Showing posts with label Daniel Finkelstein. Show all posts
Showing posts with label Daniel Finkelstein. Show all posts

Friday, November 17, 2023

Class Control (2020)

From the November 2020 issue of the Socialist Standard

I am dangerous, apparently. School students need protecting from me and my ilk, lest they be seduced into thinking inimical to their well-being, perhaps undermining the very fundamentals of society.

Could it be that I’m stockpiling caches of weapons for armed insurrection? Is it my intention to poison their young minds against democracy? Maybe my intention is to persuade them to adopt some extreme ideology?

Actually, perhaps rather boringly, no!

It is certainly true that I espouse the replacing of capitalism with socialism. That it seems could be enough to have my ideas banned from the classroom for, ironically, being anti-democratic.

The Department for Education has recently issued new guidelines instructing schools not to use ‘resources produced by organisations that take extreme political stances on matters’. One such ‘extreme political stance’ is advocating the abolition of capitalism. The Department for Unwitting Irony goes on to justify capitalism as protecting freedom of speech. Opposition to capitalism is, it seems, an ipso facto denial of freedom of speech.

To be accurate, discussing an alternative to capitalism in the classroom is not forbidden by this guidance. However, using an article from the Socialist Standard, advocating such a course of action would contravene the guidelines.

The basic problem is that there’s no criteria established as to what an extreme political stance means. Examples are given such as, ‘. . . a publicly stated desire to abolish or overthrow democracy, capitalism . . .  to end free and fair elections, opposition to . . .  freedom speech . . . of association, of assembly . . . of religion and conscience’.

The implication is that all of the above are equally culpable. So, the overthrow of democracy is identical to advocating abolishing capitalism as both are extreme.

Whereas, defending an economic system whereby the vast majority must sell their labour power for less than the value they create, simply to live, to the few who accrue to themselves the surplus value produced by that majority, is, obviously, reasonable and moderate.

Perhaps the Socialist Party is dedicated to overthrowing democracy in order to engineer a socialist society. The Mandarins of Unwitting Irony either don’t understand, or deviously obscure, the absolute necessity of democracy in achieving socialism.

No democracy – no socialism. Such a society can only be brought about by the conscious action of the working class, the vast majority, acting collectively on its own behalf to bring socialism about.

Socialists most certainly have no desire to turn young minds against democracy, rather they want to enhance it to the point where it actually becomes effective.

In his column the journalistic commentator Daniel Finkelstein (Times, 30. September) took great exception to those who found the Department for Education guidance troubling:
‘All that’s being suggested is that organisations which advocate the abolition of capitalism are not suitable providers of teaching material for schoolchildren.’
Finkelstein begins his piece by referring to how, ‘Stalin attempted to starve my father to death in Siberia.’ He goes on to list, ‘ . . . more than two dozen attempts to build a socialist society’, from Albania to Venezuela, with all the main culprits in between.

Nor will he allow the response that none of these were real socialism. He has a point if he is referring to apologists for those regimes who find their hopes ultimately disappointed.

However, the response that none of those regimes exhibited real socialism is perfectly valid if they contravened the criteria by which socialism is defined from the outset. The Socialist Party has consistently denounced all such manifestations of supposed socialism for the travesty they’ve been from their inception.

Indeed, opposition to capitalism encompasses all examples of state capitalism and ‘free market’ capitalism no matter how barbaric or apparently liberal they may be.

It serves capitalism well to obscure what socialism actually means. Lenin and his ilk have probably been amongst the best servants to the prolongation of capitalism. As Finkelstein’s article clearly demonstrates, the popular perception of socialism is dull, poverty-inducing bureaucracy at best, homicidal totalitarianism at worst.

This allows the DfE and such state institutions to imply guilt by word association. This despite the fact that socialism is not extreme any more than capitalism was an extreme repudiation of feudalism, rather than a natural development from within it.

Socialism is not a denial of capitalism, socialists fully recognise the advances and benefits accruing from it. They also recognise that no economic system exists in perpetuity, but all must give way to the one that supersedes it.

