Category Archives: Economics

THE CORONA VIRUS PANDEMIC – 2

Capitalism and health-care. In Corona Virus Pandemic – 1, it was briefly pointed out how global supply chains on the ‘just in time’ basis both extended the range of potential epidemics and accelerated the speed of their spread across the … Continue reading

Posted in Critique, Economics, neo-liberalism | Tagged , , | Leave a comment

BEGINNERS GUIDE 17.

On Co-operation. In guide 15, it was pointed out that in the 19th and 20th centuries, even the pro-capitalist elites were compelled to create numerous non-profit institutions and organisations. This was because private enterprises were not adequate vehicles for maintaining … Continue reading

Posted in Anti-Capitalism, co-operation, Critique, Ecological damage., Economics, neo-liberalism | Tagged , , , | Leave a comment

“HOW DARE YOU!”

A tribute to the Greta Thunberg generation. “How dare you!” These are the words that rang out from the voice of 16 year old Greta Thunberg at the recent (September 2019) Youth Climate Summit. Her words were being hurled at … Continue reading

Posted in Anti-Capitalism, Ecological damage., Economics, Revolutionary-Humanism | Tagged , , | 2 Comments

BEGINNERS GUIDE – 4.

On Finance-Capital. In beginners guide 3 (On Capitalism) the source of the profit on productive capital was traced to the surplus-labour performed by working people during an unpaid part of each working day. This unpaid surplus-labour yields a monetary value … Continue reading

Posted in Anti-Capitalism, capitalism, Critique, Economics, Finance, neo-liberalism, Revolutionary-Humanism | Leave a comment

BEGINNERS GUIDE – 3.

On Capitalism. The mode of production now dominating global economic activity is known as capitalism. This particular mode began to dominate societies when the main means of production passed from the owners of large tracts of land (feudal aristocrats) to … Continue reading

Posted in Anti-Capitalism, Economics, Revolutionary-Humanism | Tagged , | Leave a comment

CAPITALISM AND DEMOCRACY.

[Democracy: “…a situation in which everyone is treated equally”. A process: .”..relating to or… available to the broad masses of the people.” Websters Dictionary] Democracy under Capitalism. Much play is made by the political class (and many other pro-capitalists) concerning … Continue reading

Posted in capitalism, Critique, Economics, Marx, neo-liberalism, Politics | Tagged , , , , | 6 Comments

HAPPY BIRTHDAY DEAR KARL!

This month, two hundred years ago, (actually on 5 May 1818), Karl Marx was born. And as is usual on any date connected with Marx, a spate of articles by so-called ‘experts’ appeared in periodicals and papers assessing Marx’s contribution … Continue reading

Posted in Anti-Capitalism, capitalism, Critique, Ecological damage., Economics, Finance, Marx, Politics, Sectarianism | Tagged , , , | 6 Comments