The Bund, It’s Nationalism, It’s Separatism: Marxism and the National Question

by Joseph Stalin

We said above that Bauer, while granting the necessity of national autonomy for the Czechs, Poles, and so on, nevertheless opposes similar autonomy for the Jews. In answer to the question, “Should the working class demand autonomy for the Jewish people?” Bauer says that “national autonomy cannot be demanded by the Jewish workers.” According to Bauer, the reason is that “capitalist society makes it impossible for them (the Jews – J. St.) to continue as a nation.”

In brief, the Jewish nation is coming to an end, and hence there is nobody to demand national autonomy for. The Jews are being assimilated.

A demonstration of the General Jewish Labour Bund, 1917

This view of the fate of the Jews as a nation is not a new one. It was expressed by Marx as early as the ‘forties, in reference chiefly to the German Jews. It was repeated by Kautsky in 1903, in reference to the Russian Jews. It is now being repeated by Bauer in reference to the Austrian Jews, with the difference, however, that he denies not the present but the future of the Jewish nation.

Bauer explains the impossibility of preserving the existence of the Jews as a nation by the fact that “the Jews have no closed territory of settlement.” This explanation, in the main a correct one, does not however express the whole truth. Continue reading

The General Law that Determines the Rise and Fall of Wages and Profits: Wage Labour and Capital

by Karl Marx

We have said: “Wages are not a share of the worker in the commodities produced by him. Wages are that part of already existing commodities with which the capitalist buys a certain amount of productive labor-power.” But the capitalist must replace these wages out of the price for which he sells the product made by the worker; he must so replace it that, as a rule, there remains to him a surplus above the cost of production expended by him, that is, he must get a profit.

The selling price of the commodities produced by the worker is divided, from the point of view of the capitalist, into three parts:

First, the replacement of the price of the raw materials advanced by him, in addition to the replacement of the wear and tear of the tools, machines, and other instruments of labor likewise advanced by him;

Second, the replacement of the wages advanced; and

Third, the surplus leftover – i.e., the profit of the capitalist. Continue reading

By What Are Wages Determined?: Wage Labour and Capital

by Karl Marx

Now, the same general laws which regulate the price of commodities in general, naturally regulate wages, or the price of labour-power. Wages will now rise, now fall, according to the relation of supply and demand, according as competition shapes itself between the buyers of labour-power, the capitalists, and the sellers of labour-power, the workers. The fluctuations of wages correspond to the fluctuation in the price of commodities in general. But within the limits of these fluctuations the price of labour-power will be determined by the cost of production, by the labour-time necessary for production of this commodity: labour-power.

What, then, is the cost of production of labour-power? Continue reading

Corporate Taxes: Now Is Not the Time for Ontario to Cut Them

Toronto Star editorial

Low corporate tax rates didn't stop Caterpillar from fleeing London, Ont.

Low corporate tax rates didn’t stop Caterpillar from fleeing London, Ont. ERIC LALMAND/AFP/GETTY IMAGES

Ontario has a $16-billion deficit and since economic growth is projected to be slower than we’re used to, there is no easy way back to balance. No wonder public concern is mounting over how the Liberal government intends to raise revenues and reduce costs in its upcoming budget.

It’s a lot of ammunition for any opposition party to work with. And, this week, Progressive Conservative Leader Tim Hudak firmly picked his battleground: more tax cuts for big business. Continue reading