Two days before he published this article, David Graeber spoke at the People’s Forum in DC, which was organized by DC SDSers as part of Global Justice Action. The People’s Forum ran simultaneously while the G20 met in DC to save capitalism, because capitalism isn’t in crisis – capitalism is the crisis. The activities included a brainstorming session to explore “What Comes After Capitalism?” and a celebratory “Funeral for Capitalism” where the below pictures were taken. [alex]

At the "Funeral for Capitalism" - photo by Jake Cunningham
Hope in Common
David Graeber
Originally published by InterActivist Info Exchange, November 17, 2008.
We seem to have reached an impasse. Capitalism as we know it appears to be coming apart. But as financial institutions stagger and crumble, there is no obvious alternative. Organized resistance appears scattered and incoherent; the global justice movement a shadow of its former self. There is good reason to believe that, in a generation or so, capitalism will no longer exist: for the simple reason that it’s impossible to maintain an engine of perpetual growth forever on a finite planet. Faced with the prospect, the knee-jerk reaction—even of “progressives”—is, often, fear, to cling to capitalism because they simply can’t imagine an alternative that wouldn’t be even worse.
The first question we should be asking is: How did this happen? Is it normal for human beings to be unable to imagine what a better world would even be like?

photo by Christa H
Hopelessness isn’t natural. It needs to be produced. If we really want to understand this situation, we have to begin by understanding that the last thirty years have seen the construction of a vast bureaucratic apparatus for the creation and maintenance of hopelessness, a kind of giant machine that is designed, first and foremost, to destroy any sense of possible alternative futures. At root is a veritable obsession on the part of the rulers of the world with ensuring that social movements cannot be seen to grow, to flourish, to propose alternatives; that those who challenge existing power arrangements can never, under any circumstances, be perceived to win. To do so requires creating a vast apparatus of armies, prisons, police, various forms of private security firms and police and military intelligence apparatus, propaganda engines of every conceivable variety, most of which do not attack alternatives directly so much as they create a pervasive climate of fear, jingoistic conformity, and simple despair that renders any thought of changing the world seem an idle fantasy. Maintaining this apparatus seems even more important, to exponents of the “free market,” even than maintaining any sort of viable market economy. How else can one explain, for instance, what happened in the former Soviet Union, where one would have imagined the end of the Cold War would have led to the dismantling of the army and KGB and rebuilding the factories, but in fact what happened was precisely the other way around? This is just one extreme example of what has been happening everywhere. Economically, this apparatus is pure dead weight; all the guns, surveillance cameras, and propaganda engines are extraordinarily expensive and really produce nothing, and as a result, it’s dragging the entire capitalist system down with it, and possibly, the earth itself.

photo by Christa H
The spirals of financialization and endless string of economic bubbles we’ve been experience are a direct result of this apparatus. It’s no coincidence that the United States has become both the world’s major military (”security”) power and the major promoter of bogus securities. This apparatus exists to shred and pulverize the human imagination, to destroy any possibility of envisioning alternative futures. As a result, the only thing left to imagine is more and more money, and debt spirals entirely out of control. What is debt, after all, but imaginary money whose value can only be realized in the future: future profits, the proceeds of the exploitation of workers not yet born. Finance capital in turn is the buying and selling of these imaginary future profits; and once one assumes that capitalism itself will be around for all eternity, the only kind of economic democracy left to imagine is one everyone is equally free to invest in the market—to grab their own piece in the game of buying and selling imaginary future profits, even if these profits are to be extracted from themselves. Freedom has become the right to share in the proceeds of one’s own permanent enslavement.
And since the bubble had built on the destruction of futures, once it collapsed there appeared to be—at least for the moment—simply nothing left.

photo by Jake Cunningham
The effect however is clearly temporary. If the story of the global justice movement tells us anything it’s that the moment there appears to be any sense of an opening, the imagination will immediately spring forth. This is what effectively happened in the late ‘90s when it looked, for a moment, like we might be moving toward a world at peace. In the US, for the last fifty years, whenever there seems to be any possibility of peace breaking out, the same thing happens: the emergence of a radical social movement dedicated to principles of direct action and participatory democracy, aiming to revolutionize the very meaning of political life. In the late ‘50s it was the civil rights movement; in the late ‘70s, the anti-nuclear movement. This time it happened on a planetary scale, and challenged capitalism head-on. These movements tend to be extraordinarily effective. Certainly the global justice movement was. Few realize that one of the main reasons it seemed to flicker in and out of existence so rapidly was that it achieved its principle goals so quickly. None of us dreamed, when we were organizing the protests in Seattle in 1999 or at the IMF meetings in DC in 2000, that within a mere three or four years, the WTO process would have collapsed, that “free trade” ideologies would be considered almost entirely discredited, that every new trade pact they threw at us—from the MIA to Free Trade Areas of the Americas act—would have been defeated, the World Bank hobbled, the power of the IMF over most of the world’s population, effectively destroyed. But this is precisely what happened. The fate of the IMF is particularly startling. Once the terror of the Global South, it is, by now, a shattered remnant of its former self, reviled and discredited, reduced to selling off its gold reserves and desperately searching for a new global mission.
