Yanis Varoufakis recounts how the “repugnant” european crisis drove him to become an “erratic marxist”.
At a time when neoliberals have ensnared the majority in their theoretical tentacles, regurgitating incessantly the ideology of enhancing labour productivity in an effort to enhance competitiveness with a view to creating ‘growth’ etc., Marx’s analysis offers a powerful antidote. Capital can never win in its struggle to turn labour into an infinitely elastic, mechanised input, without destroying itself. That is what neither the neoliberals nor the Keynesians will ever grasp! “If the whole class of the wage-labourer were to be annihilated by machinery”, wrote Marx “how terrible that would be for capital, which, without wage-labour, ceases to be capital!” The closer capital edges toward its ‘final victory’ over labour, the more our society resembles another science fiction movie. One that was foreshadowed by, yes, Marl Marx: The Matrix.