PAX SILICA: The New Ruling Class

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“William I. Robinson delivers another tour de force in locating the AI revolution in the context of the epochal crisis of capitalism. A new ruling class based on AI capital promotes endless wars and is an existential threat to humanity. It must be dethroned and AI technology brought under the control of working people.”  MICHAEL ROBERTS, Economist and Author 

“As usual, William I. Robinson is at the frontier of deciphering the latest developments in the political economy of global capitalism.  In his latest work, he shows that capital has not been able to escape the crisis of overaccumulation and the consequent fall in the rate of profit.  In their effort to overcome this contradiction at the heart of capital, the titans of the techno-financial complex —Silicon Valley and its Wall Street backers—have deployed the latest cutting-edge technology, Artificial Intelligence, and allied themselves with a fascist political elite to clear away mass obstacles to intensified exploitation domestically and spearhead a new worldwide wave of capitalist expansion.  At the heart of this deadly alliance are AI firms like Palantir, which receive billions of dollars in Pentagon funding to develop systems of mass surveillance and mass extermination. But Robinson shows that what his calls “Global Trumpism” is not guaranteed success in the face of growing mass resistance both in the US and globally.” WALDEN BELLO, author of Global Battlefields: Memoir of a Legendary Public Intellectual from the Global South

“This extraordinary and most disturbing book illuminates as no other the menacing depths of this techno-driven global crisis that is demonizing the repressive politics of the ruling class while threatening the mass of humanity with a catastrophic future. Fascinating and indispensable reading based on a trustworthy blend of a Marxist conceptual framework with a richly informed grasp of empirical reality.” RICHARD FALK, Princeton Emeritus, former UN Special Rapporteur

        

Description

Pax Silica: The New Ruling Class explores the emergence of a new global order in which power is increasingly concentrated in the hands of a techno-capitalist elite. Robinson traces the rise of a “new capital complex” that brings big tech together with global finance and the military-industrial-repression complex. The chaos that now engulfs the world is driven by the predatory strategies of this complex as it seeks to seize markets, land, and resources needed for the AI revolution.

In order to advance its interests, the complex is moving into alignment with authoritarian, dictatorial and fascist states as the tech and financial billionaires become global geopolitical actors. They are deeply invested in transnational systems of warfare, social control, repression and surveillance that are digitalized, automated, and embedded in the global economy and society.

The new ruling class has concluded that the crisis of global capitalism can only be overcome by violently cracking open new spaces for accumulation, by transferring the cost of the crisis to the working classes, and by aligning states and political systems worldwide with its agenda. The consolidation of Pax Silica, Robinson argues, thus hinges on the ideological extremism and political warlordism of “Global Trumpism” and other ruling class mafias as the post-World War II international order crumbles and as geopolitical confrontation escalates. In this way, the economic totalitarianism that has come about over the past half century of neoliberalism and acute inequality is now translating into a political totalitarianism of a new type as the Pax Silica complex sets out to convert the chaos into new strategies for the accumulation of capital and power.

Yet the fascist state remains embryonic. The ruling class is not omnipotent. Robinson sees great hope in the mass resistance movements and youth-led revolts that are proliferating around the world. These popular forces from below offer an alternative future, one based not on the domination of capital but on the needs of toiling majorities and the empowerment of working-class communities. If Pax Silica offers an urgent warning about a possible tragic future, it also provides a critical framework for understanding the global maelstrom and what it means for popular resistance and emancipatory struggles.

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William I. Robinson

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