Capitalism: A Ghost Story

by Arundhati Roy

Rockefeller to Mandela, Vedanta to Anna Hazare…. How long can the cardinals of corporate gospel buy up our protests?

CORBIS (FROM OUTLOOK, MARCH 26, 2012)

Antilla the Hun Mukesh Ambani’s 27-storey home on Altamont Road. Its bright lights, say the neighbours, have stolen the night.

Is it a house or a home? A temple to the new India, or a warehouse for its ghosts? Ever since Antilla arrived on Altamont Road in Mumbai, exuding mystery and quiet menace, things have not been the same. “Here we are,” the friend who took me there said, “Pay your respects to our new Ruler.”

Antilla belongs to India’s richest man, Mukesh Ambani. I had read about this most expensive dwelling ever built, the twenty-seven floors, three helipads, nine lifts, hanging gardens, ballrooms, weather rooms, gymnasiums, six floors of parking, and the six hundred servants. Nothing had prepared me for the vertical lawn—a soaring, 27-storey-high wall of grass attached to a vast metal grid. The grass was dry in patches; bits had fallen off in neat rectangles. Clearly, Trickledown hadn’t worked. Continue reading

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Relation of Wage-Labour to Capital: Wage Labour and Capital

by Karl Marx

What is it that takes place in the exchange between the capitalist and the wage-labourer?

The labourer receives means of subsistence in exchange for his labour-power; the capitalist receives, in exchange for his means of subsistence, labour, the productive activity of the labourer, the creative force by which the worker not only replaces what he consumes, but also gives to the accumulated labour a greater value than it previously possessed. The labourer gets from the capitalist a portion of the existing means of subsistence. For what purpose do these means of subsistence serve him? For immediate consumption. But as soon as I consume means of subsistence, they are irrevocably lost to me, unless I employ the time during which these means sustain my life in producing new means of subsistence, in creating by my labour new values in place of the values lost in consumption. But it is just this noble reproductive power that the labourer surrenders to the capitalist in exchange for means of subsistence received. Consequently, he has lost it for himself. Continue reading

Announcing the Launching of the Red Hammer – A Forum for All Young Communists in Hamilton!

Greetings from the executive committee of YCL Hamilton!

We are an organization of revolutionary, democratic, socialist youth guided by Marxist-Leninist ideology in Hamilton, Ontario. Our goal is the overthrow of all oppressive forces in Canada and the creation of a new society based on equality, peace, social justice and the dignity of all human beings.

To this end, we strive always to build mass organizations and mobilize all youth to fight for the abolition of tuition fees, more funding for post-secondary education, employment prospects for all youth in Canada, and the democratic participation of all youth in Canada in the country’s social, political, and economic life.

We fight for the full emancipation of youth, students, women, the LGBTQ community, First Nations and indigenous communities, Francophones and the Quebecois nation, immigrants, religious minorities, visible minorities, migrant workers – in short, all oppressed people, from the yoke of capital and imperialism.

We strive to build solidarity between all those who share our goal of a peaceful, prosperous and democratic Canada founded on socialist principles and working always toward the goal of a stateless, classless society – a communist society!

We strive always to uphold the principle of internationalism and vigourously oppose all forms of discrimination, xenophobia, racism and imperialism. We believe in the right of all peoples to self-determination.

In the name of all the democratic and revolutionary youth of Hamilton, Canada, and all of the world, we invite you to join us in our unrelenting battle against capitalism and the forces of reaction. Get in touch with YCL Hamilton today and rise up!

YCL – give ’em hell!