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The Ascent of a New Power Bloc: Capitalists, Technocrats and Fanatics

By James Petras

May 26 2014 “ICH” –  The sweeping electoral victory of the Bharatiya Janata Party (BJP) in India is the latest expression of the world-wide advance of a new power bloc which promises to impose a New World Order  harnessing ethno-religious fanaticism and narrowly trained technocrats to capitalist absolutism.

The far-right is no longer at the margins of western political discourse.  It is center-stage.  It is no longer dependent on contributions by local militants; it receives financing from the biggest global corporations.  It is no longer dismissed by the mass media.  It receives feature coverage, highlighting its ‘dynamic and transformative’ leadership.

Today capitalists everywhere confront great uncertainty, as markets crash and endemic corruption at the highest levels erode competitive markets.  Throughout the world, large majorities of the labor force question, challenge and resist the massive transfers of public wealth to an ever reduced oligarchy.  Electoral politics no longer define the context for political opposition.

Capitalism, neither in theory nor practice, advances through reason and prosperity.  It relies on executive fiats, media manipulation and arbitrary police state intrusions.  It increasingly relies on death squads dubbed “Special Forces” and a ‘reserve army’ of para-military fanatics.

The new power bloc is the merger of big business, the wealthy professional classes, upwardly mobile, elite trained technocrats and cadres of ethno-religious fanatics who mobilize the masses.

Capitalism and imperialism advances by uprooting millions, destroying local communities and economies, undermining local trade and production, exploiting labor and repressing social solidarity.  Everywhere it erodes community and class solidarity.

Ethno-Religious Fanatics and Elite Technocrats

Today capitalism depends on two seemingly disparate forces.  The irrational appeal of ethno-religious supremacists and narrowly trained elite technocrats to advance the rule of capital.  Ethno-religious fanatics seek to promote bonds between the corporate-warlord elite and the masses, by appealing to their ‘common’ religious ethnic identities.

The technocrats serve the elite by developing the information systems, formulating the images and messages deceiving and manipulating the masses and designing their economic programs.

The political leaders meet with the corporate elite and warlords to set the political-economic agenda, deciding when to rely on the technocrats and when to moderate or unleash the ethno-religious fanatics.

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via Capitalists, Technocrats and Fanatics:  The Ascent of a New Power Bloc.