capitalism

Capitalism, Socialism, Nationalization, and the Statified Economy

Capitalism is typically associated with ownership of firms by private persons while socialism is typically associated with their ownership by the government. However, state owned enterprises (which is the official name) vs private enterprises has very little to do with the actual mode of social labor, production, and distribution.

Capitalism's New Economy: The Value of Capitalist Services

This second article in our series examines what is meant by ‘services’ and their apparently key role in the richest capitalist states where moving away from production of commodities is regarded as essential to economic advancement. Indeed, despite the setback of the 2007/8 financial crash, World Bank figures show that ‘services’ represent a higher proportion of GDP for the world economy as a whole. For the UK 77.4% of GDP was attributed to ‘services’ in 2018.

Capitalism's New Economy: The Case of the UK

The article here, the first in a series on what was then dubbed the "new economy", originally appeared in the CWO's political journal, Revolutionary Perspectives, in 2005.

The war that never ended: public history for the present

A critical look at New Zealand's official First World War centennial programme and its lack of engagement with the war's root causes, namely capitalism and white supremacy.

Twenty Years of the National Minimum Wage

2019 marks the 20th anniversary of the National Minimum Wage.

Economic Doctrines of Karl Marx - Karl Kautsky

Kautsky's book-length introduction to concepts in Marx's first volume of Capital.

Tegen arbeid, tegen kapitaal - een interview met Robert Kurz

Robert Kurz

“Een kritiek op het kapitalisme vanuit het standpunt van de arbeid is een logische onmogelijkheid, omdat je het kapitalisme niet vanuit het oogpunt van zijn eigen substantie kan bekritiseren.”

In dit interview uit 2010 praat journalist/filosoof Robert Kurz over de vragen die hij in zijn werk stelt: de dynamiek van economische crisis, hoe het kapitalisme in de loop van de geschiedenis zijn eigen substantie steeds verder uitholt en de crisistheorie van Marx. Hij schetst wat de actuele inhoud zou zijn van een ecologisch houdbare maatschappij op basis van “bewuste maatschappelijke planning”, in tegenstelling tot de “planning van de waarde” die in het Oostblok als socialisme gold.

The Iron Fist Behind Exchange: The Problems With The Freed Market

a critique of "freed market anti-capitalism" as argued in Keven Carson's "The Iron Fist Behind The Invisible Hand"

Crisis, War and Environmental Catastrophe: There is No Alternative to the Social Revolution!

2019 finds humanity in an increasingly dangerous place. The consequences of global economic stagnation, itself the product of a much deeper crisis of profitability, can be seen in the rise of nationalism, racism and xenophobia. These in turn threaten not only to add to the increasing proliferation of unending wars around the world but to the possibility of more general conflict further down the line. Not unconnected to the current wars are the environmental disasters which the pursuit of profit has already inflicted on millions across the globe. If allowed to proceed unchecked capitalism threatens, in one way or another, the very existence of the only home humanity has.