Karl Marx: More Right and more Relevant than ever! The Communist Manifesto opens with the lines, "A spectre is haunting Europe." Over 160 years later it appears that the spectre of Marxism is as potent as ever, with supporters and detractors increasing daily. Why is it that an old German philosophy student, buried over 100 years ago in Highgate cemetery in London, excites such controversy?
4th August 1914: The Great Betrayal and Collapse of the Second International This year marks not only 100 years since the outbreak of the First World War, but it also marks the centenary of another debacle: the collapse of the Second International, the international body that brought under its banner all the mass workers’ parties.
The puzzle of productive and unproductive labour In their desperate search for profitable fields of investment, the capitalist class, especially the financial oligarchy, has presided over an explosive growth of unproductive expenditure that today threatens to undermine the very edifice of capitalism. As more and more surplus value is siphoned off into unproductive activities, the issue of “productive” and “unproductive” labour has once again resurfaced as a factor contributing to, and a reflection of, the present terminal decline of world capitalism.