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AntiCapitalist MeetUp: toward an American (post-) industrial policy [1]

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Date: 2022-09-25

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“The relationship between the labor process-what Marx often referred to as the "hidden abode" of industrial capitalism and the social reproduction of the industrial workforce.' remains in the current state of a commercial capitalism based on unproductive labor, In the face of environmental apocalypse, a half-wild Earth cannot be achieved by markets alone and the formation of a national industrial policy is concurrently a national environmental policy. MMT is not necessarily the answer but it can point the way to delimiting the reliance on some market solutions for public goods. Scarcity of gold as natural resource must be seen as no different than scarcity of healthcare. There are no more ‘sputnik’ or moon-shot moments, there’s just saving the planet.

There are other measures necessary for regulating inflation beyond a price market for pharmaceuticals and enforcing laws on counterfeit drugs and Sackler-like opioid crime. A comprehensive industrial policy only hinted at by the Green New Deal is essential even ignoring the urgency of a climate crisis. It exceeds hidden costs and the mysteries of “surplus value”. In contrast, a coherent ecological critique of capitalism requires an understanding of the dialectical contradiction between the natural form and the value form inherent in the commodity economy. (Value Isn’t Everything. by John Bellamy Foster and Paul Burkett. 2018)

Renewable energy policy can only be driven by a market guided not by some mystical faith in an incentive-driven “free market” but by a comprehensive national policy. There is measurable surplus value on a national scale that needs to be incorporated in a national industrial and post-industrial policy beyond Sabel & Piore towards a second industrial divide or a fourth industrial revolution.

Having such measures facilitates the analyses of a broader range of cost-structures beyond transactions and externalities.

Drugs production, prescription of otherwise, is industrial production, for example, while also being health care and public policy. Ecology is more than Gaia-like totalism discourse, it is also more than a benign scientific anarchism.

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[1] Url: https://dailykos.com/stories/2022/9/25/2121900/-AntiCapitalist-MeetUp-toward-an-American-post-industrial-policy

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