Post by jakaswanga on Jul 30, 2017 20:03:54 GMT 3
CHINA'S FORCED HAND, FORCED ROLE IN THE RISE OF AFRIKA (2)
Where is the vacuum, the least path of resistance? --Africa is a gaping investment vacuum waiting to be fulfilled. By serious capital whose options are not all speculative.
What options has China?
The Chinese have the money to invest somewhere. Abundant money is a funny thing when, unlike the (infantile) comprador we live under, you have the (class) capacity to conceptualise it as Kapital, in the sense of an essential factor of production (which must never be idle: the comprador are infatuated by the form called money, liquidity, which finances consumption and stupid opulence, called waste in this case!). Otherwise the overriding imperative is for money to be Kapital, invested to create more value. That is the sole purpose of the Kapital which concerns us here. Which in practice means it has to take RISKS to create more social wealth: a collective rise!
I am desperately avoiding the word PFOFIT you noticed.
The (first) Lunatic Express from Mombasa to Kampala was such a risk. Only industrialist capitalists could take such LUNATIC risks. They had a vision, a world view, articulated by a mature ideology. It is the lunatic express which forged East Africa into an operable enterprise as a British protectorate, allowed the rapid movements of troops tomassacre pacify rebelling natives.
The iron snake, that is what my grandpa called it, changed an epoch and allowed for white settler colonialism of Kenya. But I have no idea if it ever made a single cent of profit in the business sense!
In the grand scheme of things, European capitalist ideological vision didn't just do profit only. Its core business was shaping minds, retooling the minds of the natives, to turn them into loyal subjects of capital, the new world order! This is incorporation into The System (of Private entreprise and free markeet commerce based on private property!) That mediocre and retarded white settlers thought this Kapitalisation process had to go with a racial hierarchy is another story. It soon brought war and resistance everywhere and threatened CHAOS! I tell you insecurity is a capitalist nightmare. Insecurity means the laws of private property can not be enforced since the monopoly of violence is not complete. When that can not be done, money can not be made as it ought to be made. There is law without order: farce!
That is why elections as we have them now are an extreme irritation exercise in capitalist thought. (Check the number of observers from Capital's Motherlands come to monitor our elections! It is not African deaths concerning them, otherwise they would monitor Somali and CAR and SS more!) -But as it is, our elections freeze economic life however temporarily. They freeze business decisions as investors wait and see. They could even bring a change in which vested property relations are changed, and not according to the laws of the market, but necessary political reform! Come to think of it, People like William The Hustler could even loose the Weston Hotel and more, and the Kenyatta dynasty choice pieces of real estate without compensation!
Rigged elections? did not Hilary Clinton's DP rig Bernie Sanders out!? Did you hear the Carter foundation clear its voice about it!? Did you hear Angela Merkel send any high-power EU mission to ... help out with the institutions!?
No, there was no threat to established property relations!
If one fails to take thought of these, then one fails to unearth why there is such a fuss about the IEBC and August 8 2017. A shallow one will be content to thinks it is about ethnicity, or the enmity therein! --No, the thing is capitalist Kenya is not running a capitalist system! It is caught in a trap, and writhing!
Kapital takes risks. In the hands of capitalists. It is aggressive, ruthless, visionary and self-assured. It is easily genocidal on the back side. The imperative of banking as an institution is to formalise and mediate the trade in money, ostensibly for transformative investment that creates real wealth and collectively improves lives, though increasingly in the financialisation of the western economies, banks are just casinos, dens for speculation and other contrived pyramid schemes (like the trade in derivatives). But for China which still needs to create real wealth for her people, and, most important, the unelected government in its authoritarian monopoly of power can only maintain legitimacy by mass economic progress on the turbo roar, a mountain of idle cash would just be a pile-up of inflation, a high before a sink!
A sink of the Communist Party of China!
For that is the deal, called the mandate of heaven, not universal suffrage. Take our freedoms away but make China the greatest and richest nation on Earth, quickly. Fail, then the Communist party to the famous rubbish heap of history.
The deal makes the rulers of China very scared of speculation. Speculation can create gigantic profits which are fictitious, in the sense of adding no wealth to the land. ----During the financial crisis, some banks in the west were bailed out by countries which, only a day before the crash, were poorer than them ---at the stock listing!
