{"id":156196,"date":"2018-11-04T00:58:50","date_gmt":"2018-11-04T00:58:50","guid":{"rendered":"https:\/\/www.worldsocialism.org\/spgb\/?page_id=156196"},"modified":"2024-04-12T11:48:15","modified_gmt":"2024-04-12T10:48:15","slug":"economics","status":"publish","type":"page","link":"https:\/\/www.worldsocialism.org\/spgb\/publications\/economics\/","title":{"rendered":"Economics"},"content":{"rendered":"
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Economics: Frequently Asked Questions<\/a><\/dt>\n<\/dl>\n

Questions about capitalism answered.<\/p>\n

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Why Profit Gets Priority<\/a><\/dt>\n<\/dl>\n

A straightforward explanation of why the profit motive is paramount in today’s society.<\/p>\n

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Economists\u2014Not on This Planet<\/a><\/dt>\n<\/dl>\n

Why economists present a narrow and misleading view of the world.<\/p>\n

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Where Do Profits Come From?<\/a><\/dt>\n<\/dl>\n

A clear definition of profit. How government statistics show that profit is made at the expense of the working class majority.<\/p>\n

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Booms and Slumps\u2014What Causes Them?<\/a><\/dt>\n<\/dl>\n

In 1821, the highly respected bourgeois economist David Ricardo stated that overproduction is impossible under capitalism. Regular economic slumps have occurred ever since\u2014and what has been their cause?<\/p>\n

The Taxation Myth<\/strong><\/a><\/p>\n

When capitalist political parties are in disagreement, the issue of taxation often looms large. Should income tax be reduced or increased? What should be done about local government taxation? Why all the fuss about taxation\u2014is it so important?<\/p>\n

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Introduction to Marxian Economics 1: The Labour Theory of Value<\/a><\/dt>\n<\/dl>\n

A summary of Marx’s explanation of wages, prices, profit and commodities.<\/p>\n

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Introduction to Marxian Economics 2: The Rate of Profit<\/a><\/dt>\n<\/dl>\n

Marx’s analysis of long term trends in the rate of profit.<\/p>\n

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Money Screws You Up<\/a><\/dt>\n<\/dl>\n

How the market system take over our lives.<\/p>\n

Socialism and Calculation<\/strong><\/a><\/p>\n

To advocate monetary calculation, is to advocate that only one consideration should be taken into account when making decisions about which productive methods to employ.<\/p>\n

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\u2b9c In depth articles<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Economics: Frequently Asked Questions Questions about capitalism answered. Why Profit Gets Priority A straightforward explanation of why the profit motive is paramount in today’s society. Economists\u2014Not on This Planet Why economists present a narrow and misleading view of the world. Where Do Profits Come From? A clear definition of profit. How government statistics show that … <\/p>\n

Read more “Economics”<\/span><\/a><\/p>\n","protected":false},"author":2282,"featured_media":0,"parent":4915,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"class_list":["post-156196","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/pages\/156196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/users\/2282"}],"replies":[{"embeddable":true,"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/comments?post=156196"}],"version-history":[{"count":18,"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/pages\/156196\/revisions"}],"predecessor-version":[{"id":251565,"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/pages\/156196\/revisions\/251565"}],"up":[{"embeddable":true,"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/pages\/4915"}],"wp:attachment":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/media?parent=156196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}