People's Democracy(Weekly Organ of the Communist Party of India (Marxist) |
Vol. XXXV
No. 46 November 13, 2011 |
RPD REMEMBERED IN
‘Socialism
is the Alternative’
Harsev
Bains
WHILE
paying glowing tributes to Rajani
Palme Dutt, CPI(M) Polit Bureau member and MP, Sitaram
Yechury noted that CPI(M)
is doing its utmost to uphold Dutt’s traditions and legacy.
He highlighted the
momentous contribution of RPD, as he was affectionately
known, as the general
secretary of the Communist Party of Great Britain from
1939-41 and to the
international movement through his close guidance to the
Communist Party of
India as a representative of the Comintern. Yechury asserted
that the CPI(M) is
proud of having been associated with RPD.
The
CPI(M) leader enlightened and inspired the
audience comprising both young and old students at the
Speaking
at Perse school, Yechury acknowledged
the contribution of the CPGB to the Indian freedom struggle
and also reminded
the audience about the contribution by another of RPD’s
contemporaries, Ben
Bradley. Bradley
faced rigorous
incarceration for more than five years at the
The
contribution of RPD to the Indian national
freedom struggle and in shaping post Independent India was
immense, said Yechury.
He quoted Nehru and his recognition of the relevance of
communists to make this
point.
In 1935, when Jawaharlal Nehru (later
independent
‘The real understanding communist
develops to some extent an organic
sense of social life. Politics for him cease to be a mere
record of opportunism
or a groping in the dark. The ideals and objectives he works
for give a meaning
to the struggle and to the sacrifices he willingly faces. He
feels that he is
part of a grand army marching forward to realise human
destiny, and he has the
sense of ‘marching step by step with history’.
(An Autobiography, Jawaharlal
Nehru, Bodley Head, 1936)
After
his lecture, Yechury held a dialogue
to exchange and challenge ideas. He reminded the young
people to challenge and
question the status
quo and develop
new ideas and thought for a better tomorrow.
In
conclusion, he quoted from Shakespeare’s
Hamlet -- This above all: To thine own self be true.
CHALLENGING
IMPERIALISM
On
a day when
In
this background took place the meeting
at
While
noting that the focus of the anti-capitalism
protests on greed and lack of regulation within the
capitalist system was correct
in a sense, Yechury explained how both of these factors
contributed to the
current crisis. But he underlined that these were not the
only causes for the
crisis. “Greed within Capitalism is not something of a
subjective individual
nature i.e some are greedy and some are not. It is the
system itself that is maximising
profit at any cost and it is this character of capitalism
which is something
that needs to be properly understood.”
Yechury
wanted everyone to understand what
contemporary imperialism is today in order to effectively
challenge it. “It’s
been there for a long time and all of us know what Lenin
said that it is the
last stage of capitalism – if it is the last stage then how
is it showing its
resilience to continue to go on dominating the world? And there I think
particularly one point
needs to be kept in mind – that a stage in the evolution of
history does not
preclude different phases within that stage”.
"What
we are seeing today is a new
phase in the stage of imperialism and it has to be properly
understood if you
really want to challenge it. And as a communist, speaking to
communists, I can
say that if you do not challenge imperialism the future of
humanity is
barbarism. If you challenge imperialism the future of
humanity is socialism. So
that is the choice which Rosa Luxembourg posed many years
ago which many are
repeating saying that you have a choice between socialism
and barbarism.”
During
the presentation to students,
academia and young workers gathered in the auditorium of
“So
what are the changes taking place in imperialism over the
past two decades?
Globalisation, the evolution of capitalism, monopoly
capitalism, accumulation
of wealth in the hands of a few – the rise of the
billionaires, by the turn of
the century the internationalisation of finance capital –
all this had reached
humungous proportions, where the trade in the financial
markets in the world
increased to about six times the actual GDP of the world.”
VALIDITY
OF
MARXISM-LENINISM
Yechury
reinforced the validity of Marxism-Leninism
with the following illustration: “The movement of finance
capital is the first
feature which we must understand. Lenin
talked about finance capital of individual countries
competing with each other
that led to the world wars. So, people normally say that
Lenin is now outdated
and incorrect since international finance capital has come
in. But I believe
that is a wrong understanding. You have a new conjecture
today and that new
conjecture is exactly what Lenin stated: the domination of
finance capital is
imperialism. And this is actually being vindicated. So Lenin
is not wrong, the
time in which Lenin analysed imperialism for that period,
the time has changed
to a new time and now is the time for us from a Marxist
perspective to analyse
the new situation in order to come to new assessments, in
order how to
challenge imperialism.”