Education has to deal with difficult issues. The transcending of capitalism by socialism is one such. Other issues around controversial topics are surely best addressed by examination and critical analysis of source material. This has to be the way democracy progresses.

It is not the origin of resources, but how they are used. As with all those elements listed as being ‘Examples of extreme political stances…’, simply excluding them, like disruptive students, does not actually deal with them or make them go away.

Democracy cannot be about banning ideas, and ‘freedom of speech’ is at best mere rhetoric if it is confined within safe guidelines. Difficult, hurtful, even dangerous ideas need to be confronted, exposed and effectively countered.

It is frequently argued that allowing what is often now referred to as hate speech, we suppose its textual corollary must be hate script, leads to acts of violence against those who are the subjects.

The point, though, must be that all acts of violence, whatever the excusing cause quoted – skin colour, gender, sexuality, sub-group, political persuasion et al – are unequivocally wrong.

 It also raises the question as to when hate speech becomes patriotic speech, when the media and politicians demonise a foreign nation in order to bomb it into ‘democracy’.

Amnesty International’s Head of Policy and Government Affairs, Allan Hogarth commented:
‘The only extreme view here is the one which suggests that it’s somehow illegitimate to even consider the validity of socio-economic systems other than the prevailing one – a system that has of course only been in existence for a comparatively short period of time.’
The threat to democracy is probably from those who view it as serving the interests of capital, that it should be limited to this end. Whereas true democracy is inimical to capital in that the world’s productive resources and means need to be brought under common ownership with democratic control to serve the interests of all.

From the perspective of the Department for Education this probably does appear extreme, but prescriptive guidelines cannot deny the necessity of socialism, even if they would deny school students the knowledge, if they could.
Dave Alton

Friday, April 15, 2022

Capitalism ‘bad’, socialism ‘good’ (2021)

Frank Luntz with sadness in his eyes.
From the August 2021 issue of the Socialist Standard

At the beginning of July two openly pro-capitalist think tanks – the Tory-leaning Centre for Policy Studies (CPS) and the free-marketeer Institute for Economic Affairs (IEA) – published the results of polls they had carried out on people’s opinion of capitalism. Both indicated that many people don’t think much of it.

The one for the CPS was compiled by US pollster, Frank Luntz:
‘ …Dr Frank Luntz is testing public opinion in Britain to find an alternative to ‘capitalism’, after 170 years of use, because he fears it is becoming a bad word ( … ) Capitalism itself is already a “bad word” in the US and is fast becoming so in the UK too. “It’s one of the key things I am trying to figure out: Does this country need an alternative to the word capitalism? I think it does”’ (Sunday Telegraph, 19 June).
In the event, he didn’t come up with an alternative, merely noting that ‘voters are almost as fed up with business as with politicians – presenting a huge challenge for supporters of capitalism and enterprise’. Those polled were asked to choose from a list four ‘words and phrases they thought of first when thinking about British companies’. The two most chosen were ‘Profits before People’ (47 percent) and ‘They put shareholders first, not ordinary people’ (44 percent). It is not clear why Luntz felt that these factually correct and easily verifiable statements represent a challenge to supporters of capitalism. Normally, its supporters are prepared to defend both as the best way of organising the production and distribution of wealth.

While the CPS poll was concerned with people’s attitude to ‘capitalism’ the IEA one was more concerned with their attitude to ‘socialism’. A representative sample of those aged between 16 and 34 were presented with a number of statements and asked whether they agreed with them or not, without the option of ‘don’t know’. 67 percent said ‘they would like to live in a socialist economic system’ and 75 percent agreed that ‘socialism is a good idea, but it has failed in the past because it has been badly done’. 78 percent blamed ‘capitalism for Britain’s housing crisis’ and 75 percent agreed ‘that climate change is a specifically capitalist problem’.

What are we to make of these results? Opinion polls are worth what they are worth and as Tory Lord Finklestein pointed out in his comments on the CPS one, ‘You can’t just ask consumers, and indeed voters, what motivates them, and trust what you get back’ (Times, 7 July). Those questioned are only being asked to give a fleeting opinion that commits them to nothing. And the questions can be framed to get the answer the pollster wants.

