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Cliff Sommers's avatar

The so-called 'exspurts' - in reality a bunch of neoclassical economist drips under extreme pressure - all attempt to assure us that everything is 'okie dokie', that the largest bank collapse since the 2008 implosion of Washington Mutual and the second largest bank collapse in US history is an isolated event. Worries about a "contagion" of bank collapses is nothing more than a "panic" caused by a few overly worried venture capitalists!

But as Workers World Party's First Secretary Larry Holmes wrote in October 2022, this is no normal economic downturn. It's the development that many Marxists consider to be the biggest capitalist economic crisis in history. The capitalist crisis that is underway is unique, and it is symptomatic of a dying system entering its end-stage.

And now it is the historic role of the working class to bring capitalism, with all the destructive crises it engenders, to an end - and to replace it with socialism, a system based on human needs, not profit.

I agree with Rainier. Don't listen to the naysayers. Get your butt busy and start building a livable future - because there is NO future for you or yours in dying death cult capitalism.

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Kojo's avatar

A collapse of capitalism does not lead automatically to any revolution and not to the collapse of the U.S. state.

What they are doing is winding things back to thinly veiled feudalism behind semi closed borders while successfully manipulating people’s minds to barking at shadows and bogeymen.

Plus go back to what Snowden revealed: the major capitalist states (“five eyes”, “nine eyes”) are all massively armed to the teeth against external parties AND against their OWN masses, all of when are under surveillance round the clock.

So they fully understand that they are winding by back to feudalism - and what they need to do to defend that.

There will be no mass uprising by their masses, all of whom are busy rotting out their own minds in the manipulation machines called “Facebook”, “Twitter”, “TikTok”, “ Snapchat”, “Instagram etc.

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Mar 14, 2023
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Rainer Shea ☭'s avatar

Don’t listen to this person. The logical conclusion of what they’re saying—and they make sure to say it over and over again on my posts—is to not do any organizing. They’ve hyperfixated on the online landscape, and come to the conclusion that workers are now incapable of asserting their material interests because of online propaganda and algorithms. I don’t like to make assumptions about those I don’t know, but I doubt this person regularly has in-person contact with the class liberation struggle that’s increasingly dynamic and relevant in our society. If this individual persists in promoting these incorrect ideas that encourage apathy, I might block them from my community. Because even if they share our knowledge about the nature of class society, that knowledge is useless in the head of someone only tries to dissuade others from working towards revolution. Especially if they’re trying to do that to people who clearly have potential, like yourself.

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Kojo's avatar

If you are classifying the Snowden revelations as “fixating on the online landscape” then you have not understood that there is a massive security apparatus dedicated to not surveillance that is married to the domestic programs of physical suppression.

If you don’t understand for example that all the forms of physical suppression field tested in Israel are brought home to use on domestic citezens then you are mistake.

And last but on least the military apparatus amassed by the leading capitalist states is so huge that it obviously outlasts the validly of their capitalist model, and is in fact erected as part of their transition to something else. That’s not online bits physically present and real.

Platitudes are not useful. And you can’t just assume that because a system has lost it power of narrative means that it had lost its power of force. That’s a fatal flaw.

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