Friday, August 1, 2014
Tuesday, July 15, 2014
Wednesday, July 9, 2014
"Reluctance," by Robert Frost
Reluctance
Out through the fields and the woods
And over the walls I have wended;
I have climbed the hills of view
And looked at the world, and descended;
I have come by the highway home,
And lo, it is ended.
The leaves are all dead on the ground,
Save those that the oak is keeping
To ravel them one by one
And let them go scraping and creeping
Out over the crusted snow,
When others are sleeping.
And the dead leaves lie huddled and still,
No longer blown hither and thither;
The last lone aster is gone;
The flowers of the witch hazel wither;
The heart is still aching to seek,
But the feet question ‘Whither?’
Ah, when to the heart of man
Was it ever less than a treason
To go with the drift of things,
To yield with a grace to reason,
And bow and accept the end
Of a love or a season?
— Robert Frost
Thursday, June 26, 2014
Slavoj Žižek: Only a radicalised left can save Europe
Austerity is not “too
radical”, as some leftist critics claim, but, on the contrary, too superficial,
an act of avoiding the true roots of the crisis, says Slavoj Žižek.
After the electoral triumph
of the anti-immigrant eurosceptic parties in countries like France and UK, many
liberals expressed their shock and worry. However, there was something of a
feigned naivety in their surprise and indignation, in their wonder at how the
victory of the populist right was possible. What one should wonder about is why
it took the anti-immigrant right so long to make a decisive breakthrough.
When Jean-Marie Le Pen made
a tasteless gas-chamber joke about a French Jewish pop singer – “we’ll do an
oven load next time” (Le Pen denies this
was intended to be anti-Semitic) – his daughter Marine Le Pen publicly
criticised him, thereby promoting her image as her father’s human face. It is
irrelevant if this family conflict is staged or real – the oscillation between
the two faces, the brutal one and the civilised one, is what defines today’s
populist right. Beneath the civilised public face, there lurks its obscene,
brutal underside, and the difference concerns only the degree to which this
underside is openly admitted. Even if this obscene underside remains totally
out of sight, even if it there are no slips in which it breaks through, it is
there as a silent presupposition, as an invisible point of reference. Without
her father’s spectre, Marine Le Pen doesn’t exist.
There is no surprise in Le
Pen’s message: the usual anti-elitist working class patriotism which targets
trans-national financial powers and the alienated Bruxelles bureaucracy. And,
effectively, Le Pen forms a clear contrast to the sterile European technocrats:
addressing the worries of ordinary people, she brings passion back to politics.
Even some disoriented leftists succumbed to the temptation to defend her: she rejects
the non-elected Bruxelles financial technocrats who brutally enforce the
interest of the international financial capital, prohibiting individual states
prioritising the welfare of their own population; she thus advocates a politics
that would be in contact with worries and cares of the ordinary working people
– her party’s fascist outbursts are a thing of the past. . . What unites Le Pen
and the European leftists who sympathise with her is their shared rejection of
a strong Europe, and the return to the full sovereignty of nation states.
The problem with this shared
rejection is that, as they say in a joke, Le Pen is not looking for the causes
of the distresses in the dark corner where they really are, but under the
light, because one sees better there. It begins with the right premise: the
failure of the austerity politics practised by the Bruxelles experts. When the
Romanian leftist writer Panait Istrati visited Soviet Union in the 1930s, the
time of the big purges and show trials, a Soviet apologist tried to convince
him of the need for violence against enemies, evoking the proverb “You can’t
make an omelette without breaking eggs”, to which Istrati tersely replied: “All
right. I can see the broken eggs. Where’s this omelette of yours?” We should
say the same about the austerity measures imposed by the Bruxelles technocrats:
“OK, you are breaking our eggs all around Europe, but where’s the omelette you
are promising us?”
