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Michael A. Lebowitz interviewed by Darko Vesić and Aleksandar Stojanović
Darko Vesić and Aleksandar Stojanović: Capitalism has been in crisis for several years now and in response to this crisis the capitalist states practice so-called austerity measures. If we look at the historical dynamics of capitalism in the last half century, we see that they responded to the crisis of the 1970s with what is now called “neoliberalism”. If the restoration of growth is what must be carried out as a response to the crisis, we can say that neoliberalism of the 1970s was successful. Yet, can we say same of present-day “austerity measures”?
By Michael A. Lebowitz, Ljubljana
May 4, 2013 -- Links International Journal of Socialist Renewal -- If we don't understand a system as it is fully developed [its "being"] and thus its critical characteristics, we cannot investigate the "becoming" of those characteristics.
This is why Marx discussed primitive (or original) accumulation of capital only at the end of volume 1 of Capital. Exclusive focus upon the emergence of the new elements, however, is not real history. "Becoming" is two sided: it is both a coming into being and a passing away. The concept of primitive accumulation explores only the former; it considers the new being born but not the old struggling to remain alive. It is, in short, one-sided. Not only does it fail to explore on its own the struggle of the old for its reproduction but it also does not consider the interaction, the morbid symptoms and dysfunction when two sets of productive relations are engaged in contested reproduction with respect to their control of the elements of production.