In these two particular polls, ‘capitalism’ was not defined. The tacit assumption of those who drew up the questionnaires (though not necessarily of those who answered the questions) was that capitalism meant production for profit by private capitalist enterprises. Capitalism is certainly a system of production for profit – in fact, the ‘Profit System’ might be the alternative name for it that Luntz is looking for – but ‘private enterprise’ is only one form of this. Capitalism can also take the form of state enterprises producing for the market with a view to profit. In both cases, the profit arises from the unpaid, surplus labour of the wage workers who are employed, whether by a private or a state enterprise, to produce what is to be sold.

The IEA didn’t define ‘socialism’ either, but the question about socialism ‘having failed in the past’ indicates that they think it is what existed in Russia – or, their current favourite, Venezuela. The concept of state capitalism is ruled out, even though the author of its report, Kristian Niemietz, had referred, in a previous report, to this concept and specifically to us:
‘… There are exceptions to this, such as the Socialist Party of Great Britain. They are not, and as far as I know, never were, apologists of Soviet-style socialism, which they describe as ‘state capitalism’. They are among the few socialists who have at least some idea of what they mean by ‘real’ socialism. They use that term to describe a hypothetical system in which working-class people own and control the economy’s productive resources directly, not via the state; a system in which public ownership is not mediated through a government bureaucracy’ (iea.org.uk/has-real-socialism-never-been-tried/).
Once again, it cannot be assumed that those who answered the question meant the same as those who asked it. Had the question been ‘Would you like to live in an economic system where all industries are state-owned?’ the result would have been very different. On the other hand, had the question been ‘Would you like to live in a system where the means of production are commonly owned and democratically controlled and the principle of from each according to ability, to each according to need applied?’ the result could well have been the same. But this wouldn’t mean that those answering ‘yes’ thought that such a system was achievable, only that it was desirable.

In an 80-page booklet analysing the results, Left Turn Ahead? Surveying attitudes of young people towards capitalism and socialism, Niemietz was more realistic as to what this meant:
‘The rejection of capitalism may never have huge real-world consequences. “We should ditch capitalism, and try a socialist alternative” may well be the political equivalent of “One day, I will learn a foreign language, run a marathon, and write a novel”. It may be an idea that is popular as an abstract aspiration, but less so as a concrete action plan’ (p.17).
Unfortunately, this is fair comment.

However, there will be some significance that, amongst younger people today, capitalism has become a ‘bad word’:
‘Young people associate “socialism” predominantly with positive terms, such as “workers”, “public”, “equal” and “fair”. (…) Capitalism, meanwhile, is predominantly associated with terms such as “exploitative”, “unfair”, “the rich” and “corporations”’ (p.7)
That can’t be a bad thing.
Adam Buick

Friday, February 18, 2022

Death of a Sociobiologist (2022)

From the February 2022 issue of the Socialist Standard

E. O. Wilson, the inventor of the theory of genetic determinism he called ‘sociobiology’, died on 26 December at the age of 92. He was an avowed opponent of socialism, writing in his 1978 book On Human Nature:
‘The perception of history as an inevitable class struggle proceeding to the emergence of a lightly governed egalitarian society with production in control of the workers… is based on an inaccurate interpretation of human nature’ (Penguin edition, 1995, p. 190).
Later research and findings in the field of genetics discredited the view that there were specific genes for specific behaviour patterns such as aggression or territoriality. Genes govern a person’s physical characteristics including certain cognitive facilities, and susceptibility to certain health conditions.

