Why is it that just 1p of a £2.50 cup of coffee goes to the farmer who cultivated and harvested the coffee beans?
Subjects Archives: Political Economy
Global Britain’s real climate changers: Big Oil must be taken down
There is no global social unity in the face of climate disaster. Yet we need a genuinely internationalist rebellion against the corporations at the extractive imperialist heart of British capitalism. Their extinction as a species is required to save the planet.
De-dollarizing the American financial empire
Imperialism is getting something for nothing. It is a strategy to obtain other countries’ surplus without playing a productive role, but by creating an extractive rentier system. An imperialist power obliges other countries to pay tribute.
Trump murdered the Iran Deal—and Europe isn’t too happy about it
During the July 14, 2019 meeting between France, Germany, and the UK to discuss their response to the U.S. withdrawal from the Iran Nuclear Deal, President Hassan Rouhani remarked that Iran is “always ready for negotiation.” Iran, he said, urges the U.S. to “abandon bullying.”
Redwashing capital
Left tech bros are honing Marx into a capitalist tool
For the reasons that follow, that Country is currently not likely to be the United States
The largest delegation from outside Russia at the St. Petersburg International Economic Forum in early June came from China.
Making capitalism history
To perish or to radically transform the way we relate to one another and to nature, that is the question humanity has never had to face until now.
The city vs. Big Tech
The battle against Big Tech has now decisively emerged as a new front in the fight for the right to the city
A new theory of strikes for a new labour movement
Links International Journal of Socialist Renewal reposted from Progress in Political Economy — The idea of mass strikes within the Marxist tradition has been most powerful against capitalism. With the idea of strikes, Marx wants to bring about an epistemological change in the working class, “so they would know that they are, together, ‘the agent of production’, and that […]
Why Trump caved to China and Huawei
Everything about the trade war between the United States and China is bewildering. Truces would come out of nowhere but then they would be set aside by U.S. President Donald Trump in a stream of tweets at odd hours. Regardless, Huawei and China are unlikely to blink. They have the upper hand.
Growing old in America: Baby Boomer nightmare
Despite its reputation as the wealthiest generation, baby boomers (generally considered to be those born between 1946 and 1964) are facing a retirement nightmare.
The debate over inequality
The debate over inequality has become hotter world-wide. While Trump had introduced substantial tax cuts for the rich in 2017, and Britain’s Boris Johnson, the front-runner to succeed Teresa May, has promised to do the same if he becomes Prime Minister, there are strong proposals for taxing the rich which have also been mooted. Bernie […]
Freedom and slavery: the birth of capital
We are frequently told that capitalism equals ‘freedom’; that it is the organic product of ‘human nature’. But far from arising naturally, the birth of the ‘free’ market is built on violence, dispossession, and enslavement.
How working-class movements are moving beyond the confines of capitalism
The context for organizing today that faces working people across the world is one that must grapple with the challenges posed by a decentralized production process and a well-organized ruling class.
Dossier 18: The only answer is to mobilise the workers
Tricontinental: Institute for Social Research launches its eighteenth dossier, “The Only Answer Is to Mobilize the Workers.” The challenges facing Indian workers and their strategies to fight back are explained through the insights and expertise of K. Hemalata, president of the Center of Indian Trade Unions (CITU).
