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News & Letters,
October - November 2008
Lead
Bailout can't save capitalism from its own gravediggers
The government's $700 billion bailout to save Wall Street banks caused a tidal wave of communications--99 to 1 against--even after threats that failure to act might mean the collapse of the capitalist system.
Editorial
U.S. pushes Pakistan into abyss
The massive truck bomb that exploded Sept. 20 at the Islamabad Marriott hotel, killing more than 50 and injuring over 250, threatens the ruling powers and endangers the authentic mass social protest movement that brought down the decade-long authoritarian rule of Pervez Musharraf.
From the Writings of Raya Dunayevskaya
Capitalist Production / Alienated Labor
The Grand Illusion that all capitalist ideologues have created about this nuclear world with its robotized production, was achieved by them through forgetting that Alienated Labor is the irreplaceable foundation, essence and universal form--the creator of all values and surplus-values. That is exactly what produces both capitalist profits and what Marx called the "general absolute law of capitalist accumulation"--its unemployed army.
De la obra de Raya Dunayevskaya
Producción capitalista / trabajo enajenado
La gran ilusión que han creado todos los ideólogos capitalistas, incluyendo a Volcker, sobre este mundo nuclear con su producción robotizada, se logró gracias a que olvidaron que el trabajo enajenado es la base insustituible, la esencia y la forma universal --el creador de todo valor y de toda plusvalía-- y que es precisamente este, el que produce tanto la ganancia capitalista como lo que Marx llamó "la ley general absoluta de la acumulación capitalista" -- el ejército de desempleados.
Essay
Gulli approaches but avoids Marx's new dialectic of labor
Bruno Gulli's Labor of Fire is an important work because his approach reflects the influence of the existentialist philosopher Martin Heidegger--an influence that is widespread in contemporary theory among both Marxists and anti-Marxists (poststructuralists).
Silence the Violence
Oakland youth speak out
On Sept. 28 the Bay Area News and Letters sponsored an open ended discussion on what revolutionary change means with several Black youth in Oakland who are part of Silence the Violence, a project of the Ella Baker Center for Human Rights. Here are excerpts from their comments.
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