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PARADIGMS OF 2008 CRISIS INTERPRETATION AND STRATEGIES OF GETTING OUT OF IT

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Presentation on theme: "PARADIGMS OF 2008 CRISIS INTERPRETATION AND STRATEGIES OF GETTING OUT OF IT"— Presentation transcript:

1 PARADIGMS OF 2008 CRISIS INTERPRETATION AND STRATEGIES OF GETTING OUT OF IT http://veravratusaesociology.wikispaces.com/

2 Sociology of knowledge hypotheses There are three main types of paradigmatic theoretical and methodological approaches to explanation and understanding of the 2008 systemic crisis’ causes and effects and related practical and political strategies of coming out of the crisis The ideological conflict of the partisans of these three paradigms and strategies, presents the expression of the social fight for the preservation, reform or elimination of the existing predominating social relations of exploitation, oppression and extinction Contradictory social interests are stemming from the opposed roles and places of affiliates of confronted groups of social actors within the class division of labor on commanding and executing work functions

3 neo-Adam-Smithean conservative paradigm and strategy ideological representatives of transnational financial oligarchy description of crisis as the result of external disturbance of the market equilibrium between offer and demand optimal exit from crisis through letting costs and wages settle down at the new corrected level, state should withdraw as soon as socialization of losses of large private owners improves national and global finances realization of the strategy of strict monetarism and deregulation, deepens the sysemic problem of insufficient demand and financial speculation personal union between the owners of control stock packages of transnational corporations and banks with the highest officials of state power, in fact permanently regulates market and incites to excessive borrowing resulting in debt slavery

4 neo-Keynesian reformist paradigm and strategy ideological representatives of national bourgeoisie description of the external circumstances and consequences of cyclical economic crises as internal tendency to insufficinet agregate demand optimal exit from crisis through measures of state intervention to stimulate aggregate demand realization of the strategy of major public investments and war economy through increased government debt to privately controlled central banks that issue money without coverage in real economy and deposits, increases inflation rate and just postpones the moment of "balloon" rupture”, exposing social democrats when in power as defenders of big capital interests

5 neo-Marxist revolutionary paradigm and strategy potential ideological representatives of the wage modern slaves and unemployed, the only class position that contains the universal liberation potentials explanation of crisis as systemic contradiction between potentially unlimited development of social productive forces and limited aims of reproduction of social relations of private appropriation of profit or unpaid surplus labor, enables prediction (Kondratiev, Mandel) optimal exit from crisis through overcoming of capitalist mode of production attempts at realization of the strategy of socialization of the control over means and conditions of life reproduction so far did not overcome class division of labor within self- organization of revolutionary movement by organization of social labor and exchange of activites

6 PROPOSITION to use the actual systemic crisis of the global accumulation of capital for learning on the previous deficiencies (partocracy, group property) continuation of the construction of integral solidary self- management social relations that eliminate class division of labour and alienated exchange of commodities the direct participation of associated producers and consumers in the decision-making concerning the organization of social production and reproduction of their own lives and the fullest development of the human capacities of each individual as condition for universal emancipation first step: reconsideration of privatizations done so far, canceling those that were not only illegitimate but also illegal, and enacting legislation baning privatization of natural resources, infrastructure, public services and of the remaining domestic banks


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