The 200 year birthday of Karl Marx ocuured on May 5th, 2018.

Stuart Jeffries considers Marx relevance today and finds that what makes Marx worth today is his still resonant diagnoses of capitalism - that is, how globalisation works -today! “In place of the old wants,” Marx and Engels wrote, “satisfied by the production of the country, we find new wants, requiring for their satisfaction the products of distant lands and climes.” That’s why Chinese workers make products we never conceived would exist, let alone that we would covet, and that would convert us into politically quiescent, borderline sociopathic, sleepwalking narcissists. That’s right – I’m talking about iPhones.

I find it hard to read the first few pages of The Communist Manifesto without thinking that I live in the world he and Engels described. “Constant revolutionising of production, uninterrupted disturbance of all social conditions, everlasting uncertainty and agitation distinguish the bourgeois epoch from all earlier ones.” We inhabit a world just like that, only more intensely than Marx and Engels dared imagine. For me, these words don’t just capture how Uber, Deliveroo and the other virtuosos of the gig economy chip away at values and standards to make a fast buck, but also how the planet is relentlessly despoiled in order to satisfy tax-avoiding shareholders.

Marx didn’t foresee Facebook, but he grasped the essentials of Mark Zuckerberg’s business model, certainly better than American senators did at last month’s congressional hearings. “The bourgeoisie,” Marx and Engels wrote, beautifully, “has left remaining no other nexus between man and man than naked self- interest, than callous ‘cash payment’. It has drowned the most heavenly ecstasies of religious fervour, of chivalrous enthusiasm, of philistine sentimentalism, in the icy water of egotistical calculation.” Facebook, not to mention Amazon and Google, have made humans into exploitable assets. Which is some kind of genius.

But it’s what Marx wrote in Das Kapital in 1867 on commodity fetishism that, I think, is most painfully relevant to us today. By that term he meant how the ordinary things that workers produce – iPads, cars, even the spate of new books commemorating Marx’s 200th birthday – become, under capitalism, bewitchingly strange. Just as in some religions an object invested with supernatural powers becomes a fetish for those who worship it, so commodities under capitalism are accorded magical powers.

When an iPhone is sold, it is exchanged for another commodity (generally money). The exchange takes no account of the labour that went into the iPhone’s making, still less the fact that some of Apple’s underpaid workers have contemplated suicide in order to escape their lives manufacturing purportedly must-have gizmos for you and me. “A commodity, therefore, is a mysterious thing simply because in it the social character of men’s labour appears to them as an objective character stamped upon the product of that labour,” wrote Marx.

György Lukács followed up by stating that A new kind of human arises in a world where commodity fetishism is rampant. Those new humans are so degraded that buying and selling is their essence: I shop therefore I am.

Yanis Varoufakis considers The Communist Manifest of 1848 and finds that as a work of political literature, the manifesto remains unsurpassed. Its most infamous lines, including the opening one (“A spectre is haunting Europe – the spectre of communism”), have a Shakespearean quality. Like Hamlet confronted by the ghost of his slain father, the reader is compelled to wonder: “Should I conform to the prevailing order, suffering the slings and arrows of the outrageous fortune bestowed upon me by history’s irresistible forces? Or should I join these forces, taking up arms against the status quo and, by opposing it, usher in a brave new world?”

Today, a similar dilemma faces young people: conform to an established order that is crumbling and incapable of reproducing itself, or oppose it, at considerable personal cost, in search of new ways of working, playing and living together? Even though communist parties have disappeared almost entirely from the political scene, the spirit of communism driving the manifesto is proving hard to silence.

To see beyond the horizon is any manifesto’s ambition. But to succeed as Marx and Engels did in accurately describing an era that would arrive a century-and-a-half in the future, as well as to analyse the contradictions and choices we face today, is truly astounding. In the late 1840s, capitalism was foundering, local, fragmented and timid. And yet Marx and Engels took one long look at it and foresaw our globalised, financialised, iron-clad, all-singing-all-dancing capitalism. This was the creature that came into being after 1991, at the very same moment the establishment was proclaiming the death of Marxism and the end of history.

Most economists, including those sympathetic to Marx, doubted the manifesto’s prediction that “exploitation of the world-market” would give “a cosmopolitan character to production and consumption in every country”.

As it turned out, the manifesto was right, albeit belatedly. It would take the collapse of the Soviet Union and the insertion of two billion Chinese and Indian workers into the capitalist labour market for its prediction to be vindicated. Indeed, for capital to globalise fully, the regimes that pledged allegiance to the manifesto had first to be torn asunder. Has history ever procured a more delicious irony?

As production is mechanised, and the profit margin of the machine-owners becomes our civilisation’s driving motive, society splits between non-working shareholders and non-owner wage-workers. As for the middle class, it is the dinosaur in the room, set for extinction.

At the same time, the ultra-rich become guilt-ridden and stressed as they watch everyone else’s lives sink into the precariousness of insecure wage-slavery. Marx and Engels foresaw that this supremely powerful minority would eventually prove “unfit to rule” over such polarised societies, because they would not be in a position to guarantee the wage-slaves a reliable existence. Barricaded in their gated communities, they find themselves consumed by anxiety and incapable of enjoying their riches. Some of them, those smart enough to realise their true long-term self-interest, recognise the welfare state as the best available insurance policy. But alas, explains the manifesto, as a social class, it will be in their nature to skimp on the insurance premium, and they will work tirelessly to avoid paying the requisite taxes.

While we owe capitalism for having reduced all class distinctions to the gulf between owners and non-owners, Marx and Engels want us to realise that capitalism is insufficiently evolved to survive the technologies it spawns. It is our duty to tear away at the old notion of privately owned means of production and force a metamorphosis, which must involve the social ownership of machinery, land and resources.

When new technologies are unleashed in societies bound by the primitive labour contract, wholesale misery follows. In the manifesto’s unforgettable words: “A society that has conjured up such gigantic means of production and of exchange, is like the sorcerer who is no longer able to control the powers of the nether world whom he has called up by his spells.”

“The sorcerer will always imagine that their apps, search engines, robots and genetically engineered seeds will bring wealth and happiness to all. But, once released into societies divided between wage labourers and owners, these technological marvels will push wages and prices to levels that create low profits for most businesses. It is only big tech, big pharma and the few corporations that command exceptionally large political and economic power over us that truly benefit. If we continue to subscribe to labour contracts between employer and employee, then private property rights will govern and drive capital to inhuman ends. Only by abolishing private ownership of the instruments of mass production and replacing it with a new type of common ownership that works in sync with new technologies, will we lessen inequality and find collective happiness.*

Might it not be that the new global, increasingly precarious proletariat needs more time before it can play the historic role the manifesto anticipated? * *If we fear the rhetoric of revolution, or try to distract ourselves from our duty to one another, we will find ourselves caught in a vertiginous spiral in which capital saturates and bleaches the human spirit. The only thing we can be certain of, according to the manifesto, is that unless capital is socialised we are in for dystopic developments.

The problem with capitalism is not that it produces too much technology, or that it is unfair. Capitalism’s problem is that it is irrational. Capital’s success at spreading its reach via accumulation for accumulation’s sake is causing human workers to work like machines for a pittance, while the robots are programmed to produce stuff that the workers can no longer afford and the robots do not need. Capital fails to make rational use of the brilliant machines it engenders, condemning whole generations to deprivation, a decrepit environment, underemployment and zero real leisure from the pursuit of employment and general survival.

Stuart Jeffries

Yanis Varoufakis