Month: June 2021
Socialist Economics
1: Commodities It is impossible to understand the way in which the Capitalist system works without some knowledge of basic Marxian economics. Such knowledge is invaluable to the Socialist because he can use it to expose the myth that the capitalist is the lynch-pin of society and without him, civilization would perish. The Marxist theory…
Our Planet, Our Future
The fact of the longevity of the World Socialist Movement as a political organisation based on agreed goals, methods and organisational principles seems to suggest that we indeed represent some strand of socialist thought that some people are drawn towards. One cannot talk with workers unless one is WITH them. It is not enough to be one OF them. We…
The Alternative to Prices
Many will say that the price system allows people to make the allocation decisions themselves by seeing how much other people want different things. Unfortunately, prices can only reflect the wants of those who can afford to actually buy what economists call ‘effective demand’ and not real demand for something from those without the wherewithal –…