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Category: Capitalism Explained

  • Image Credit: Doomych, Gum Department Store, Moscow 2009

Capitalism Explained

Luxury Commodities

‘How To Spend It’- and where they come from Each weekend the Financial Times publishes a glossy magazine “How To...

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  • Image Credit: Fronteiras do Pensamento Thomas Piketty 2017

Capitalism Explained, Socialism

Tax the Rich or Abolish Capitalism?

The capitalist class increased its wealth during the world pandemic. The World Inequality Report said that 2020 saw the steepest...

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  • Image Credit: Thomas Austen Brown, Industrial Landscape

Capitalism Explained

What is capitalism?

In his article “To prevent climate collapse make extreme wealth extinct” (Guardian 10 November 2021), the environmental journalist, George Monbiot...

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  • Image Credit: Thomas Phillips, Portrait of David Ricardo 1821 (cropped)

Capitalism Explained, Socialism

Marx: Surplus Value & Class Exploitation

Introduction: What is Surplus Value? What is surplus value? To understand this fundamental Marxian concept it is important first to...

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  • Image Credit: Julius Evans, Maryland, USA 2013

Capitalism Explained

The Capitalist Class: Poverty and Food Banks

The capitalist class owns the means to life. Capitalists own the means of production and distribution. And they own the...

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  • Image Credit: Cover of 1st Edition, 1945

Capitalism Explained

Animal Farm: Socialism and Class Consciousness

The BBC recently showed the 1955 Cold War animation film of Animal Farm produced by Halas and Bachelor from the...

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  • Image Credit: Flagstaff Gallery, Auckland 2020

Capitalism Explained, Socialism

Towards a Marxist Critique of Artistic Production

We live in, react to and confront different forms of artistic production which highly values individuality, uniqueness and abstraction. Artistic...

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  • Image Credit: War on Want, London 2016

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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  • Image Credit: World Economic Forum from Cologny, Davos 2007

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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  • Image Credit: Ministry of Information Clocking-in Britain 1940

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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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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Email:
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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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