Yechury
went on to explain the predatory
primitive accumulation of capital to maximise profit that
has led to a
situation where under capitalism profit maximisation can
only happen with
greater exploitation of the people.
“This
globalisation has produced two
phenomena. One is jobless growth and the other is widening
of economic
inequality. In India there are now 61 individual dollar
billionaires who have
control of a third of India’s GDP and about 800 million
Indians who according
to official statistics are surviving on Rs 20 i.e. less than
50 pence a day. Such
glaring economic inequality is occurring worldwide during
globalisation.”
There
has been a steady decline of
purchasing power in the hands of the vast majority of
people. This leads to
further crisis of capitalism with goods produced left
unsold, affecting the
fundamental law of capitalism to maximise profit.
FUTILE
RESPONSE
TO
FINANCIAL CRISIS
Yechury
threw light on derivatives concept and
its application in the subprime market and future trading
that triggered the
capitalist crisis leading to the fall of the large financial
institutions on
Wall Street. This capitalist crisis sent reverberations
around the world.
Yechury
pointed out the futile response of
capitalism to save and resuscitate itself.
The US Federal Reserve Bank in its recent testimony
to Congress
disclosed the final total bailout package will amount to $27
trillion to
resurrect the financial companies which caused this crisis
in the first place.
This is almost double the amount of GDP of USA at $14
trillion.
“The
only solution being applied to solve
the crisis has been to make up this sovereign debt of
governments by further
attacks on people and their exploitation through cuts in
salaries, pensions, welfare
benefits etc under the guise of austerity measures.
“The
net result is yet another crisis that
is inherent under the capitalist system. It is what drives
the capitalist
system towards profits maximisation which mistakenly is
being identified as
greed of individuals or lack of regulations. But it is the
system itself that
pushes it there. It is not the faults within the system but
the system that is
faulty. And since it is the system that is faulty then
challenging imperialism
would mean challenging the system. Not challenging piece
meal and just some
aspects of it which are important in safeguarding working
class interests.
Challenging imperialism is not merely confining to reforms
within the system.”
SOCIALISM
IS
THE
ALTERNATIVE
In
returning to the theme earlier in the
day of Rajani Palme Dutt, Yechury reminded the audience of
the characteristics
of social democracy, so brilliantly articulated by RPD that
have withstood the
test of time. “Social Democracy talks in terms of reforming
the capitalist
system and making it a better system or in the present day
the IMF and the
World Bank keep talking about globalisation with a human
face. If you have a
human face then this type of predatory profit maximisation
is not possible and
these two divergent values cannot exist together as a
combination. You either
have one or the other. RPD correctly defined the social
democratic parties’
tendency that when in power they are with the bourgeoisie
and when in opposition
they are with the working class.”
Yechury
asserted that this type of politics
will not work in today’s world. He said communists are
working for an
alternative system that they have always believed in --
socialism. He said that
it is not an easy job and will require the material force
made up of the unity
of the exploited classes under the leadership of the working
class.
In
conclusion, Yechury proposed an
alternative programme to the failed policies of capitalism.
“We say there is a
solution to the capitalist crisis, a more human solution,
not a capitalist
solution. As communists why are we offering a solution to
capitalism to get out
of its own crisis? This is a fundamental paradox. We want to
replace the
system. We say either socialism or barbarism. Instead of
giving the $27 trillion
as bailout money to private financial sector that same money
could be used through
the Keynesian economic model with State intervention on a
humanitarian basis.
Not the final answer but a remedy at a point of time.
Investing money on social
and economic infrastructure, creating jobs and generating
demand in the
economy. The aggregate increase in the demand of the economy
will provide the
impetus for industrial growth leading to increase in
employment and would lead
to a more sustainable cycle of economic development. This
solution is not
acceptable to capitalism as it does not provide a quick
return or maximisation
of profit. Therefore this solution we are offering becomes a
weapon in our
hands. The weapon in the hands of the communists to rally
the people with us
and to build that material force that can challenge
imperialism and change the
system. The
alternative to imperialism
and to capitalism can only be socialism. We need to unite
together for a change
to a better world, to challenge imperialism with an
alternative system not mere
reform.”
Phil
Katz from the CPB and Harsev Bains
from AIC also addressed the meeting.