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Capitalism Explained, Socialism

Marx and the Abolition of the Wages System

At any time in the history of capitalism there have been lots of people and organisations occupied in trying to...

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Capitalism Explained

Capitalism: A Force for Good or for Evil?

Unpopular capitalism Up until 2008 economists, politicians and capitalists would meet in the alpine resort of Davos to celebrate capitalism...

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Featured, Political Analysis, Socialism

Inflation, Quantitative Easing and Hoarding

Marx and Inflation For Marx the key factor determining changes in the general level of prices is the amount of...

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Socialism

Misrepresenting Marx

Marx produced a critique of political economy not a theory of economics. He said that after the 1830’s classical political...

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Capitalism Explained, Political Analysis

Two Conservative Slogans:

‘A Decent Wage for a Decent Day’s Work’ and ‘ Work Harder You Idle Shirkers!’ Just what is a “decent”...

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Capitalism Explained, Political Analysis

The Pain in Spain (Rests Mainly on the Working Class)

Some 5.7 million workers in Spain, equivalent to almost one in four workers, are now seeking work, according to official...

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