
The Paris Commune of 1871, banks and debt
by Eric Toussaint
On the occasion of the 150th anniversary of the extraordinary experience of the Paris Commune, it is fundamental to draw a number of lessons from it. The measures a government takes regarding its Central Bank, the debts of working class people, public debt and private banks are decisive. If a popular government does not implement radical financial measures, it will be responsible for ending in failure, with possibly tragic consequences for the population. The Commune, an extraordinary and dramatic experiment, exemplifies this, and must thus be analyzed from this point of view.



Ever since November 7, when the election was more or less authoritatively “called” by all major media, a wide range of pundits have spoken as if the election was decided. Some of these pundits have explained away Trump’s consistent and angry refusal of the results as a sign of his narcissism and immaturity; some have focused on the ineptitude of the Rudy Giuliani/Jenna Ellis legal team; and some have focused on the important fact that so many judges and state election officials, even Republican ones, have refused to comply with Trump’s efforts to subvert the election. Most recently, attention has focused on the December 8 “Safe Harbor” date prescribed by federal law. The point: the results have now been certified, and Biden obviously must be selected next week by the Electoral College, and Trump’s latest efforts are beside the point.


La préoccupation de l'environnement apparaît avec force dans les écrits de Mandel seulement à partir des années 1970. Elle ne figure pratiquement pas, par exemple, dans le Traité d'économie marxiste (1962). Il est vrai qu’on trouve déjà, dans cet ouvrage inaugural , l’idée d’un "arrêt de la croissance" dans le socialisme : " Lorsque la société disposera d’un parc de machines automatiques suffisamment ample pour couvrir tous ses besoins courants (…) il est probable que la croissance économique sera ralentie ou même momentanément arrêtée. L’homme complètement libre de tout souci matériel, économique, sera né. " (1)
Here we go again. Another black person killed by the US police. Another wave of multiracial resistance. Another cycle of race talk on the corporate media. Another display of diversity with neoliberal leaders, and another white backlash soon to come. Yet this time might be a turning point.
We are publishing this text from the SUD Santé Sociaux federation, because it reflects the reality encountered by staff in this sector in our different countries.
The coronavirus pandemic is a serious public health problem and the human suffering caused by the spread of this virus will be enormous. If it massively affects countries of the Global South with very fragile public health systems that have been undermined by 40 years of neo-liberal policies, the death toll will be very high. We must not forget the critical situation of the Iranian population, victim of the blockade imposed by Washington, a blockade that includes medicines and medical equipment.
I. The ecological crisis is already the most important social and political question of the 21st century, and will become even more so in the coming months and years. The future of the planet, and thus of humanity, will be determined in the coming decades. Calculations by certain scientists as to scenarios for the year 2100 aren’t very useful for two reasons: a) scientific: considering all the retroactive effects impossible to calculate, it is very risky to make projections over a century. B) political: at the end of the century, all of us, our children and grandchildren will be gone, so who cares?
The expression ‘tipping point’ refers to the point when a system passes from one system of equilibrium to another, the point where it is no longer possible to prevent accumulated quantitative changes from causing a qualitative change. It is used in many different fields, from population studies to climate change, as well as social sciences.
