Marxist economics
Accumulation of wealth at one pole is, therefore, at the same time accumulation of misery, agony of toil, slavery, ignorance, brutality, mental degradation, at the opposite pole
- Karl Marx
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Four-day working week: Capitalist exploitation vs socialist freedom
A number of companies are trialling the introduction of a four-day working week, with no loss of pay. If ‘successful’, this will simply mean more intense working conditions for the working class, whilst the bosses rake in more profits.
Who’s to blame for inflation – Workers’ wages or corporate profits?
With inflation soaring, the apologists of capitalism are demanding that workers show ‘wage restraint’ to subdue prices. Workers are not the cause of rising costs, however, but the victims of this crisis. To fight inflation, we need expropriation!
Inflation and instability: British capitalism’s perfect storm
The UK economy is being buffeted by the chaos of war, inflation, and capitalist crisis. Workers are already paying the price, as living costs go through the roof. The scene is set for a wave of struggle. The unions must prepare for battle.