PRAXIS SUR

El debate sobre el capitalismo actual continua

PRIMERA PARTE DEL ARTÍCULO DEL ÚLTIMO LIBRO DEL TRAVIESO, OPORTUNO TRANSGRESOR, SLAVOJ ZIZEK, QUIEN NO CESA EN COMPARTIR SUS LÚCIDAS COGITACIONES. CORTESÍA DE OSCAR DELGADO, INSIGNE E INSOMNE RASTREADOR DE NOVEDADES SIGNIFICATIVAS EN EL POBLADO MUNDO DE LA RED DE REDES. N DE LA R.

CounterPunch

Weekend Edition
October 15 - 17, 2010

A Permanent Economic Emergency

What is the

Left to Do?

By SLAVOJ ŽIŽEK

Slavoj Žižek’s latest book is Living in the End Times.

This is an excerpt from his essay of the same title in New Left Review 64, 2010. For the complete text, go to this NLR link. By permission of New Left Review. Copyright NLR.

During this year’s protests against the Eurozone’s austerity measures—in Greece and, on a smaller scale, Ireland, Italy and Spain—two stories have imposed themselves.

The predominant, establishment story proposes a de-politicized naturalization of the crisis: the regulatory measures are presented not as decisions grounded in political choices, but as the imperatives of a neutral financial logic—if we want our economies to stabilize, we simply have to swallow the bitter pill.

The other story, that of the protesting workers, students and pensioners, would see the austerity measures as yet another attempt by international financial capital to dismantle the last remainders of the welfare state. The imf thus appears from one perspective as a neutral agent of discipline and order, and from the other as the oppressive agent of global capital.

There is a moment of truth in both perspectives. One cannot miss the superego dimension in the way the imf treats its client states—while scolding and punishing them for unpaid debts, it simultaneously offers them new loans, which everyone knows they will not be able to return, thus drawing them deeper into the vicious cycle of debt generating more debt.

On the other hand, the reason this superego strategy works is that the borrowing state, fully aware that it will never really have to repay the full amount of the debt, hopes to profit from it in the last instance.

Yet while each story contains a grain of truth, both are fundamentally false. The European establishment’s story obfuscates the fact that the huge deficits have been run up as a result of massive financial sector bail-outs, as well as by falling government revenues during the recession; the big loan to Athens will be used to repay Greek debt to the great French and German banks.

The true aim of the eu guarantees is to help private banks since, if any of the Eurozone states goes bankrupt, they will be heavily hit. On the other hand, the protesters’ story bears witness yet again to the misery of today’s left: there is no positive programmatic content to its demands, just a generalized refusal to compromise the existing welfare state.

The utopia here is not a radical change of the system, but the idea that one can maintain a welfare state within the system. Here, again, one should not miss the grain of truth in the countervailing argument: if we remain within the confines of the global capitalist system, then measures to wring further sums from workers, students and pensioners are, effectively, necessary.

One often hears that the true message of the Eurozone crisis is that not only the Euro, but the project of the united Europe itself is dead. But before endorsing this general statement, one should add a Leninist twist to it: Europe is dead—ok, but which Europe? The answer is: the post-political Europe of accommodation to the world market, the Europe which was repeatedly rejected at referendums, the Brussels technocratic-expert Europe.

The Europe that presents itself as standing for cold European reason against Greek passion and corruption, for mathematics against pathetics. But, utopian as it may appear, the space is still open for another Europe: a re-politicized Europe, founded on a shared emancipatory project; the Europe that gave birth to ancient Greek democracy, to the French and October Revolutions.

This is why one should avoid the temptation to react to the ongoing financial crisis with a retreat to fully sovereign nation-states, easy prey for free-floating international capital, which can play one state against the other. More than ever, the reply to every crisis should be more internationalist and universalist than the universality of global capital.

A new period

One thing is clear: after decades of the welfare state, when cutbacks were relatively limited and came with the promise that things would soon return to normal, we are now entering a period in which a kind of economic state of emergency is becoming permanent: turning into a constant, a way of life. It brings with it the threat of far more savage austerity measures, cuts in benefits, diminishing health and education services and more precarious employment.

The left faces the difficult task of emphasizing that we are dealing with political economy—that there is nothing ‘natural’ in such a crisis, that the existing global economic system relies on a series of political decisions—while simultaneously being fully aware that, insofar as we remain within the capitalist system, the violation of its rules effectively causes economic breakdown, since the system obeys a pseudo-natural logic of its own.

So, although we are clearly entering a new phase of enhanced exploitation, rendered easier by the conditions of the global market (outsourcing, etc.), we should also bear in mind that this is imposed by the functioning of the system itself, always on the brink of financial collapse.

It would thus be futile merely to hope that the ongoing crisis will be limited and that European capitalism will continue to guarantee a relatively high standard of living for a growing number of people. It would indeed be a strange radical politics, whose main hope is that circumstances will continue to render it inoperative and marginal. It is against such reasoning that one has to read Badiou’s motto, mieux vaut un désastre qu’un désêtre: better a disaster than a non-being; one has to take the risk of fidelity to an Event, even if the Event ends up in ‘obscure disaster’.

The best indicator of the left’s lack of trust in itself today is its fear of crisis. A true left takes a crisis seriously, without illusions. Its basic insight is that, although crises are painful and dangerous, they are inevitable, and that they are the terrain on which battles have to be waged and won. Which is why today, more than ever, Mao Zedong’s old motto is pertinent: ‘Everything under heaven is in utter chaos; the situation is excellent.’

There is no lack of anti-capitalists today. We are even witnessing an overload of critiques of capitalism’s horrors: newspaper investigations, tv reports and best-selling books abound on companies polluting our environment, corrupt bankers who continue to get fat bonuses while their firms are saved by public money, sweatshops where children work overtime.

There is, however, a catch to all this criticism, ruthless as it may appear: what is as a rule not questioned is the liberal-democratic framework within which these excesses should be fought. The goal, explicit or implied, is to regulate capitalism—through the pressure of the media, parliamentary inquiries, harsher laws, honest police investigations—but never to question the liberal-democratic institutional mechanisms of the bourgeois state of law. This remains the sacred cow, which even the most radical forms of ‘ethical anti-capitalism’—the Porto Allegre World Social Forum, the Seattle movement—do not dare to touch.