During Socialist transition some workers were in more mechanised workplaces than others, some less rationally organised or working with less up to date equipment etc. So the same product(s) produced from different locations could not at this time be directly exchanged with other products solely on the basis of the number of hours worked.
How to run industry and finance without capitalism was one of the things the Bolsheviks learned how to do in the Soviet Union after the October Revolution – and we can learn something from studying how they did it.
Naomi Klein, author of The Shock Doctrine and No Logo, has written another challenging book. In this one, the Canadian author and journalist shows how capitalism is destroying our environment.
In an act of supreme irony, the US, France, Italy, Germany, Spain and Britain have said the forces of disruption “will not be allowed to condemn Libya to chaos and extremism”.
The government has made great play of naming and shaming employers who fail to pay the minimum wage. Yet just 92 employers have been prosecuted over the past two years
London has tens of thousands of “safe deposit boxes” positioned on its public streets – houses and flats bought for investment but untenanted.
22 February 2015
Britain’s repressive role in the world remains for many a hidden history. One such episode occurred in Greece, after that country had been liberated from the Nazis…
22 February 2015
For all the SNP’s talk of being a party that puts money into public services, statistics show that teacher numbers and college places have both fallen under its rule.
22 February 2015
THE NHS in England is now advertising across the private sector in the European Union to sell off the “back office” or administrative functions of GP practices.
22 February 2015
Tax avoidance has been much in the news. That it happens is no surprise to workers – but the extent to which it is engrained in our economic system might be.
22 February 2015
A worried EU Commissioner for Trade Cecilia Malmström paid a visit to London on 16 February. The successful signing off of TTIP is a priority for Malmström’s boss, EU president Jean-Claude Juncker, but he has handed her a poisoned chalice.
18 February 2015
The TUC’s “Fair Pay Fortnight” runs from 16 February to 1 March, supposedly a time for Britain’s trade unions to campaign over Britain’s depressed wage rates. But it seems a muted campaign.
