The Last Stage of the Middle Class (tags)
Money capital is fleeing into the speculative financial markets because investments in new factories have become unprofitable. While growing parts of society are impoverished or even impoverished outside of production, only a simulative accumulation of capital through financial bubbles takes place...
What does socialism mean in the 21st century? (tags)
"Socialism" should be much more than a mere buzzword. In light of the fact that current capitalism is in the process of destroying our planet and our prospects for a free, democratic, and good life, "socialism" must become a genuine systemic alternative.
Addendum: Benjamin Tucker American Mutualist: Tucker Did Not Advocate Voting in Businesses (tags)
This series is supposed to present the ideas of Tucker in an accurate fashion. So this article will focus on how Tucker himself intended businesses to be operated.
Benjamin Tucker: Individualist Libertarian Market Socialist (Updated 2017) (tags)
American Individualist Libertarianism is a form of market socialism with self-employed individuals, co-operative businesses, and socialist employers. 1. (If your interested, please see: Benjamin Tucker’s State Socialism and Anarchism: Where they Agree and where they Differ) It differs from Mutualist market socialism because mutualist market socialism also has an agro-industrial federation and a regulated market (regulated market by the community or federation) to ensure equality of opportunity. 2. (If your interested, please see: Proudhon’s Principle of Federation)
Wage Slavery in the American Auto Industry: Obama’s Shame (tags)
The American auto industry is back in business in a big way. The carmakers are making enormous profits, direct from the blood, sweat and tears of autoworkers.
Where does profit come from? (tags)
The work of employees, who are paid only a fraction of the value that they produce, is the source of profits for capitalists. Those astronomical salaries and bonuses enjoyed by executives and speculators come on the backs of the company’s employees.
Engels on Capital and Surplus Value (tags)
Review of the chapters on Capital and Surplus Value in Engels' book Anti-Dühring showing the contemporary relevance of Marxist theory.
Benjamin Tucker: Individualist Libertarian Market Socialist (tags)
American Individualist Libertarianism is a form of market socialism with self-employed individuals, co-operative businesses, and socialist employers. 1. (If your interested, please see: Benjamin Tucker’s State Socialism and Anarchism: Where they Agree and where they Differ)
"Crises belong to capitalism as the cyclone belongs to the weather.. A social division went along with the neoliberal turn. The welfare state mutated to a repressive crisis management of a growing mass poverty..Greenspan's dollar glut kindled a global deficit economy.."