Sure recent polls in Australia show that Kevin Rudd is now the preferred prime minister of 44% 0f those surveyed, but the guy is just another right-wing creep, swanning around the world, giving unsolicited advice in Ruddese while living it up in presidential hotel suites costing up to $2700 a night!
As the world teethered on the brink of the second dip of a global recession, Rudd reportedly observed that the global economy was a “wild beast”. Profound, not. Worse, was his solution: to call for more free market measures and to demand that China let its exchange rate rip with the market.
The world is in an unprecedented mess because the likes of Rudd and other politicians – and the giant corporations whose bidding they do – insisted that we “leave it to the markets”. Ordinary folk should ask 1. why? and 2. where has nearly four decades of leaving it all to the markets got us?
It has certainly made the super rich of the world richer, wiped out the livelihoods of millions, spurned urgently needed investment in a socially and ecologically sustainable future for investment. Instead trillions of dollars goes to bailing out banks and other big corporations, into US$1.5 trillion a year in arms spending, and into making and force selling piles of shoddy, often useless, stuff made to break down as fast as possible and fill the world’s ever-growing waste dumps.
After all this the allegedly brainy Rudd says we should continue on the market deregulation path!
The explanation for the horrible distortion of the world and our common future was once summed up by a wise person in this profound sentence:
“Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks.”
Think about it as you read about the trillions of dollars flying the world seeking a place for the biggest return, no matter at what social and environmental cost. The fruits of the exploitation of generations of working people, now concentrated in the hands of an extremely wealthy few automatically demands an ever-mre extreme and bizarre sacrifice from the world and the majority of the people who live on it.
This is why the same wise person said if you want to understand how the economy really works you have to look beyond the many transactions in various marketplaces and work out the real social relations between the people behind it. Today the world’s richest 10% own 83% of the world’s wealth and almost everything we see flows from or is critically shaped by this ugly fact.
Green Left Weekly stands for the liberation of the world from “the markets”, for a society run democratically in a just and sustainable way. Help us keep fighting for this alternative course by making a donation online today. Direct deposits can also be made to Greenleft, Commonwealth Bank, BSB 062-006, Account No. 00901992. Otherwise, you can send a cheque or money order to PO Box 515, Broadway NSW 2007 or phone in a donation through on the toll-free line at 1800 634 206 (within Australia).