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Category: Capitalism Explained

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Capitalism Explained

Maurice Saatchi on Capitalism and Marx

In 1978 unemployment was high with 1.6 million workers unemployed. The Tories used the advertising firm Saatchi and Saatchi to...

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  • Image Credit: Public domain, Trump signs Executive Order. 2025

Capitalism Explained

The Golden Age of Capitalism? Hubris before the Fall

Trump and Making American Capitalism Great Again? Marx: once wrote: “…….history repeats itself, first as tragedy, second as farce” (“The...

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  • Image Credit: epSos.de, Quito, Equardor. 2010

Capitalism Explained

The World’s Rich and Poor

The world’s population is divided into two classes: a capitalist class and a working class.  The capitalist do not have...

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  • Image Credit: ICP Colombia, Francis Fukuyama 2012

Capitalism Explained

Francis Fukuyama and ‘The End of History and the Last Man’……….?

“The End of History” is a rhetorical expression attributed to Francis Fukuyama, one-time civil servant in the US government, now...

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  • Image Credit: Solidarity Center, Garment Worker, Bengaldesh

Capitalism Explained, Political Analysis

The Rich, Slavery and the Poor

A not too well known Member of Parliament recently came to the public’s attention. Step forward, Richard Drax Conservative MP...

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  • Image Credit: Bayeux Tapestry Museum

Capitalism Explained, Historical References, Socialism

No Social System Lasts Forever

Unlike the Classical school of economics (for example Adam Smith and David Ricardo) who believed in the harmony of classes,...

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  • Image Credit: David S. Soriano,

Capitalism Explained

The Night Shift: Do Androids Dream of Surplus Value?

The Night Shift was a film made in 1979 starring Frank Windsor in which two men construct a diesel engine...

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  • Image Credit: Policy Exchange, Liz Truss 2013

Capitalism Explained, Political Analysis

Liz Truss:  Free Market Fundamentalism and Doomsday Cults

For many years we have been monitoring and commenting on the market fundamentalists in their think tanks who have been...

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  • Image Credit: Axel Rouvin[2], Gabon Africa 2006

Capitalism Explained

Profit and Deforestation

COP26 was seen as a turning point for the environment and global warming. Capitalist politicians congratulated each other on all...

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  • Image Credit: Stevebidmead, CC0, via Wikimedia Commons

Capitalism Explained

The Rich Get Poorer!

Since Russia’s invasion of Ukraine, the unearned wealth amassed by the world’s billionaires has fallen from a record high in...

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Object:

The establishment of a system of society based upon the common ownership and democratic control of the means of production and the instruments for producing and distributing wealth by and in the interests of the whole community.
Declaration of Principles

Declaration of Principles

THE SOCIALIST PARTY OF GREAT BRITAIN HOLDS:

  1. That society as at present constituted is based upon the ownership of the means of living (ie land, factories, railways, etc.) by the capitalist or master class, and the consequent enslavement of the working class, by whose labour alone wealth is produced.
  2. That in society, therefore, there is an antagonism of interests, manifesting itself as a class struggle, between those who possess but do not produce and those who produce but do not possess.
  3. That this antagonism can be abolished only by the emancipation of the working class from the domination of the master class, by the conversion into common property of society of the means of production and distribution, and their democratic control by the whole people.
  4. That as in the order of social evolution the working class is the last class to achieve its freedom, the emancipation of the working class will involve the emancipation of all mankind without distinction of race or sex.
  5. That this emancipation must be the work of the working class itself.
  6. That as the machinery of government, including the armed forces of the nation, exists only to conserve the monopoly by the capitalist class of the wealth taken from the workers, the working class must organise consciously and politically for the conquest of the powers of government, national and local, in order that this machinery, including these forces, may be converted from an instrument of oppression into the agent of emancipation and the overthrow of privilege, aristocratic and plutocratic.
  7. That as all political parties are but the expression of class interests, and as the interest of the working class is diametrically opposed to the interests of all sections of the master class, the party seeking working class emancipation must be hostile to every other party.
  8. The Socialist Party of Great Britain, therefore, enters the field of political action determined to wage war against all other political parties, whether alleged labour or avowedly capitalist, and calls upon the members of the working class of this country to muster under its banner to the end that a speedy termination may be wrought to the system which deprives them of the fruits of their labour, and that poverty may give place to comfort, privilege to equality, and slavery to freedom.

Disclaimer:
The reconstituted Socialist Party of Great Britain adheres to the Object and Declaration of Principles of The Socialist Party of Great Britain”. Members who set up the journal “Socialist Studies” were expelled in May 1991 for taking political action in the name The Socialist Party of Great Britain” We all agree with its Object and Principles”. We have no connection with the Socialist Party of 52 Clapham High Street.

Socialist Studies

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Knowledge is everything! Socialist Studies is run entirely by unpaid volunteers and writers but running and maintaining the website does cost money. So, please help us keep this important journal and reference library alive and free to all by contributing anything you can. Thank you!

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