Meanwhile, most of the “third world debt” has simply vanished. All of this was a direct result of a movement that managed to mobilize global resistance so effectively that the reigning institutions were first discredited, and ultimately, that those running governments in Asia and especially Latin America were forced by their own populations to call the bluff of the international financial system. Much of the reason the movement was thrown into confusion was because none of us had really considered we might win.
But of course there’s another reason. Nothing terrifies the rulers of the world, and particularly of the United States, as much as the danger of grassroots democracy. Whenever a genuinely democratic movement begins to emerge—particularly, one based on principles of civil disobedience and direct action—the reaction is the same; the government makes immediate concessions (fine, you can have voting rights; no nukes), then starts ratcheting up military tensions abroad. The movement is then forced to transform itself into an anti-war movement; which, pretty much invariably, is far less democratically organized. So the civil rights movement was followed by Vietnam, the anti-nuclear movement by proxy wars in El Salvador and Nicaragua, the global justice movement, by the “War on Terror.”
But at this point, we can see that “war” for what it was: as the flailing and obviously doomed effort of a declining power to make its peculiar combination of bureaucratic war machines and speculative financial capitalism into a permanent global condition. If the rotten architecture collapsed abruptly at the end of 2008, it was at least in part because so much of the work had already been accomplished by a movement that had, in the face of the surge of repression after 911, combined with confusion over how to follow up its startling initial success, had seemed to have largely disappeared from the scene.

photo by Ethan Miller
Of course it hasn’t really.
We are clearly at the verge of another mass resurgence of the popular imagination. It shouldn’t be that difficult. Most of the elements are already there. The problem is that, our perceptions having been twisted into knots by decades of relentless propaganda, we are no longer able to see them. Consider here the term “communism.” Rarely has a term come to be so utterly reviled. The standard line, which we accept more or less unthinkingly, is that communism means state control of the economy, and this is an impossible utopian dream because history has shown it simply “doesn’t work.” Capitalism, however unpleasant, is thus the only remaining option. But in fact communism really just means any situation where people act according to the principle of “from each according to their abilities, to each according to their needs”—which is the way pretty much everyone always act if they are working together to get something done. If two people are fixing a pipe and one says “hand me the wrench,” the other doesn’t say, “and what do I get for it?”(That is, if they actually want it to be fixed.) This is true even if they happen to be employed by Bechtel or Citigroup. They apply principles of communism because it’s the only thing that really works. This is also the reason whole cities or countries revert to some form of rough-and-ready communism in the wake of natural disasters, or economic collapse (one might say, in those circumstances, markets and hierarchical chains of command are luxuries they can’t afford.) The more creativity is required, the more people have to improvise at a given task, the more egalitarian the resulting form of communism is likely to be: that’s why even Republican computer engineers, when trying to innovate new software ideas, tend to form small democratic collectives. It’s only when work becomes standardized and boring—as on production lines—that it becomes possible to impose more authoritarian, even fascistic forms of communism. But the fact is that even private companies are, internally, organized communistically.
Communism then is already here. The question is how to further democratize it. Capitalism, in turn, is just one possible way of managing communism—and, it has become increasingly clear, rather a disastrous one. Clearly we need to be thinking about a better one: preferably, one that does not quite so systematically set us all at each others’ throats.
All this makes it much easier to understand why capitalists are willing to pour such extraordinary resources into the machinery of hopelessness. Capitalism is not just a poor system for managing communism: it has a notorious tendency to periodically come spinning apart. Each time it does, those who profit from it have to convince everyone—and most of all the technical people, the doctors and teachers and surveyors and insurance claims adjustors—that there is really no choice but to dutifully paste it all back together again, in something like the original form. This despite the fact that most of those who will end up doing the work of rebuilding the system don’t even like it very much, and all have at least the vague suspicion, rooted in their own innumerable experiences of everyday communism, that it really ought to be possible to create a system at least a little less stupid and unfair.