The least one can say is
that the economic crisis of 2008 offers large proofs of how is it not the
people but these experts themselves who, in their large majority, don’t know
what they are doing. In western Europe, we are effectively witnessing a growing
inability of the ruling elite – they know less and less how to rule. Look at
how Europe is dealing with the Greek crisis: putting pressure on Greece to
repay debts, but at the same time ruining its economy through imposed austerity
measures and thereby making it sure the Greek debt will never be repaid. At the
end of December 2012, the IMF itself released research showing that the
economic damage from aggressive austerity measures may be as much as three
times larger than previously assumed, thereby cancelling its own advice on
austerity in the eurozone crisis. Now, the IMF admits that forcing Greece and
other debt-burdened countries to reduce their deficits too quickly would be
counterproductive… now, after hundreds of thousands of job have been lost
because of such “miscalculations”.
It is as if the providers
and caretakers of debt accuse the indebted countries of not feeling enough
guilt – they are accused of feeling innocent. Recall the ongoing EU pressure on
Greece to implement austerity measures – this pressure fits perfectly what
psychoanalysis calls superego. Superego is not an ethical agency proper, but a
sadistic agent which bombards the subject with impossible demands, obscenely
enjoying the subject’s failure to comply with them; the paradox of the superego
is that, as Freud saw it clearly, the more we obey its demands, the more we
feel guilty. Imagine a vicious teacher who gives his pupils impossible tasks,
and then sadistically jeers when he sees their anxiety and panic. This is what
is so terribly wrong with the EU’s demands and commands: they don’t even give a
chance to Greece, because Greek failure is part of the game.
Therein resides the true
message of the “irrational” popular protests all around Europe: the protesters
know very well what they don’t know, they don’t pretend to have fast and easy
answers, but what their instinct is telling them is nonetheless true – that
those in power also don’t know it. In Europe today, the blind are leading the
blind. Austerity politics is not really science, not even in a minimal sense;
it is much closer to a contemporary form of superstition – a kind of gut
reaction to an impenetrable complex situation, a blind common sense reaction of
“things went wrong, we are somehow guilty, we have to pay the price and
suffers, so let’s do something that hurts and spend less…”. Austerity is not
“too radical”, as some leftist critics claim, but, on the contrary, too
superficial, an act of avoiding the true roots of the crisis.
However, can the idea of a
united Europe be reduced to the reign of the Bruxelles technocrats? The proof
that this is not the case is that the US and Israel, two exemplary nation
states obsessed with their sovereignty, at some deep and often obfuscated level
perceive European Union as the enemy. This perception, kept under
control in the public political discourse, explodes in its underground obscene
double, the extreme right Christian fundamentalist political vision with its
obsessive fear of the New World Order (Obama is in secret collusion with the
United Nations, international forces will intervene in the US and put in
concentration camps all true American patriots – a couple of years ago, there
were already rumors that Latino American troupes are already in the Midwest
planes, building concentration camps. . .). This vision is deployed in
hard-line Christian fundamentalism, exemplarily in the works of Tim LaHaye et
consortes – the title of one of LaHaye’s novels points in this direction: The
Europa Conspiracy. The true enemy of the US are not Muslim terrorists,
they are merely puppets secretly manipulated by the European secularists, the
true forces of the anti-Christ who want to weaken the US and establish the New
World Order under the domination of the United Nations… In a way, they are
right in this perception: Europe is not just another geopolitical power block,
but a global vision which is ultimately incompatible with nation-states, a
vision of a transnational order that guarantees certain rights (welfare, freedom,
etc). This dimension of the EU provides the key to the so-called European
“weakness”: there is a surprising correlation between European unification and
its loss of global military-political power.
So what is wrong with the
Bruxelles technocrats? Not only their measures, their false expertise, but even
more their modus operandi. The basic mode of politics today is a
depoliticised expert administration and coordination of interests. The only way
to introduce passion into this field, to actively mobilise people, is through
fear: fear of immigrants, fear of crime, fear of godless sexual depravity, fear
of the excessive state itself, with its burden of high taxation, fear of
ecological catastrophe, fear of harassment (Political Correctness is the exemplary
liberal form of the politics of fear). Progressive liberals are, of course,
horrified by populist racism; however, a closer look soon reveals how their
multicultural tolerance and respect for (ethnic, religious, sexual) others
shares a basic premise with anti-immigrants: the fear of others clearly
discernible in the liberals’ obsession with harassment. The other is fine, but
only insofar as his presence is not intrusive, insofar as this other is not
really other. . .
