Some people think that businesses can fix at will the price of what they sell. Among them, it seems, is the Governor of the Bank of England. After announcing on 23 March an increase in the Bank rate to 4.25 per cent, Andrew Bailey asked business to ‘please’ not increase their prices. As the headline …
Read more “Cooking the Books 2 – What the market will bear”
May Day. In order that members are well acquainted with the arrangements made for Sunday, May 6th, here is a brief resume of the proposed activities in London, Glasgow, and Nottingham. In Hyde Park, the usual trolley will be set up by three o’clock, and speakers will take turns in running the propaganda. Members should …
Read more “Party News Briefs”
As Andrew Murray has pointed out (Communist Review Autumn 2022), Russia ticks off many of the boxes of Lenin’s description of imperialism. It present ‘an astonishing degree of economic monopolization’ with 22 oligarchic groups accounting for 42 percent of employment and 39 percent of sales. In finance, Sberbank provides banking for 70 percent of Russians, …
Read more “Russia ‘an imperialist power’”
CURIOUS EFFECTS OF DIVERGENT INTERESTS When a period of trade activity has been un¬usually protracted, the inevitable crisis invariably startles the economists of the ruling class in the midst of ruminations on their good fortune, or genius, in having at last overcome trade epidemics. As with the trade crisis, so with war comes as a …
Read more “The Fruits of Anarchy”
Last month I commented on the strike proceeding in that great port of the North-east coast, Hull. I pointed out the sweating and destitution prevailing there, and now I intend to show some of the effects upon another section of the population. In February of this year—within three months of the White Slave Bill being …
Read more “The Whitewashing of the White Slave Traders”
Return to index 2023 Online Talks German Political Culture and Socialism (77 mins) Commentary on Rammstein’s music video ‘Deutschland‘. Andrew Westley, 15th December 2023 Is a Moneyless Society Possible pt.1 (51 mins) Is a Moneyless Society Possible pt.2 (61 mins) Richard Field, 8th December 2023 Discussion on Gaza (109 mins) Hosted by Adam Buick and …
Read more “Audio Index 2023”
The royal family get enough coverage in the media without a need for fictional retellings of its excesses. Netflix’s ongoing series The Crown has been the most prominent, reframing the dynasty’s recent history in whatever way will win the most awards. In what looks like a dig at The Crown’s pretentiousness, Channel 4’s Prince Andrew: …
Read more “Proper Gander – Dukes And Rebukes”
Councilloe W. C. Anderson, presiding over the I.L.P. conference at Merthyr Tydvil, is reported to have said : “Social justice is not compatible with private ownership of land and industrial capital.” Seeing that capital is the exploiting form of wealth, and that the capitalist is capital personified, I should like to know from Mr. Anderson …
Read more “Jottings”
Under the heading “Protection against Socialism” the “Globe” prints the following : “The management of the Essen Railway, in order to counteract the attempts of Socialists to convert to their cause the employees on the system, have submitted to every man in their service a written communication, warning them that the introduction of Socialistic literature …
Read more “A Socialist Survey”
Ways to fix capitalism (that don’t work) Universal Basic Income This is the reform to capitalism under which the state would pay each of its citizens an unconditional minimum income. The ‘right’ favour it to take the place of free and subsidised services provided to the poor; they want to give them instead the money …
Read more “Fixes that don’t work”