Only a few years ago, the economic “experts” quoted in the commercial media were assuring us that major recessions were a thing of the past. The economists had figured out how to manage the economy, and as long as governments followed their advice, there would be nothing more serious than the occasional statistical blip. Then the real world intruded.
Theory & History
Issue 14 - August 2009
Issue 13 - July 2009
Che Guevara: The Economics of Revolution
By Helen Yaffe
Palgrave Macmillan, 354 pp. $59.95
Last month was the 40th anniversary of the Stonewall uprising in Greenwich Village, New York City, when, for the first time in US history, gay men and lesbians fought back against government-sponsored persecution.
Marxists believe that a revolution is necessary to open the road to socialism. But what does a revolution actually consist of? Advertisers and capitalist politicians would have us think a revolution is a pretty ordinary event, with their talk of “a revolutionary new soap powder” or an “education revolution”. The reality is quite different.
Issue 12 - June 2009
It is meaningful to modify the word “democracy” with a word such as “capitalist” or “workers” because democracy always has a social content, specifically a class content. Democracy is a system of class rule, in which one class advances its own interests at the expense of another class.
Issue 11 - May 2009
Forty years ago, on May 19, 1969, Victorian tramway workers union secretary Clarrie O’Shea was jailed for refusing to obey a court order that his union pay $8100 in fines under the penal sections of the Conciliation and Arbitration Act.
Issue 10 - April 2009
Today the state is so all-pervasive in nearly everyone’s life that it can be difficult to imagine a society in which it didn’t exist. But there have been societies without a state, and Marxists expect that there will be another in the future. The state is an organisation that seems to stand above society and regulate its operations and mutual relations.
Issue 9 - March 2009
Building the Revolutionary Party. Jim Percy Selected Writings 1980-87. Resistance Books, 2008
Traditions, Lessons and Socialist Perspectives. By Jim Percy. New Course Publications, 1994
Milk
Runtime: 128 minutes
Directed by Gus Van Sant
Written by Dustin Lance Black
Starring Sean Penn, James Franco and Josh Brolin
Nationalism is the belief that the members of a nation share common interests that are different from the interests of other nations and different from the interests of the human race as a whole.
Issue 8 - February 2009
Havana – Many had hoped former Cuban president Fidel Castro would make a surprise public appearance at the January 1 late afternoon event in Santiago de Cuba to commemorate the 50th anniversary of the triumph of the Cuban Revolution. But as expected, it was Fidel’s brother, Revolutionary Armed Forces minister and current Cuban President Raul Castro, who gave the keynote speech.
On January 1, Cuba’s working people celebrated 50 years of freedom from imperialist rule.
[The following are excerpts from a chapter of US socialist Barry Sheppard’s forthcoming second volume of a political memoir of his time as a central leader of the US Socialist Workers Party and earlier of its youth group, the Young Socialist Alliance. The full chapter can be read (in PDF format) at http://www.socialistvoice.ca.
Che: Part One (The Argentine)
Runtime: 126 minutes
Che: Part Two (Guerrilla)
Runtime: 131 minutes
Directed by Steven Soderbergh
Written by Peter Buchman, based on the writings of Che Guevara
Starring Benicio del Toro, Demian Bichir and Catalina Sandino Moreno
Australian release date unknown
The winners of capitalist competition tend to become monopolies. Monopolies, in turn, reverse the character of capitalist investment. When there was widespread competition in an industry, there was great pressure on each company to reinvest its profits in order not to be left behind technologically and thus to lose out.
Issue 7 - December 2008
“The severity of this economic contraction is a once-in-a-hundred-year phenomenon. It really does compare in severity to the Depression of the late 1920s and through the ’30s”, Donald Brean, a professor of finance and economics at the Rotman School of Management at the University of Toronto, told the November 11 London Financial Times.
Thirty years ago, at the end of December 1978, Vietnamese troops and rebel Cambodian forces crossed into Cambodia and in a few weeks overthrew a regime whose savagery rivalled that of Nazi Germany.
Chicago 10: Speak Your Peace
Written and directed by Brett Morgen
Limited release as part of the Australian International Human Rights Film and Arts Festival.
Visit www.hraff.org.au for details.
On January 1 Cuba’s working people will celebrate 50 years of freedom from imperialist rule.
In its earliest stages, capitalism necessarily began from what was provided by the feudal economy that preceded it. This was primarily an extremely low level of productivity, based mostly on very simple tools and producers (peasants and artisans) with few skills.
The visit of Pope Benedict XVI to Sydney in July for the Catholic World Youth Day festival has focused attention on the relevance of religion in the 21st century. One of the most bizarre spectacles of the 400,000-strong event was the grisly worship of the 83-year-old corpse of Italian Catholic Pier Giorgio Frassati, flown in for the festival.
Issue 6 - November 2008
If you listen to capitalist economists, media commentators or major party politicians, two things you will always find treated with reverence are private property and free markets. These, we are told, are essential not only to economic progress but even to “democracy” and “freedom”. US presidents have used these holy concepts as justification for threatening, or launching, wars.
Issue 5 - October 2008
On October 9, millions throughout the world will commemorate the 41st anniversary of the assassination of Ernesto “Che” Guevara. Che was central to the victory of the Cuban revolution of January 1, 1959. Since then his role and contribution to socialism in Cuba and to socialist understanding have been reflected upon and admired by millions of revolutionaries around the world.
[The following article is based upon a Direct Action forum held in Melbourne on September 26.]
Contrary to what some ideologues would like us to believe, the economic arrangements we know as capitalism are not of long standing. Capitalism arose fairly recently in history (in the late mediaeval period), in a particular place (western Europe, mainly in Flanders and England).