Out of the cauldron: lessons from Cedric Robinson

This is an abbreviated account of the UK webinar launch in October 2021 of the biography, Cedric Robinson: the time of the Black Radical Tradition, written by Joshua Myers. Moderated by James Pope, panellists, including Myers, Colin Prescod, John Narayan, Avery Gordon and Elizabeth Robinson present their takes on Robinson in relation to the UK and especially his relationship with the Institute of Race Relations and the journal Race & Class. They discuss key aspects of Robinson’s work, including the meaning of racial capitalism, his understanding of time, and how for him historical materialism was grounded, not in the mode of production but in the primacy of social struggle and in a dialectic of power and resistance to its abuses.

Market Socialism: The Impossible Socialism

The idea of combining some form of social equality with markets goes back to the very origins of socialist tradition and also underlies most of the proposals currently being presented as “alternatives” to the capitalist social order. However, taking as its axis the organic relationship between commodity circulation and capital, as revealed by Marx, it is possible to offer a critique of market socialism (choosing David Schweickart's version of Economic Democracy as a generic textual reference) to demonstrate its inconsistency as a project for social emancipation alternative to the capitalist mode of production. And this for reasons of: i) economy: due to market inefficiency in allocation, and its tendency toward social polarization; ii) politics: because markets prevent citizen self-government and block the free development of human capacities; and iii) ecology: the market is incompatible with a social metabolism that is sustainable with nature. The conclusion is that a market-based production structure is incompatible with the conscious, rational, and democratic regulation of the economy.