In her obituary in the Guardian (6 January) Georgina Ferry made the mistake of attributing to Wilson the view that his ‘sociobiology’ set out to refute. Referring to his book on human nature, she wrote:
‘Today most scientists accept, as Wilson argued, that genetically determined “human nature” includes the capacity to develop extremely flexible patterns of social behaviour under the influence of culture’.
Most scientists do indeed accept this, and did before it was challenged in the 1960s and 1970s by the likes of Konrad Lorenz and Robert Ardrey… and E.O. Wilson. Here, for instance, is what the anthropologist Alexander Allard wrote in 1972:
‘Culture is learned and shared. It is rooted in biology. But although this is true (the capacity for culture is part of a normal human’s brain structure), culture frees man to an unprecedented degree from strictly biological controls over the development and maintenance of behavioural systems. Culture is biologically adaptive. That is, human populations imbedded, like all animal populations, in specific environments adjust to these environments largely through culture’ (The Human Imperative, Columbia University Press, 1972, pp. 21-22).
The fact that a science writer like Ferry should make such an elementary mistake shows the extent that ‘sociobiology’ has been forgotten by scientists, though it may also reflect the fact that in later years Wilson redeemed himself to a certain extent by becoming a champion of biodiversity.

However, Wilson’s anti-socialism, as opposition to ‘a lightly governed egalitarian society with production in control of the workers’, still survives among pro-capitalist ideologues. In a eulogy of Wilson in The Times (5 January) Lord Finkelstein, the Tory peer, wrote:
‘Humans are animals too, after all, so our social organisation, our behaviour, our hierarchies, our urges will, to some extent at least, be the product of our biology.’
Our urges no doubt, but not our particular ‘social organisation’ beyond the fact that we are social animals and certainly not our ‘hierarchies’. These are only influenced by our biology insofar as our biology ‘includes the capacity to develop extremely flexible patterns of social behaviour’.

This does not mean that, as Finkelstein claims, that humans are a ‘blank slate’ or that all individuals are the same. As Allard put it:
‘Individuals are born different. The outcome of heredity and experience will lead to differences in temperament and ability which make it possible for the human group to function as a social entity.’
Socialists have always recognised this, as in the long-standing slogan of ‘from each according to their ability, to each according to their needs’. The equality socialism will bring is not through ‘social engineering’ somehow making everyone have the same abilities, but a society in which everyone, whatever their ability, has the same access to what they need to live and enjoy life.

Finkelstein is right on one point: that it is unfair to say, as some have done, that Wilson was a ‘racist’. He wasn’t. He was just an anti-socialist and a biological determinist.

Later in his eulogy, Finkelstein abandons ‘to some extent at least’ and boldly declares:
‘…Wilson was achingly, obviously right. How likely is it that human beings are the one species whose capacities and behaviour aren’t largely influenced by biology?’
It might perhaps have been unlikely that an animal would evolve whose behaviour was overwhelmingly influenced by the non-biological culture they created to survive, but this is precisely what did happen. It is one of the features that distinguishes humans from other animals. This is not Marxist or ‘left-wing’. It is simply the truth. To be convinced of this, Finkelstein just needs to consult any textbook on anthropology. He will find Ferry’s statement confirmed that ‘most scientists accept …. that genetically determined “human nature” includes the capacity to develop extremely flexible patterns of social behaviour under the influence of culture’.
Adam Buick


See also:

Sunday, October 22, 2017

Cooking the Books: Answer on a Postcard (to Lord Finkelstein) (2017)

