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Michael Parenti

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Russia became a juicy chunk of the Third World, with immense reserves of cheap labor, a vast treasure of natural resources, and industrial assets to be sold off at giveaway prices.
--
2 MEDIA AND CULTURE, Yeltsin's Coup And The Medias Alchemy, p. 140

 
Michael Parenti

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No amount of force will break an egg-shell if exerted on one side alone. So capital could not squeeze labor as long as labor was free to natural opportunities, and in a world where these natural materials and opportunities were as free to all as is the air to us, there could be no difficulty in finding employment, no willing hands conjoined with hungry stomachs, no tendency of wages toward the minimum on which the worker could barely live. In such a world we would no more think of thanking anybody for furnishing us employment than we here think of thanking anybody for furnishing us with appetites.
That the Creator might have put us in the kind of world I have sought to imagine, as readily as in this kind of a world, I have no doubt. Why he has not done so may, however, I think, be seen. That kind of a world would be best for fools. This is the best for men who will use the intelligence with which they have been gifted. Of this, however, I shall speak hereafter. What I am now trying to do by asking my readers to endeavor to imagine a world in which natural opportunities were "as free as air," is to show that the barrier which prevents labor from freely using land is the nether millstone against which labor is ground, the true cause of the difficulties which are apparent through the whole industrial organization.

 
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After World War II, we hoped the world might be united for the sake of peacemaking. Now the world is being "globalized" for the sake of trade and the so-called free market — for the sake, that is, of plundering the world for cheap labor, cheap energy, and cheap materials. How nations, let alone regions and communities, are to shape and protect themselves within this "global economy" is far from clear.

 
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The nation behaves well if it treats the natural resources as assets which it must turn over to the next generation increased, and not impaired, in value.

 
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Cheap grace is the deadly enemy of our Church. We are fighting to-day for costly grace. Cheap grace means grace sold on the market like cheapjacks’ wares. The sacraments, the forgiveness of sin, and the consolations of religion are thrown away at cut prices. Grace is represented as the Church’s inexhaustible treasury, from which she showers blessings with generous hands, without asking questions or fixing limits. Grace without price; grace without cost! The essence of grace, we suppose, is that the account has been paid in advance; and, because it has been paid, everything can be had for nothing. Since the cost was infinite, the possibilities of using and spending it are infinite. What would grace be if it were not cheap?

 
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I've always doubted that the socialists had a leg to stand on intellectually. They have improved their argument somehow, but once you begin to understand that prices are an instrument of communication and guidance which embody more information than we directly have, the whole idea that you can bring about the same order based on the division of labor by simple direction falls to the ground. Similarly, the idea [that] you can arrange for distributions of incomes which correspond to some conception of merit or need. If you need prices, including the prices of labor, to direct people to go where they are needed, you cannot have another distribution except the one from the market principle. I think that intellectually there is just nothing left of socialism.

 
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