economics
Articles on economics and political economy.
The Dutchess of Sutherland and Slavery - Karl Marx
Newspaper article written by Marx in 1853. It deals with Scottish
"clearings".
Marx thought this a very telling story, indeed. Much of the article would find itself reprinted in _Capital_, v.1 -- see part 8, chapter 27 -- over a decade later. THE DUCHESS OF SUTHERLAND AND SLAVERY
London, Friday, January 21, 1853
During the present momentary slackness in political affairs, the address of the Stafford House Assembly of Ladies to their sisters in America upon the subject of Negro-Slavery, and the "affectionate and Christian address of many thousands of the women of the United States of America to their sisters, the women of England", upon white slavery, have proved a god-send to the press.
1990-1992: Britain and the politics of the European exchange rate mechanism
Werner Bonefeld's detailed analysis of Britain's involvement in the European exchange rate mechanism, out of which it famously crashed in 1992.
Global War for the World Order, Part II
September 11 did not change the world and marked no change in era. It becomes more and more obvious that it was crystallization point and catalyst for developments which had started long before.
Global War for the World Order (Part I)
Behind the attacks of September 11 weren't the pauperized and exploited of this world, and the bombing of Afghanistan isn't aimed at the alleged masterminds of the attacks. Both incidents belong to the strategy of worldwide control of labor power and protection of the global valorization of capital.
The Economy is in Crisis... May It Die! & Death to Recovery - Communism #13
Below we have published a translation of two texts, examples of the forms taken today by the dictatorship of the economy.
Notes Against the Dictatorship of the Economy - Communism #13
The tyranny of value in process - the affirmation of the revolutionary programme
What Reduction of Working Time? - Communism #10
The following text was first published in Communism No.2 in 1985. At that time we were faced with language difficulties that made our texts in English quite obscure for our readers. Now, thanks to the effort of more and more English-speaking comrades, the texts published in Communism are far easier to read. This is one reason why we are republishing this text.
What Reduction of Working Time? - Communism #2
Introduction
One of the bourgeoisie's strengths is to present the reforms needed for the accumulation of capital as working class conquests. This is the case of the so-called 'reduction of working time' preached by all the unions and left parties of the world.
Murder of the Dead
Bordiga explains Marx's economics and argues that state monopoly over the economy (i.e. nationalisation) is no more socialist than private monopoly.
In Italy, we have long experience of "catastrophes that strike the country" and we also have a certain specialisation in "staging" them. Earthquakes, volcanic eruptions, floods, rainstorms, epidemics...
The Legend of the Piave - Amadeo Bordiga
Bordiga's analysis of a fatal environmental catastrophe in Italy, which could easily been avoided, had importance been placed on safety rather than profitability.
The patriotic saga of Italy raised the Piave to the status of the national river, and designated it as such, in 1917. In the war which was to have been the Fourth War of Independence, leading the country in a leap beyond the Venetian frontiers (won by no means by armed might) already gained from the Third.
