Nowadays capitalism evolves in the middle of a deep economic crisis which includes both internal contradictions and an open and somehow new conflict with nature. There is no place for doubt about this. Yet, Marxist theory suggests that there could be more to it than all of that. Developed capitalism of USA, Japan and Europe are displaying a prolonged trend towards economic stagnation, the growing use by capitalists of means of labor exploitation different than relative surplus value, the consolidation of a surplus population, an unlimited concentration of wealth and extension and intensification of poverty, a decadence of political hegemony, etc., all of which account for a distinctive stage of structural decay. This approach provides new insights into the possible forthcoming economic and political events. Decay is also capital’s resilience, resistance and global reorganization with a view to survival. It is the stage where political and military powers take charge of society and decriminalization of torture, secret jails, missing people, extensive surveillance and genocide become ordinary practices. Decay is the desertion of democratic values. It is also a stage when democratic sectors, labor and popular organizations must meet the challenge of beginning the construction of their own possible world.
Víctor Manuel Figueroa Sepúlveda
Unidad de Posgrado en Ciencia Política
Universidad Autónoma de Zacatecas