[Xmca-l] Re: My Hometown Minneapolis

[Haydi Zulfei]

<https://urldefense.com/v3/__https://public-api.wordpress.com/bar/?stat=groovemails-events&bin=wpcom_email_click&redirect_to=https*3A*2F*2Fthenextrecession.wordpress.com*2Fauthor*2Fbobmckee*2F&sr=1&signature=a679af3acf89dec28d40f0c861faa608&user=29219877&_e=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&_z=z__;JSUlJSUl!!Mih3wA!UtyCa1bWPX2Q1DQWekgi1dnXAf57VJ11_oqiTk8FTICmT5TIMMhdrjRh0Mi_rPbXVLTaoA$ >
Returning
to normal?
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by michael roberts
<https://urldefense.com/v3/__https://public-api.wordpress.com/bar/?stat=groovemails-events&bin=wpcom_email_click&redirect_to=https*3A*2F*2Fthenextrecession.wordpress.com*2Fauthor*2Fbobmckee*2F&sr=1&signature=a679af3acf89dec28d40f0c861faa608&user=29219877&_e=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&_z=z__;JSUlJSUl!!Mih3wA!UtyCa1bWPX2Q1DQWekgi1dnXAf57VJ11_oqiTk8FTICmT5TIMMhdrjRh0Mi_rPZfDYOSUg$ >

The recent release of the US jobs data for May, which apparently showed a
reduction in the unemployment rate from April, sparked a sharp rally in the
US stock market. And if you were to follow the stock markets of the major
economies, you would think that the world economy was racing back to normal
as the lockdowns imposed by most governments to combat the spread of
COVID-19 pandemic are relaxed and even ended.

The stock markets of the world, after dropping precipitately when the
lockdowns began, have rocketed back towards previous record levels over the
last two months. This rally has been driven, first, by the humungous
injections of money and credit into the financial system by the major
central banks.  This has enabled banks and companies to borrow at zero or
negative rates with credit guaranteed by the state, so no danger of loss
from default. At the same time, governments in the US, UK and Europe have
made direct bailout funds to major companies stricken by the lockdowns,
like airlines, auto and aircraft makers, leisure companies etc.

It’s a feature of the 21st century that central banks have become the
principal support mechanism for the financial system, propping up the
leverage that had grown during the ‘great moderation’ a phenomenon that I
detailed in my book, The Long Depression
<https://urldefense.com/v3/__https://www.haymarketbooks.org/books/693-the-long-depression__;!!Mih3wA!UtyCa1bWPX2Q1DQWekgi1dnXAf57VJ11_oqiTk8FTICmT5TIMMhdrjRh0Mi_rPZlqtbgCA$ >.  This has
combated the low profitability in the productive value-creating sectors of
the world capitalist economy.  Companies have increasingly switched funds
into financial assets where investors can borrow at very low rates of
interest to buy and sell stocks and bonds and make capital gains. The
largest companies have been buying back their own shares to boost prices.
In effect, what Marx called 'fictitious capital' has risen in ‘value’ while
real value has stagnated or fallen.

