Surlethe wrote: ↑2019-11-12 10:18amYes, but what
is conservatism? I want to understand how you're defining the term.
The political expression of self-identified conservative interests in a society and nothing more.
What is the "narrowly historical-political sense" of the word, and what are the sociological and economic definitions you're contrasting with?
Nothing more than the obvious expression of self-identified conservative political interests in a society - conservatism as it defines itself on the superficial political level of society.
I am contending that these will always build on the history of self-identified social democratic or left-liberal political interests in a society, just as Reagan invoked the holy name of FDR or Thatcher regularly referred to Clement Atlee positively, as an institution builder. An elected conservative leader will always draw on the legacy of a perceived left-wing predecessor to justify himself - e.g. Trump invoking John Kennedy's tax cuts.
None of this is hard to parse.
Also, how are you defining "Capital"? The definition I'm familiar with is the standard one from economics: "goods that are used in production." It sounds like you're imbuing it with a political meaning, which I guess from context is common among communists?
Capital is the process animating production in capitalist society.
From
Capital I§3, "The Production Of Absolute Surplus-Value":
By the purchase of labour-power, the capitalist incorporates labour, as a living ferment, with the lifeless constituents of the product. From his point of view, the labour-process is nothing more than the consumption of the commodity purchased, i. e., of labour-power; but this consumption cannot be effected except by supplying the labour-power with the means of production. The labour-process is a process between things that the capitalist has purchased, things that have become his property. The product of this process belongs, therefore, to him, just as much as does the wine which is the product of a process of fermentation completed in his cellar.
Marx does not conceptualize capitalism as a voluntaryist product of the individual will of any particular capitalist, or even of a group of capitalists. Engels acknowledged this in a letter to August Bebel of October 1882: "we (Marx and Engels) only regarded the
bourgeoisie as a class and hardly ever involved ourselves in conflicts with individual
bourgeois". This is in sharp contradistinction to populist movements of both the political Right and Left, who focus on the individual actions of individual actors - whether the Koch Brothers or George Soros or Jeffrey Epstein - as explaining events which occur within the context of modern capitalist society.
It follows that the exact composition of the capitalist class
changes with each rearrangement of the productive process. As Engels writes in
Socialism: Utopian & Scientific:
If the crises demonstrate the incapacity of the bourgeoisie for managing any longer modern productive forces, the transformation of the great establishments for production and distribution into joint-stock companies, trusts, and State property, show how unnecessary the bourgeoisie are for that purpose. All the social functions of the capitalist has no further social function than that of pocketing dividends, tearing off coupons, and gambling on the Stock Exchange, where the different capitalists despoil one another of their capital. At first, the capitalistic mode of production forces out the workers. Now, it forces out the capitalists and reduces them, just as it reduced the workers, to the ranks of the surplus-population, although not immediately into those of the industrial reserve army.
This realization is unique to Marxism: precisely that the function and role of the
capitalists themselves is determined by the organization of production. This leads e.g. Amadeo Bordiga to write of Soviet "State capitalism" that
Capital is only concentrated in the state for the convenience of surplus-value and profit manoeuvring. It remains “available to all” or available to the components of the entrepreneurial class — no longer simply production entrepreneurs, but openly business entrepreneurs — they no longer produce commodities, but, Marx has already said, they produce surplus value.
The capitalist as person no longer serves in this — capital lives without him but with its same function multiplied 100 fold. The human subject has become useless. A class without members to compose it? The state not at the service of a social group, but an impalpable force, the work of the Holy Ghost or of the Devil? Here is Sir Charles’s irony.
Thus worker's co-operatives etc., which have no real singular capitalist controlling interests, are thus no less capitalist than the most vertically-integrated businesses, because they remain organized on capitalist grounds - those of generalized commodity production for exchange.
This is also true of trust funds etc., where the role of the individual capitalist disappears behind a web of interests.