Marxism 2009

Here is the final timetable for Marxism 2009 with full details of speakers and meetings.

If you are looking to attend some of these workshops and meetings here is some useful information. Continue reading

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What Is Exploitation?

The term “exploitation” typically conjures up images of horrendous working conditions, perhaps sweatshops in China or India, or the child labour used by Western clothes manufacturers. We think of people working long hours for little pay in terrible conditions ruthlessly bullied by unscrupulous bosses or gangmasters.

Such “exploitation” is presented to us as exceptional – and contrasted with the “normality” of working life for most people, particularly in countries such as Britain.

Karl Marx had a different understanding of exploitation. Rather than seeing it as exceptional, he argued that exploitation is fundamental to capitalism.

For Marx, exploitation was not just about the level of wages received, or working conditions, but was the very process whereby capitalism creates profit out of the work we do.

In order to understand what Marx meant by exploitation we need to start with his explanation of where profits ultimately come from – the “labour theory of value”. Continue reading

Socialism in a nutshell

In a socialist society the means of production [1] are owned by the workers rather than by a rich minority of capitalists or functionaries. Such a system of ownership is both collective and individual in nature. Continue reading