No wonder the topic of
“toxic subjects” is gaining ground recently. While this notion originates from
popular psychology that warns us against the emotional vampires who prey on us
out there, this topic is expanding much further than immediate interpersonal
relations: the predicate “toxic” covers a series properties which belong to
totally different levels (natural, cultural, psychological, political). A
“toxic subject” can be an immigrant with a deadly disease who should be
quarantined; a terrorist whose deadly plans should be prevented and who belongs
to Guantanamo, the empty zone exempted from the rule of law; a fundamentalist
ideologue who should be silenced because he is spreading hatred; a parent,
teacher or priest who abuses and corrupts children. What is toxic is ultimately
the foreign neighbour as such, so that the ultimate aim of all rules governing
interpersonal relations is to quarantine or at least neutralise and contain
this toxic dimension.
On today’s market, we find a
whole series of products deprived of their malignant property: coffee without
caffeine, cream without fat, beer without alcohol. . . And the list goes on:
what about virtual sex as sex without sex, the Colin Powell doctrine of warfare
with no casualties (on our side, of course) as warfare without warfare, the
contemporary redefinition of politics as the art of expert administration as
politics without politics, up to today’s tolerant liberal multiculturalism as
an experience of the other deprived of its otherness – the decaffeinated other
who dances fascinating dances and has an ecologically sound holistic approach
to reality, while features like wife beating remain out of sight. . .
Is this detoxification of
the immigrant Other not the main point of Nigel Farage’s Ukip programme? Farage
repeatedly emphasises that he is not against the presence of foreign workers in
the UK, that he highly appreciates the hard-working Poles and their
contribution to the British economy. When he was asked on LBC about why he said
that people wouldn't like to have Romanians living in the appartment next to
their own, the contrast was immediately drawn with German neighbours – what
worried him, he said, were people with criminal records being allowed to enter
the UK. This is the stance of the “civilised” anti-immigrant right: the
politics of the detoxified neighbour – good Germans versus bad Romanians or
Roma. This vision of the detoxification of the Neighbour presents a clear
passage from direct barbarism to barbarism with a human face. In what
conditions does it arise?
Walter Benjamin’s old thesis
that behind every rise of fascism there is a failed revolution not only still
holds today, but is perhaps more pertinent than ever. Rightist liberals like to
point out similarities between left and right “extremisms”: Hitler’s terror and
camps imitated Bolshevik terror, the Leninist party is today alive in al-Qaeda
– does this not rather indicate how fascism replaces (takes the place of) a
failed leftist revolution? Its rise is the left’s failure, but simultaneously a
proof that there was a revolutionary potential, a dissatisfaction which the
left was not able to mobilise. And does the same not hold for today’s so-called
“islamo-fascism”? Is the rise of radical Islamism not correlative to the
disappearance of the secular left in Muslim countries? Today, when Afghanistan
is portrayed as the utmost Islamic fundamentalist country, who still remembers
that, 30 years ago, it was a country with strong secular tradition, up to a
powerful Communist party which took power there independently of the Soviet Union?
As Thomas Frank has shown, the same goes for Kansas, the homegrown US version
of Afghanistan: the very state which was till the 1970s the bedrock of radical
leftist populism, is today the bedrock of Christian fundamentalism. And the
same goes for Europe: the failure of the leftist alternative to global
capitalism gives birth to anti-immigrant populism.
Even in the case of clearly
fundamentalist movements, one should be careful not to miss the social
component. The Taliban are regularly presented as a fundamentalist Islamist
group enforcing its rule with terror – however, when, in the spring of 2009,
they took over the Swat Valley in Pakistan, New York Times reported
that they engineered “a class revolt that exploits profound fissures between a
small group of wealthy landlords and their landless tenants”. If, by taking
advantage of the farmers’ plight, the Taliban are “raising alarm about the
risks to Pakistan, which remains largely feudal”, what stops liberal democrats
in Pakistan as well as the US similarly “taking advantage” of this plight and
trying to help the landless farmers? The sad implication of this fact is that
the feudal forces in Pakistan are the “natural ally” of the liberal democracy.