On Sat, Jun 6, 2020 at 2:29 PM Haydi Zulfei <haydizulfei@gmail.com> wrote:

> JUNE 4, 2020Our History is Our Future
> <https://urldefense.com/v3/__https://www.counterpunch.org/2020/06/04/our-history-is-our-future/__;!!Mih3wA!UtyCa1bWPX2Q1DQWekgi1dnXAf57VJ11_oqiTk8FTICmT5TIMMhdrjRh0Mi_rPZuRwh9KQ$ >by JOHN
> DAVIS <https://urldefense.com/v3/__https://www.counterpunch.org/author/john-davis/__;!!Mih3wA!UtyCa1bWPX2Q1DQWekgi1dnXAf57VJ11_oqiTk8FTICmT5TIMMhdrjRh0Mi_rPbcFKW0Iw$ >
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> <https://urldefense.com/v3/__https://www.counterpunch.org/*twitter__;Iw!!Mih3wA!UtyCa1bWPX2Q1DQWekgi1dnXAf57VJ11_oqiTk8FTICmT5TIMMhdrjRh0Mi_rPY_JxrdWw$ >Reddit
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> <https://urldefense.com/v3/__https://www.counterpunch.org/2020/06/04/our-history-is-our-future/print/__;!!Mih3wA!UtyCa1bWPX2Q1DQWekgi1dnXAf57VJ11_oqiTk8FTICmT5TIMMhdrjRh0Mi_rPYsgZm1Kw$ >
>
> Christopher Columbus on Santa María in 1492, oil – Public Domain
>
> We can be sure that the public grandiloquence of Barack Obama grated
> mightily on at least half of the country during his eight years in the Oval
> Office. Now, we Libtards find every Trump tweet excruciatingly inane – or
> horrifyingly inflammatory. As ever, it is the style, not the content, of
> American political leadership that is in question. For Its neoliberal
> ideology has been unwavering for four decades and is but the contemporary
> version of an implicitly racist dedication to the well-being of the wealthy
> that was fundamental to the founding of the Republic. Committed to the
> economization of all facets of public and private life, we citizens are
> remade as human capital: mini entrepreneurs whose only civic duty is
> towards pumping up the GDP. This is what our government demands of us, and
> we would be foolish to expect more from it than further destruction of the
> public realm and further trivialization of the democratic process. Having
> relinquished our individual roles as a necessary part of the Republic’s
> sovereignty, our vote is rendered superfluous at a time of a viral
> pandemic, unprecedented unemployment and expectations of further economic
> dislocation likely to eclipse the melt-down of 2008.
>
> On a weekend when the nation’s streets exploded in violent protest against
> racialized police brutality, the President and the Vice President chose to
> attend a manned rocket launch contracted by SpaceX, a private corporation.
> Politics have been dethroned, the public realm abandoned and the public
> good forsaken. Trump is ascendant, his sun-bronzed, narcissistic gaze
> reflected in the ruddy glow of burning streets. His military, on high
> alert, awaits its orders.
>
> Our smoldering streets may no longer be safe for Trump’s ‘warriors’
> attempting, around the country, to fully re-open the American economy. Many
> will doubtless now enlist as his Law and Order ‘vigilantes’. Neoliberalism
> demands the appearance of vibrant, life-sustaining markets. Trump has seen
> the financial
> indices decline as the epidemic curve has arced skyward, but his focus has
> always been on economic rather than public health. He, and his ‘warriors’,
> are quite prepared to sacrifice ‘flattening the curve’ for the sake of a
> rising Dow but his calculus must now include appeasing his newly enrolled
> ‘vigilantes’ while not entirely disaffecting African Americans.
>
> Neoliberalism, as the SARS-CoV-2 viral pandemic and the uprising
> demonstrate, is this country’s comorbidity – a precondition making it
> extremely susceptible to both viral disease and to the recapitulation of
> long-ago racial injustice. In, The Road to Serfdom
> <https://urldefense.com/v3/__https://www.amazon.com/exec/obidos/ASIN/0226320553/counterpunchmaga__;!!Mih3wA!UtyCa1bWPX2Q1DQWekgi1dnXAf57VJ11_oqiTk8FTICmT5TIMMhdrjRh0Mi_rPZoDmRTug$ >,
> 1944, Friedrich Hayek, the Anglo-Austrian economist, explicitly equates the
> freedom of the individual with the unfettered workings of the market. By
> way of contrast, he identifies the centralized economic planning evidenced
> in National Socialism, Communism and Social Democracies as inevitably
> trending towards totalitarianism. He suggests that governments restrict all
> attempts to establish social objectives and by extension, any encouragement
> of the citizen’s role in shaping these objectives. In other words, he
> recommends abandoning both the social and the political realm in favor of
> the invisible hand of the market, a goal that continues to inform
> neoliberalism as it is practiced across Europe and the Americas, and is the
> ruling ideology that has shaped the United States since the election of
> Ronald Reagan in 1980. Hayek’s ideas, developed out of his deeply felt
> reaction to German and Soviet totalitarianism, have had disastrous
> consequences in the United States where the gross injustices of its past
> continue to haunt its present, and where its best moments have been
> enshrined in exactly the kind of social objectives, such as FDR’s New Deal
> and LBJ’s Great Society, that Hayek spurns.