This is why, as the Great Depression showed, the existence of any plausible-seeming alternative—even one so dubious as the Soviet Union in the 1930s—can turn a downswing into an apparently insoluble political crisis.
Those wishing to subvert the system have learned by now, from bitter experience, that we cannot place our faith in states. The last decade has instead seen the development of thousands of forms of mutual aid association, most of which have not even made it onto the radar of the global media. They range from tiny cooperatives and associations to vast anti-capitalist experiments, archipelagos of occupied factories in Paraguay or Argentina or of self-organized tea plantations and fisheries in India, autonomous institutes in Korea, whole insurgent communities in Chiapas or Bolivia, associations of landless peasants, urban squatters, neighborhood alliances, that spring up pretty much anywhere that where state power and global capital seem to temporarily looking the other way. They might have almost no ideological unity and many are not even aware of the other’s existence, but all are marked by a common desire to break with the logic of capital. And in many places, they are beginning to combine. “Economies of solidarity” exist on every continent, in at least eighty different countries. We are at the point where we can begin to perceive the outlines of how these can knit together on a global level, creating new forms of planetary commons to create a genuine insurgent civilization.
Visible alternatives shatter the sense of inevitability, that the system must, necessarily, be patched together in the same form—this is why it became such an imperative of global governance to stamp them out, or, when that’s not possible, to ensure that no one knows about them. To become aware of it allows us to see everything we are already doing in a new light. To realize we’re all already communists when working on a common projects, all already anarchists when we solve problems without recourse to lawyers or police, all revolutionaries when we make something genuinely new.

photo by Jake Cunningham
One might object: a revolution cannot confine itself to this. That’s true. In this respect, the great strategic debates are really just beginning. I’ll offer one suggestion though. For at least five thousand years, popular movements have tended to center on struggles over debt—this was true long before capitalism even existed. There is a reason for this. Debt is the most efficient means ever created to take relations that are fundamentally based on violence and violent inequality and to make them seem right and moral to everyone concerned. When the trick no longer works, everything explodes. As it is now. Clearly, debt has shown itself to be the point of greatest weakness of the system, the point where it spirals out of anyone’s control. It also allows endless opportunities for organizing. Some speak of a debtor’s strike, or debtor’s cartel.
Perhaps so—but at the very least we can start with a pledge against evictions: to pledge, neighborhood by neighborhood, to support each other if any of us are to be driven from our homes. The power is not just that to challenge regimes of debt is to challenge the very fiber of capitalism—its moral foundation—now revealed to be a collection of broken promises—but in doing so, to create a new one. A debt after all is only that: a promise, and the present world abounds with promises that have not been kept. One might speak here of the promise made us by the state; that if we abandon any right to collectively manage our own affairs, we would at least be provided with basic life security. Or of the promise offered by capitalism—that we could live like kings if we were willing to buy stock in our own collective subordination. All of this has come crashing down. What remains is what we are able to promise one another. Directly. Without the mediation of economic and political bureaucracies. The revolution begins by asking: what sort of promises do free men and women make to one another, and how, by making them, do we begin to make another world?
6 comments
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December 9, 2008 at 7:05 am
Russ
This all runs parallel to my own thoughts. It’s especially striking how no one of any prominent political hue sees any alternative but to try to jump-start the engines of “growth” and exponential debt – and how they all believe, implicitly or explicitly, that this engine is in fact a law of nature. That the current crisis, however bad and however long, is still only a temporary doldrum in the eternal march upward.
They refuse to realize that the “growth” civilization was only a temporary cancer enabled by cheap, plentiful oil, which will from here on no longer be either, and that with oil’s depletion, the whole modern machine will run down and stop – forever.
As for what we can do during the running down, which will take decades, here’s where I find difficulties.
Although small-scale communism is a fine ideal, its problem is that people, in my experience, are inherently tyrannical.
Even if all structures dissolved tomorrow, and for awhile we true anarchists had our dream, and the largest form of organization was agrarian and syndicalist communes, how long could that last?
How long before someone sought surplus value? I don’t just mean the surplus value of greed, seeking money and power and “stuff”, material luxuries (though I mean that too).
I mean the surplus value of ideals, sought even with the best conscious good faith, the surplus value of saying things could be better if we only organized things a little better (i.e. on a slightly larger scale). When it comes down to it, it’s still the same old cult of “efficiency”.
