Socialist Economics

21st June 2021

 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 […]

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The Ideas of the WSM

31st May 2021

Socialists know that it is difficult for our fellow-workers to recognise and acknowledge their servile status because wage-slavery is cloaked with many disguises. The absence of legal forms of slavery and serfdom serve to hide the true nature of modern slavery. And because the capitalist class with their media of indoctrination, it is indeed difficult to find the truth. […]

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Avoiding Bureaucracy, Managerialism and Technocracy

21st January 2022

The basis of any society is the way its members reorganised for the production of wealth. Where a section only of society controls the means of production then we can speak of a class society. The class that controls the means of production can be said to constitute a stable ruling and privileged class when […]

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Capitalism Co-opts Co-ops

19th January 2022

A sign of insanity they say is doing the same thing over and over again and expecting different results so why is it that many progressives ignore the informed opinion from over 150 years ago of the Chartist leader, Ernest Jones who back then observed:  “I contend that co-operation as now developed, must result in failure to […]

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UBI: Redistributing Poverty

16th January 2022

Many understand that one of the damaging effects upon the incomes of working people are frequently schemes to alleviate the economic pain felt by the poor and lower-paid workers. If Universal Basic Income is such a good idea, why has nobody implemented it before now? Universal (or Unconditional) Basic Income is an idea whose adherents […]

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WSM Principles 3/3

14th January 2022

We state below some of the principles on which, from our point of view, a genuine socialist party must be based and we hope a useful contribution to  discussions. We have divided the article into four parts: A SocialismB The Path to SocialismC Futility of ReformismD A Model of Socialist Society A. Socialism 1) A socialist party must first be clear […]

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WSM Principles 2/3

11th January 2022

In elections people talk incessantly about “The System”, “The System has failed”, “The System must be changed”, “Vote for us, because we are going to end The System”.  What system, exactly? Democracy under capitalism is reduced to people voting for competing groups of professional politicians, to giving the thumbs-up or the thumbs-down to the governing or opposition party (or parties). […]

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WSM Principles 1/3

9th January 2022

A Principled Stand “The word Revolution, which we Socialists are so often forced to use, has a terrible sound in most people’s ears, even when we have explained to them that it does not necessarily mean a change accompanied by riot and all kinds of violence, and cannot mean a change made mechanically and in […]

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Cómo se crearon los dioses

8th January 2022

(Un estudio en el materialismo histórico) Introducción Cuando entré en contacto con el Partido Socialista de América, en la primavera de 1910, escuché a algunos de sus miembros hablar sobre la Concepción Materialista de la Historia. Nunca había escuchado el término antes y tenía curiosidad por saber qué significaba. Al acercarme a esos miembros, les […]

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From the archives of the WSP (India) 3/3

7th January 2022

Capitalism and Revolution Capitalist “Capital is a collective product. … Capital is, therefore, not a personal, it is a social power.” – Marx and Engels, Manifesto of the Communist Party, Moscow, 1977, p. 51 Marx discerned that capital “presents itself as an independent substance” – “Capital, also, is a social relation of production. It […]

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From the archives of the WSP (India) 2/3

5th January 2022

Marx’s Alternative “It is true that Marx did not believe in drawing up recipes for the cookshops of the future, but he did describe the basis of the society he thought was going to replace capitalism: “an association of free men, working with the means of production held in common” (chapter 1 of Capital); “a […]

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4th January 2022

Entramos en otro nuevo año y, como en años anteriores, el nuevo año está bajo la perspectiva inminente de una guerra. Los trabajadores pueden ser llamados una vez más a participar en otra matanza donde hombres, mujeres y niños sufrirán. Es fácil culpar a los individuos por iniciar guerras, y algunos son ciertamente culpables, pero […]

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