>
> In the 1830’s, the two signature, home-grown horrors that have shaped
> American history, the genocidal eradication of indigenous peoples and
> slavery, coalesced in President Andrew Jackson’s ‘Indian Removals’ which
> aimed to deport a number of surviving Indian tribes to west of the
> Mississippi to make way for the establishment of further industrial cotton
> plantations. This expansion of slavery
> <https://urldefense.com/v3/__https://www.amazon.com/exec/obidos/ASIN/1786636727/counterpunchmaga__;!!Mih3wA!UtyCa1bWPX2Q1DQWekgi1dnXAf57VJ11_oqiTk8FTICmT5TIMMhdrjRh0Mi_rPZ0cwM7vQ$ >was
> partly funded by securitized bonds, sold in New York, London, Paris, and
> other finance capitals, in a process that involved the financialization of
> human flesh. The violence necessary to convert slaves into a fungible
> commodity had existed for over two centuries, practiced in their initial
> capture in Africa, in their transportation, and in their work. The stain of
> slavery was then embedded in the capital generated by the cotton crop which
> went on to be invested in the Industrial Revolution and formed the basis
> for this country’s extravagant wealth. It is a wealth that has not been
> shared by most of its citizens.
>
> The highly visible murders of Ahmaud Arbery and George Floyd, performed on
> the street and reprised endlessly as viral videos on social media, go to
> the heart of this country’s racialized hierarchies established in 1492 and
> then compounded in 1619, with the arrival of the first shipment of African
> slaves introduced to this country as stolen human capital. Neoliberalism
> has made human capital of us all, but has vastly accentuated the wealth
> divide because, as Piketty has shown, it is from investment and inherited
> wealth that the rich are made – not from an honest day’s work. The majority
> of the U.S. population, and certainly most African Americans, rely not on
> wealth from inheritance or investments, but on the mythology of the
> equitable rule of law and equal economic opportunity. As the looting
> component of the uprising suggests, egregious racialized murder exposes an
> awareness of this country’s endemic economic injustice.
>
> Nick Estes writes in, Our History is the Future
> <https://urldefense.com/v3/__https://www.amazon.com/exec/obidos/ASIN/1786636727/counterpunchmaga__;!!Mih3wA!UtyCa1bWPX2Q1DQWekgi1dnXAf57VJ11_oqiTk8FTICmT5TIMMhdrjRh0Mi_rPZ0cwM7vQ$ >,
> 2019, “Indigenous elimination, in all its orientations, is the organizing
> principle of settler society.” In documenting the Lakota tribes’ struggles
> to prevent the Dakota Access Pipeline passing under, and across sacred
> indigenous lands, Estes lauds the ongoing struggles of native peoples to
> resist a colonizing civilization that possesses an overbearing commercial
> ethic which leaves little room for the recognition of other, non-material
> values. Across the continent, indigenous peoples regarded the native soil,
> along with its flora and fauna, as co-creators of their lives, and the
> concept of its individual ownership was unthinkable. Genocide after
> genocide has still not entirely eliminated their awareness of belonging to
> the land – ever in conflict with those who so clearly prize the value of
> individual ownership, property rights and, of course, the strange notion
> that the land belongs to them.
>
> It is in this country’s varied civilizational currents that the supreme
> value of the almighty dollar emerged. As a nation, we have bought and sold
> people, bought and sold the land’s natural beneficences, and now we have
> sold our sovereign right to vote to corporations that exist only to give
> succor to their owners and shareholders. The neoliberalism that was created
> out of a fear of totalitarianism has now made societies beholden to a
> totalized economy in which all is subsumed. Its values are those of the
> market, entirely blind to the human concerns of a richly diverse population
> many of whom it makes vulnerable to an ever increasing precarity in their
> livelihood, housing and health care. The current pandemic, natural
> disasters, debt crises, and recessions expose the venal character of this
> prevailing ideology, while emergency relief and bailouts are leveraged by
> the wealthy to expand capital in readiness for the next ‘recovery’ –
> widening the corrosive gulf between the rich and everybody else.
>
> As a Native American academic, Estes celebrates his peoples’ ongoing
> resistance to the dominant culture, established shortly after 1492. By
> declaring that “Our History is Our Future”, he is committing to a
> continuance of this struggle. White members of the dominant culture can
> find no such guidance in their past. We see our history reenacted in
> violence and racial injustice entirely too often to wish it to be our
> future. We suppress our past and fear our future for good reason.
