A central goal of socialism is to transition into an economy without commodity production for profit. A socialist economy would co-operatively create goods and services for their use values rather than their exchange values, with production planned by the producers themselves. The question that we want to ask readers to […]
Tag: Capitalism
On supernovas and milkshakes
The economist John Smith of the University of Sheffield caused a lot of debate with his recent article “Why coronavirus could spark a capitalist supernova,” in which he offered a powerful rejection of mainstream and Keynesian analysis of the bond market. For years now, “core” capitalist economies have been suffering […]
When’s the revolution coming?
HIS QUESTION Is often posed to those who even dare suggest the possibility of a socialist future.
In today’s marketised business world we’ve been conditioned into nihilism, a belief in Man’s inherent evil, and to expect nothing more than what we get; it’s essentially Christianity without Heaven at the end. “Socialism” and “revolution” are merely idealistic dreams from the past. But the cynics do ask a fair question: When will the working class take ownership of the state and society?
The old world is dying
WHATEVER WAY one looks at it, the reality is that this crisis, and its four forms— environmental, health, economic, and political—will prove to be worse than 2008. The fact that China’s economy has slowed down, for the first time in decades, only shows that this crisis will be a global affair, rather than a Western financial crisis, as happened in 2008. The 2020 crash will be a
The capitalist mode of destruction
The capitalist mode of destruction – Eoghan O’NeillDownload The great global crises (they come in threes) On Thursday 12 March many of us watched Leo Varadkar announce (in Washington) “the closure of schools, pre-schools and further and higher education settings for a period until 29 March 2020, to support efforts […]
Dictatorship: Who decides?
Dictatorship: Who decides? – Seán Ó MaoltuileDownload The ideas of the ruling class are in every epoch the ruling ideas. Karl Marx (1845) Once from the pulpit, now from the mass media, the elite of society have always sought to ingrain within us an acceptance of our own subjugation. The […]
The origins of the climate crisis
The origins of the climate crisis – Joe FlemingDownload Out of the green fields of southern England, in the same century in which Shakespeare penned his pastoral comedies and the Tudors initiated a new phase of Ireland’s conquest, a novel form of economics arose. A terrible force, only nascent, long […]
Vampire capitalism
It’s hard not to believe the end is nigh when the buying and selling of blood turns out to be one of America’s booming industries. The life-saving act of blood donation in Ireland operates on a voluntary basis, besides the odd celebratory pin, and people are expected to give out […]
Signs of the next economic crisis
Over the past two months we’ve been reminded constantly about the supposed health of our economy. Unfortunately, things are not as healthy as cherry-picked statistics might suggest—as anybody looking for a hospital bed or a home can clearly see. We’re highly vulnerable as a small, open economy to the vagaries […]
The folly of our democracy
THIS IS OUR democracy. It boils down to political parties arguing over semantics on policy without having any real substantive choice on policies. I see, hear and read about the hopes of many people for a political change, where many believe that we are on the precipice of a fundamental change in the political landscape, not seen since the days of the Irish Revolution.
The iron fist of capitalism
THE RISE of the right wing, of fascist ideology, is inextricably linked with the crises of capitalism, which are periodic and inevitable because of the internal contradictions within the capitalist system, which can never be overcome, because capitalism is an antagonistic class-based system in which differing class interests cannot be reconciled.
Who said that? Wealth
“In many countries, the wealthy pay lower effective taxes than far poorer people. We need to change course— or face the pitchforks. “The ecological catastrophe fueled by climate change and the socio-economic upheaval threatened by grotesque inequalities of wealth and power have the potential to destroy everything we care about.
The time has come
THE WORKING CLASS is under attack in a class war that we are losing. There was a time when one average worker could earn enough to provide a family with the basic necessities of food and shelter and a few luxuries. This, of course, did not
Céad míle falsehood
Last month the ugly face of capitalism came into the public glare when thirty-nine people froze to death in the back of an Irish juggernaut, having been smuggled into Britain from Viet Nam.
Later on, as November came to a close and the Christmas shopping frenzy was in full swing in the streets, on television and radio and in the newspapers, sixteen people were discovered in the back of another juggernaut, on its way to Rosslare. Mercifully, they were alive.
The capitalist illusion Part 5 There is an alternative: socialism
The most important task of our class is to shatter the illusion that socialism failed. Socialism, directed by communist and workers’ parties— contrary to what we are all taught and told to believe—did in fact succeed. It worked, and continues to work, very well.
The capitalist illusion – Part 4 – The ultimate deception
HARRY HOUDINI, probably the world’s most famous illusionist, when performing his acts would mesmerise his audience with feats that defied all logic or reason. He would make the impossible possible. Audiences would be left speechless at his escape routines, and he toured the world displaying his death-defying acts.