In this podcast, Adam Booth discusses the demand for a universal basic income.
The idea of a UBI is commonly raised in the context of increasing automation and the threat of “technological unemployment”, which is making many existing workers obsolete from the point of view of the capitalist system.
But, as Adam explains, UBI is not a solution to the problems facing society in relation to technology and its impact on jobs and wages – the “race against the machine”. Instead, Marxists should be demanding democratic control and planning of the key levers of the economy.
Earlier this week marked the 20th anniversary of the death of Ted Grant the founder of our organisation, and one of the greatest Marxist theoreticians of the 20th century. In this article, Ted analyses the postwar boom and its contradictions.
Whilst the Chinese Communist Party rule over China, it works with a capitalist mode of production. This is a historic peculiarity which originates with the successful Chinese Revolution in 1949. This revolution overthrew capitalism, but without workers power. This meant a slow return to capitalism was inevitable without successful revolutions internationally. But how did they return to capitalism while keeping the CCP in place? In this talk, RCP Central Committee member Tom Crozier, explains the process.
The relative decline of US imperialism is a process having enormous effects on every corner of the globe and every capitalist market. The US is struggling through its death agony which is resulting in a deeply unpredictable world. From wars to trade wars, to foreign policy on truth social, anger is building towards the US government rapidly. This exists in countries imperially dominated by the US, but has now spread to the US and its allies. Huge social explosions have begun, and the RCI is trying to take this process to its logic conclusion: revolution. In this talk, given at […]
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