The Cooking the Books column from the October 2017 issue of the Socialist Standard
Lord Finkelstein, in your column in the Times (30 August) entitled ‘True socialism always ends with the Stasi’, you invited readers to send you a postcard correcting any misunderstandings on your part. Unfortunately, a postcard is not large enough.
You do correctly understand that in socialism ‘market exchange is replaced by friendly, voluntary co-operation and free provision’. Your misunderstandings begin when you say that, reading Paul Mason’s book Post-capitalism, you wondered ‘how he might get someone, for instance, to clean station platforms or do any extra shift without being paid’.
You describe as ‘preposterous’ the idea that people would be prepared to work at such jobs, or any job, ‘for nothing’.
Misunderstanding No 1. People would not be working ‘for nothing’. In return, they would be getting free access to the things they need to live and enjoy life instead of a wage that only gives them limited access to these. That’s the meaning of the socialist principle of ‘from each according to their ability, to each according to their needs’.
Misunderstanding No 2. People are not naturally averse to working. People like, even need, to work in the sense of exercising their mental and physical energies. What people, quite rightly, don’t like is doing work that seems pointless or from which they don’t benefit, as is the case with the great majority of jobs today under capitalism. If, on the other hand, work is seen to be socially useful or brings them some satisfaction or benefit, then people are prepared to undertake it. Socialism, which (your words) will eliminate ‘the market competition that makes us ruthless and makes us jostle for position’ (actually, to avoid falling into poverty), will provide ample opportunities for such work, undertaken for more than mere ‘amity’ as there’ll be a large element of enlightened self-interest in it.
Misunderstanding No 3. People wouldn’t have to do the same job all day every day. Many routine jobs are ideal for automation (including cleaning platforms). Those that can’t be could be done by different people doing them for short periods on a rota basis.
When you introduce the Stasi you move beyond misunderstanding and enter the realm of lying propaganda. In this you are following in the footsteps of Churchill who, during the 1945 general election, notoriously declared that socialism would lead to the Gestapo.
You argue that if there was to be a sizeable minority of recalcitrants in socialism, ‘either these people make socialism impossible, or they have to be eliminated on the grounds of their counter-revolutionary position.’
You are right in one sense that, if there were to be such a sizeable recalcitrant minority, then socialism couldn’t work. But why would there be when a society of free provision in return for working freely would be so obviously better than capitalism to have led a majority to establish it? That doesn’t make sense. Even less does your alternative of suppressing them by force, for the simple reason that a socialist society will have abandoned the means for doing this. The coercive state needed in class-divided societies would have been replaced by purely administrative, unarmed and democratically-controlled, bodies.
In invoking the Stasi you are assuming that the regime in East Germany set out to establish socialism – with free provision and no market exchange – but failed and had to resort to coercion. In fact right from the start the regime there was the same sort of state-capitalist dictatorship as existed in Russia and was imposed by the bayonets of the Russian Army. The GDR was never socialist any more than it was democratic.

Tuesday, February 2, 2016

David Bowie: Ground-breaking Artist (2016)

From the February 2016 issue of the Socialist Standard

January saw the death from cancer, aged 69, of David Bowie. No popular music artist of the past fifty years has had as wide and profound an influence. There was a spontaneous outpouring of grief across the world amongst the millions of fans he had accumulated in six successive decades. The same comments were repeated on social media and in the press over and over again: that he had provided not just the soundtrack to their lives, but had inspired and stimulated them artistically and culturally. I became an avid listener of his as a child in the early 1970s and this was a key influence in my becoming a musician myself.

As a teenager growing up in the London suburbs, Bowie was both extremely imaginative and intensely hard working at honing his craft, and he remained so, releasing his latest album, Blackstar, on his 69th birthday just two days before he died. He is known for the recurring theme of space travel gone wrong, and the loneliness and alienation so powerfully symbolised by that. He once said of his childhood that he ‘felt often, ever since I was a teenager, so adrift and so not part of everyone else . . .  so many secrets about my family in the cupboard . . .  they made me feel on the outside of everything' (interview in 2002 TV documentary, David Bowie: Sound And Vision). It was entirely appropriate that he composed the music for the television adaptation of Hanif Kureishi’s Buddha Of Suburbia in 1993. He understood more than most the psychology of the city and its outer reaches, and always reached out to fellow ‘outsiders’ of every kind.

His fierce determination in financial matters derived in part from having had all the receipts from his early years of success siphoned off surreptitiously by then manager Tony Defries, resulting in near bankruptcy despite having sold millions of albums and show tickets. As a former victim of such sharks he took the unique step of never again having a manager, instead himself employing a tiny number of people to deal with his personal, business and publicity needs. They were simply paid fees by him rather than his being paid out by them; he retained all of his own rights. He once sold a future rights issue to his songs, via ‘Bowie Bonds’, for a fixed period with the rights reverting to him after that, which proved an extremely astute financial move. A couple of years ago his home town of Brixton had honoured him by using his face on the ten pound note of their local currency, the Brixton Pound (a voucher system circulating between local traders).

