PUT THE POLITICIANS ON THE MINIMUM WAGE AND WATCH HOW FAST THINGS CHANGE
Civilisation has operated in two ways - To make one part of society more affluent and the other more wretched than would have been the lot of either in a natural state
There are Natural Rights and Civil Rights. Life, Liberty and the Pursuit of Happiness
Where Our Power to Execute Our Natural Rights is Perfect, Government has No Legitimate Jurisdiction
When the Forces for War are Greater than the Forces for Peace   Then the World is in Danger
Politics is not a Dirty Word. It is a Way of Life. How is Your Way of Life Today ?

We’re all Socialists Now … Hmmmmm.

POLITICAL ECONOMY


Karl Marx never described how Socialism would emerge..

 

The Radical –

18th Oct.2016-

 

….from a capitalist society,

 

 

but just as Primitive Communism where communities shared in common lasted for

 

two and a half thousand years when agricultural advances led to a surplus of

 

commodities and the advent of private property, as Engels describes,

 

when the producers no longer directly consumed their produce,

 

but let it go out of their hands they lost control of it,

 

and the product might be turned against the producer,

 

used as a means of exploiting and oppressing them,

 

then a Slave Civilisation could develop,

 

which in turn was was broken up in the Ancient World

 

and replaced by a Feudal one because the Roman Empire not only ran out of slaves,

 

but was shaken by periodical slave revolts.

Rotten by internal decay the Roman Empire was finally destroyed by invasion

 

and the Teutons and serfdoms emerged on great agricultural estates

 

leading to warrior aristocracies and the slave was replaced by the serf.

David Pavett may also read all about it in www.peopleinhistory.co.uk


A serf stood half way between the slave and the free man …..

This Feudal society was constantly changing into a new form of society.

Marx was the first to reveal that the underlying cause of the social change in the

 

forces of production, which are twofold in character,

 

that is instruments used and the people who use them.

 

This is the reason and cause of social revolution.

 

The key to scientific understanding of history.

 

As the forces of production change, Marx said,  are restricted and come into

 

conflict with social relations, within which they are developing.

 

 

The old society holds back the new, the class that is rising to power

 

comes into conflict with the class that holds power.

 

The hampering of development of the exploited class becomes apparent

 

in more open and more violent clashes of class forces.

 

Only by revolution and the new social relations that it brings into being

 

can the new forces be freed.

“Then comes the period of social revolution”

 

 

CAPITALISM

Three main features give capitalism its essential character:-

 

Wealth concentrated in the hands of a few – capitalist

Wide masses of the people having no means of getting a living except by selling their power to work for wages – proletariat

Virtually all production is not for the personal use of the producer, but for exchange, for sale, on the market.

 

Goods produced for exchange are termed…. commodities or ….commodity production.

 

The Commodity – ” The Seed of Capitalism”
Use Values
Commodities-are products of Labour
Exchange values – determined by Labour
The Common property is Labour
Marxist economic theory of Value
How the Law of Value works – Supply and Demand
Value Appears in Exchange
Money – A Generally Exchangeable Value
Why precious Metals came into use as Money
Abstrac and Concrete Labour
Skilled and Unskilled Labour
Price and Value
Causes of Price Change
The Process of Circulation
Money as a S tore of Value
Money as Capital
Token Money
Money as a Means of Payment
Gold as World Money
Hoarding
Capitalism as a successor to Feudalism
Exploitation – Profit
Capital and Accumulation
Distribution of Surplus Value
Rent and Capitalism in Agriculture
Reproduction of Capital and Crisis
Imperialism
The National Product and its Distribution
Stagnation of capitalism
The neglect of change and development

 

Capitalists speak of capitalist conditions as though they were true of all time,

 

that they had always existed and must always exist.

History shows change and development of nature

 

as the result of opposed forces in nature

DIALECTICAL MATERIALISM

    the Marxist theory (adopted as the official philosophy of the Soviet communists) that political and historical events result from the conflict of social forces and are interpretable as a series of contradictions and their solutions.

 The conflict is seen as caused by material needs.

 

Political Economy – The Law of motion of society

Marxist theory serves only as a guide to actions of the Working Class to overthrow capitalism

It does not merely explain that class struggle is the agent of of social change;

 

it arms the working class for action to change society,

 

it arms the political leaders of the working class with resolute conviction based on scientific knowledge;

 

it enables the working class to advance in its  struggle to wrest power from the capitalist class.

In the first volume of Das Capital he said

 

” This, without doubt,

is the most terrific shell that has ever been fired at the head of the bourgeoisie.

The Study of Marxist theory is therefore essential to fight for socialism

What the bourgeoisie therefore produces, above all , are its own grave- diggers.

Its fall and the victory of the proletariat are equally inevitable.

 

SOCIALISM

The British Road to Socialism
Transition from Capitalism to Socialism
Socialism as a planned economy
The Machinery of planning
The Economic Laws of Socialist Production
The Application of the Law of Value
Wages in a Socialist Society
Money in a Socialist Society
Agriculture
Socialist Accumulation
Town and Country
The second Stage of Socialism – is Communism

Extracts from John Eaton ( A Marxist Textbook )

 

www.rightsandwrongs.co.uk

 

 

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