Tag: wage labour

Political Economy

Marx, Gamestop, and finance capitalism

As retail investors launched a short squeeze on large hedge funds, forcing large stock-market movements and frenzied recapitalisation, many commentators heralded it as a victory for “the little guy” against Wall Street. However, the truth is far from that simple. “The biggest owners of Gamestop: Fidelity (14%), Cohen’s RC Ventures […]

Political Economy Socialism

€38.04 an hour?

The upper limit of a transformative wage demand A transformative strategy is “a means by which to expose the antagonistic contradictions between capitalism and the working class and, in so doing, to undermine capitalism and present the potential for a socialist alternative.”¹ While an increase in the minimum wage from […]