"We are facing a war of capital against all." Global rebellion: The coming chaos?

[PETRUS]

The pauperising effects unleashed by globalisation have generated social conflicts and political crises that the system is now finding it more and more difficult to contain. The slogan "we are the 99 per cent" grows out of the reality that global inequalities and pauperisation have intensified enormously since capitalist globalisation took off in the 1980s. Broad swaths of humanity have experienced absolute downward mobility in recent decades. Even the IMF was forced to admit in a 2000 report that "in recent decades, nearly one-fifth of the world’s population has regressed. This is arguably one of the greatest economic failures of the 20th century".

<snip>

First, this crisis shares a number of aspects with earlier structural crises of the 1930s and the 1970s, but there are also several features unique to the present: The system is fast reaching the ecological limits of its reproduction. We face the real spectre of resource depletion and environmental catastrophes that threaten a system collapse.

<snip>

Third, there will be no quick outcome of the mounting global chaos. We are in for a period of major conflicts and great upheavals. As I mentioned above, one danger is a neo-fascist response to contain the crisis. We are facing a war of capital against all. Three sectors of transnational capital in particular stand out as the most aggressive and prone to seek neo-fascist political arrangements to force forward accumulation as this crisis continues: speculative financial capital, the military-industrial-security complex, and the extractive and energy sector. Capital accumulation in the military-industrial-security complex depends on endless conflicts and war, including the so-called wars on terrorism and on drugs, as well as on the militarisation of social control. Transnational finance capital depends on taking control of state finances and imposing debt and austerity on the masses, which in turn can only be achieved through escalating repression. And extractive industries depend on new rounds of violent dispossession and environmental degradation around the world.

http://www.aljazeera.com/indepth/opinion/2011/11/20111130121556567265.html

More at the link.

[hifiguy]

1. "Capital against all." That is it, exactly.

And the survival of the human species will turn on its outcome.

[Octafish]

5. Capital is what buys guns n ammo n stuff.

Like Blackwater and nookyular things.

[Huey P. Long]

2. Prepare accordingly. -eom

[Starry Messenger]

3. k&r

[patrice]

4. We are being made proxies for the real war between private computers processing 0s and 1s behind

encrypted doors, into secret rooms, within private rooms, inside hidden structures, in non-existent locations . . .

[babydollhead]

6. great article!

[CJCRANE]

7. It's time

to set the capital free to move around in the real economy in the hands of the middle and working classes. That's how you create an organized, dynamic and well-maintained first world system.

[Initech]

8. Begun the capital wars have.

[Fire Walk With Me]

9. K&R

[blindpig]

10. k&r

[watrwefitinfor]

11. One of the most important articles I've ever read on DU.

Such an excellent and easy to follow analysis in a popular writing style. Please pass it along to all the Occupiers and activists you know.

Wat

[and-justice-for-all]

12. If you don't burn them out of their ivory towers..

then nothing will change.

[Capitalocracy]

13. You know what I call it...

(see username)