Leo Panitch and Sam Gindin (authors of The Making of Global Capitalism: The Political Economy of American Empire): As long as effective demand remains low and banks demand austerity to protect their assets, the crisis will deepen.
Part Two: The Crisis and Who Has the Power
Major structural change or effective short term reforms requires addressing democratic decision making starting with making banks a public utility.
from The Nation
The idea of the general strike is not reformist simply because it demands changes to laws and working conditions. Rather, as Professor Gayatri Spivak of Columbia University argues in this video, the general strike is one vital tool in the array of tactics that must be used to fundamentally alter the relations between the classes. What’s more, revolution will not come about through a “catastrophic change” as was once imagined, and that concept should be given a decent burial.
from The Nation
The call for a general strike on May 1 should not be solely about work, argues Marina Sitrin, a postdoctoral fellow at CUNY specializing in global mass movements. Instead, it should reshape our ideas about how society is built, as Sitrin explains in this video, by asking hard questions about class, consumption, work and society.
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