Marxism vs libertarianism: The Economic Calculation Problem
Adam Booth uses the method of Marxism to dispel the economic fantasies of right-wing libertarians, which boil down to a defense of the ruthlessness of the free market and capitalism.
Adam Booth uses the method of Marxism to dispel the economic fantasies of right-wing libertarians, which boil down to a defense of the ruthlessness of the free market and capitalism.
A recent Oxfam report has found that the world’s 10 richest men have increased their fortunes by $540 billion during the pandemic. Instead of appealing for philanthropy from these fat cats, we need to expropriate the super-rich.
Britain has officially passed the figure of 100,000 COVID deaths. Despite claims of inevitability and attempts to shift the blame onto ordinary people, this was never inevitable and it is the Tories – and the system they defend – that is to blame.
Due to Tory cuts, privatisation, and recklessness, the NHS is now completely overwhelmed by COVID. Only the sacrifices of health workers are keeping it afloat. The labour movement must support their fight for decent pay and conditions.
The UK’s national immunisation effort, so far, has been a rare success story in a pandemic otherwise characterised by chaos. This shows the superiority of planning and public ownership over the ‘invisible hand’ of the market.
The bosses are clamoring to know when schools will reopen, so that parents can return to work. It is teachers, not the Tories, who care about the safety and education of children. This is why we need to put workers in control.
Government ministers are coming under fire for management’s role in a mass COVID outbreak at DVLA offices in Wales. Pressure from the bosses is to blame. PCS members must fight to put workers in control.
In this recent talk to Socialist Appeal supporters, Antonio Balmer (from the Socialist Revolution USA editorial board) discusses the recent dramatic events in Washington, which are yet another symptom of the decline of American capitalism – and a harbinger of revolutionary explosions to come.
In a recent revealing speech, the Labour leadership have outlined their economic strategy. Their message of ‘fiscal responsibility’ is aimed at appeasing big business. But only a bold socialist programme can offer a future to workers.
Across the country, workers in education are beginning to mobilise against job cuts, attacks on conditions, and management attempts to force an unsafe return to workplaces. The trade unions need to launch a united fightback.
Joe Biden was sworn in as US president yesterday, surrounded by armed troops. The establishment are pinning their hopes on the new administration to pull US capitalism out of this period of chaos and decline. But the writing is on the wall.
Recent research has found that the super-rich in Britain are sitting on an even greater pile of wealth than previously thought. The capitalist class have a million tricks to avoid taxes. Instead, we must demand the expropriation of their fortunes.