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Category: Capitalism Explained

  • Image Credit: Anidae, Barcelona May 1st 2023

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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  • Image Credit: Lewis Hine, Public domain, 1920

Capitalism Explained

Capitalism, History & Class Struggle

The study of class, class interest and the class struggle are no longer a fashionable topic in academic circles. In...

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  • Image Credit: Stilgherrian, Sydney 2018

Capitalism Explained, Socialism

How Much do Strikes Achieve?

The view held by some trade unionists is that militancy is the key that opens all doors for the working...

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  • Image Credit: Marek Slusarczyk, (cropped)

Capitalism Explained

What Is Capitalism?

The first Principle of the Socialist Party of Great Britain’s Declaration of Principles gives a succinct definition of capitalism: That...

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  • Image Credit: File:Friedrich_Engels_(1881)

Capitalism Explained, Historical References

Engels and the Materialist Conception of History.

Between 1890 and 1894 Engels wrote a number of letters clarifying Marx’s theory of history, more popularly known as the...

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  • Image Credit: Lars Plougmann, (cropped)

Capitalism Explained

The Productive and Unproductive Worker

This article comes from papers left by Jim D’Arcy. It first appeared in Socialist Studies 74 (2009 Winter edition). The...

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  • Image Credit: Rata Langa, The Transmutation of Human Blood into Gold. 1899

Capitalism Explained

Will Capitalism Last Forever?

Will capitalism last forever as its supporters claim? Is the world we currently live in, with its squalor, poverty, pollution,...

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  • Image Credit: Kurz and AllisonRestoration by Mmxx, BATTLE OF FRANKLIN 1864

Capitalism Explained, War and Conflict

Nationalism and War

The extract below comes from a pamphlet published by The Socialist Party of Great Britain in 1950 almost three quarters...

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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.

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