinking. I wouldn't be able to put it as well as he did, though.

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Response to MattSh (Original post)

Mon Aug 18, 2014, 01:59 AM

5. ^^^

excellent read, thank you.

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