Suchergebnisse

Introduction. A theory of time and space ; From socialists to localists -- Daily life in the West. Deregulation and the theft of time ; Human health, human stress ; Traveling farther, migrating more ; Working longer, working harder ; Unemployment and rising living costs, lack of time, indebtedness ; Breakdown of communities, growing personal isolation and depression ; Bodily consequences ; Reproduction as a generational factor -- The war on the atmosphere. The pollution of air ; Electricity ; Transportation ; International trade ; The failure of a global trade agreement: policy and protest -- The war on the land, sea and other conditions of life. Tolerable temperature and stable climate ; Protection from ultraviolet (UV) radiation ; Safe water ; Adequate food ; Food and genetic engineering ; Speeding up food supplies -- and slowing them down -- Health cuts and corporate wealth. Health ; Aging, pensions and sick pay -- Education and the cost of children. Welfare reform ; Education ; Conclusion -- The third way and the feminization of poverty. Third way formation ; Deregulation and social policy ; Deregulation and labor mobility in historical context ; The third-way conquest of time and space -- The source of profit. The labor theory of value ; Profit in Marx ; Revising Marx ; The negative energy capability of substances ; The two axes of profit and production -- Price, inflation and energy. Speculations on price ; Inflation and a new periodization of the stages of capitalism ; Periodization ; Immiseration -- The prime directive. Gandhi and the advocacy of localism ; The real third way and prime directive ; Religious and reasoned judgment ; The prime directive ; The nostalgia issue and the political standing of the directive ; The prime directive in practice

Clinton and Blair have extolled a Third Way policy which is supposed to go beyond the policies of the present world where the `First Way' (capitalism) rules and the Second (socialism) failed. Clinton's Third Way ennumerated positive changes in theory, such as universal health care, equity in the tax code, national education standards and preschool. But in practice, the third way has only resulted in `welfare reform' and a free-trade pact with Mexico and Canada. Blair's policies for the UK mirrored those of the US, and other countries are now talking of the Third Way as a progressive advance. In fact the so-called Third Way, as presently conceived, serves the ends of multinational capital. I show this by reworking Marx's labour theory of value. This article explains the tension between the speed of production and the way that the reproduction of natural resources, including labour-power, cannot keep pace with that speed. Capital does not want to wait for natural resources and labour-power to regenerate, and therefore finds them by going further afield. Hence the endorsement of free trade pacts and globalization by the Third Way, and proposed multilateral agreements (such as the multilateral agreement on investment, or MAI). Under the Third Way, space for the expansion of corporations is doing well, while time for the generational reproduction of people is faring badly with legislation restricting welfare and other social provisions. I conclude that a real Third Way would have to be based on small business, and allow for the reproduction time of natural resources and labour-power.