Internationally, there is a massive shift in the form of capitalism towards the so-called "free market". In South Africa, we have the government's new "GEAR" policy and capitalist "industrial restructuring" (see earlier article).
STATE AND MARKET
Before the 1970s, the key trend in capitalism was towards expanding the role of the State in the economy. This was done through governments nationalising industries, providing social services, and setting prices through boards. The most extreme example of this process was Russia, where the economy was nationalised and run by a State-capitalist ruling class. But the same processes took place throughout the Western countries and the Third World. This was not socialism, but a specific form of capitalism.
From the mid-1970s, however, the world-wide trend has been towards so-called "free market" policies. In other words, a trend towards the withdrawal of the State from direct involvement in the economy, and an attempt to regulate the economy through the "free" operations of buyers and sellers in the market. The idea here is that the State cannot run the economy properly. This set of policies goes by many different names: "neo-liberalism", "monetarism", "Thatcherism", "economic rationalism", "structural adjustment" etc.
FREE MARKET POLICIES
In concrete terms, these "free market" policies involve:
HELL FOR US
The effects of these policies on workers and the poor are overwhelmingly negative.
CAUSES OF FREE-MARKET POLICIES
Why are these policies being applied across the world? These are the main reasons:
WHAT WE SAY
There is no such thing as a "free market". The economy is dominated by huge companies that own the means of life. We own nothing, and so have to work for the bosses for wages. No money means no food.
We are also exploited by the bosses who only pay us part of the actual value we produce (e.g. worker helps builds 50 Mercedes a month, gets R1,500). Their gain is our loss.
Free market policies are just an extension of this basic principle of capitalism. The bosses are trying to maintain and increase their profits by cutting our wages, services and jobs. They want us to pay for their crisis and themselves to keep living as fat cats.
GIVE THEM HELL
The only way forward for the working class is to resist all attacks on its existing conditions, and to fight for better conditions. We do not support this or that form of capitalism. We realise that capitalism with strong state intervention is still capitalism and therefore exploit workers and the poor. We must resist ALL forms of capitalism..
We must organise in our unions to force the bosses and the politicians to stop their attacks on us. We must also resist and kick out the "sell-out union bureaucrats" who support capitalism and the state by arguing for "restructuring" and privatisation. Trade unionism is the way forward to fight the bosses here and now, and, one day, to destroy their rotten racist system for once and for all. We must fight for real worker control of the economy through our trade unions. Massive fight backs against the "free market" in other countries who us we can win if we stand together, we workers and poor people.
WE CALL FOR:
Email us at wsf_sa@oocities.com