Explain the contradiction of capital in the most precise detail possible and the importance of sublation in Marxist dialectics.
That's worth one complete volume of Marx, plus two published versions of notes (ie.,
Capital, Volumes 1 through 3) and a fourth publication of Marx' notes (the
Grundrisse). But I will try to be precise and succinct.
But I warn you, I am not an economist, and what I did learn about economics in college was taught to me by a self-professed anarchist. In fact, Stalin says it best, imho, in his lecture "The Historic Roots of Leninism":
The first contradiction [of Capital] is the contradiction between labour and capital. Imperialism is the omnipotence of the monopolist trusts and syndicates, of the banks and the financial oligarchy, in the industrial countries. In the fight against this omnipotence, the customary methods of the working class-trade unions and cooperatives, parliamentary parties and the parliamentary struggle-have proved to be totally inadequate. Either place yourself at the mercy of capital, eke out a wretched existence as of old and sink lower and lower, or adopt a new weapon-this is the alternative imperialism puts before the vast masses of the proletariat. Imperialism brings the working class to revolution.
In today's world, the Bernsteinian notion that because of universal suffrage working people can pressure bourgeois politicians is a current strategy of US Labour unions: the AFL-CIO endorsed Reagan in 1980, and he screwed labour (first by firing the air traffic controllers, then by enjoining the Teamsters, etc.); the AFL-CIO backed Clinton and he screwed them with NAFTA and repealing Glass-Steagall.
As for trade union tactics, the strike waves fo 1934 scared capital and they "permitted" about 20% of the workforce to form unions with dubious government "protections" at the expense of farm labour, domestic workers and independent contractors NOT being protected. In 1947, after a massive 1946 year of strikes, they passed the Taft-Hartley amendment which outlawed every successful tactic labour ever used in the US to win: all except the walk-out.
As for legislation and elections as a means of change: well, nuff said. There are 1500 laws on the books protecting farm workers in the US, and farm workers still have a life expectacy of 41 years.
The second contradiction is the contradiction among the various financial groups and imperialist Powers in their struggle for sources of raw materials, for foreign territory. Imperialism is the export of capital to the sources of raw materials, the frenzied struggle for monopolist possession of these sources, the struggle for a re-division of the already divided world, a struggle waged with particular fury by new financial groups and Powers seeking a "place in the sun" against the old groups and Powers, which cling tenaciously to what they have seized. This frenzied struggle among the various groups of capitalists is notable in that it includes as an inevitable element imperialist wars, wars for the annexation of foreign territory. This circumstance, in its turn, is notable in that it leads to the mutual weakening of the imperialists, to the weakening of the position of capitalism in general, to the acceleration of the advent of the proletarian revolution and to the practical necessity of this revolution.
Speaks for itself. When the banks needed a bailout, congress signed over $700 billion in 72 hours. When the auto industry needed a bailout, they had to jump through hoops, come up with a business plan, yada yada yada. For a fraction of that amount.
Look at the current conflict between US/EU and Russia over Ukraine: the bourgeoisie have divided areas of self-interest.
The third contradiction is the contradiction between the handful of ruling, "civilised" nations and the hundreds of millions of the colonial and dependent peoples
of the world. Imperialism is the most barefaced exploitation and the most inhumane oppression of hundreds of millions of people inhabiting vast colonies and dependent countries. The purpose of this exploitation and of this oppression is to squeeze out super-profits. But in exploiting these countries imperialism is compelled to build these railways, factories and mills, industrial and commercial centers. The appearance of a class of proletarians, the emergence of a native intelligentsia, the awakening of national consciousness, the growth of the liberation movement-such are the inevitable results of this "policy." The growth of the revolutionary movement in all colonies and dependent countries without exception clearly testifies to this fact. This circumstance is of importance for the proletariat inasmuch as it saps radically the position of capitalism by converting the colonies and dependent countries from reserves of imperialism into reserves of the proletarian revolution.
While the US was dicking around with the "War on Terror" in Central Asia, Venezuela elected a socialist government and grew in influence; Ecuador, Bolivia, Argentina, Brazil, Nicaragua, Paraguay (until he was deposed), Uruguay and Chile elected left-leaning governments who installed socialist programs and more popular democratic systems of government. Mass movements like Tunisia, or the Egyptian revolution (which started over food and water rights, NOT as an effing Twitter Flash Mob like the Mainstream media would have you believe) are examples of the popular movements spreading to other continents -- but they are still there. There are CPs in 177 nations, at least (including Russia, where the Russian CP is the #1 opposition party to Putin), and while they are not all in power, in certain instances, such as Nepal, they become hegemonic enough to BE the government.
The weak link is here in the US, where Labour is against the ropes, but also the Bourgeoisie are still fighting each other over the spoils while capital concentrates into fewer hands.
Now, the importance of sublation (I actually refer to it as
aufheben because it describes it succinctly -- the lifting up and canceling out.
Dialectical and Historical Materialism is drawn from the real and rational kernels of Hegelian dialectics, which contains three elements:
1. Unity of Opposites
2. Law of Transformation
3. Negation of the negation.
Now, we can best and most simply describe this by describing boiling water in an open pot. Water "exists" in a liquid state at room temperature (but, alas, is always evaporating and condensing, hence, as a liquid and a gas simultaneously). That is the unity of opposites. Heat, then, is added, which then MOVES the water to begin a process of transferring some molecules to steam. This does not happen all at once, the changes are minute until you see the entire pot come to a rollin boil -- Law of Transformation... minute quantitative changes caused by exterior force leads to a qualitative visible change, first to a rolling boil and then, eventually, into steam and then the elements of the category "water" are replaced with elements of the category "steam." Negation of the negation.
Well, what about history?
Taking the first contradiction of capitalism: if you accept that all history is the history of class struggle, then this is "academic:" a no-brainer. Labor and capital contest each other for power. How do we know the outcome? Simple:
The modes of production have removed the owners of the means of production completely from production. "Bob's Discount Furniture" Chain is owned by Bain Capital -- a private equity firm. Safeway, Inc, a grocery store chain, is being bought by Cerebus, another private equity firm. United Technologies is owned by the Carlyle Group... etc. So, we are in a position where the production is removed completely from the owners. Labor does not need them.
It will not happen by itself, but at some point, the minute quantitative changes in the organization of workers and their historic allies against our common enemy will become visible, qualitatitive changes... i.e., the workers will be the ruling class.
I hope this explains it.