. . And, mutatis mutandis, the same goes for Farage and Le Pen: their rise
is the obverse of the demise of the radical left.
Friday, June 20, 2014
How WikiLeaks opened our eyes to the illusion of freedom
by Slavoj Žižek
Julian Assange, who went
into exile in the Ecuadorean embassy two years ago, has blown apart the myth of
western liberty
http://www.theguardian.com/commentisfree/2014/jun/19/hypocrisy-freedom-julian-assange-wikileaks
We remember anniversaries
that mark the important events of our era: September 11 (not only the 2001 Twin
Towers attack, but also the 1973 military coup against Allende in Chile),
D-day, etc. Maybe another date should be added to this list: 19 June.
Most of us like to take a
stroll during the day to get a breath of fresh air. There must be a good reason
for those who cannot do it – maybe they have a job that prevents it (miners,
submariners), or a strange illness that makes exposure to sunlight a deadly
danger. Even prisoners get their daily hour's walk in fresh air.
Today, 19 June, marks two
years since Julian Assange was deprived of this right: he is permanently
confined to the apartment that houses the Ecuadorian embassy in London. Were he
to step out of the apartment, he would be arrested immediately. What did
Assange do to deserve this? In a way, one can understand the authorities:
Assange and his whistleblowing colleagues are often accused of being traitors,
but they are something much worse (in the eyes of the authorities).
Assange designated himself a
"spy for the people". "Spying for the people" is not a
simple betrayal (which would instead mean acting as a double agent, selling our
secrets to the enemy); it is something much more radical. It undermines the
very principle of spying, the principle of secrecy, since its goal is to make
secrets public. People who help WikiLeaks are no longer whistleblowers who
denounce the illegal practices of private companies (banks, and tobacco and oil
companies) to the public authorities; they denounce to the wider public these
public authorities themselves.
We didn't really learn
anything from WikiLeaks we didn't already presume to be true – but it is one
thing to know it in general and another to get concrete data. It is a little
bit like knowing that one's sexual partner is playing around. One can accept
the abstract knowledge of it, but pain arises when one learns the steamy
details, when one gets pictures of what they were doing.
When confronted with such
facts, should every decent US citizen not feel deeply ashamed? Until now, the
attitude of the average citizen was hypocritical disavowal: we preferred to
ignore the dirty job done by secret agencies. From now on, we can't pretend we
don't know.
It is not enough to see
WikiLeaks as an anti-American phenomenon. States such as China and Russia are
much more oppressive than the US. Just imagine what would have happened to
someone like Chelsea Manning in a Chinese court. In all probability, there
would be no public trial; she would just disappear.
The US doesn't treat
prisoners as brutally – because of its technological priority, it simply does
not need the openly brutal approach (which it is more than ready to apply when
needed). But this is why the US is an even more dangerous threat to our freedom
than China: its measures of control are not perceived as such, while Chinese
brutality is openly displayed.
In a country such as China
the limitations of freedom are clear to everyone, with no illusions about it.
In the US, however, formal freedoms are guaranteed, so that most individuals
experience their lives as free and are not even aware of the extent to which they
are controlled by state mechanisms. Whistleblowers do something much more
important than stating the obvious by way of denouncing the openly oppressive
regimes: they render public the unfreedom that underlies the very situation in
which we experience ourselves as free.
Back in May 2002, it was
reported that scientists at New York University had attached a computer chip
able to transmit elementary signals directly to a rat's brain – enabling
scientists to control the rat's movements by means of a steering mechanism, as
used in a remote-controlled toy car. For the first time, the free will of a
living animal was taken over by an external machine.
