293 karma · joined July 10, 2020
One must add future prospects to the lasting effects of the past. And the future is now called electrical and digital restructuring which, in the third decade of this century, is the updated version of the European restructuring. They indeed both follow the same rules and have the same raison d’être: the world contention, which pits industrial systems of a continental scale against each other, from Europe and America to China. One should not be surprised to see the ideological armour of this contention painted in the fashionable green of environmentalism, so that the poisonous content of an 1mperialist clash — which embitters workers against other workers — is concealed.
UBS Evidence Lab, a team of UBS bank experts working in 55 specialised labs to provide data on investment decisions, predicts that cost parity between electric and internal combustion cars will be achieved in 2024 [Inside EVs, October 20th 2020]. By then, the development of car electrification will be self-sustaining without government subsidies.
Bloomberg New Energy Finance (BNEF), in its report " Electric Vehicle Outlook 2020", estimates that by 2022 carmakers will have 500 different models of electric cars available and that sales will rise from 2.1 million in 2019 to 26 million in 2030. The share of electric cars in total car sales will rise from 2.7% in 2020 to 28% 1n 2030. For the International Energy Agency (IEA), in the " Stated Policies" scenario, which considers evolution of the situation according to the policies already in place, the circulation of electric cars worldwide will reach 145 million by 2030, 7% of total circulation, and sales will be 35% of the total in China, 35% in Europe and 15% in the USA [LEA, Global EV Outlook 2021, April 2021].
According to these forecasts, China is leading the process of automotive electrification, the EU is racing hard to catch up, and the USA is lagging behind, although the Biden’s administration is attempting to make up lost ground with its electrification plan. The charging network
In 2019, there were 6.5 million private and 800,000 public charging points (aka charging stations) worldwide [IEA, Global EV Outlook 2020, June 2020]. Private charging points are those owned by households, while public charging points are owned by companies and are freely accessible to all motorists, just like any petrol station.
Another BNEF analysis [Bloomberg, March 23rd, 2021] shows China’s dynamism in building an infrastructure network: its 300,000 available public columns in 2018 have risen to 516,000 in 2019 and 800,000 in 2020.
According to McKinsey January 5th], by 2030 the USA will have between IT and 30 million private and 400,000 to 600,000 public charging points, the EU together with the UK between 28 and 35 million private and 500,000 to 900,000 public charging points, and China between 15 and 17 million private and 1.5 and 2.2 million public charging points. This large difference between the public and private charging points in China, the USA and Europe lies in the different distribution of the population in the territories.
In the USA and Europe, as people move to the suburbs, half to twothirds of the population now live in single dwellings with garages. This is why McKinsey predicts that by 2030 there will be twice as many private charging points as in China, where urbanisation is leading to a concentration of the population in cities with large apartment blocks and therefore twice as many public charging points. According to the McKinsey report, by 2030 there could be 54 to 82 million private and 2.4 to 3.7 million public charging stations in the world. A worldwide market has opened up, triggering a race to invest in this sector, and with it speculation.
Jeffrey Garten, Bill Clinton’s former Undersecretary of Commerce for International Trade and managing director of the Blackstone Group and Lehman Brothers, is now a historian who has written about Nixon’s decision. He recalls that the turnaround came at a time when the amount of dollars in circulation in the world was four times the amount of gold held in reserve, inflation was rising, Washington was withdrawing troops from Vietnam, and Nixon, the month before, had announced his visit to Beijing, a historic event.
In 1959, the economist Robert Triffin had explained to Congress that there were "absurdities associated with the use of national currencies as international reserves" and that the contradiction was an "built-in de-stabilizer" of the national monetary system. The end of convertibility did not eliminate these "absurdities"; instead, it removed the only limit its creators had provided: the gold standard.
We can only repeat the same thing: the pandemic simultaneously shows the enormous potential of the productive forces, but also the fatal contradiction of which they are prisoners - that of a society divided into classes and the contention between states. Communism is a necessity for humanity: that is where the commitment to a truly humane society lies.
Engels in the New Century. (2021, June). Internationalism, 12.
Half a century later, a lot has changed, but not that class principle. The China of Mao Zedong's peasant populism has become an economic power playing on the same level as America and Europe; its industrial giants challenge those of the West which had once subjugated it, but hundreds of millions of Chinese proletarians have also been added to our world class. It's been quite a while, and since the time for a modern class struggle has also come to the Asian metropolises: Marx is not a has-been in Beijing, Shanghai, Wuhan and Canton, as he is not in the other immense urban concentrations of the new Asian powers. In the USA, fifty years of social mobility have made a black bourgeoisie and a black middle class grow alongside the black proletariat, but this has not changed the fact that discrimination because of the colour of one's skin continues to disguise class oppression. In the districts of the American metropolises it is social discrimination that links the new flows of immigrants born abroad to the Afro-American proletariat and the stratifications of white wage earners. Finally, the metropolises in Italy, Spain, France or Germany have also changed their faces: the most thankless jobs and the lowest steps on the wage scale have been entrusted to the immigrant proletariat, and also old Europe, which had even known the monsters of genocide, has rediscovered the shame of racism and xenophobia.
So then «Black lives matter»: no doubt about it, but woe betide the hypocritical denunciation of racism only in other people's homes. The lives of the desperate who continue to drown in the Mediterranean Sea matter; the farmhands forced to live in inhuman conditions matter; and the millions without legal protection on construction sites, in factories, warehouses and hotels matter. The pandemic of the century crisis has only shown openly what was there for all to see but that no one wanted to see. So then, to fight every oppression and every exploitation means returning to Marx. It means rediscovering the principle of class unity in the scientific consciousness of communism.
Return to Marx. (2020, July). Internationalism, 12.
Vampiric in three senses, then: at home, in the export of capital and in the import of a labour force. Such a society clearly has no future, and in the uneasiness running through public opinion, in the resentments and the populist anger, a vague premonition is felt. In addition, the shadows of new grow ever taller, China above all, making the status quo of the world order unsustainable and thereby undermining the security of assets, safeguards and protections.
A future does exist, but not in capital: it exists in those two billion salaried workers who are its contradiction. There is no area in the world that does not show, concealed or in sudden explosions, the friction and collisions of the class antagonism. There is redemption in that struggle but that alone is not enough, under penalty of seeing our class instrumentalised, seized with fanaticism and ideologies or suffocated in repression, as is happening today in Chile, Lebanon, Algeria, Iraq, Iran and India. The struggle is only the first step; only a communist and an internationalist strategy open the way to the future.
Note: I'm trying a more informal style in this video so make sure to let me know if you like it better this way, as opposed to my usual cut-after-every-sentence editing.
This, though, is far from being the only contemporary account of late 19th-century living conditions in this part of inner-city Manchester. In 1870, the Manchester Guardian – as this paper was then known – published a series of articles on the city's slums, opening with a scene of 18 adults and several babies squeezed round a single fireplace. Along with Engels' account, the newspaper's archive reports proved influential in the decision to investigate this site. And, not one to leave an investigation unfinished, the Guardian has today returned to the same streets (Miller, Dantzic and Angel) near the city's Victoria Station.