Fighting global capitalism

Solidarity Swells Lindsey Pickets

Submitted by Anon on 23 June, 2009 - 9:37 Author: Frank Miller

Good local support boosted numbers at the demonstration called at Lindsey Oil Refinery this morning adding to the solid core of sacked workers at the site. Building from a slow start at 0630 the picket swelled to over 1500 by 0830. The picket line itself was very quiet, most of the sacked workers having already heard the news that Total had agreed to talks.

G20: Chris Knight and the Press

Submitted by martin on 1 April, 2009 - 10:25 Author: Martin Thomas

1 April: The London Evening Standard reports today that "more than 7,000 police and security staff [have] turned London into a fortress city for the G20 summit... The Met describes [it] as the biggest security operation it has ever mounted".

Cycling through the City, I saw hardware shops, newsagents, and camera shops shuttered or boarded up for the day, though McDonalds and Starbucks were still open. Visibly many workers had responded to the media coverage about likely violence by taking the day off.

“No nation will put up with so barefaced an exploitation of the community by a small band of bonus-mongers”

Submitted by AWL on 12 February, 2009 - 8:31 Author: Colin Foster

“No nation will put up with so barefaced an exploitation of the community by a small band of dividend-mongers”, wrote Frederick Engels over a hundred years ago.

He was explaining why he considered full state control of the capitalist economy theoretically plausible but practically unlikely.

If “all the social functions of the capitalist are now performed by salaried employees”, then “the capitalist has no further social function than than of pocketing dividends, tearing off coupons, and gambling on the Stock Exchange”.

THE END OF HISTORY?

Submitted by AWL on 25 July, 2008 - 4:39 Author: Sean Matgamna

THE END OF HISTORY?

In our New Age, this Age of Gold,
We've reached the end of History;

All things on earth are bought and sold,
All things, including you and me;
The rich can keep the good green earth,
Now socialism is cause for myrth.

They'll not now blow your world apart,
The bourgeois and the Stalinists
Who have converged to praise the mart:
No longer cramped in Stalin's fist,
New converts see with heady zeal,
This is the better way to steal!

No return to Keynesian Capitalism

Submitted by david kirk on Mon, 07/14/2008 - 18:30

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 answer to the Credit Crunch. This is a massive turn around for keynesian economic theory, which for the last twenty five years has been discredited amongst the ruling class.

Free trade

Submitted by martin on 9 February, 2008 - 9:15 Author: Paul Hampton

Whether you live in Mexico or Morocco, South Korea or Spain, you can buy food produced on the other side of the world. Toys made in China, jeans in Guatemala, trainers in Indonesia and cars made in Brazil are sold thousands of miles away. This is the golden age of world trade, if nothing else.

The world trade order today