How did the unfortunate rat
experience its movements, which were effectively decided from outside? Was it
totally unaware that its movements were being steered? Maybe therein lies the
difference between Chinese citizens and us, free citizens of western, liberal
countries: the Chinese human rats are at least aware they are controlled, while
we are the stupid rats strolling around unaware of how our movements are
monitored.
Is WikiLeaks pursuing an
impossible dream? Definitely not, and the proof is that the world has already
changed since its revelations.
Not only have we learned a
lot about the illegal activities of the US and other great powers. Not only
have the WikiLeaks revelations put secret services on the defensive and set in
motion legislative acts to better control them. WikiLeaks has achieved much
more: millions of ordinary people have become aware of the society in which
they live. Something that until now we silently tolerated as unproblematic is
rendered problematic.
This is why Assange has been
accused of causing so much harm. Yet there is no violence in what WikiLeaks is
doing. We all know the classic scene from cartoons: the character reaches a
precipice but goes on running, ignoring the fact that there is no ground
underfoot; they start to fall only when they look down and notice the abyss.
What WikiLeaks is doing is just reminding those in power to look down.
The reaction of all too many
people, brainwashed by the media, to WikiLeaks' revelations could best be
summed up by the memorable lines of the final song from Altman's film Nashville:
"You may say I ain't free but it don't worry me." WikiLeaks does make
us worry. And, unfortunately, many people don't like that.
Tuesday, June 17, 2014
Only art can save us now
by Santiago Zabala
The world needs creative
interpretations of global issues, not better descriptions of things people are
accustomed to.
Perhaps rather than God, as Martin
Heidegger once said, it is art that can save us. After all, artistic
creations have always had political, religious and social meanings that also
aimed in some way to save us. Certainly, they also express beauty, but this
depends very much on the public's aesthetic taste, which varies according to
the cultural environment of each society.
But when the political
meaning is manifest, aesthetics (our sensations and taste) lose ground in
favour of interpretation (knowledge and judgment); that is, instead of inviting
us to contemplate its beauty, a work calls us to respond, react and become involved.
As it turns out, art - as a channel to express reactions to significant issues
- has sometimes worked better than historical or factual reconstructions.
[...]
Pablo Picasso's Guernica is the example we all have in mind: painted
as a response to the Spanish nationalist forces' bombing of a town in the
Basque country, it was used not only to inform the public but also as a symbol
of all the innocent victims of war. This is probably why
"aesthetics", a term coined by the German philosopher Alexander Baumgarten in 1735, refers not only to the
study of art but also to sensory experience coupled with feelings regardless of
the nature of its object. But can contemporary art, whether through music,
conceptual installations or cinema actually save us from the damned
circumstances, atrocities and injustices we live among?
As an ontological
discipline, philosophy must always pay attention to existential claims, whether
they come from science, religion or art. Even though this is now possible,
since philosophy (and aesthetics) has overcome metaphysics, that is,
objectivist-representational nature (which also limited art's creations), not
all philosophers pay attention to the claims these works make.
If such distinguished
thinkers as Arthur Danto and Gianni
Vattimo have moved beyond aesthetic representationalism and formalism,
it is because of their post-metaphysical positions but also their interest in
art's current existential appeal. Both philosophers seem to agree that the end
of art proclaimed by Hegel is not simply a matter of art becoming conceptual -
that is, "philosophical". Rather, the radical changes brought about
in the advent of global society mean that the artist today must respond to a
wider public than in the past, one that is concerned with the same global
issues that affect the artist.
Existential intervention
After the eras of
"imitation" and "ideology", when artists were often
commissioned for their work, we have now entered the era of "existential
claims", where we, the viewers, are the ones called to respond. Although
this began in 1917 when Marcel Duchamp revealed his Fountain (to point out how any "readymade"
could become a work of art if placed within the walls of a museum), there are
some new examples of (as Danto and Vattimo would probably call them) "transfigurations
of our common places" for "existential claims of truth", that is, art that is
determined to save us. But what here is transfigured and claimed?
[...]
