A recent Marxist critique of Karl Polanyi’s theoretical approach concludes that there is nothing wrong with the latter that cannot be remedied by a major infusion of key Marxist concepts. Benjamin Selwyn and Satoshi Miyamura in their 2014 New Political Economy article display an impressive grasp of Polanyian as well as Marxist categories. Yet, in their critique, they never consider why Polanyi, who was both knowledgeable of, and sympathetic to, Marxism in his early and middle years, eventually broke with Marxism to forge his own analytical path. Might he not have had good reasons for doing so? Continue reading
Tag Archives: class struggle
The Left’s Central Dilemma
Sometimes it appears that the democratic left is engaged in the labour of Sisyphus. Sisyphus, according to the Greek myth, was condemned by the gods to spend eternity in an utterly futile task: to push a boulder to the top of a hill, only to see it roll down to the bottom each time. Leaders of the left have their own peculiar burden to shoulder. When progressive parties pursue a moderate strategy of accommodation with capitalism, they may achieve egalitarian gains but rarely enough to satisfy their militant followers. But if they pursue a more confrontational stance vis-à-vis inherited structures of privilege and power, they risk instigating an economic crisis that may usher in a crushing political crisis as well. This pattern is evident in the Global South, the focus of this post, but it probably applies also to the Global North. Continue reading
Can Moderate Social Democracy be Progressive? A View from the Global South
Progressive movements divide into two types. On the one hand, there are leftist parties with a moderate strategy that aim, or at least resign themselves, to implement redistributive programs with the acquiescence of the elites. On the other hand, we find parties that believe that only unrelenting confrontation of existing power structures and inherited privilege will bring the desired results. The division between class compromise and class struggle is fundamental. Continue reading