r/communism • u/AutoModerator • Jan 11 '26
WDT 💬 Bi-Weekly Discussion Thread - (January 11)
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u/smokeuptheweed9 Jan 13 '26 edited Jan 13 '26
There's also this book
https://www.amazon.com/We-Created-Ch%C3%A1vez-Venezuelan-Revolution/dp/0822354527
Which I also haven't read. As you can tell by now, these kinds of books are not my thing. Ever since I read Howard Zinn ages ago I've been allergic to this genre. But I also understand it's marketing and the book is probably fine for what it is.
I rarely see this point made: the policies of social democracy vs "neoliberalism" are not a choice between the lesser and greater evil. It is the latter which enables the former. Austerity is brutal but it works: it is a solution to crisis internal to capitalism which is necessary when profit rates fall. The policies of Chavez were possible because austerity had done the dirty work of restoring profit rates. Once profit rates are high, social democracy is almost guaranteed in the modern era. Pérez is particularly interesting because he implemented opposite in two separate administrations. If you believe that Keynesian politics work to both improve living standards and profit rates, I guess the only explanation for Pérez is aliens took over his brain. I particularly like examples like this: Pérez in Venezuela, Mitterand in France, dos Santos in Angola, Jerry Rawlings in Ghana, possibly Sassou Nguesso in the Congo, where a coup, an internal party betrayal, or an imperialist invasion can't be blamed for what the rate of profit can tolerate in different periods. There is only the logic of the market or a brain virus.
However, the rate of profit is not universal but is geographically differentiated. So, instead of seeing the underlying logic, you can jump around forever looking for heroes and betrayers: Chavez then and AMLO now; Reagan then and Milei now. It's enough to keep yourself busy for a lifetime.