>
> Neoliberalism has obliterated the conditions for democracy by
> concentrating wealth, eschewing the public good and causing civility to be
> drowned out by over-amplified, profit-seeking media. The democracy that now
> struggles to exist in this country, does so only as a fully financialized
> product fertilized by corporate money featuring a roster of politicians
> pitifully beholden to the special interests that support their reelection
> campaigns. Estes is right to reaffirm his peoples’ history. Our salvation
> might be in confronting ours.
> Join the debate on Facebook
> <https://urldefense.com/v3/__https://www.facebook.com/CounterPunch-official-172470146144666/__;!!Mih3wA!UtyCa1bWPX2Q1DQWekgi1dnXAf57VJ11_oqiTk8FTICmT5TIMMhdrjRh0Mi_rPYdI-zdPA$ >
> More articles by:JOHN DAVIS
> <https://urldefense.com/v3/__https://www.counterpunch.org/author/john-davis/__;!!Mih3wA!UtyCa1bWPX2Q1DQWekgi1dnXAf57VJ11_oqiTk8FTICmT5TIMMhdrjRh0Mi_rPbcFKW0Iw$ >
>
> *John Davis* is an architect living in southern California. Read more of
> his writing at urbanwildland.org
>
> On Sat, Jun 6, 2020 at 3:58 AM HENRY SHONERD <hshonerd@gmail.com> wrote:
>
>>
>> IMHO
>> David says, "Perhaps American-centrism and American-exceptionalism is in
>> the way we read events rather than in the events themselves.” I am thinking
>> about what Andy Blunden said, something to the effect that every experience
>> is both mediated and un-mediated. Anthony seems to be looking for something
>> more objective, something that transcends ideology. David K. might object
>> that the facts of murderous and explotative British and French colonialism
>> and the brutality of the Chinese regime are simply the facts, the kinds of
>> facts that drive the passion and compassion of the people on the street in
>> the U.S. Let cool heads prevail? That is the Cartesian take. The Spinoza
>> turn in Vygotsky circles would conclude that without affect (passion and
>> compassion) reason is impossible. Perhaps Anthony’s quest is Quixotic, laid
>> out on the windmill. He’s certainly been a caballero about his trouncing. I
>> admire him for that.
>> Henry
>>
>> On Jun 5, 2020, at 3:10 PM, David Kellogg <dkellogg60@gmail.com> wrote:
>>
>> (Is this thread American-centric? If so, 'twere a grievous fault. But
>> grievously hath Haydi answered it--I don't think anybody can consider his
>> dense, encyclopaedic blocks of text--the polar opposite of Anthony's
>> American-centric orthography as well as Anthony's style and content--in any
>> way American-centric....)
>>
>> Perhaps American-centrism and American-exceptionalism is in the way we
>> read events rather than in the events themselves, Anthony. To me, the
>> situation in and around Washington DC looks very much like the situation in
>> and around Beijing in May1989. As in DC, Beijing had laws preventing the
>> entry of the armed forces other than those of the Beijing Military
>> Region into the city (the exclusion laws were actually written into the
>> Chinese constitution by Mao, who was always afraid of powerful military
>> opponents like Peng Dehuai and Lin Biao). The Beijing Military Region,
>> however, was loyal to the people of Beijing and to the General Secretary
>> Zhao Ziyang, and they opposed to a coup. So, as in DC, the "martial law"
>> forces were called to the city perimeter where they halted for several
>> weeks. As in DC, the provenance of the "martial law" forces were quite
>> mysterious--they didn't carry insignia and it later turned out that these
>> were forces personally loyal to two PLA warlords, the brothers Yang Baibing
>> and Yang Shangkun. As in DC, there were different waves of demonstrators
>> inside the city: someone put up artworks in the square (as the mayor did in
>> DC this morning) and others told people to go home and organize and not
>> stay to be massacred. And then, almost exactly thirty-one years ago, the
>> unmarked shock troops went in shooting, and at least a thousand people
>> died.  I hope that part is NOT like DC, but so far the "American
>> exceptionalists" have been proved wrong on every single detail.
