Compulsion (2024)

Book Review from the March 2024 issue of the Socialist Standard

Mute Compulsion: A Theory of the Economic Power of Capital. By Søren Mau. University of Southern Denmark. 2019

Mau was interviewed by Jacobin in February 2023. In it he confirms the summary of his argument in the introduction to the interview, headlined ‘Capitalism Makes Everyone Bend to Its Will, Rich and Poor Alike’:

‘In his new book Mute Compulsion, Søren Mau argues that to understand and end capitalism, we need to analyze how it not only subordinates the poor to the rich but in fact exerts economic power over everyone — including capitalists themselves’ (tinyurl.com/et7m8vp8).

Mau argues that what maintains capitalist rule is not just physical force (threatened or actual) and ideology (brainwashing) but also ‘economic power’. He sees this as an impersonal form of power, an expression of the logic of capital that every market agent (not just workers but capitalists too) in capitalism is subjected to through the impersonal operation of market forces.

This of course is something we have long said and is in fact the basis of our case that capitalism cannot be reformed to work in the interest of the majority class of wage workers. Not only capitalist firms but governments too are subject to the ‘logic of capital’ enforced through market competition which dictates that priority must be given to profits and the conditions for profit-making. That reformist governments can’t escape this ‘mute compulsion’ has been confirmed time and time again.

Despite the jargon (it’s based on his PhD thesis) it’s actually quite a good read (tinyurl.com/6h2xw5y6).