The Marxist argument that it’s the labour of workers, and not the supposed intelligence and entrepreneurial spirit of bosses, that keeps society running, has long been ridiculed by defenders of capitalism. In the conditions created by the COVID-19 pandemic, however, the truth of Marx’s claim has been brought into sharp relief.
However it should not have taken a pandemic to bring rail back into public ownership, trade unionists say.
A man worth over $100 billion, who makes, on average, $230,000 per minute calling on the public to help his own impoverished employees was not met well by many.
Capitalist crises are neither predictable nor do they stem from a single cause. Instead, at least as I see it, the possibility of a crisis is always there but the causes and triggers are all historical and therefore multiple and varied.
When things get dire enough, the working class fights back. In dealing with the outbreak of the coronavirus, people across the United States have organized at their workplaces, and also won major reforms in the housing sector.
Engels was just 24 years old when he wrote the Condition. He had already developed left-wing ideas when he was despatched to England at the end of 1842 to work in the family firm of Ermen and Engels, manufacturers of sewing thread in Manchester.
This month’s Money on the Left episode departs from the show’s regular interview format to reflect on the past, present and future of the Money on the Left project as a whole. We focus, in particular, on a recent special scholarly journal issue dedicated to Money on the Left, which was published by Liminalities: A […]
Elon Musk, the head of Tesla, wants to build an electric car factory in Brazil. He was supposed to meet Jair Bolsonaro, the president of Brazil, in Miami in early March, but he was too busy; instead, Musk will go to Brazil sometime this year.
President Trump is all in, touting his success in rebuilding U.S. manufacturing. For example, in his state of the union address he claimed: We are restoring our nation’s manufacturing might, even though predictions were that this could never be done. After losing 60,000 factories under the previous two administrations, America has now gained 12,000 new […]
Reverend Dr. Delman Coates joins Money on the Left to discuss why the politics of public money creation are essential for social and spiritual liberation. Dr. Coates holds a Master’s in Divinity from Harvard and a Ph.D. in New Testament & Early Christianity from Columbia University. He currently serves as Senior Pastor at Mount Ennon […]
If you want to predict the future, don’t speculate, study the past. In light of the knowledge gleaned, examine the present. The history of the future is planted, not buried, in the here and now.
The protests that started with the national strike called by Colombia’s central union on November 21 to protest pension reforms and the broken promises of the peace accords have persisted for two months and grown into a protest against the whole establishment. And the protests have continued into the new year and show no signs […]
Conservative leader Boris Johnson swept to power in the UK’s December 12 elections, winning 365 of a possible 650 seats. Labour’s socialist leader Jeremy Corbyn announced his resignation, after a bitterly disappointing night for his party.
There are many reasons for those at the top of the U.S. income distribution to celebrate the performance of the U.S. economy and tout the superiority of current U.S. economic and political institutions and policies. Unfortunately, there is a strong connection between the continuing gains for those at the top and the steadily deteriorating employment […]
GAWAIN LITTLE looks in detail at the different aspects of Labour’s election defeat.
France’s mass strikes have mobilized millions, persisting into a sixth day, in an attempt to forestall severe cuts to the social gains of the working class.
For the past 30 years, no matter which party has been in power, the U.S. economy has produced more and more “bad” jobs–because the Race to the Bottom is ruling class policy.
The Washington Post (11/21/19) gave readers the official story about NAFTA, diverging seriously from reality, in a piece on the status of negotiations on the new NAFTA.
Those living in the U.S. are encouraged to think that they live in the best country in the world with little to learn from the experiences of working people in other countries. This sense is reinforced by the fact that the mainstream media generally discusses U.S. problems without reference to developments or trends in other […]
What is needed is a program directed toward an intermediate goal which both rejects the existing social order and at the same time is attainable without overthrowing it. —Leo Huberman and Paul M. Sweezy
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