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Ecological economists, such as Herman E. Daly, stress that as the external costs of pollution and resource exhaustion are not included in Gross Domestic Product, we do not know whether an increase in GDP is a gain or a loss. External costs are huge and growing larger. Historically, manufacturing and industrial corporations, corporate farming, city…
Tag "capitalism"
In 1916, during the First World War, Lenin analyzed the reasons which led to the confrontation between the empires of his time. He wrote – Imperialism, the Highest Stage of Capitalism. In this book, he clarified his analysis – « Imperialism is capitalism which has arrived at a stage of its development where domination by monopolies…
Today’s youth are increasingly unhappy with the way their elders are running the world. Their ire was most recently expressed when thousands of teenagers and others across the country marched on March 24 demanding more gun control, a little over a month after more than a dozen of their peers were shot and killed at a high school in Parkland, Florida.…
If there is a founding document of social democracy it is Eduard Bernstein’s ‘Evolutionary Socialism’. Written in 1899, it taught the leaders of the Social Democratic Party of Germany (SPD) that capitalism had permanently stabilised; that socialism would be achieved through parliament – not the industrial class struggle – and that the working class of the…
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Hi comrades. All hail the scarlet banner. Class politics rules. It's curtains for capitalism. Clydebank,...
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