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Abolition of the Wages System

Cooking the Books: Abolish Money – But Not Now

Socialists want to see money disappear, because of the rationing it means for most people, but only as a consequence of the establishment of the common ownership of the means of wealth production. This, in enabling production to be carried on to directly meet human needs, would render money redundant. With the end of production for the market and of buying and selling, there would be no need for money.

Marx and the Abolition of the Wages System

At any time in the history of capitalism there have been lots of people and organisations occupied in trying to solve wages problems, the difference between now and the past being that the problems multiply and become more complex and the armies of “solvers”, politicians, business men, academics, trade union officials and so on become larger and larger. There is not the slightest prospect that these people will solve the problems.

Who Needs Money?

We live in a society where almost everything is bought and sold. That which you need in order to live is a commodity; you must buy it from someone who will make a profit out of selling it to you. Our minds are dominated by money. It is our passport to existence. No money, no access to what we need. Too little money, no comfort. Money drives people crazy: contrary to the words of the song, money does not make the world go round—money makes the world go mad.

What! No Money!

Millions of viewers of the BBC programme last June on the students will have heard Tariq Ali declare "we believe in the abolition of money". Someone pointed out that "the others looked very doubtful". As well they might. Even Cohn-Bendit has only called for equal wages, presumably to be paid in money. Tariq Ali himself probably did not understand the implications of what he said. But he did break a leftwing taboo. Normally they don't like to fly so much in the face of popular prejudice and risk being called "utopians". No, normally they like to be seen as r-r-revolutionaries boldly declaring they believe in violence!

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