The economic is impersonal

The Light is a monthly free newspaper aimed at winning people over to a particular point of view. It’s been going since 2020 and champions various conspiracy theories, in particular that the Covid pandemic and the climate crisis are hoaxes designed to get people to accept restrictions on their freedom imposed by a secretive, self-serving elite. It is also a place where various other eccentric theories, as against conventional medicine, 5G, ‘transgenderism’, MMR and other jabs, are aired as well as for ‘natural’ cures and currency reform. It doesn’t seem to be antisemitic, as has been alleged. According to Wikipedia it has 100,000 copies printed each month, and so will have some influence.

The front page article in March this year sets out its basic position. Headlined ‘Agenda of lies to control us. World is awash with disinformation’, it begins:

‘People often ascribe failures and disasters to incompetence, greed or corruption. And while these play a part, there is a plan in place to continue to degrade everybody’s standard of living to the point where we will be grateful for handouts — a universal basic income’.

The next page explains who it thinks is behind this plan:

‘It should now be clear that a cabal of corporations, bankers and non-governmental organisations, aided by progressive political leaders (the Davos set) is really running the world. They care not for the ordinary people, but for their own elevation to an elite-run technocracy. The contrived climate crisis is the means by which citizens are held in a tightening ratchet of supposedly ecological policies’.

Its language can be quite radical. Its aim, the editorial in June declared, is ‘to help raise awareness of the evil agenda to control the entire population, and all the world’s resources, by a tiny few.’ And from the same issue:

‘Wage/Debt Slavery. While we all need money if we want a roof over our heads and food in our bellies, spending our entire lives working for a government bureaucracy or corporate kleptocracy is as soul-destroying as it is a waste of a life. No-one was born to just drudge by and pay the bills. That’s why they give you cheap entertainment and let you get drunk and high — so you don’t explode with boredom and meaninglessness and start raging against the machine’.

And ‘The Owners do not have enough real power to control the 99% through overt force, which is why they must trick us with deception’ (March).

There is some truth in what they say. There is a privileged elite in whose interest governments act and the economy functions. And our standard of living has been under attack and has in fact been reduced over recent years. So their message could appeal to those who resent both of these. Those behind The Light are latching on to this discontent and resentment, offering an explanation and, less frequently, what they see as the way out.

But there is much more that is wrong in what they say. Indeed, the charge of ‘disinformation’ could be levelled at them. The threat from global over-warming may be exaggerated by some but it does exist. The Covid pandemic could not just have been left to run its course (it would have been irresponsible for any central administration, even a capitalist one, to let that happen). Their basic mistake is assuming that everything that happens in society and the economy has to be ‘planned’ by some group.

Unplanned

The capitalist economy is by its nature unplanned; its working gives rise to impersonal market forces that governments cannot control and which, on the contrary, exert pressure on them to give priority, over meeting people’s needs, to profit-making and capital accumulation by the minority class who own the means of production. Because governments do not have a free hand but have to act in line with the economic laws of capitalism, the impression can arise that the world is controlled by some ‘cabal’ that plans what happens and instructs governments what to do. But once it is understood that the economic laws of capitalism act as if they were a force of nature then the need to have recourse to a cabal with a plan disappears. There is no cabal. There is no plan. There is just the operation of capitalism’s impersonal economic laws.

Until the Covid pandemic and the lockdowns that were imposed those with such views were confined to theorising about the coming of a ‘new world order’ that was going to suppress the individual’s freedom to act as they chose. The lockdowns, and the demonstrations against them involving many thousands of people, gave them a chance to acquire an activist base. This still exists. The Light is distributed free by volunteers. Street stalls are held. Protests are organised to resist what they see as the cabal’s plan. Like the anarchists and Trotskyists their emphasis is on ‘resistance’; they even use the same slogans such as ‘the power of the people is stronger than the people in power’.

