One of the results of the current financial and economic crisis is that the ideas of the economist John Maynard Keynes have been pulled of dusty library shelves and are now being peddled as a possible
Between 50 and 60% cent of the population identify as ‘working class’. Despite the term ‘working class’ vanishing completely from the language of the Labour Party, the proportion claiming this now-unspoken identity has been fairly stable since the 1950s.
To be working class is to be at one pole of a pair. The other pole is the capitalist class.
“I can see the bright green strip of grass beneath the wall, and the clear blue sky above the wall, and sunlight everywhere. Life is beautiful. Let the future generations cleanse it of all evil, oppression and violence and enjoy it to the full.”
Leon Trotsky, April 1940
“You who have really done something, must have noticed yourself how few of the young literary men who attach themselves to the Party take the trouble to study economics, the history of trade, of industry, of agriculture, of the social formations… The self-conceit of the journalist must therefore accomplish everything and the result looks like it…" — Friedrich Engels
The magazine New International, in 1950, advertises a series of "wire-recordings for socialist education". They include a recording of a debate between Max Shachtman and Frederick von Hayek, on socialism vs capitalism, in February 1950.
By Paul Hampton
“The attempt of the bourgeoisie during its internecine conflict to oblige humanity to divide up into only two camps is motivated by a desire to prohibit the proletariat from having its own independent ideas.
By Max Shachtman
The 1917 revolution was one of the greatest democratic moments in history.
by Albert Glotzer
Many of the core activists of today’s left had their thinking shaped by the dramatic struggles of 1979-84, or of the late 1960s and early 70s — times when capitalism seemed to be in intractable crisis, and mass working-class action to change society was a prospect near at hand.
Recently, Network Rail chief executive John Armitt received a total bonus package of more than £200,000; his deputy, Iain Coucher, more than £179,000; the other two executive directors £133,937. And that's just the bonuses! Last year, Network Rail's four most senior executives shared £1.1m in bonuses. Armitt got over £350,000, on top of his £500,000 salary. NR, a so-called 'not-for-profit' company, has just reported a pre-tax profit of £1billion.