Date: Tue, 25 Mar 1997 20:44:38 +0000 Subject: Re: M-G: Congo: People wins! DAVID: Do the people win? The people win if they can take control of the popular struggle against the Mobutu regime and prevent Kabila >from setting up another imperialist client regime. Kabila may have a long track record as a rebel, but he looks today like any other nationalist leader trying to win control of the mineral resources of Zaire from the corrupt, dictatorial Mobutu clique, in order to offer his services to imperialism. KARL: It is questionable as to whether one can talk of a modern industrial working class as existing in Zaire in any real substantive sense. Sub-Saharan Africa has been experiencing a feeble accumulation of capital. Capital inflows to this region have diminished to a trickle. It is the lack of even moderate industrialisation in this region that constitutes a key factor in the poverty, wars and instability that dogs this region. Consequently to simply focus in on most recent and most conspicuous crisis, as David does, gets marxism nowhere. What is needed is an understanding of why and how sub-Saharan Africa in particular, and perhaps even virtually the entire continent, has experienced what many commentators would describe as de-industrialisation. Marxism promotes the Law of the Tendency of the Rate of Profit to Fall as a central law of contemporary capitalism. Yet if this law is operating why is that industrial capital is failing to migrate to sub-Saharan Africa where the general rate of profit, logically speaking,is higher than in the so-called core economies such as the States, Europe and Japan. Indeed capital flows are are heavily concentrated between the imperialist economies despite claims by marxism that the Tendency of the Rate of Profit to fall is a law. Until marxism offers a valid explanation of economic conditions in sub-Saharan Africa it will have essentially offered nothing in the way of an explanation of world economic conditions. An analysis of events in Zaire must be placed within the context of an overall analysis of conditions in sub-Saraharan Africa. Yours etc., Karl --- from list marxism-general-AT-lists.village.virginia.edu ---
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