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.
If Bezos, Musk and Co. want to go “off Earth,” then let them. Our task is to ensure that at some point, when they come back, they’ll find the completely irrational, exploitative system of capitalism on which their obscene wealth was based has been dismantled and replaced with a socialist society.
It was the super-exploitation of poor Black labor that facilitated both the function of Tulsa as a whole and the Black Wall Street District. Neither could have existed without the presence of poor Black people. Yet, their presence is rarely acknowledged in the revisionist plot.
May Day, or International Workers Day, is celebrated every year around the world to honor the struggles of the generations of workers who fought against capitalist exploitation. Here we take a look at the one that started it all — the Haymarket uprising in Chicago, 1886.
A recent report revealed that the USPS has been secretly surveilling social media sites and reporting to the Department of Homeland Security. But the bourgeois function of the Post Office didn’t originate with online surveillance.
Private capital and sport for profit must be replaced by a real people’s sport, run by the people for the people.
This #AutismAcceptanceMonth, a Left Voice writer reflects on his experiences on the spectrum under capitalism.
In addition to the daily difficulties of long working hours, unemployment, inflation, domestic, and care work, the very high cost of food and rent, and poor transportation, we must add the increased stress caused by the pandemic. But capitalism also imposes another obligation: the obligation to be happy, which only worsens the situation.
Biden’s latest spending proposal marks a sharp shift away from the politics of austerity and reveals the depths of the interlocking crises faced by the United States.
This year, thousands of qualified physicians were prevented from practicing medicine due a shortage of training programs. The reason is primarily to bolster hospital profits and maintain high physician salaries.
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