Capitalism in Crisis?
....Ultimately, I think, that the tremendous international mobility of labor will become the crucial element in the political conjuncture. This is where the working class is potentially on the offensive and where the ingredients of an internationalist perspective can find a social base. This is also one of the fault areas where fascist movements will emerge. Again, not conflating crisis with collapse, it is apparent that this labor mobility provides an element of the capitalist crisis. It challenges traditional methods of governing and labor discipline and any attempt to deal with it will necessarily undermine some aspect of capitalist hegemony or profitability.
However, the immediate manifestation of crisis is on the other side of the process, the internationalization of capital. There is a contradiction between the growing elimination of obstacles to the free movement of capital and the national state framework which still must mediate and arbitrate differences within capital to advance its overall class interests. Somehow this contradiction must be negotiated without undermining capital's ability to respond to potential class challenges emerging from the mobility of labor and without providing too much fuel for an already existing challenge from the political right....
From the debates on the current moment and fascism:
...White workers can feel they are superior and thus deserving of privileges, but not recognize that they have them. It is not only possible, it is common to find that the recipients of privileges feel that they are actually the victims of discrimination, and that groups with greater access to government are more critical of it and cynical about it. Thus the formula: privileged status equals cross-class alliance equals support for one's own capitalism and ruling class is frequently disrupted in real life.
White workers in this country are no longer going to be fully buffered from the impacts of international competition and that is going to undermine their allegiance to the old system of rule. Whatever differential access white workers have to government, the benefits that result will be reduced. If the privileged sector think and feel left out and left behind - not so privileged and maybe even discriminated against - even when these may not be objectively true; it will shatter their compact with capital and open the potential for fascist developments as well as more hopeful challenges to the system.....