>>
>> Clorox on cloth? Gadzooks, Peg. Don't Americans have real N-94s yet? At
>> the very height of the Daegu outbreak people had to resort to cloth masks
>> (I don't think anybody used Clorox, though). Then the government brought in
>> a rationing system so that health care workers could get PPE, and the
>> extras are still rationed according to the numbers on registration cards:
>> we go to the pharmacy twice a week to pick up our ration of three masks. No
>> one is allowed onto a bus, a subway, or into a public building without one.
>> Yesterday I went hiking for two hours and whenever I saw someone coming
>> towards me they hastily put on a mask and bowed.
>>
>> (Do you know, the largest factory for PPE in the USA, and possibly the
>> world until recently, is 3M in Minneapolis? There's a solid
>> transitional demand for a general strike--Masks for all! Occupy 3M!)
>>
>> David Kellogg
>> Sangmyung University
>>
>> New Article: Ruqaiya Hasan, in memoriam: A manual and a manifesto.
>> Outlines, Spring 2020
>> https://urldefense.com/v3/__https://tidsskrift.dk/outlines/article/view/116238__;!!Mih3wA!UtyCa1bWPX2Q1DQWekgi1dnXAf57VJ11_oqiTk8FTICmT5TIMMhdrjRh0Mi_rPbQ2xKwBw$ 
>> <https://urldefense.com/v3/__https://tidsskrift.dk/outlines/article/view/116238__;!!Mih3wA!Xp_sgr0_UzNqr7vRI1XOMts503dCWTEnbJj5gRjnZG4dhhNbDC9HkM8UT-m4O5QGCUaqfQ$>
>> New Translation with Nikolai Veresov: *L.S. Vygotsky's Pedological Works* *Volume
>> One: Foundations of Pedology*"
>>  https://urldefense.com/v3/__https://www.springer.com/gp/book/9789811505270__;!!Mih3wA!UtyCa1bWPX2Q1DQWekgi1dnXAf57VJ11_oqiTk8FTICmT5TIMMhdrjRh0Mi_rPZz6BduDg$ 
>>
>> <https://urldefense.com/v3/__https://www.springer.com/gp/book/9789811505270__;!!Mih3wA!Xp_sgr0_UzNqr7vRI1XOMts503dCWTEnbJj5gRjnZG4dhhNbDC9HkM8UT-m4O5QTbNA7-g$>
>>
>>
>> On Fri, Jun 5, 2020 at 6:30 PM Anthony Barra <anthonymbarra@gmail.com>
>> wrote:
>>
>>> Thank you, I'll take a look. Sounds similar to dialectics, little I know
>>> of both.
>>>
>>>
>>>
>>>
>>>
>>> On Thursday, June 4, 2020, Richard Beach <rbeach@umn.edu> wrote:
>>>
>>>> Anthony, the concept of “expansive learning” posits that objects/motive
>>>> in activity are ideally always open to change/transformation—that they are
>>>> never fixed given that as participants encounter new
>>>> contradictions/challenges, they “learn to”/formulate new objects/motives.
>>>> This requires learners to be open to exploring optional actions/tools/norms
>>>> as they redefine/revise their ever expanding objects/motives.
>>>>
>>>> Coping with decades-long racist practices in Minneapolis, requires
>>>> “expansive learning” to continually experiment with new objects/motives
>>>> given that some of the tools/practices attempted in the past haven’t
>>>> necessarily worked, although attempts were made to do so, only to be
>>>> blocked by a timid political leadership
>>>> <https://urldefense.com/v3/__https://www.startribune.com/in-2008-we-had-a-reform-plan-for-the-mpd-it-got-derailed-by-politics/570998162/__;!!Mih3wA!SLGpQj8PmApHqKlEeH3z-ohB8R76qeqnpglVMrj9N2HOiJRn_QxL9FXpHMmS9eXEdK2Cgg$>
>>>> .
>>>>
>>>> For more on expansive learning theory, see attached reports:
>>>> Engeström,Y., & Sannino, A. (2010). Studies of expansive learning:
>>>> Foundations, findings and future challenges. *Educational Research
>>>> Review, 5*, 1–24.
>>>> Sannino, A., Engeström, Y., & Lemos, M. (2016). Formative interventions
>>>> for expansivelearning and transformative agency. *Journal of the
>>>> Learning Sciences, 25*(4), 599-633.
>>>>
>>>>
>>
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