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 […]

Read More

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. […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More


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 […]

Read More

From the archives of the WSP (India) 1/3

3rd January 2022

ASCENDANCE/DECADENCE OF CAPITALISM  Capitalism was progressive during its ascendance i.e., in its formative stage. During this phase, all its necessary formations and reformations were progressive, even though it emerged having been drenched in sweat and blood. Consequently, both the capitalist and working classes were sprouting at their decisive point in time. They were growing – […]

Read More

Happy New Year

1st January 2022

We wish all our web visitors a Happy New Year. We very much wish them that but at the present time, the signs of the coming new year being happy are none too hopeful.  At the dawn of another new year, it is fitting that we look backwards at the past. 2021 was the year in which the world […]

Read More

WSM and Trade Unions 3/3

31st December 2021

As the trade union movement stands today it is still craft and sectional in outlook, still mainly pro-capitalist. The struggle on the economic field held under capitalism has to be, and is, carried on by socialists and non-socialist alike. The small number of workers who really understand the meaning of socialism is such that any attempt […]

Read More

WSM and Trade Unions 2/3

28th December 2021

For clarity, we should state the World Socialist Movement’s position towards trade unions We recognise that, under capitalism, workers depend on the wage or salary they get for the sale of their labour-power and that it is in their interest to get the highest possible price for this; collective organisation and action, as via trade unions, can help […]

Read More

WSM and Trade Unions 1/3

26th December 2021

Trade unions arise out of the wage-relation that is at the basis of capitalism. When we say that labour-power has a commodity nature, it must express its value through a struggle in the labour market. Combining together in trade unions to exert collective pressure on employers is a way workers can prevent their wages from falling […]

Read More

Imponerle impuestos a los ricos

26th December 2021

Es mejor abolir los capitalistas Abundan las estadísticas que muestran cómo los más ricos de todo el mundo se han vuelto aún más ricos. Los economistas explican que nunca en la historia de la humanidad la desigualdad en  una sociedad no ha sido tan extrema como en esta época actual. La concentración de la riqueza […]

Read More