“If we could only be more efficient, we could be better at x, have more of x.” – With that, the whole nightmare begins again. That’s where human beings should immediately draw a line.
I absolutely agree in seeing debt as man’s original social sin. For anybody interested in this, the most profound exposition on the subject I’ve ever read is in Nietzsche’s “On the Genealogy of Morals”, second essay.
December 9, 2008 at 7:26 pm
ropata
We live in interesting times. I share your hope that our society can return to a simpler, kinder path free from the tyranny of debt, greed and control. But this requires virtuous population keen to work hard and take responsibility for their own wellbeing. We are currently a herd of sheep following anyone who promises safety and security and a life of ease.
Ultimately all man-made systems (lacking insights into basic morality and human nature) are subject to decay as the strong seek to exploit the weak. Distributism is another small-community approach to economic life, championed by Hillaire Belloc, G.K. Chesterton, and Catholic teaching. As such it appears ethically superior to Communism.
December 10, 2008 at 1:43 am
ropata
FYI : When businesses make people starve
A great essay from Bloomberg.com dispels the myth of business efficiency : Aid taking *six months* to reach Ethiopia because of the intervention of big business, whose primary motivations are profit rather than people.
Interestingly, the true criminals in this case are not the Government, who tried to support local food production, but the big business lobbyists who moved to stop this. While the story characterises this aid as benefiting all Americans, the truth is that that any extra revenue goes towards those who are siphoning off profit from the top of these companies.
Like Lehman’s “remorse” for shareholders melting away after he took half a billion dollars of profits from the company, profiteering corporations do little to spread the wealth to those everyday Americans now living in tent cities across the United States, having lost their jobs to outsourcing and their homes through foreclosures.
December 11, 2008 at 9:30 am
Frank Mancuso
Our republic allows opinion, just look at all the blogers. Republican, Democrat, liberal conservative. Who is to say who’s right, or wrong. We torment over everything wasting time, energy, resorses. We do have a right to our opinions don’t we? Well suppose the opinion of the general public favors the death penalty, ideally same minded people are elected and pass legislation and so we kill bad people. Yet a higher law says “Thou Shalt Not Kill” opinion trumps. Generally opinion is dictated by feelings and emotions all well and good but lets examine reality. Popular opinion for whatever reason usually some advertising by some corporation informs us that all want “clean electric cars.” The politicians who also have opinions give the auto companies billions to re-tool and achieve that lofty goal. (energy independance). We’ll show em we don’t need their oil. When reality sets in we may realize we have removed our mountain tops so we can burn coal to boil water in some polluting global warming power plant so we can plug in our new electric vehicle for 6 hours so we can drive it 20 miles. Opinion trumps reality. We already have clean diesels that can go 600 miles on ten gallons of oil that comes from a hole in the ground. At some point real science and reality should trump opinion, but in a republic public opinion can be bought and paid for by capital, corporations and lobbies. Is it time for a king or dictator? How can we expect a system that thrives on consumption not consume everything. It’s a dilemma on the one hand we want growth, developement, things, on the other we want forests, clean water, and air. I’m afraid the cancer of capatailism will consume it all before we can form enough opinion to stop it.
December 12, 2008 at 1:25 am
endofcapitalism
thanks for the comment frank. you’re right that corporations and marketing companies manipulate public opinion, but i don’t share your hopelessness, for the simple reason that people deep-down always know the truth.
on lots of major issues, the public favors drastic, radical changes like universal, free, single-payer health insurance, or even ending the war in iraq. something like 90% of the population thinks “the country is headed in the wrong direction.”
but the corporations and their lobbyists who control the government ensure that within the system, change cannot happen.
the question is not, “can we convince enough people that change is needed?”, but “can we organize a movement to make the changes needed?”
December 12, 2008 at 9:29 am
Frank Mancuso
I’m for organizing a movement, but where will it lead us? We’re a country of over 300 million people in a world of 6 billion that is growing, consuming, and distroying the air, water, and land not by choice but necessity. Some believe drill baby drill, in killing wolves, and politics of division. Others fight for clean water, air, and rights. I think change will be mandated by shortages of oil, clean water, and golbal warming. The question becomes can we get to the future peacefully? OR will environmental refugees revolt and overthrough authouity and create a world of cahos? So the plan to the future must be based on reality and science not opinion. Unfortunatly politics is supported by opinion driven by corporate greed. How to overcome it? Your site is a start.