Lenin on the BBC

Unless you have a phobia about dodgy plumbers or timeshare scams, The One Show isn't the sort of programme you watch to be scared. It's a cosy after-dinner easy-watching chat-show. In tonight's episode, Justin Rowlatt interviewed an economics commenter (whose name I didn't catch) who gave what he called 'an extreme view' of what's at stake in the euro crisis. She said that 'if the euro goes down' Britain is in for 'a long, dark recession' which could lead to massive civil unrest and ... wars. Since the UK is already involved in three wars against in underdeveloped countries, I think she meant wars between advanced countries. You know, proper wars, like those your parents or grandparents fought in and didn't talk about much.

Jeremy Paxman, also interviewed tonight, looked withdrawn and thoughtful during the brief studio discussion that followed. He didn't look scornful or sceptical. But then, he was there to talk about his new book, on the British Empire.

Now, until I know who the economist was, I have no way of judging her credibility. Leaving that aside, though, it's the first time I've heard this idea - that a crisis of capitalism can lead to revolutionary situations and/or inter-imperialist wars - even mooted in the mainstream media. Is a non-apocalyptic WW3 even possible? It's hard to imagine something between, say, the break-up of Yugoslavia and the cataclysmic Cold War visions of the final war (though I've tried). That strikes me as a good reason why we might be well advised to consider other possible responses to the crisis. Devising a feasible socialism is demonstrably not beyond human capacity, though finding a party advancing or even discussing anything of the sort is beyond mine.

But, as usual, the programme didn't leave us to wallow in gloom. Our spirits were lifted by a cheery little item about the proud welders and engineers and electricians of Barrow-on-Furness, building Britain's latest nuclear submarine.
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Published on October 11, 2011 21:10
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message 1: by Rnh (new)

Rnh The Austrian school of economics, namely Mises and Rothbard predicted these bubbles bursting. Not from capitalism, but from the involvement of the State in money, redistribution, and moral hazards due to artificial markets.

Socialism is force, as is all government, which is why it will always end up in violent upheaval. The dark days are coming to us all.


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