Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

The cost of militarism is rising. The trend in imperialism today is that the cost of maintaining the empire is beginning to overwhelm the loot that is brought in. When imperialism was stronger it brought in many more profits than losses. This allowed for the development of a relatively aristocratic top layer of the working class, mostly white, who gained something from imperialist expansionism. But today it is becoming ever more costly to maintain such a far-flung empire against increasingly conscious and determined liberation struggles. It takes enormous expenditures not only on the most sophisticated weapons and on maneuvers involving huge numbers of troops but even on endless diplomatic and political efforts. All this must ultimately come out of the hides of the workers here.

Seen in another sense, the imperialist system is becoming too costly to be able to reproduce itself. This stands out when capitalism is compared to both ancient slavery and feudalism, societies that remained relatively stable for centuries. Under these systems, the surplus produced by the laboring classes went directly into consumption. Very little was used to expand the means of production, unlike the present economic system, where the driving force of production is to generate capital.

Under modern-day monopoly capitalism, with its enormous and costly military superstructure and its irreversible drive to revolutionize the means of production, the cost of production has become excessive. The capitalists must make an ever greater effort to unload these excessive costs on the working class; hence, high tech and low wages. Their anti-labor offensive is not the product of an aberration on the part of individual capitalists but comes from deep historical roots. It is a symptom showing that the system is economically out of date and bound to decline.

damn this feel so prescient

—p.xxxviii Foreword (xxxiii) by Sam Marcy 3 years, 4 months ago