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Calculating surplus value to facilitate workplace organizing
Using Marx’s critique of political economy, it’s possible for workers employed in a variety of industries to calculate the value of their work and how this value is divided between employer and employee. It becomes possible to calculate the socially necessary labor time and surplus labor time, worker wages and employer profits in their particular workplace.
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Theresa May is playing a reckless game of nuclear roulette
BACK in May 2017, just prior to the British general election, I wrote a piece arguing that a victory for Theresa May would see Britain dragged further towards war with Russia.
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Kim Jong-un restates his commitment to denuclearization. But will U.S. make way?
With the acceptance of Chinese President Xi Jinping’s invitation, North Korean leader Kim Jong-un visited China from the 25th of this month to the 28th, for the first time since assuming office in 2011. Timed just before Kim’s meeting with the South Korean President Moon Jae-in the next month, followed by a summit with U.S President Donald Trump-where the prospects of denuclearization is expected to be discussed-this meeting with Xi Jinping, in which Kim has reaffirmed his commitment to denuclearization, has been seen my observers as a crucial diplomatic development.
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Precarious work and contemporary capitalism
Unions have no choice but to put major resources into confronting the reality of precarious work and organising around whatever can be won in the workplace. Otherwise they will simply wither.
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University strikes: where do we go from here?
On February 22nd the University and College Union (UCU) called for the beginning of a nation wide strike in response to Universities UK’s (UUK) attempt to shift of the Universities Superannuation Scheme from a defined benefit pension to a defined contribution pension.
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Russia suggests UK possessed nerve agent that is “quite artificially” being linked to Moscow
Russian officials are voicing a full-throated dismissal of British accusations that Russia used a nerve agent referred to as “Novichok” in an attack on former Russian spy Sergei Skripal and his daughter Yulia. The Russian Ambassador to the U.K., Alexander Yakovenko, is further charging London with making accusations in poor faith, while raising questions over whether the poison was already in the possession of the British government.
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Who will stop the U.S.-Russia arms race?
President Trump is drawing heat for congratulating Russian President Vladimir Putin on his re-election victory. During a phone call with Putin this week Trump reportedly ignored a written directive from his aides that instructed him, quote, do not congratulate. Speaking to MSNBC, Democratic Sen. Mark Warner echoed the outraged response from Republican Sen. John McCain.
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U.S. trade deficits, Trump trade policies, and capitalist globalization
Understandably concerned about the consequences of the large and sustained U.S. trade deficit, many workers have grown tired of waiting for so-called market forces to produce balance. Thus, they cheer Trump administration promises to correct the imbalance through tariffs or reworked trade agreements that will supposedly end unfair foreign trade practices.
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Google and corporate news giants forge alliance to defeat independent journalism
The “new media” monopolists of Silicon Valley and the once-dominant traditional print media have clearly agreed that the “fake news” frenzy is a convenient pretext to step up their censorship of the internet through new algorithms, allowing them to boost their profit margins and silence opposition through a new framework of “algorithmic censorship.”
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The new CIA director nominee and the massacre at My Lai
Protecting those who commit heinous crimes in the name of the U.S. government provides a dangerous precedent and could lead to the conclusion by many in the military and CIA that they can “get away with murder,” Ann Wright observes.
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Today’s capitalism was born in slavery
By 1830, one million Americans, most of them enslaved, grew cotton. Raw cotton was the most important export of the United States, at the center of America’s financial flows and emerging modern business practices, and at the core of its first modern manufacturing industry.
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Imperialist realities vs. the myths of David Harvey
When David Harvey says “the historical draining of wealth from East to West for more than two centuries has largely been reversed over the last thirty years,” his readers will reasonably assume that he refers to a defining feature of imperialism, namely the plunder of living labour and natural wealth in colonies and semi-colonies by rising capitalist powers in Europe and North America. Indeed, he leaves no doubt about this, since he prefaced these words with reference to “the old categories of imperialism.” But here we encounter the first of his many obfuscations.
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Is another world possible?
On Reality Asserts Itself, Prof. Leo Panitch says it’s a dilemma that the gradualism of European social-democracy and attempts at a more radical transformation have so far both failed; Panitch says a first step towards democratizing the economy is to make finance a public utility – with host Paul Jay
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Nervous about Russia
Two weeks ago in Salisbury, less than 10 kilometres from the UK’s Porton Down chemical weapons establishment, a Russian and his daughter appear to have been poisoned. Sergei Skripal was a former Russian military intelligence officer who acted as a spy for the UK’s MI6.
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The March 2018 Italian elections: suicide of the left, resurgence of fascism, and chaos
The March 2018 Italian elections open a chaotic period the outcome of which remains uncertain. Only a few years ago, the country was among the most “Euro-phile.” Now, the population is “Euro-skeptic” at level of 50% or more.
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French ruling elite brays for war in Syria amid U.S.-UK threats against Russia
As British Prime Minister Theresa May moves to cut off relations with Russia after the mysterious poisoning of former British spy Sergei Skripal, a debate over war policy is erupting in the French ruling elite.
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Imperialism today: a critical assessment of Latin American dependency theory
The main theorist of dependency anticipated trends of neoliberal globalization. He analyzed productive globalization, the centrality of exploitation and the relative weight of surplus value transfers. But the employment crisis exceeds what was envisaged by Marini, in a scenario disrupted by the mutation of the United States, the collapse of the USSR and the rise of China.
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The Skripal poisoning: What lies behind UK-US ultimatums against Russia?
To those who say it is obvious that Russia poisoned Skripal, it is worth recalling the 2001 anthrax attacks in the United States, in which a deadly strain of anthrax was mailed to many U.S. officials in Washington, killing 5 people and infecting 17 more, shortly after the September 11 attacks. There again, media immediately blamed the attacks on obvious targets of U.S.-UK war threats—the Iraqi regime’s weapons of mass destruction (WMD) program and its alleged ties to Al Qaeda. These all proved to be lies, serving Washington’s foreign policy interests as it sought to go to war in Iraq.
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The market can’t solve a massacre
The massacre at Stoneman Douglas High School in Parkland, Florida, one month ago today, left seventeen children and school staff dead. It was the third highest-casualty mass shooting at an educational institution in American history (after Virginia Tech—32 dead—and Sandy Hook—27) and the ninth highest-casualty single-shooter mass shooting in modern American history.
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Washington’s century-long war on Russia
The United States has launched a three-pronged offensive on Russia. First, it’s attacking Russia’s economy via sanctions and oil-price manipulation. Second, it’s increasing the threats to Russia’s national security by arming and training militant proxies in Syria and Ukraine, and by encircling Russia with NATO forces and missile systems.