'Crazed'
In a mid-1970s magazine interview he once advocated ‘fascism’ for England, and in 1976 was set up by the press and accused of making a ‘Nazi salute’ at Victoria station when greeted by fans on his return from living in Germany. The video of that moment shows him waving and this was freeze-framed to look like a salute. The following year, in 1977, he told Melody Maker that his flirtation with fascism had been a result of his being ‘out of my mind, totally, completely crazed’ at the time. In later years he campaigned vigorously for humanitarian causes and remained a committed Buddhist with a life-long opposition to the subjugation of Tibet by China. He also opposed the British occupation of Northern Ireland. Regarding racism, he was interviewed by MTV in 1983 and took the opportunity to take them to task repeatedly for limiting the number of black artists they featured.

'Subversive'
In a preposterous little piece in the Times (13 January) two days after Bowie died, Daniel Finkelstein tried to recast Bowie’s prolific promotion of artistic individuality as something for which we should thank capitalism – a view which Bowie would have found ridiculous. Finkelstein claimed that Bowie ‘was subversive because capitalism is subversive’, whereas in fact the opposite is the case. Capitalism homogenises and destroys individuality, as the human army of labour is moulded into conformity to match the needs of this system and increase profit.

He broke down barriers of every kind, and advanced the possibilities for choosing what to be. This evolution of personal freedoms is not something we can attribute to one influential person. It was clearly part of a much bigger and longer-term global trend. However, he had the brilliant social sensitivity and insight to tap into these moments and accelerate them.

Bowie rose to fame in the early 1970s at a time when ‘free love’ had been proclaimed as desirable between men and women, whilst gay relationships were still frowned on, even having been illegal in the UK until the late 1960s. He wore feminine clothes and make-up and challenged conventional sexual roles and behaviour. Large numbers of gay people even now still say that his announcement in 1972 that he was gay (and, later, that he was bisexual) helped them to feel less isolated and more confident in their identity.

Foresight
He had an intense intelligence and was extremely well-read with a broad encyclopaedic knowledge, which was yet another point distinguishing him from other pop or rock stars. In a 1999 interview with Jeremy Paxman he once again showed great foresight in predicting, with what turned out to be uncanny accuracy, how the internet would rapidly come to dominate human communication (and what the effect would be on the music industry):
‘I don’t think we’ve even seen the tip of the iceberg. I think the potential of what the internet is going to do to society both good and bad is unimaginable. I think we’re actually on the cusp of something exhilarating and terrifying.’
He also said that he had chosen to work in music in his youth as in those days it still had ‘a kind of call to arms feeling to it, that this is the thing that will change things’ whereas pop music later became a mere career opportunity and that ‘the internet now carries the flag for the subversive and possibly rebelliousness, the chaotic and nihilistic . . .  forget about the Microsoft element, they do not have a monopoly.’ The audience becomes at least as important as those playing to them, with
‘the demystification of the relationship between performer and audience . . .  the point of having somebody who led the forces has disappeared, because the vocabulary of rock is too well known, it’s not devoid of meaning but it’s certainly only a conveyor of information not a conveyor of rebellion. The internet has taken on that.’
This was in 1999, when the evolution of the internet was very much less developed than it is now. Bowie was the first artist to have a dedicated website, or to make his material available online, or to offer his own web server facility (‘bowienet’). In that same interview, Paxman suggested that ‘some of the claims being made for the internet are hugely exaggerated’ but Bowie stuck to his guns and joked about the ‘far-fetched predictions’ made at the time of the arrival of the telephone, that it would ‘one day be found in every home’.

Survival instinct
He also quoted Duchamp on how the piece of work is not finished until the audience come to it, and add their own interpretation; that what the piece of art is about is the grey space in the middle. ‘That grey space in the middle is what the twenty-first century will be about.’ Asked about why he felt the need to continue earning money, he replied ‘Being working class I feel that there’s never enough to leave my family. There’s a kind of survival instinct.’ He was not one to write overtly political songs, but his awareness of the corrupting power of money is evident, for example in his song Red Money:
‘Oh, can you feel it in the way
That a man is not a man?
Can you see it in the sky
That the landscape is too high?
Like a nervous disease
And it's been there all along.
Project cancelled,
Tumbling central,
Red money.’
Superpower imperialism also came into his sights tangentially in songs like This Is Not America. In Sons Of The Silent Age he captured the stupefying idiocy of popular culture:
‘Sons of the silent age
Pace their rooms like a cell’s dimensions
Rise for a year or two
Then make war
Search through their one inch thoughts
Then decide it couldn’t be done’
But above all he had a genius for conveying, through his work, the experience of alienation. It is significant that he spoke in interviews about his reasons for having ‘chosen’ music as his medium, for he was primarily a universal artist who was also happy to work in visual art (he was a good painter and sculptor), who acted in many films and plays, who produced, directed and designed.

