‘Why Do You Indians Always Live in the Past?’

by Mike Taylor

So, I recently took down my Facebook page. About a third of my many friends were Indians from various reservations around me; most of these had never gotten past their GED. The rest were white Mormons and white non-Mormons from Utah. This was an educated group and also a rather vocal one, constantly expressing their opinions on my Facebook wall and debating/arguing with other posters like themselves. The Indians, on the other hand, sent me frequent private messages, jokes and invites to join them for various parties, dinners and events on the rez but rarely posted publicly on my wall, although most of them keenly followed what one of them called the “white discussions.”

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One day, one of my Facebook friends ran into me on campus. He asked me, “Why do you always live in the past?” Continue reading

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Vietnam, Venezuela Sign Co-operation Projects

Nhan Dan

Several Vietnamese and Venezuelan agencies and businesses signed a number of co-operation agreements, contracts and memoranda of understanding at the second session of the Vietnamese-Venezuelan Inter-governmental Committee that concluded in Caracas, Venezuela on April 20.

The second session of the Vietnamese-Venezuelan Inter-governmental Committee 

Under the agreements, Vietnam will supply solar power generating stations, solar powered kettles, public lighting systems, technical assistance and equipment for exploration of the Junin 2 oil field by the joint venture PetroMacareo.

The newly signed contracts also include the expansion of a cultural exchange programme for the 2012 – 2015 period, which will focus on the theatre, cinema and publishing. Continue reading

The Nature and Growth of Capital: Wage Labour and Capital

by Karl Marx

Capital consists of raw materials, instruments of labour, and means of subsistence of all kinds, which are employed in producing new raw materials, new instruments, and new means of subsistence. All these components of capital are created by labour, products of labour, accumulated labour. Accumulated labour that serves as a means to new production is capital.

So say the economists.

What is a Negro slave? A man of the black race. The one explanation is worthy of the other.

A Negro is a Negro. Only under certain conditions does he become a slave. A cotton-spinning machine is a machine for spinning cotton. Only under certain conditions does it become capital. Torn away from these conditions, it is as little capital as gold is itself money, or sugar is the price of sugar. Continue reading

What are Wages? How are they Determined?: Wage Labour and Capital

If several workmen were to be asked: “How much wages do you get?”, one would reply, “I get two shillings a day”, and so on. According to the different branches of industry in which they are employed, they would mention different sums of money that they receive from their respective employers for the completion of a certain task; for example, for weaving a yard of linen, or for setting a page of type. Despite the variety of their statements, they would all agree upon one point: that wages are the amount of money which the capitalist pays for a certain period of work or for a certain amount of work.

Consequently, it appears that the capitalist buys their labour with money, and that for money they sell him their labour. But this is merely an illusion. Continue reading