When one listens to Tom
Waits' The Road to Peace or watches Alfredo Jaar's Rwanda
Project or Daniele Viccari's Diaz: Don't Clean
up this Mess, it is difficult to remain simply (aesthetically) satisfied
since they involve us at an existential level. But this is not because they
simply narrate the truth of ongoing events (the Palestinian-Israeli conflict,
the 1994 Rwanda genocide and the brutal police violence against the 2001 G8
protesters in Genoa) in a more objectivist way than we are accustomed to, but
rather because they demand that we take a stance in a process of
transformation, which is vital for our future.
Rather than points of
arrival for consumers' contemplation of beauty, they are points of departure to
change the world, a world that needs new interpretations instead of better
descriptions. While some might consider these works excessively politically
correct, it is difficult to ignore their interest in our salvation. But
salvation from what?
If there is a
"transfiguration" (in music, photographs, film) of our
"commonplaces" (conflict, genocide, violence) in these three works,
it does not come only from the creative energy in the composition but also
because these commonplaces have become much too common. If we have become so
accustomed to these events that we take them for granted, then art is saving us
from discrimination, forgetfulness and annihilation.
It should not come as a
surprise that Hans-Georg Gadamer's greatest concern was to emphasise
how art, just as science, also manifests claims of truth. The only difference
between them is their requirements: while science will remain satisfied with
propositional truths (information regarding the state of things), art demands
we enter into dialogue with the work.
This is why the German
master believed so much in the capacity of hermeneutic philosophy (concerned
with the interpretative nature of human beings) to stimulate further interest
through interpretation. If "being", that is, our existence, were affected
only by propositional truths, not only art would be useless but also the
variety of information networks that are the cornerstone of democratic
institutions.
Waits, Jaar and Viccari call
their audiences to respond and also to intervene practically - and this, an
involvement in the shocking commonplace atrocities of the world, is necessarily
existential.
Santiago Zabala is ICREA Research Professor of Philosophy at the University of Barcelona. His books include The Hermeneutic Nature of Analytic Philosophy (2008), The Remains of Being (2009), and, most recently, Hermeneutic Communism (2011, coauthored with G. Vattimo), all published by Columbia University Press. His forthcoming book is 'Only Art Can Save Us: The Emergency of Aesthetics'.
Wednesday, June 11, 2014
The French are right: tear up public debt
The French are right: tear up public debt – most of it is
illegitimate anyway
Debt audits show that austerity is politically motivated
to favour social elites. Is a new working-class internationalism in the air?
As history has shown, France is capable of the best and
the worst, and often in short periods of time.
http://www.theguardian.com/commentisfree/2014/jun/09/french-public-debt-audit-illegitimate-working-class-internationalim?CMP=EMCNEWEML6619I2
by Razmig Keucheyan
On the day following Marine Le Pen's Front National victory in the European
elections, however, France made a decisive contribution to the reinvention of a
radical politics for the 21st century. On that day, the committee for a citizen's audit
on the public debt issued a 30-page report on French public debt, its
origins and evolution in the past decades. The report was written by a group of
experts in public finances under the coordination of Michel Husson, one of
France's finest critical economists. Its conclusion is straightforward: 60% of
French public debt is illegitimate.
Anyone who has read a newspaper in recent years knows how
important debt is to contemporary politics. As David Graeber among
others has shown, we live in debtocracies, not democracies. Debt, rather than
popular will, is the governing principle of our societies, through the devastating
austerity policies implemented in the name of debt reduction. Debt was also a
triggering cause of the most innovative social movements in recent years, the
Occupy movement.
If it were shown that public debts were somehow
illegitimate, that citizens had a right to demand a moratorium – and even the
cancellation of part of these debts – the political implications would be huge.
It is hard to think of an event that would transform social life as profoundly
and rapidly as the emancipation of societies from the constraints of debt. And
yet this is precisely what the French report aims to do.
The audit is part of a wider movement of popular debt
audits in more than 18 countries. Ecuador and Brazil have had theirs, the former at the
initiative of Rafael Correa's government, the latter organised by civil
society. European social movements have also put in place debt audits, especially
in countries harder hit by the sovereign debt crisis, such as Greece and Spain. In Tunisia, the post-revolutionary
government declared the debt taken out during Ben Ali's dictatorship an
"odious" debt: one that served to enrich the clique in power, rather
than improving the living conditions of the people.