However, unless they are simply what someone once called ‘mindless militants’ who just ‘resist’ without having any idea of an alternative (which of course is entirely possible), presumably they want the ‘plan’ to be defeated and the ‘elite-run technocracy’ to be overthrown. So, what do they envisage should take its place, where we will all be ‘free’, our standard of living won’t be degraded and we won’t be a drudge ‘working for a government bureaucracy or corporate kleptocracy’? What will be its basis?

Individualists

Here they fall back on the philosophical views of intellectuals who are in the American tradition of individualism, ‘libertarians’ as they are called over there. There is also an overlap with individualist anarchism. The April issue had an article advocating the ideas of Henry Thoreau, including not taking part in elections (contradicted by an appeal a couple of pages later for candidates to stand as independents in local elections). In the same issue there was an interview with a freelance illustrator, Lee Simpson, who echoed the anarchist Proudhon:

‘My suggestion is an old idea called mutualism, where people freely organise into worker co-operatives, using a money backed by labour (the only thing we have a monopoly on) and take part in a legitimate free market’.

But mutualist anarchists are not the only ones who laud the ‘free market’. So do out-and-out defenders of capitalism in the tradition of a reactionary like Hayek and his polemic The Road to Serfdom. An article in May against paper money was subtitled ‘Free exchange of goods and services is bedrock of freedom’ and ends

‘ … those who value liberty know that personal ownership and the unfettered exchange of goods, services and ideas remains the bedrock of those free nations that refuse to be enslaved.’

Like, presumably, the United States.

An article in the previous issue on ‘How to build a resilient economy’ answered ‘Keep using cash and resist digital currencies’, arguing that:

‘Cash provides the opportunity to build a robust, resilient, and inclusive economy. An economy in which high streets prosper and in which towns aren’t some identikit version of each other. An economy in which goods and services are mostly produced locally. And most critically: an economy which doesn’t collapse every time there is a minor contraction in the money supply. The use and re-use of cash is the key to realising this sound economic foundation’.

The article went on to give as one of the advantages of cash that ‘it tends to be spent locally’ and that ‘it is more frequently spent in small independent businesses than large multinational chains’.

Exactly the same argument that Greens use to advocate local currencies. In fact, the author evidently shares the Green Party’s ideal of going back to a smaller-scale capitalist economy with no Big Business and no Big Banks.

Against ‘communism’

There is a tension, even a contradiction, between the different supporters of the free market, between those who appear near to the anarchists and Greens and those who think that the US is a ‘free nation’. The former won’t normally be attracted either to views expressed by other contributors against ‘transgenderism’ and refugees. All that unites them is a belief that a ‘free market’ will make things better and opposition to state capitalism that they misidentify as ‘communism’ and ‘authoritarian socialism’.

But, properly understood, communism (or socialism, the same thing) is not state capitalism. It is the negation of capitalism in all forms, and means the end of the whole market economy, whether ‘free’ or regulated by the state. A return to the smaller-scale capitalism of yesteryear, even if it were possible, would not solve the problems faced by ‘wage slaves’; the whole process which has led to the corporate capitalism we know today would start all over again and we would eventually end up where we are now.

The only way to stop people being subjected to economic forces that dominate them is to end capitalism with its class ownership of resources and its production for sale with a view to profit. To replace it with a society based on the common ownership and democratic control of productive resources, so allowing them to be used to directly turn out what people require to satisfy their needs. That, not an idealised free market, would put an end to the impersonal market forces that The Light mistakenly takes for the machinations of some imaginary cabal.

ADAM BUICK


Next article: The rise of fictitious capital ➤

2 Replies to “The economic is impersonal”

  1. The Greens support a free market?! They seem to want a federalised world with a mostly privately owned economy, which is made-up of small businesses (as you wrote), but with more state intervention in the market than you can shake a stick at.

  2. The Light has replied by email:

    “Actually tried to reply on your piece, but it doesn’t accept comments.
    We disagree completely, and don’t have the time to discuss, sorry.
    Our previous issues set out what we think will work – as small a government as possible.
    Every socialist/communist solution wants central planning, which is always a failure.
    Peace.”

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