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Capitalism


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Karl Marx: Profit is 'the unpaid labour of the working class'

Marx: Profit is 'the unpaid labour of the working class'

15 March 2012

Capitalism isn't working: Time to fight for socialist change

Unless you are part of the richest 1% then life under austerity is getting increasingly difficult. Peter Taaffe looks at the nature of capitalism

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15 March 2012

World developments show - capitalism is crisis

"When the present devastating world crisis of capitalism broke, the Socialist Party and the CWI drew bold far-reaching conclusions: that this time there would be no quick or easy way out for capitalism and that arising from this we would see a period of revolution and counter-revolution"

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Jarrow demonstration: we are the 99% Take the wealth off the 1%, photo Paul Mattsson

Jarrow demonstration: we are the 99% Take the wealth off the 1%, photo Paul Mattsson

22 February 2012

What's wrong with capitalism?

In response to the growing opposition to this profit-hungry capitalist system, many of its proponents have argued that not all capitalism is bad. Lynn Walsh exposes the myths proposed by prime minister Cameron as he tries to sell us the idea of 'popular' capitalism.

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World in Turmoil

4 January 2012

A world in turmoil

In this special new year feature, Peter Taaffe looks back at 2011, a year of crisis, struggle and revolution. This article is based on a statement prepared for the Committee for a Workers' International, the world socialist organisation to which the Socialist Party is affiliated.

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Inside Job: film on the global economic crisis of 2008

Inside Job: film on the global economic crisis of 2008

14 December 2011

Inside Job: Capitalism is a failed system: support the socialist fightback

"The supremacy of finance capital over all other forms of capital means the predominance of the rentier and of the financial oligarchy," wrote revolutionary leader Lenin in 1916 in Imperialism - the Highest Stage of Capitalism, writes Ken Douglas, Socialist Party national treasurer.

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26 March TUC demonstration, photo by Senan

21 November 2011

Capitalism is crisis - there is an alternative - fight for socialism!

The titanic 30 November strike will display the colossal power of the working class to resist the savage cuts demanded by the capitalists and Con-Dems, writes Peter Taaffe, General Secretary, Socialist Party.

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16 November 2011

Jobs crisis - 'We can't afford capitalism'!

"Decent jobs and decent pay!" That was the modest demand of the young people on the Jarrow Youth March for Jobs, writes Sarah Sachs-Eldridge.

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9 November 2011

Miliband the militant? No way!

Labour Party leader Ed Miliband has come out in favour of the occupation at the London Stock Exchange, writes Paul Gerrard.

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30 June coordinated strike action by the PCS civil service union and NUT, ATL and UCU teaching unions, photo Paul Mattsson

Photo Paul Mattsson

26 October 2011

Capitalism IS crisis - Fight for a socialist alternative

Capitalism IS crisis. These are the words sewn on a huge green banner stretching over the tents outside St Paul's Cathedral in London, writes Paula Mitchell.

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5 October 2011

Miliband's fruitless dreams of a 'better capitalism'

Ed Miliband said at Labour Party conference that we would have to 'live within our means' and that "Most of the cuts implemented by the Con-Dems will not be reversed"

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28 September 2011

Metal thefts - The hidden crime of capitalism

16-year old Ryan Woolams was electrocuted this July trying to steal copper cable from the disused Skelton Grange power station in Leeds, writes Paul Gerrard.

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Xekinhma, Greek section of CWI, on massive general strike in Greece on 15 June 2011 , photo Xekinhma

Xekinhma, Greek section of CWI

3 August 2011

Eurozone and USA - Debt crisis

The price of capitalist failure: Governments in Europe and the US are making working class people pay for the crisis caused by the bankers and the capitalist system.
The Greek bailout, welcomed by the European ruling classes, will do nothing for the Greek masses

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Newcastle: 30 June coordinated strike action by the PCS civil service union and NUT, ATL and UCU teaching unions , photo Elaine Brunskill

Newcastle: 30 June coordinated strike action by the PCS civil service union and NUT, ATL and UCU teaching unions , photo Elaine Brunskill

20 July 2011

Capitalism stuck in a blind alley

Determination to struggle grows: On 14 and 15 July members of the National Committee of the Socialist Party met. This article is based on the introductory speech given by Socialist Party general secretary Peter Taaffe...

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19 February 2011

4. Class and identity

What role will women play in the struggle for socialism today? Socialists and Marxists believe that the working class is the only force capable of leading the struggle to fundamentally change society...

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7 July 2010

When the financial wizardry lost its magic

Steve Appleton reviews: Whoops! Why everyone owes everyone and no one can pay, by John Lanchester, published by Allen Lane, 2010, writes £20.

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14 April 2010

Emperor's new clothes: the bosses' pet management theories

Bosses are always searching for the Holy Grail of how to run their production systems. They were even envious of the growth the former Stalinist states in Eastern Europe managed for a limited time. One...

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10 February 2010

Preying on the living and dead

Vampire capitalism: Socialist Party general secretary, Peter Taaffe, comments on an interview with film director Michael Moore by Chris McGreal in the Guardian (30/1/10)...

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Michael Moore's Capitalism - a love story, photo Michael Moore

Michael Moore's Capitalism - a love story, photo Michael Moore

5 February 2010

"Capitalism is an evil, and you cannot regulate evil"

Karl Marx likened capitalism to a vampire which sucks "living labour" from the worker.

But that is while the worker lives. Now we learn through Michael Moore, the US radical film-maker, that the biggest vampire, Wal-Mart - "a company with revenue larger than any other in the world" - actually bets on its "workers dying.

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3 February 2010

Weak growth - the best that capitalism can offer

After the longest and deepest recession since 1945, which saw the economy shrink by 6% in under two years, a battered UK finally limped into 'growth' territory last week, writes Robin Clapp.

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6 January 2010

Videos of Socialism 2009: Marx was right

Capitalism in crisis: Session one: Marx was right: the roots of the current economic crisis - Lynn Walsh

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