I'd be interested in how other groups (whether believing in decadence or not) have interpreted Marx's reference to "fetters"? While the interpretation given in the pamphlet is plausible I'm not convinced it is the only one that could be made.
This is a good question. To give one recent example of this on the board I will quote the user "robbo203" from the thread "The theory of capitalist collapse":
Originally Posted by Robbo
Originally Posted by Nic
Originally Posted by Robbo
Originally Posted by Nic
At a certain stage of development, the material productive forces of society come into conflict with the existing relations of production or - this merely expresses the same thing in legal term - with the property relations within the framework of which they have operated hitherto. From forms of development of the productive forces these relations turn into their fetters. Then begins an era of social revolution. (Marx, Preface of a Contribution to the Critique of Political Economy)
If all crises of capitalism are not only periodic but also provide the impetus for future growth and development within the framework of capitalism itself how can we talk of capitalist social relations as being fetters on the development of the means of production? What factor, what force is constricting and restraining their full development?
But read the quote again! Note what it says. It says the relations of production "fetter" the development of the productive forces. In other words they hold back or restrain them...
So I read Marx's statement quite differently to you. What he is talking about is the
potential of the material forces if organised on a communist basis. This potential is prevented from being materialised by capitalism itself most self evidently in the form of an economic crisis when you have the contradiction of "overproduction" alongside obvious human want
This leads us to the most nonsensical conclusions. For the former half of the quote: If capitalist relations of production act as a fetter on the development of the productive forces since the day it is born, can we then conclude that the epoch of social revolution has been open since the 17th century? ...
I dont see it this way. Capitalism becomes decadent or reactionary once the productive forces have developed to the point at which communism becomes feasible. This is I think what lies behind the quote from the Critique of Political Economy when it says
. From forms of development of the productive forces these relations turn into their fetters. Then begins an era of social revolution. Saying the productive forces are fettered means they are held back. Capitalists dont invest in more productive forces becuase the market does not permit this even if the need for expanded production is there. That is the only sensible way in which you could interpet the above passage. It doesnt mean that the epoch of social revolution was open since the 17th century. Although the first commecial crisis was reputedly in the early 19th century according to Engels, this does not mean the capitalist relations did not act to restrain the productive forces even then but these relations at that stage had still on balance a progressive role to play in developing the forces of production. Today they no longer have a progressive role to play since the productive forces are more than adequate to sustain communism
I think the interpretation Robbo was putting forward here is identical to that of Mandel which is commented upon in Part 5 of "Understanding the Decadence of Capitalism":
"For Mandel, “...it is not therefore the decline of the productive forces, but an exacerbated parasitism and increased waste accompanying growth, and taking control of it (...). The most damaging form of waste inherent in capitalism’s senility is henceforth the misuse of the productive forces;” the system’s rottenness is demonstrated by “...the pitiful results compared with the possibilities of the third technological revolution and automation (...). Measured in relation to these possibilities, the waste of potential and real productive forces has grown immeasurably. In this sense, - but only on the basis of this kind of definition – Lenin’s description of imperialism as ‘the capitalist mode of production’s phase of generalised decay’ remains justified”. For Mandel, capitalism has three phases: “...the capitalism of free competition from Waterloo to Sedan, the epoch of classical capitalism up to the inter-war period, and the senility of capitalism today”, and, so he tells us, “in absolute value, the productive forces have grown more rapidly during the epoch of capitalism’s senility than previously”. This is fine company that the GCI and CoC are keeping. Further on, Mandel explicitly reinterprets Marx’s definition of the decadence of a mode of production in the Preface: “It is all the more obvious that Marx is not referring here to the fall of capitalism, but to the fall of all class society. He would certainly not have had the idea of characterising the period preceding the victory of modern history’s bourgeois revolutions (the Netherlands in the 16th, the English in the 17th, and the American and the great French revolutions in the 18th centuries) as a phase of stagnation or even diminution of the productive forces” (Le troisieme age du capitalism).
"What are we get out of this inextricable mess? A pure and simple negation of the marxist conception of historical evolution. The decline of a mode of production is no longer the result of a blockage of the productive forces by the relations of production, i.e. of the gap between potential and real growth, but, says Mandel, is defined as the difference between what is technically possible under a socialist mode of production and actual growth, between an economy of automation and abundance and today’s growth, which is “infinitely faster than before”, but oh!, so “wasteful” and “misused”. Defining capitalism’s rottenness by demonstrating the superiority of socialism demonstrates nothing at all, and certainly does not answer the question of why, when and how, a society enters into decline. But Mandel gets around this question, by denying decadence, like our critics. Thus he claims that the period from the 16th to the 18th century is not one of decadence of the feudal mode of production and of transition to capitalism, but of full-blown growth, which allows him to attribute to Marx a conception that is the contrary to everything he ever wrote on the subject. Mandel adds together two opposite dynamics, in a period where two different modes of production are intertwined: the decline of feudalism from the 14th to the 18th centuries, bringing in its wake famines, epidemics, wars and agricultural crisis, and the transition to capitalism which is bringing a new dynamic to production (the merchant and artisan classes...)."
Originally Posted by Marion
Anyway, perhaps we need to move on to the next chapter???
If we do, we aught to create the thread this weekend or for sometime at the end of the week for next weekend. It seems that in the past they have lyed dormant until the weekend when people get a little more free time.
Originally Posted by Samyasa
Also bear in mind that the deeper we get into the pamphlet, the more we're coming up against the core of the current debate in the ICC about the nature of the post-war boom and some tricky economic questions.
All the more reason to press on in my opinion, especially given I don't think I really got much out the later chapters when I read through the pamphlet for the first time.
On the actual chapter itself, I will try to make some notes and post any questions or comments this afternoon, though I agree with what has been said about not having much to add.