Capitalism Must Die! A Series in Parts: Part 18
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Back at the start, the surplus value has to be reinvested. Only through expansion can each company gain a competitive edge over all the others. For capitalism as a whole to function in a reasonably stable way, and for everyone to stay ahead of their interest payments, it must grow about 3% annually. So the [...]
Competition drives technological development as each capitalist pursues ever-increasing efficiency and speed. They automate their factories to minimize the number of workers and to stay ahead of one another. […]
After a short hiatus, the “Capitalism Must Die!” series is back. Other capitalists are running this same cycle at the same time. All their commodities flow into the marketplace. Competition is the major economic driving force of capitalism. […]
By Stephanie McMillan Our worst nightmares reverberate with the prediction of respected scientist James Hansen: if we don’t stop TransCanada’s Keystone XL pipeline, then it’s “game over” for stabilizing the climate. With final US governmental approval (or not) to complete the pipeline looming, struggle over it is intensifying. In late January, representatives from more than 25 First Nations [...]
Garment Workers in Haiti Fight Exploitation Students Resist FAU Selling Out to Private Prison Exploitation in Fashion U.S. and Military Keynesianism in the Middle East Translating the Language of Imperialism Stop the Keystone XL Pipeline Stop Earning This Huge Profit on Blood The Solidarity Center: Labor Imperialism An Interview with a Batay Ouvriye Organizer Wage [...]
By Kaveh U.S. political involvement, covert and overt, dates back to 1953 (Kinzer, 2005). In addition to coups, plots of assassination, and secret operations, comes American contribution to the export and sales of arms to local governments, Egypt, Turkey, Israel, Saudi Arabia, Iraq, etc… and direct military involvement with the establishment of bases, invasion and [...]