Fighting global capitalism

Answer to the G20 - Put workers first! Global workers' solidarity!martinThu, 26/03/2009 - 12:06

AWL leaflet for "Put People First" demonstration, 28 March 2009. Download pdf.

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“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”.

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


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!

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No return to Keynesian Capitalism

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

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Fair trade

Submitted by martin on 9 February, 2008 - 9:11 Author: Paul Hampton

Many of the young people, NGOs and unions who mobilised for the big demonstrations in Seattle in 1999, or in Edinburgh for the G8 summit, argue that the alternative to the neoliberal, free trade agenda of the multinationals, the big powers and the WTO is some sort of “fair trade”. Three million people have signed Oxfam’s petition to “make trade fair”.

Few opponents of free trade argue that trade per se is harmful, although the localisation school emanating from green politics certainly appears to do so. Instead most charities and NGOs want the rules of the game changed.

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Submitted by martin on 9 February, 2008 - 9:08 Author: Paul Hampton

The most drastic alternative to free trade, popular on the green wing of the global justice movement, is localisation. Localisation means that: “everything that can be produced locally should be produced locally”.

According to Australian green Gary Buckman, the localisation school “generally sees global trade as an inherently destructive economic force and believes that the only way poor nations will get any richer is through less trade, not more”.

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Socialist policy on trade

Submitted by martin on 9 February, 2008 - 9:07 Author: Paul Hampton

A revolutionary alternative to both “free” trade and “fair” trade is the perspective held by the Alliance for Workers’ Liberty (AWL). It is based on the core ideas of Marxists a century ago, applied to the circumstances we live in today.

Karl Marx and Frederick Engels first wrote about world trade in the 1840s, when British capitalism was the dominant industrial force in the world economy and free trade had just become the commercial policy of the British government.

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