Profit is not a “gift of capital,” and does not rely on investment. Profits can be generated out of the exploitation of labor power without further investment, and indeed, that is what we can see now in the expansion of ‘fictitious capital’ at the expense of productive investment.
After rejecting a second contract offer, Volvo workers at the Mack and Volvo Truck of North America manufacturing plant in Dublin, Virginia are on strike again. They say that this time they are not going back until a new contract is ratified.
Protests began in the working-class districts of Sidi Hassine and Séjoumi in Tunis, Tunisia, after a young man died in police custody and videos of police beating a minor went viral on social media. Police violence is endemic in Tunisia, and the masses suffer unemployment, poverty, and misery a decade after the fall of Zine el-Abidine Ben Ali’s regime and the beginning of the Arab Spring.
During Pride month, we remember and celebrate the Stonewall uprising led by trans women of color against the police. Around the world, from Myanmar
On Zionist Flag March Day, marchers chant “Death to Arabs” and Israel drops more bombs on Gaza.
On Sunday, Benjamin Netanyahu’s reign as Israeli prime minister ended. But for the Palestinian people, the new government under Naftali Bennett will mean more of the same brutal repression, occupation, and apartheid.
Native water protectors in Minnesota are waging a battle against the Line 3 pipeline construction which violates their treaties and threatens the environment.
Workers at the on-demand grocery delivery service Gorillas have gone on a wildcat strike. They have been blocking warehouses after one of their colleagues was fired. This is an intense, exemplary struggle that demands international attention.
The group of world leaders will launch an infrastructure plan directed at poor countries in an effort to compete with Beijing’s growing influence.
On June 8, protesters gathered outside the Bergen County Jail in Hackensack, New Jersey to stop two deportations. Their successful action has the cops retaliating.
The German government has made international headlines with its public “gestures of reconciliation” for the genocide of tens of thousands of West Africans in the early 1900s. Representatives of the Herero and Nama peoples are rejecting the deal, saying it comes nowhere close to addressing the effects of Germany’s long history of colonial exploitation in the region.
The New Anticapitalist Party (NPA) in France is in crisis, as the leadership attempts to kick out the principal left-wing opposition. This is important for the international Left — but not necessarily easy to understand. An FAQ about the NPA’s crisis.
Far-right terrorism is an ongoing phenomenon in Germany, with a new revelation every week about soldiers and cops. The government largely turns a blind eye, proposing as the solution to give the police even more funding.
This Sunday, midterm elections are taking place in Mexico. President Andrés Manuel López Obrador, better known as AMLO, has been governing the country for three years. Despite his progressive image, he was a close ally of Trump. Certain socialists are nonetheless supporting AMLO.
As the Israeli army committed another massacre in Gaza, there were anti-war protests in Tel Aviv, but much of Israeli society supports the war and the occupation. Socialists are debating if anything can be expected from the working class in Israel. Revolutionary politics need to oppose imperialism, but still fight for a class perspective.
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