Speculation can be where a price of a plot of land increases 1000% in a year without a single extra tree planted on it, then, when the rug is pulled, like the airport is not built on the land, the railway port goes elsewhere, crash goes the pyramid scheme and futures are lost. There is no real wealth created in speculation.
China therefore ---as its population gets richer and saves more, has to turn them into consumers, raising the internal demand curve to fire productivity at home, or she has to find elsewhere to go multiply the money. Rich ---sitting on whole pile of surplus capital---- is also sitting on an active rodeo stool, a topsy-turvy seat.
And over there is that stagnant Africa!
China can not unleash her investment rage on the West. Because her priorities will force her to buy into the crown jewels of the West, the high-tech end. But the west is not about to commit suicide, is it, it is not about to hand China, in the name of free markets, the ropes for China to hang her with! No, the thunderbolts of Olympian dominance they must maintain for themselves, preferably forever.
And over there is that infantile Africa!
The equation is power and global hegemony. And the Asian century isn't happy tidings to the address of our former colonial masters. Hot news! No such thing as a global free market!
So what can China do with the mountain of cash barred from the West? (and Chinese banks facing sanctions if they disobey Trump's latest sanctions on Russia and Iran!?)
In order not to collapse under the speculative and inflationary weight of it, amassed Kapital, China has to go invest it, multiply it elsewhere, do its lunatic expresses elsewhere!
And that is Africa,
That is Africa where that capital is welcome and adored and can still have its wild-west century. The local elite, a still-born foetal comprador class, only have one reaction to a pile of cash: limitless theft. They are parasitic monsters ---Mobutist, Mubarakist, Nguemist, Zumist, yeah, you catch the drift. They are never to grow into the consciousness of CAPITAL as a factor of wealth creation, a risk-taking factor, organised in large-scale production, in the religion of more and more real value!
The intensity, violence and rapacious gusto with which Chinese capital has penetrated Africa, has woken Africa to the single fact: The irrelevance of Africa's current ruling elite, as they are politically organised in the AU. They can only be quisling, errand overseer shamba boys.
Even organising the sweeping of old streets (or new railway stations if you wish) is beyond our captains of industry!
I know what that is: a death sentence.
That means even if one wins elections with a 99.99% margin (like Mubarak used to) or 100% like Kagame will, it is just, as Obama would have, lipstick on a pig which stayed a hog!
Where is the vacuum, the least path of resistance? --Africa is a gaping investment vacuum waiting to be fulfilled. By serious capital whose options are not all speculative.
What options has China?
The Chinese have the money to invest somewhere. Abundant money is a funny thing when, unlike the (infantile) comprador we live under, you have the (class) capacity to conceptualise it as Kapital, in the sense of an essential factor of production (which must never be idle: the comprador are infatuated by the form called money, liquidity, which finances consumption and stupid opulence, called waste in this case!). Otherwise the overriding imperative is for money to be Kapital, invested to create more value. That is the sole purpose of the Kapital which concerns us here. Which in practice means it has to take RISKS to create more social wealth: a collective rise!
I am desperately avoiding the word PFOFIT you noticed.
The (first) Lunatic Express from Mombasa to Kampala was such a risk. Only industrialist capitalists could take such LUNATIC risks. They had a vision, a world view, articulated by a mature ideology. It is the lunatic express which forged East Africa into an operable enterprise as a British protectorate, allowed the rapid movements of troops to
The iron snake, that is what my grandpa called it, changed an epoch and allowed for white settler colonialism of Kenya. But I have no idea if it ever made a single cent of profit in the business sense!
In the grand scheme of things, European capitalist ideological vision didn't just do profit only. Its core business was shaping minds, retooling the minds of the natives, to turn them into loyal subjects of capital, the new world order! This is incorporation into The System (of Private entreprise and free markeet commerce based on private property!) That mediocre and retarded white settlers thought this Kapitalisation process had to go with a racial hierarchy is another story. It soon brought war and resistance everywhere and threatened CHAOS! I tell you insecurity is a capitalist nightmare. Insecurity means the laws of private property can not be enforced since the monopoly of violence is not complete. When that can not be done, money can not be made as it ought to be made. There is law without order: farce!
