Agence Global

  • About AG
  • Content
  • Articles
  • Contact AG

Who is winning? It all depends when

April 1, 2019 - Immanuel Wallerstein

For a worldwide struggle to capture the surplus-value there is always a choice.

One can give priority to short-term gains. Or one can give priority to middle turn gains. One cannot do both.

Whoever seeks short-term gains will always win out in the short-run. It is the road of apparent selfishness. Pursue one’s own gains, no matter what happens to the others.

However, after a few years, the short-turn gains are exhausted. Preferences shift. Suddenly, it is middle term gains as a result of class struggle that matters.

Now, the selfish are the losers, the sacrifices rewarded.

Because we are in the structural crisis of the capitalist world-economy, there are constant fluctuations. We go back and forth between the short-term and the middle-run as the only thing that matters.

At the moment, a major actor, President Trump, has opted for a short-run priority. It looks good for him.

But he and others will soon have to shift for a middle-run emphasis.

It will soon look bad for him.

Since what he cares about is re-election in 2020, the timing of the shifts is crucial, but also unpredictable.

Those interested in winning the class struggle should concentrate on that struggle as the only sensible option.

Immanuel Wallerstein, Senior Research Scholar at Yale University, is the author of The Decline of American Power: The U.S. in a Chaotic World (New Press).

Copyright ©2019 Immanuel Wallerstein — distributed by Agence Global

—————-

Released: 01 April 2019

Word Count: 204

—————-

Syndication Services

Agence Global (AG) is a specialist news, opinion and feature syndication agency.

Rights & Permissions

Email us or call us 24 hours a day, 7 days a week, for rights and permission to publish our clients’ material. One of our representatives will respond in less than 30 minutes over 80% of the time.

Social Media

  • Facebook
  • Twitter

Advisories

Editors may ask their representative for inclusion in daily advisories. Sign up to get advisories on the content that fits your publishing needs, at rates that fit your budget.

About AG | Contact AG | Privacy Policy

©2016 Agence Global