General secretary of the General Federation of Trade Unions GAWAIN LITTLE calls for support and participation in the national partnership organised to celebrate the 100th anniversary of the 1926 general strike
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What is ‘market socialism’?
Social ownership and democratic control of the means of production, distribution and exchange needs to include effective feedback mechanisms to ensure that output and demand are in balance, writes the Marx Memorial Library
China considers itself a socialist country but has embraced markets and globe-spanning chains like McDonald’s Pic: Martin Lewison/cc
After brutal police crackdowns on pensioners and the forced approval of secret IMF deals, trade unions are finally responding to grassroots pressure and fighting back against savage neoliberal reforms, reports BERT SCHOUWENBURG
Bizarrely, Trump’s latest attacks now include the National Zoo, but his real and racist agenda is to strip everything black from the country’s cultural institutions, writes LINDA PENTZ GUNTER
The transformation of a stable secular state into a fractured ruin largely ruled by Western-backed fundamentalists exposes the hollow nature of ‘multipolarity’ and the absence of principled anti-imperialism today, writes ZOLTAN ZIGEDY
Facing economic turmoil, Jim Callaghan’s government rejected Tony Benn’s alternative economic strategy in favour of cuts that paved the way for Thatcherism — and the cuts-loving Labour of the present era, writes KEITH FLETT
The economic value of disability benefits far outweighs their cost, argues Dr DYLAN MURPHY
As tensions rise in the Middle East, the role of Iran in the region’s political balance becomes ever more significant. STEVE BISHOP assesses the current situation
ON THE face of it, “market socialism” may seem a contradiction in terms.
Capitalism is sometimes characterised as a “market” economy in which supply and demand regulate prices so that production and consumption remain in balance.
The reality of course is that it is a dysfunctional system, hugely exploitative of people and our planet and today dominated by multinational companies and financial institutions. It’s anything but a “free market.”
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