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Black Socialists of America
@BlackSocialists
, 6 tweets, 5 min read Read on Twitter
If you’ve been listening to Venezuelan comrades (ex: @GonzaloAporrea, @veroconplatanos, or @miigueeh18), you know both can be true:

1) Venezuelan comrades want radical change that doesn’t involve Maduro.

2) U.S. interference in Venezuelan affairs should be huge cause for alarm.
If you’re a gringo Leftist, you should consider checking all of this out before commenting:

• translate.google.com/translate?sl=a… (via @aporrea)

• translate.google.com/translate?sl=a… (via @aporrea)

• (via @veroconplatanos)

• (via @miigueeh18)
Here are some other great threads on this matter from non-Venezuelan folks:

• (via @athenogenes)

• (via @SocialistViews)

Things are moving quickly, and it seems as though there will be no true democratic process anytime soon.
We must stay in tune with the poor and working class people of Venezuela, not just in terms of the material conditions that surround them, but in terms of their views/positions as well.

We must also keep a vigilant eye on the U.S. government in a commitment to anti-imperialism.
Just as we’ve done with our Kurdish comrades, we’d like to share our platform with any Venezuelan comrades who want to be heard in this moment.

We do not endorse more gringos speaking over you, trying to tell the world what is best for your country.

#SelfDetermination
This just in (English translation of the article shared in the tweet below):

socialistworld.net/index.php/inte…

A brilliant summary of recent events in Venezuela (written by Venezuelans over @socialist_world), and a proposed way forward.

PLEASE READ IT.

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Black Socialists of America
@BlackSocialists
There is a certain type of contrarian we can no longer accept in this struggle.

It is the contrarian who opposes popular currents amongst the Left BECAUSE they are popular, and NOT because of any rational position.

This toxic egotism hurts efforts to build class consciousness.
We see this most frequently amongst Leftists who adhere to a false dichotomy of “reform vs. revolution” where any type of reform supported by folks like Bernie or AOC is dismissed as an attempt to reform Capitalism, as opposed to something that could strengthen the working class.
BSA is moving under a “prepare for the worst” philosophy.

We are not banking on policy changes that will boost our cause.

That said, there are clearly representatives in government who wish to aid our anticapitalist efforts, despite their rhetoric not reflecting this to some.
Read 6 tweets
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Black Socialists of America
@BlackSocialists
We know @AOC has been speaking with @StephanieKelton and other #MMT folks.

She’s been doing a GREAT job handling the “how are we gonna pay for it?” questions, but here are key points to remember:

• Gold standard ended in 1971.

• We have a fiat currency.

• Money is credit.
Our “tax dollars” don’t actually “pay for” things.

The Federal Reserve actually makes all of the Treasury payments, and it has been this way since 1913.

It gets more complicated than this, but:

1) Treasury has Fed CREDIT bank reserves.

2) Banks credit accounts (DIGITALLY).
The Treasury spends by having the central bank credit bank reserves.

The Treasury receives tax payments by debiting bank reserves.

This is pretty much (systematically) like burning paper notes.

We have special banks now (like dealer banks, for example), but that’s the gist.
Read 5 tweets
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Black Socialists of America
@BlackSocialists
Since our start on social media, we’ve tried time & time again to explain what State Capitalism is & how it differs from Socialism/Communism.

Our good comrade @profwolff recently explained this concept in the quickest & most straightforward way some of us have ever seen.

(1/3)
“Most of the United States is private capitalist. China is different in the sense that the dominant part of the economy is still state capitalist – was even more so after 1949 until 10, 15 years ago – but it is a mixture [of state & private capitalism].”

(2/3)
“The REAL question for a SOCIALIST is whether the workers THEMSELVES become THEIR OWN employers.

[The workplace] ... that place has to be TRANSFORMED.

It has to stop being a hierarchy where a few people – mostly who are NOT workers themselves – make ALL the decisions.”

(3/3)
Read 4 tweets

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May I give you and other intrepid reporters a tip?
Go to SCROLL and use the Index #s for two of Trump’s current cases..
Zervos
NY AG
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THREAD: there is no one way to be a writer, no one way to tell a story, no one way to do this thing we do as a hobby or as a job or as an art form. Some write a little every day, in an office; some write a lot at one time at varying, sporadic points. It's all okay.
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