Newly revealed documents reveal that MI5 taught Brazilian secret police the techniques deployed by the 1964-85 military dictatorship in horrific prisons like Rio de Janeiro’s House of Death. SARA VIVACQUA reports
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What’s the difference between ‘absolute’ and ‘relative’ surplus value?
The MARX MEMORIAL LIBRARY unpicks the two principal ways in which capitalists maximise the difference between what they put into the workplace and workforce – and the much greater profits they get out
PERFECTLY ILLUSTRATED: Unionised GMB workers rally outside the Amazon fulfilment centre in Coventry during a strike in January 2023
CHRISTOPHE DOMEC speaks to the France Insoumise politician facing constant persecution from French authorities
It can be hard to discern conspiracy theory from reality and under the Trump regime the two might just be the same thing, writes Linda Pentz Gunter
ALAN SIMPSON says responses to the Golders Green attacks risk deepening divides across our country
Capturing the general strikes history is a vital part of our struggles today, posits HENRY FOWLER
On a tumultuous day in Welsh politics DAVID NICHOLSON looks at the key issues for progressives in Wales to grapple with the rise of the far right
LET’S start with a recap on “surplus value.” Before Marx, economists recognised the key importance of work — a distinctive feature of our species — to the creation of everything that humans need to survive.
What Marx added is the recognition that under capitalism, in “selling” labour power (their capacity to work) to any employer, workers receive less than the value they produce.
The difference — “surplus value” — is taken by the owners of capital, some of which is invested in more capital (“capital accumulation”) enabling them to extract more surplus value; for the capitalist, this is a virtuous cycle, underlying the extraordinary dynamism of capitalism.
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MARTIN GRAHAM welcomes, with reservations, a scholarly addition to the unfinished business of understanding how capital works on a world scale
The selection, analysis and interpretation of historical ‘facts’ always takes place within a paradigm, a model of how the world works. That’s why history is always a battleground, declares the Marx Memorial Library
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