As May winds down, the Gaza genocide continues, as do negotiations to end the Russo-Ukraine war, with no clear end in sight as of this writing. The Republican House of Representatives passed a bill now being considered by the Senate aimed at big cuts in government-supported Medicaid and possible cuts in Medicare and Social Security. The bill also features making earlier Trump-Republican tax cuts permanent, as well as adding more.
Liberals and progressives claim Republicans want to cut Medicaid to finance the tax cuts (capitalists don’t like to pay taxes) — but this is not their main motive.
Cutting Medicaid forces more of the poor onto the labor market by making them financially desperate to find a job or go without medical insurance. Nothing is being done to make more jobs available, nor are there plans to force bosses to provide medical insurance or wages sufficient to afford private insurance. They are intended to force people to work for wages that do not even pay the value of their labor power.
Was “money” in the Soviet Union from 1930 to 1953 not real “money” in the sense of commodity money, and thus not vulnerable to overproduction? In Economic Problems of Socialism, Stalin stated that commodity production still existed because cooperatives exchanged their products as commodities, but he claimed there was no “money economy” in the Soviet Union. So, how did cooperatives determine the prices of their products if there was no commodity money? what about Cuba and North Korea? do the Law of Value still exists there?
Is there an economic motive to Trump’s (and that of the section of the bourgeoisie he represents) hostility towards immigrants to the US and their labor within the US economy? All the administrations before him aspired to keep immigrants in a precarious position so as to be exploited as thoroughly as possible by American corporations, and indeed, this has been a highly profitable arrangement for them. Now Trump ostensibly wants to deport many of them, despite their obvious benefits to US capitalism. Moreover, because immigrants could not organize as easily as other sections of the working class, this profitable relationship seemed secure in the long term. So, why would Trump want to throw all this away, especially when, as you noted, their role would become even more essential if Trump were to pursue his re-industrialization dream in earnest? It’s hard to imagine that even Trump and his far right think tanks could be so short sighted and irrational with respect to their own interests. The only idea I’ve had so far is that Trump intends for American capitalism to exploit these same workers even more brutally from afar in their homelands across national boundaries i.e. to revitalize US imperialism in the Latin American region.