That is why elections as we have them now are an extreme irritation exercise in capitalist thought. (Check the number of observers from Capital's Motherlands come to monitor our elections! It is not African deaths concerning them, otherwise they would monitor Somali and CAR and SS more!) -But as it is, our elections freeze economic life however temporarily. They freeze business decisions as investors wait and see. They could even bring a change in which vested property relations are changed, and not according to the laws of the market, but necessary political reform! Come to think of it, People like William The Hustler could even loose the Weston Hotel and more, and the Kenyatta dynasty choice pieces of real estate without compensation!
Rigged elections? did not Hilary Clinton's DP rig Bernie Sanders out!? Did you hear the Carter foundation clear its voice about it!? Did you hear Angela Merkel send any high-power EU mission to ... help out with the institutions!?
No, there was no threat to established property relations!
If one fails to take thought of these, then one fails to unearth why there is such a fuss about the IEBC and August 8 2017. A shallow one will be content to thinks it is about ethnicity, or the enmity therein! --No, the thing is capitalist Kenya is not running a capitalist system! It is caught in a trap, and writhing!
Kapital takes risks. In the hands of capitalists. It is aggressive, ruthless, visionary and self-assured. It is easily genocidal on the back side. The imperative of banking as an institution is to formalise and mediate the trade in money, ostensibly for transformative investment that creates real wealth and collectively improves lives, though increasingly in the financialisation of the western economies, banks are just casinos, dens for speculation and other contrived pyramid schemes (like the trade in derivatives). But for China which still needs to create real wealth for her people, and, most important, the unelected government in its authoritarian monopoly of power can only maintain legitimacy by mass economic progress on the turbo roar, a mountain of idle cash would just be a pile-up of inflation, a high before a sink!
A sink of the Communist Party of China!
For that is the deal, called the mandate of heaven, not universal suffrage. Take our freedoms away but make China the greatest and richest nation on Earth, quickly. Fail, then the Communist party to the famous rubbish heap of history.
The deal makes the rulers of China very scared of speculation. Speculation can create gigantic profits which are fictitious, in the sense of adding no wealth to the land. ----During the financial crisis, some banks in the west were bailed out by countries which, only a day before the crash, were poorer than them ---at the stock listing!
Speculation can be where a price of a plot of land increases 1000% in a year without a single extra tree planted on it, then, when the rug is pulled, like the airport is not built on the land, the railway port goes elsewhere, crash goes the pyramid scheme and futures are lost. There is no real wealth created in speculation.
China therefore ---as its population gets richer and saves more, has to turn them into consumers, raising the internal demand curve to fire productivity at home, or she has to find elsewhere to go multiply the money. Rich ---sitting on whole pile of surplus capital---- is also sitting on an active rodeo stool, a topsy-turvy seat.
And over there is that stagnant Africa!
China can not unleash her investment rage on the West. Because her priorities will force her to buy into the crown jewels of the West, the high-tech end. But the west is not about to commit suicide, is it, it is not about to hand China, in the name of free markets, the ropes for China to hang her with! No, the thunderbolts of Olympian dominance they must maintain for themselves, preferably forever.
And over there is that infantile Africa!
The equation is power and global hegemony. And the Asian century isn't happy tidings to the address of our former colonial masters. Hot news! No such thing as a global free market!
So what can China do with the mountain of cash barred from the West? (and Chinese banks facing sanctions if they disobey Trump's latest sanctions on Russia and Iran!?)
In order not to collapse under the speculative and inflationary weight of it, amassed Kapital, China has to go invest it, multiply it elsewhere, do its lunatic expresses elsewhere!
And that is Africa,
That is Africa where that capital is welcome and adored and can still have its wild-west century. The local elite, a still-born foetal comprador class, only have one reaction to a pile of cash: limitless theft. They are parasitic monsters ---Mobutist, Mubarakist, Nguemist, Zumist, yeah, you catch the drift. They are never to grow into the consciousness of CAPITAL as a factor of wealth creation, a risk-taking factor, organised in large-scale production, in the religion of more and more real value!
The intensity, violence and rapacious gusto with which Chinese capital has penetrated Africa, has woken Africa to the single fact: The irrelevance of Africa's current ruling elite, as they are politically organised in the AU. They can only be quisling, errand overseer shamba boys.
Even organising the sweeping of old streets (or new railway stations if you wish) is beyond our captains of industry!
I know what that is: a death sentence.
That means even if one wins elections with a 99.99% margin (like Mubarak used to) or 100% like Kagame will, it is just, as Obama would have, lipstick on a pig which stayed a hog!