Wages, productivity and the rate of exploitation: Some concrete examples

Michael Pröbsting 1 August, 2023 First published at TheCommunists.net. The latest edition of the ILO’s Global Wage Report contains a number of interesting figures which demonstrate how the bosses are offloading the consequences of the capitalist crisis on the shoulders of the working class. The study shows, among others, that the real wages are more or less stagnating while the capitalists force the workers to produce more and more commodities. [1] Karl Marx explained in Capital Vol. 1 that the working day of a worker can basically be divided in two parts. One portion which he…

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Venezuela: Politics of the commons — The open-ended history of communes

Reinaldo Iturriza López 10 August, 2023 First published at Venezuela Analysis. The history of the Communes is the history of the organization of the working class. But not the working class in an abstract sense, but that of the really existing one in a specific historical moment. Both the available documentary record and the testimony of organizers allow us to conclude that Hugo Chávez, and certainly the most astute members of the Bolivarian movement, fully understood the need, to unite and organize, to interpellate and be interpellated by what Chávez then referred to…

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Twenty-first century imperialism, multipolarity and capitalism’s ‘final crisis’

John Smith & Federico Fuentes 1 August, 2023 As the author of Imperialism in the Twenty-First Century: Globalization, Super-Exploitation, and Capitalism’s Final Crisis, which won the first Paul A. Baran—Paul M. Sweezy Memorial Award for an original monograph concerned with the political economy of imperialism, few have spent as much time as John Smith thinking through the realities of global imperialism today. Smith has been an oil rig worker, bus driver, and telecommunications engineer. He is now a researcher and writer, as well as a longtime activist in the anti-war and…

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Video – New Witch Hunt Demonizes Peace with China

Vijay Prashad & Manolo de los Santos Seventy-five years ago, a witch hunt was launched in the United States against peace activists and leftists who opposed the growing danger of war with the Soviet Union. Today, as the United States has adopted major power conflict with China as its main military priority, and the danger of military confrontation with China grows, there is a new witch hunt against peace activists. But people are fighting back all around the globe. Brian Becker is joined by Manolo De Los Santos, the co-executive…

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