O'Connor certainly... O'Connor is certainly right, and when he comes to the conclusion that by strengthening the social character of production growth in the public sector is absolutely necessary for the functioning of the private sector of the capitalist economy, especially its monopolized industries. No less significant is the conclusion of the American radical theorist that all these efforts of the bourgeois state ultimately does not work as expected - they are only for a certain period of time to facilitate the smooth operations of economic and political mechanism, but generally only reinforces the tendency towards economic and social crisis.
As the costs of production have monopolies, says O'Connor, more and more "socialized" that is borne by the whole society, and the "economic surplus" is almost entirely appropriated by the owners of capital, then the so-called "structural gap". Its appearance is the result of the fact that government spending is growing faster than the capacity of financing. Translated into Marxist language, this means that more and more growing public nature of modern capitalist production comes into conflict with the private capitalist appropriation of the results. Much attention is paid radical critique of U. S. imperialist expansion in different regions of the planet.
The main role (or one of the major) in the absorption of the "economic surplus" they give to export the state capital. More convenient for them to submit the export as a means of combating the state with the "over-accumulation of excess.
" Megdof (whose views, however, are often at odds with the views of P. Baran, Sweezy P. and J. O'Connor) rightly drawn attention to the political aspect of the export of the state capital. Megdof indicates, however, that this is not intended removal of the military-only, but the economic objectives. "Just because - he says sarcastically - that the struggle against communism helps in the pursuit of profit, the profit motive helps in the fight against communism. Can you imagine a more perfect harmony of interests?
" Execution of the first function is to... Execution of the first function is to provide a high rate and mass of profit for the corporation. Without legitimization for (Latin legitimus - legitimate) - recognition or confirmation of the legality of any right, power of the state, according to O'Connor, corporations themselves getting high profits in today's production can not. Therefore, the government is investing in various sectors of industry and science so-called "social capital" and thus "bear the expenses that are required for profitable private accumulation of capital." "Social capital" or "social investment" - is the enormous costs of the state, whose purpose - to improve productivity in one or a number of industries to ensure corporations huge profits by reducing production costs.
Using a second function, the state produces, according to O'Connor, the "social costs" - pays unemployment benefits, gives a measly handouts to the poor, the poor, and in some countries to make contributions to union funds sickness insurance, old-age and disability. In this way, says radical leftist theorist, bourgeois state is trying to ensure social stability, reduce mood of hopelessness and despair in the disadvantaged sections of the population.
J. O'Connor as a whole gives a negative assessment of the role of the bourgeois state in the conditions of modern capitalism. Fulfilling the will of the financial oligarchy, the state authorities are trying to ensure the normal functioning of the mechanism of the capitalist economy, and its normal operation is not possible if large businesses are not provided with a 'normal' height and weight gains. State aid monopolies multifaceted and diverse - from generous subsidies (of course, at the expense of the ordinary taxpayer) to a free issue of patents on the technology of production of new types of products (not available to small and medium businesses), the development of which cost the state hundreds of millions of dollars. The state provides to its "domestic" corporations are countless financial and tax incentives in order to ensure their success in the competition with foreign monopolies in the international market.
In general, the radical left is occupied... In general, left-wing radicals occupy the position of the critics of capitalism. They expose the parasitism and decay of imperialism, and especially U. S.. Their criticism encompasses the economic, social and political life of capitalist society, including its ideology and science.
The Soviet scientist and economist A. Mileikovsky rightly pointed out that the radicals' criticism of the whole system of U. S. imperialism. Radical political economy seeks to find out which way the United States, using his position as a leader of the world capitalist system is commercialized, what are the sources of income of certain groups, and the class structure of American society, which generates both poverty and wealth, privilege and oppression. " Dzhentis, R. Trek, J. O'Connor, and other radical theorists have expressed the belief that all negative, parasitic features of modern American society is "an integrated component of the mechanism of action of capitalist institutions," they can not be eliminated except by "change mode of production, "the overthrow of the mode of production corresponding to this state and political system.
Economic and social policy of the bourgeois state remains the focus of leftist criticism. Its representatives rightly argue that the bourgeois state - an obedient tool of the monopolies. Investigation of its role in the U. S. as a faithful servant of pain * - that business dedicated his book J. O'Connor ("the Corporation and the State").
He comes to the conclusion that the state under capitalism now seeks to fulfill two functions: first, the function of capitalist accumulation, maintaining stable economic growth, in - the second, the function of "legitimation." Under it he means giving the capitalist system "legal" nature, that is, creating the illusion of "fairness" of the system for all its members.
How does the bourgeois state performs these functions?