The report on French debt contains several key findings.
Primarily, the rise in the state's debt in the past decades cannot be explained
by an increase in public spending. The neoliberal argument in favour of
austerity policies claims that debt is due to unreasonable public spending
levels; that societies in general, and popular classes in particular, live
above their means.
This is plain false. In the past 30 years, from 1978 to
2012 more precisely, French public spending has in fact decreased by two GDP
points. What, then, explains the rise in public debt? First, a fall in the tax
revenues of the state. Massive tax reductions for the wealthy and big
corporations have been carried out since 1980. In line with the neoliberal
mantra, the purpose of these reductions was to favour investment and
employment. Well, unemployment is at its highest today, whereas tax revenues
have decreased by five points of GDP.
The second factor is the increase in interest rates,
especially in the 1990s. This increase favoured creditors and speculators, to
the detriment of debtors. Instead of borrowing on financial markets at
prohibitive interest rates, had the state financed itself by appealing to
household savings and banks, and borrowed at historically normal rates, the
public debt would be inferior to current levels by 29 GDP points.
Tax reductions for the wealthy and interest rates
increases are political decisions. What the audit shows is that public deficits
do not just grow naturally out of the normal course of social life. They are
deliberately inflicted on society by the dominant classes, to legitimise austerity
policies that will allow the transfer of value from the working classes to the
wealthy ones.
A stunning finding of the report is that no one actually
knows who holds the French debt. To finance its debt, the French state, like
any other state, issues bonds, which are bought by a set of authorised banks.
These banks then sell the bonds on the global financial markets. Who owns these
titles is one of the world's best kept secrets. The state pays interests to the
holders, so technically it could know who owns them. Yet a legally organised
ignorance forbids the disclosure of the identity of the bond holders.
This deliberate organisation of ignorance – agnotology –
in neoliberal economies intentionally renders the state powerless, even when it
could have the means to know and act. This is what permits tax evasion in its
various forms – which last year cost about €50bn to European societies, and
€17bn to France alone.
Hence, the audit on the debt concludes, some 60% of the
French public debt is illegitimate.
An illegitimate debt is one that grew in the service of
private interests, and not the wellbeing of the people. Therefore the French
people have a right to demand a moratorium on the payment of the debt, and the
cancellation of at least part of it. There is precedent for this: in 2008 Ecuador
declared 70% of its debt illegitimate.
The nascent global movement for debt audits may well
contain the seeds of a new internationalism – an internationalism for today –
in the working classes throughout the world. This is, among other things, a
consequence of financialisation. Thus debt audits might provide a fertile ground
for renewed forms of international mobilisations and solidarity.
This new internationalism could start with three easy
steps.
1) Debt audits in all countries
The crucial point is to demonstrate, as the French audit
did, that debt is a political construction, that it doesn't just happen to
societies when they supposedly live above their means. This is what justifies
calling it illegitimate, and may lead to cancellation procedures. Audits on
private debts are also possible, as the Chilean artist Francisco Tapia has
recently shown by auditing student loans in an imaginative way.
2) The disclosure of the identity of debt holders
A directory of creditors at national and international
levels could be assembled. Not only would such a directory help fight tax
evasion, it would also reveal that while the living conditions of the majority
are worsening, a small group of individuals and financial institutions has
consistently taken advantage of high levels of public indebtedness. Hence, it
would reveal the political nature of debt.
3) The socialisation of the banking system
The state should cease to borrow on financial markets,
instead financing itself through households and banks at reasonable and
controllable interest rates. The banks themselves should be put under the
supervision of citizens' committees, hence rendering the audit on the debt
permanent. In short, debt should be democratised. This, of course, is the
harder part, where elements of socialism are introduced at the very core of the
system. Yet, to counter the tyranny of debt on every aspect of our lives, there
is no alternative.
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