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Adam Buick

Book Review: Money worship

Hayek and the Market. By Jim Tomlinson, Pluto Press, £24.95.

 Hayek has been a notorious life-long opponent of socialism, and not just of socialism but even of relatively mild reformist and trade union attempts to improve working class conditions within capitalism.

 After the publication of his book The Road to Serfdom in 1944 nothing much more was heard of him until he re-emerged in the 1970s to provide intellectual ammunition for the Thatcherite wing of the Tory party. So Tomlinson’s short, readable but expensive book can serve a purpose on the principle of “know thine enemy".

Analysing an Economic System

One criticism of Marx’s Capital is that, written 150 years ago, it is describing conditions in mid-century Victorian Britain which have long since disappeared. It does do this, but this is to miss the point. Marx was analysing an economic system, not the particular political, sociological and historical conditions under which it happened to operate in his day. It was written not, or not just, as a criticism of conditions in mid-Victorian Britain but as an analysis of capitalism in general, of the capitalist economic system as such irrespective of the conditions in which it operated.

Book Review: 'The Greek Tragedy'

Not democratic

'The Greek Tragedy', by Constantine Tsoucalas. (Penguin. 6s.)

THE Socialist Party of Great Britain has always argued that in places like Britain where there is a more or less democratic State — that is, where the state machine, including the armed forces, is under the control of a popularly-elected government — a Socialist majority can win power peacefully in an election.

Others (few of whom really share our view that there must be a Socialist majority before there can be Socialism) argue that the capitalists will never allow their rule to be overthrown by peaceful means.

Corbyn: What He Did Achieve and What He Could Not Have

Jeremy Corbyn has shown one thing – that contesting an election on a manifesto promising to tax corporations and the rich to pay for improvements in health, housing and education for ‘the many’ is not the vote-loser most pundits assumed. Most, including many Labour MPs themselves, thought that contesting an election with such a programme would be suicidal. In the event, it was one of a number of factors that enabled the Labour Party to increase the number of its MPs by 30 and its share of the popular vote to 40 percent. They didn’t win of course but they were originally supposed to have been annihilated.

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