The UK Prime Minister may have the regal touch in northern England, but he’s been wrong-footed on the constitutional challenges posed by the Celtic Alliance of first ministers from Scotland, Wales and Northern Ireland, argues KENNY MacASKILL
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
NEIRLAY ANDRADE, a member of the Communist Party of Venezuela’s political committee, outlines her party’s position on the crisis facing the country
A look at Taylor Wimpey’s accounts shows why Labour’s market-led housing strategy won’t deliver more, cheaper homes, as promised, says SOLOMON HUGHES
DAVID HORSLEY remembers the remarkable life and death of US black revolutionary George Jackson, whose politically passionate prison letters were published as Soledad Brother
Cuban trade union federation CTC leader OSNAY MIGUEL COLINA speaks to Ben Chacko about life and work under a crippling US siege
A part of the British empire’s network of slavery, today the Caribbean island of Nevis faces a new form of exploitation in the form of crypto-colonialism, CLAUDIA WEBBE writes
Challenges from the unscrupulous misuse of AI to steal actors’ voice and physical likenesses is being met with a firm union response, writes LYNDA ROOKE
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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Class struggle is the motor of history but the direction and detail of change at any time and place is the outcome of many factors, suggests the Marx Memorial Library and Workers’ School
Dignity is important to all humans, argues the Marx Memorial Library and Workers’ School, but it does not come about automatically. In a less than perfect world, dignity can accompany suffering, but the collective dignity of working people is achieved through acting together to change the world.
Nature as well as society works dialectically, asserts the Marx Memorial Library and Workers’ School
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