I Will Hold You in My Arms a Day After the War

Source: Tricontinental

On Monday, 27 January, the South African photographer Santu Mofokeng slipped away. His camera had been a familiar presence in the anti-apartheid struggle; after years of photographing police violence and popular resistance, he tired of making ‘images bespeaking gloom, monotony, anguish, struggle, [and] oppression’, he wrote in 1993. It was then that Santu turned his camera on the life of the black working class. ‘Perhaps I was looking for something that refuses to be photographed,’ he said. ‘I was only chasing shadows, perhaps’. Those who search for the future chase shadows.

When the future is bleak, you feel like shutting your eyes.

In mid-January, the UN Conference on Trade and Development (UNCTAD) released its flagship report, World Economic Situation and Prospects 2020. The main theme of the report is that global growth rates this year will be unimpressive, and that the most powerful states will once more rely upon lowering interest rates to provide liquidity into markets. There is a fundamentalist view amongst mainstream economists and bankers that the entry of capital into markets will lead to investment, which can then raise growth rates. As UNCTAD shows, this is an illusion, since liquidity can move to financial markets and not into investments in either manufacturing, the service sector, or into financing human needs. ‘Overburdened monetary policies’, UNCTAD’s report notes, ‘have proven insufficient to stimulate investment, which in many countries is being held back less by financing costs than by uncertainty and a lack of business confidence’.

An enormous amount of global debt has been ‘channelled into financial assets rather than into raising productive capacity – illustrating a worrying disconnect between the financial sector and real economic activity’. Even when capital has gone into the manufacturing sector, it has not necessarily increased employment; the phenomenon of ‘jobless growth’ has often been its outcome. Capital has been flowing into negative-yielding sovereign bonds, which shows that capital markets are pessimistic about future economic growth. It is a signal of deep distress in the current system, as we pointed out in our January Dossier no. 24, The World Oscillates Between Crises and Protests.

Given the lack of growth rates, the Central Banks’ solution has become to reduce interest rates. The US Federal Reserve Bank – as the banker of last resort – has dropped rates once more. The rate sits between 1.5% and 1.75%, which gives the Federal Reserve very little room to drop rates further if there is another financial crisis or even a deeper slowdown. ‘Overreliance on monetary policy’, UNCTAD’s economists write, ‘is not just insufficient to revive growth; it also entails significant costs, including the exacerbating of financial stability risks’. Low interest rates allow financial markets to borrow in a situation where risks are under-priced; as a result, more reckless behaviour is evident in financial markets, assets are overpriced, and global debt will likely skyrocket.

  • The richest 22 men in the world have more wealth than all the women in Africa.
  • The world’s richest 1% have more than twice as much wealth as 6.9 billion people.
  • If you saved $10,000 a day every day since the pyramids were built in Ancient Egypt roughly five thousand years ago, today you would have only one-fifth the average fortune of the 5 richest billionaires.
  • Women and girls put in 12.5 billion hours of unpaid care work each and every day, contributing at least $10.8 trillion a year to the global economy – more than three times the size of the global tech industry.

Given these disparities, it is no wonder that the Davos conversations are arid, even otherworldly. Two economists write from Davos of the positive signs in this economy, taking shelter behind the cessation of trade hostilities between the United States and China and emphasising an increase in consumer spending. Nothing here about inequality or the fact that consumer spending is based on cheap credit and high debt. The economists end their note with a peculiar statement: ‘More local concerns, such as riots in Latin America and faltering growth in India are also worrisome’.

Riots in Latin America? Rather, the core of the unrest that we see in Latin America points to a range of regime change operations (that overthrew the government in Bolivia, and that attempted ­– and failed – to overthrow the government in Venezuela) and State repression against protestors (in Chile and Ecuador). What violence one sees in Latin America has been imposed on the hemisphere by imperialism and the local oligarchy. To call them ‘riots’ makes them see anarchic; they are, in fact, the objective consequence of State policy dictated from Washington and from the gated communities of the Latin American oligarchies that seeks to destabilise the region and maintain control in the hands of the rich.

A year ago, the United States and its allies in the Lima Group attempted a coup d’état against the government of Venezuela. The hybrid war against the Venezuelan people grew around a sanctions regime that has forced the Venezuelan economy to contract sharply, and that has killed at least 40,000 people. This war on Venezuela has created extreme instability in all of Latin America, but particularly in neighbouring Colombia.

