In Defence of Marx's Labour Theory of Value What is value? This question has perplexed the human mind for more than 2,000 years. The classical bourgeois economists grappled with the question, as did Marx. After much deliberation, they correctly concluded that labour was the source of value. This idea then became a cornerstone of bourgeois political economy, beginning with Adam Smith. On this question, there was common ground between Marx and the classical bourgeois economists.
Britain: 30 years on: Scargill was right - we were right! Friday 3rd January saw the release of previously secret Cabinet documents from the Tory government relating to the Great Miners’ Strike of 1984 – 85. The BBC news website stated “Newly released cabinet papers from 1984 reveal mineworkers' union leader Arthur Scargill may have been right to claim there was a "secret hit-list" of more than 70 pits marked for closure.”
2014 and the ghosts of 1914 As the New Year dawns, memories are reawakening of another New Year, exactly a century ago, the dawn of 1914 when millions of people were drifting towards the abyss as if in a dream.
