New political era: compromise
between the world working class and US bourgeoisie
Donald Trump’s
answers to the status quo
By Daniel
Paquet dpaquet1871@gmail.com
Since the setback
of socialism in Soviet Union, world was in a stalemate; we could say, rather in
an apprehension of a World War III … to overpass the situation. There was no possible way out. With the election of a pragmatic billionaire
in USA, Mr. Donald Trump, there could be a détente
in the universal class struggle.
First let us have a look to the economic situation in North America,
chiefly in financial terms.
“Despite
the recent rise in long-term interest rates, monetary policy in advanced
economies remains highly accommodative, including the use of unconventional
policies, and has helped support elevated asset valuations globally across most
asset classes. Since the June Financial System Review (FSR), corporate
spreads have edged down and stock markets have rallied in the United States and
Canada. The volume of corporate bond issuance in the United States is at a historical
high. Concern about the capitalization
of some European banks has also increased over the past six months,
however. This concern is compounded by
uncertainty around potential public sector support for these banks, and the situation
has weighed on their stock and bond prices.”[1]
Economy was
in a mess, especially in USA. “Who
deserves to go to prison more, the bank executives who almost destroyed the
global financial system in 2008, rigged market and broke sanctions or the auto
executives whose diesel cars were stuffed with illegal software designed to
falsify tailpipe emissions? (…) If the White House under President Barack Obama
had gone after reprobate bankers with
the same alacrity with which it’s going after
reprobate auto executives, maybe the anti-establishment tide that swept
Donald Trump to election victory might not have been so successful. (…) Why the
United States is letting bankers who behave badly go, but not the auto guys, is
an open question – is it because Volkswagen is a foreign company? Whatever the case, the Obama White House and
the Democrats in general did themselves zero favours by going easy on the bank
bosses. Bankers are unpopular, and
immoral bankers who walk free are especially unpopular – hated even. Their free passes no doubt help to stoke the
anti-establishment sentiment that propelled Mr. Trump to power.”[2]
“The
hectoring of three global giants in the world’s largest manufacturing industry by
the most powerful politician sent shudders through head offices from Japan to
Detroit to Ontario. The threat of
tearing up NAFTA or imposing big tariffs on vehicle exports into the United
States is a serious one as Mr. Trump seeks to force companies selling in the
U.S. market to keep jobs in the country.”[3]
“But the
NAFTA deal was not without controversy – especially when maverick presidential
candidate Ross Perot got some traction with his campaign against it. ‘If you’re paying $12, $13, $14 an hour for factory workers and you can move
your factory south of the border, pay a dollar an hour for labour … and you
don’t care about anything but making money, there will be a giant sucking sound
going south,’ he said in one
presidential debate.”[4]
“(The industry
is much interconnected and it’s much related :) Mr. Trump’s hostility toward
NAFTA and its threats to impose tariffs of a much as 35 percent on vehicles
made in Mexico (explains why).”[5]
“’I think
we have one of the great cabinets ever put together, ‘Mr. Trump said. We will have it to history to judge. The one thing they are most definitely not,
however, is representative of the working-class Americans who voted for Mr.
Trump. (…) Negatives aside, they are successful and experienced, and they are
not stupid. Mr. Trump – who has zero
government experience – is supposed to rely on their advice and their abilities
in order to manage the vast American federal bureaucracy. (…) The worry with Donald Trump is that there is nothing
left to learn (but) the expectation that everything will work out just because ’Trump’
says it will.”[6]
There are
two arguments here: since we cannot make
Trump change his mind, let us put some
pressure on his cabinet; and rather unusual (and since it is convenient) let us
call on the working class to contest, as the cannon fodder, Trump decisions in
his war against the establishment. Of
course, it is political opportunism, since the bourgeoisie does not expect the
workers to make more gain under Trump’s administration; at least anything more
than they did with Barack Obama. We will
take some space to deal with the current figures related to the working class
in USA.
“U.S.
employment increased less than expected in December, but a rebound in
wages pointed to sustained labour market momentum that sets up the economy for stronger growth and further interest rate increases
from the Federal Reserve this year. ‘Job creation and overall labour market
conditions remain solid. With the
potential for stronger fiscal stimulus in the form of infrastructure spending
and tax cuts, job creation appears likely to remain on a solid footing in
2017,’ said Jim Baird, chief investment
officer for Plante Moran Financial Advisors in Kalamazoo, Mich.”[7]
Organization becomes a necessity for the worker, now faced
by big capital. But is it possible to
organize a motley mass of people who are strangers to one another, even if they
work in one factory? (…) The joint work of hundreds and thousands of
workers in itself accustoms the workers to discuss their needs jointly, to take
joint action, and clearly shows them the identity of the position and interests
of the entire mass of workers. (…) The struggle of the workers against the employers
turns into a class struggle. All the employers are united by the one
interest of keeping the workers in a state of subordination and of paying them
the minimum wages possible. And the
employers see that the only way they can safeguard their interests is by joint
action on the part of the entire employing class, by acquiring influence over
the machinery of state. The workers are likewise bound together by a common
interest, that of preventing themselves being crushed by capital, of upholding
their right to life and to a humane existence.
And the workers likewise become convinced that they, too, need unity,
joint action by the entire class, the working class, and that to achieve this
they must secure influence over the machinery of state.”[8]
The US
national bourgeoisie is uniting around Donald Trump: world war would have been too near with
tandem Clinton-Obama and the Democrats altogether. US working-class has now a big
challenge. The new Party of Communists
USA has a trump however.
Blog: Communist News www.dpaquet1871.blogspot.com
In French: La
Nouvelle Vie Réelle www.lnvr.blogspot.com
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.
[1] Bank of
Canada, Assessment of Vulnerabilities and Risks, Financial System
Review, Ottawa, December 2016, page 2
[2] Reguly,
Eric, Who got a free ride? Bankers, not car execs, The Globe and
Mail, Report on Business Weekend, Saturday, January 14, 2017, page B4
[3] Keenan,
Greg, Auto sector nervously awaits the Trump card, The Globe and
Mail, Report on Business, Toronto, Weekend, Saturday, January 7, 2017, page B6
[4] Ibidem, Auto
sector nervously awaits the Trump card, page B6
[5] Ibidem, Auto
sector nervously awaits the Trump card, page B6
[6] Editorial, L’état,
c’est Trump?, The Globe and Mail, Toronto, Saturday, January 14, 2017,
page F6
[7] Mutikani,
Lucia, U.S. job growth slows, but wages rebound strongly, The Globe
and Mail, Report on Business Weekend, Toronto, Saturday, January 7, 2017, page
B2
[8] Lenin,
V.,I., On the International Working-Class and Communist Movement, Foreign
Languages Publishing House, Moscow, pages 16-18
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