In a brief statement, the UN’s High Commissioner for Human Rights pointed to the ‘staggering number’ of assassinations of leaders of social and political movements. The killers, the UN suggests, are ‘criminal groups and armed groups linked to illicit economies in areas vacated by the FARC-EP’. In other words, right-wing paramilitary groups and their affiliated drug gangs have taken advantage of the peace treaty signed by the Left to terrorise the countryside. In the Tricontinental: Institute for Social Research dossier on Colombia (December 2019), the argument is made that the Colombian oligarchy does not want to move toward peace because this would shift the needle of Colombian politics toward the people’s movements and the Left. The continuation of the war — now through assassinations and intimidation — favours the oligarchy. They prefer this violence to democratic politics. On 21 January, the people of Colombia returned to the streets for another general strike with a list of demands that runs from an end to neoliberal economic policies to shutting down the repressive police units that operate like death squads.

João Pedro Stédile of the National Board of the Landless Rural Workers’ Movement of Brazil (MST) offers a twenty-point assessment of the failed coup in Venezuela, which has at its heart the disorientation within the right-wing opposition to the Bolivarian process initiated by Hugo Chávez in the 1990s. The preferred regime change candidate from Washington, Juan Guaidó, has lost the support of a deeply fragmented opposition group in Venezuela after a year of attempts to overthrow the government. Guaidó – formerly the president of the National Assembly ­– was replaced by Luis Parra in a vote on January 5.  Parra, though still a member of the opposition, has been deemed an unacceptable puppet replacement by the United States, which promptly sanctioned him and encouraged Guaidó to continue his personal rebellion. This is the oligarchy-instigated ‘riot’ that is creating chaos in parts of Latin America: the riot of the rich to wreak havoc on the lives of the poor and working class.

In 1964, when Colombia slipped once more into its seemingly endless series of wars, the iconoclastic poet Jotamario Arbeláez wrote a moving poem about the time ‘after the war’ (translated by Nicolás Suescún),

a day
after the war
if there is a war
if after the war there is a day
I will hold you in my arms

a day after the war
if there is a war
if after the war there is a day
if after the war I have arms
and I will make love to you with love
a day after the war
if there is a war
if after the war there is a day
if after the war there is love
and if there is what it takes to make love

Today there is a hybrid war and there is an economic war that create the conditions for chaos.

There is an economic war against the planet, one that has no anti-war movement.

This economic war deforms human aspirations, empties out dreams and breaks hopes. If that richest 1% – which has more than twice as much wealth as the planet’s 6.9 billion people – just paid 0.5% more in taxes, it would raise enough investment to create 117 million jobs in the fields of education and healthcare, in childcare and elder care. In 2016, UNESCO pointed out that if the world were to meet the Sustainable Development Goal on education, countries of the world would have to recruit at least 68.8 million teachers over the next decade and a half – 24.4 million primary school teachers and 44.4 million secondary school teachers. This demand has slipped under the table.

How far are we from the day after the war?

1 comment

  1. avatar
    Michael February 1, 2020 11:58 am 

    Vijay Prashad is one of the best observers that I know of and this article is, of course, excellent. His comments on Latin America are valuable and this is an area I know something about since I live there for 15 years observing and studying the area, living both in the Southern Cone and Central America.

    Last night I had a dream and this is what I wrote to a friend who lives on a small farm and teaches at a university:

    “Perhaps I have a lesson to share with you. Most of us here who live in urban areas never learn what some do who still live in the rural area and are farmers. I was lying in bed and a dream came to me, here it is. This has actually happened. Elena opened an avocado, aguacate, to eat and then she took the seed and with toothpicks, escarbadientes, placed them into the seed as supports and put the seed on a glass with water touching half of the seed. Before long, roots grew and eventually a little green shoot, brote, came from the top. When there were fairly developed roots and the shoot was a bit bigger, I took it, removed the toothpicks and planted it outside our house. A tree began to grow for sure. After some time, years actually, it became a fairly big tree, but year after year passed and there were no fruits. The true was pretty, it gave shade and was a nice addition to our landscape, so we thought, no avocados, but it’s a nice tree. Then in the sixth year one day I saw there was an avocado, but later in the day I noticed that there were many more fruits. It may seem silly, but I was excited. I took a picture of some fruits and sent it to Elena at school with my cell phone. Eventually we had some 20 large, green, delicious avocados that first year, this year. We even had a hurricane in the third year and force the tree to lean to the side, but it did not fall and kept growing. Perhaps this is a metaphor for a revolution, it takes time and patience but eventually it develops. I am pondering this dream today.”

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