He never allowed himself to become part of that cosy establishment generally joined by the luminaries of the arts, including pop stars of a certain age. He refused honours from the queen of both a knighthood and a CBE. His legacy will be one of challenging, imaginative, boundary-smashing creativity throughout artistic endeavour.
Clifford Slapper

Monday, December 21, 2015

Cooking the Books: You Can’t Buck the Market But You Can Abolish It (2015)

The Cooking the Books Column from the December 2015 issue of the Socialist Standard

‘THERE IS NO ALTERNATIVE TO CAPITALISM, COMRADE’, wrote Tory Lord Finkelstein addressing John McDonnell in the Times (14 October). A few weeks later the same paper carried a news item on an opinion poll conducted for a Tory think-tank, the Legatum Institute, headed ‘VERDICT ON CAPITALISM: UNFAIR AND CORRUPT’ (3rd November).

The two headlines are probably an accurate reflection of current popular opinion – that there is no alternative to capitalism even though it’s not up to much. McDonnell, though, probably does see an alternative to capitalism but a long way off, in the meantime wanting to reform capitalism so it’s not so harsh on workers, maybe in fact not so ‘unfair’ or ‘corrupt’.

But it was a statement by the Corbynista Labour MP Diane Abbott that Labour ‘have always been a Keynesian party’ that particularly annoyed Finkelstein.

Since it wasn’t until the 1930s that Keynes formulated his famous theory of how (supposedly) to control capitalism while the Labour Party had been founded thirty years previously, the ‘always’ in Abbott’s statement is wrong (though Keynes did in fact provide an academically respectable justification for the spending policies the Labour Party had always advocated).

But this wasn’t Finkelstein’s point:
‘Labour was founded as a socialist party, not a Keynesian one. Keynes developed his ideas about borrowing as a way of saving capitalism from itself. Socialists rejected the very idea. They wanted to replace capitalism altogether, not patch it up with macro-economic policy.’
Finkelstein does give here a quite good description of the socialist attitude to Keynes. The trouble is that it does not apply to the Labour Party. It was not founded as a socialist party, but merely as a trade union pressure group in parliament and did not even claim to be socialist until 1918 when a new constitution containing Clause Four was adopted.

Quite apart from this clause committing the Labour Party to nationalisation, or state capitalism, rather than socialism, this made no difference to its policy which could accurately be described as being to ‘patch up’ capitalism.

Later in his article Finkelstein admitted that in the 1930s ‘a hybrid emerged of planning, partial public ownership and Keynesianism’ as Labour policy. This in fact remained Labour’s ideology until the 1990s when Tony Blair persuaded the party to drop it as the price of getting back into office (always the leaders’ top priority). So, to that extent, Abbott was right and Finkelstein had conceded it. What Corbyn and McDonnell represent is not a return to Labour’s never-existing socialist origins, but merely to the hybrid described above. When tried, as under Wilson and Callaghan in the 1960s and 70s, it didn’t work and, here, Finkelstein scored a point in the subtitle of his article: ‘John McDonnell has ignored the lesson the late Lord Howe taught the Labour Party forty years ago – you can’t buck the market.’ That’s right, you can’t buck the market, at least not for long. In the end the economic forces of capitalism dictate what governments can and must do – put profits first – not governments controlling capitalism.

But ‘you can’t buck the market’ doesn’t mean that there is no alternative to capitalism. It means that the alternative has to involve the disappearance of ‘the market’ and the replacement of production for sale on a market with a view to profit by production solely and directly to meet people’s needs, on the basis of the common ownership and democratic control of the means of production.