The West’s tragedy of capital

While Rome burns citizens should not fiddle, but believe another world may be possible and work together for that world

Linked on our blogs with Pepe Escobar, Brazil. – Published on english Al Jazeera, by Pepe Escobar,  November 11, 2011.

Here’s a crash course on global finance 2.0. The debt is in the Atlanticist, wealthy North. The resources are in the global South. And the (reluctant) supreme banker of the last resort is the Middle Kingdom, as personified by the Almighty Hu (Jintao).  There could not be a more graphic demonstration than last week’s Greek tragedy takeover of the Cannes debt festival of Slavoj Zizek’s thesis that the marriage of capitalism and democracy is over.   

If there is something capable of terminally terrorising the European Union (EU) oligarchy it is the concept of a popular referendum.

How dare you consult the “rabble” about our Austerity Forever policy, the only one capable of satisfying the financial markets!

This is enough to make unelected zombies such as European Central Bank (ECB) President Mario Draghi (formerly vice-president of Goldman Sachs International), European Council President Herman van Rompuy (member of the Trilateral Commission and the Bilderberg club) and European Commission (EC) head Joao Manuel Barroso to dream of a drone-heavy, Special Forces-filled, NATO no-fly zone to enforce their will.

Surrender or else: … //

… We are all responsible:

South America, which has outlived torrents of IMF’s dreadful “structural adjustments” and is now slowly forging its integration and independence, always denied by the neocolonial one per cent and their local satraps, can be quite helpful.

In a very enlightening discussion with leaders of the Brazilian MST – the Landless Peasant Movement, one of the most important social movements in the world – they explained to me how they have adjusted from fighting for an agrarian reform to fighting a much more nuanced battle against the current, powerful transnational agro-business interests who have forged an intricate alliance with the Lula government.

This shows how even a broad social movement with an enormous popular base has to be constantly calibrating its strategic struggle.

On a parallel front, there must be an urgent English translation of La Potencia Plebeya (”The Plebeian Power”), a collection of essays by Bolivian vice-president Alvaro Garcia Linera, one of the most crucial intellectuals at work in Latin America.

Linera essentially charges how the one per cent and its minions have “sold” the concept of public interest as a separate sphere of civil society. And how civil society can only exist as political if subordinated to mediators or political priests.

This, Linera argues, is an archaism that goes back to Hobbes and Montesquieu. And the 99 per cent should be aware of it – and fight it.

Linera coins the concept of “irresponsible citizenship” to describe the discombobulated voting masses under the spell of a neoliberal farce.

For the “irresponsible citizenship”, the “exercise of political rights is just a ceremony of renouncing political will, and will to govern, to place it in the hands of a new caste of private proprietors of politics, which attribute to themselves the knowledge of sophisticated and impenetrable techniques of ruling and governing”.

So the crucial fight is against these “private proprietors of politics” – and their one per cent masters, be it in Cairo or Manhattan, Madrid or Lahore. G20? Forget it; it’s more like G7 billion. If we are truly indignados towards a system that must be toppled, we are all responsible. (full text).

(Pepe Escobar is the roving correspondent for Asia Times. His latest book is named Obama Does Globalistan, Nimble Books, 2009).

Comments are closed.