The globalisation of financial markets, when joined with the
progress of information technology, ensures an unprecedented
mobility of capital. It gives investors concerned with the
short-term profitability of their investments the possibility of
permanently comparing the profitability of the largest
corporations and, in consequence, penalising these firms’ relative
setbacks. Subjected to this permanent threat, the corporations
themselves have to adjust more and more rapidly to the exigencies
of the markets, under penalty of “losing the market’s confidence”,
as they say, as well as the support of their stockholders. The
latter, anxious to obtain short-term profits, are more and more
able to impose their will on managers, using financial
directorates to establish the rules under which managers operate
and to shape their policies regarding hiring, employment, and
wages.
Thus the absolute reign of flexibility is established, with
employees being hired on fixed-term contracts or on a temporary
basis and repeated corporate restructurings and, within the firm
itself, competition among autonomous divisions as well as among
teams forced to perform multiple functions. Finally, this
competition is extended to individuals themselves, through the
individualisation of the wage relationship: establishment of
individual performance objectives, individual performance
evaluations, permanent evaluation, individual salary increases or
granting of bonuses as a function of competence and of individual
merit; individualised career paths; strategies of “delegating
responsibility” tending to ensure the self-exploitation of staff
who, simple wage labourers in relations of strong hierarchical
dependence, are at the same time held responsible for their sales,
their products, their branch, their store, etc. as though they
were independent contractors. This pressure toward “self-control”
extends workers’ “involvement” according to the techniques of
“participative management” considerably beyond management level.
All of these are techniques of rational domination that impose
over-involvement in work (and not only among management) and work
under emergency or high-stress conditions. And they converge to
weaken or abolish collective standards or solidarities (3).
In this way, a Darwinian world emerges - it is the struggle of
all against all at all levels of the hierarchy, which finds
support through everyone clinging to their job and organisation
under conditions of insecurity, suffering, and stress. Without a
doubt, the practical establishment of this world of struggle would
not succeed so completely without the complicity of all of the
precarious arrangements that produce insecurity and of the
existence of a reserve army of employees rendered docile by
these social processes that make their situations precarious,
as well as by the permanent threat of unemployment. This
reserve army exists at all levels of the hierarchy, even at the
higher levels, especially among managers. The ultimate foundation
of this entire economic order placed under the sign of freedom is
in effect the structural violence of unemployment, of the
insecurity of job tenure and the menace of layoff that it implies.
The condition of the “harmonious” functioning of the individualist
micro-economic model is a mass phenomenon, the existence of a
reserve army of the unemployed.
Pierre Bourdieu, The Essence of Neoliberalism
Showing posts with label capitalism. Show all posts
Showing posts with label capitalism. Show all posts
09 January 2015
24 November 2014
Free-trader Vulgaris
The consumption of labour-power is completed, as in the case of every other commodity, outside the limits of the market or of the sphere of circulation. Accompanied by Mr. Moneybags and by the possessor of labour-power, we therefore take leave for a time of this noisy sphere, where everything takes place on the surface and in view of all men, and follow them both into the hidden abode of production, on whose threshold there stares us in the face “No admittance except on business.” Here we shall see, not only how capital produces, but how capital is produced. We shall at last force the secret of profit making.
This sphere that we are deserting, within whose boundaries the sale and purchase of labour-power goes on, is in fact a very Eden of the innate rights of man. There alone rule Freedom, Equality, Property and Bentham. Freedom, because both buyer and seller of a commodity, say of labour-power, are constrained only by their own free will. They contract as free agents, and the agreement they come to, is but the form in which they give legal expression to their common will. Equality, because each enters into relation with the other, as with a simple owner of commodities, and they exchange equivalent for equivalent. Property, because each disposes only of what is his own. And Bentham, because each looks only to himself. The only force that brings them together and puts them in relation with each other, is the selfishness, the gain and the private interests of each. Each looks to himself only, and no one troubles himself about the rest, and just because they do so, do they all, in accordance with the pre-established harmony of things, or under the auspices of an all-shrewd providence, work together to their mutual advantage, for the “common weal and in the interest of all.”
On leaving this sphere of simple circulation or of exchange of commodities, which furnishes the “Free-trader Vulgaris” with his views and ideas, and with the standard by which he judges a society based on capital and wages, we think we can perceive a change in the physiognomy of our dramatis personae. He, who before was the money-owner, now strides in front as capitalist; the possessor of labour-power follows as his labourer. The one with an air of importance, smirking, intent on business; the other, timid and holding back, like one who is bringing his own hide to market and has nothing to expect but — a hiding.
Karl Marx, Capital Vol.1 Ch.6
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14 December 2012
complete subordination to the undertaking and those who run it
The power which the bourgeoisie has to exploit and oppress the workers lies at the very foundations of our social life, and cannot be destroyed by any political and juridical transformation. This power consists in the first place and essentially in the modern system of production itself, that is to say big industry. Pungent dicta abound in Marx’s writings on this subject of living labour being enslaved to dead labour, “the reversal of the relationship between subject and object,” “the subordination of the worker to the material conditions of work.” “In the factory,” he writes in Capital, “there exists a mechanism independent of the workers, which incorporates them as living cogs.... The separation of the spiritual forces that play a part in production from manual labour, and the transformation of [these spiritual forces] into power exercised by capital over labour, attain their fulfilment in big industry founded on mechanization. The detail of the individual destiny of the machine-worker fades into insignificance before the science, the tremendous natural forces and the collective labour which are incorporated in the machines as a whole and constitute with them the employer’s power.” Thus the worker’s complete subordination to the undertaking and to those who run it is founded on the factory organization and not on the system of property. Similarly, “the separation of the spiritual forces that play a part in production from manual labour,” or, according to another formula, “the degrading division of labour into manual and intellectual labour,” is the very foundation of our culture, which is a culture of specialists. Science is a monopoly, not because public education is badly organized, but by its very nature; non-scientists have access only to the results, not to the methods, that is to say they can only believe, not assimilate. “Scientific socialism” has itself remained the monopoly of a select few, and the “intellectuals” possess, unfortunately, the same privileges in the working-class movement as they do in bourgeois society. And the same applies, furthermore, on the political plane.
Simone Weil, "The Causes of Liberty and Social Oppression" in Oppression and Liberty (2002: 40)
Simone Weil, "The Causes of Liberty and Social Oppression" in Oppression and Liberty (2002: 40)
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