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

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

Remember Once In Libya

by Rick Gunderman

Remember once in Libya
It wasn’t long ago
There was a Jamahiriya
A state built from below

Remember once in Libya
A great idea did rule
But media spin did twist the truth
And made us into fools Continue reading

DPRK’s Satellites for Peaceful Purposes to Continue Orbiting Space: KCST Spokesman

Rodong Sinmun

A spokesman for the Korean Committee for Space Technology (KCST) released the following statement on Apr. 19:

Since the KCST’s announcement of the planned launch of satellite Kwangmyongsong-3 on March 16, the issue of the DPRK’s satellite launch has become topic of debate in the world.

Those who sympathize with truth and love justice were unanimous in praising the plan with much expectation.

But, the unjust and ill-tempered hostile forces have worked hard to mislead public opinion with groundless assertions and sophism. Continue reading

Red State Irony

by Neill Herring

The last four or five decades have seen extraordinary economic and population growth in the southern states of the United States, continuing historic developments that started during the Second World War and were later stimulated by the end of legal racial segregation. One national effect of those changes has been a continual shift in the center of economic growth for the whole country to the southern and western states, away from the Northeast and the Midwest “rust belt.”

The character of the exploitation of labor in the South has changed as investment patterns have displaced large populations from manufacturing and extractive employment. The continuing breakdown of the caste-like remnants of post-Reconstruction labor “markets” has removed hundreds of thousands of workers from home- and institution-based domestic service, as well as various manual occupations, and forced them into other employment. This new “New South” has been widely celebrated, even as regional wage rates still trail other sections of the country (and while the South shares the national upward redistribution of wealth). What is different now from the pattern in the 1950s is that realizing a return on investment by the sweating-it-out of workers is nothing like the obvious low-cost option it was then.

Marx says there are two sources of economic wealth: that produced by human labor; and the wealth that can be taken by that labor from the earth itself, from land, air, and water. As the rate of the exploitation of the former has continued to increase, exploitation of the latter has also risen, particularly in the South. Continue reading

English Transcript of Kim Jong Un’s Speech

North Korea Tech

Here’s an English translation of the speech delivered by Kim Jong Un on April 15th, 2012, at Kim Il Sung Square in Pyongyang:

Kim Jong Un, recently elected leader of the DPRK

Heroic officers of the army, the navy, the air force and the strategic rocket unit of the Korean People’s Army (KPA), and officers of the Korean People’s Internal Security Forces; members of the Worker-Peasant Red Guards and the Young Red Guards; working people of the entire country and citizens of Pyongyang; the people in the South and overseas compatriots; comrades and friends,

Today, we proceed with a grand military parade to celebrate the 100th birth anniversary of great leader Comrade Kim Il Sung, while embracing the greatest national pride and self-esteem. Continue reading

Communists Condemn Austerity Budget in Ontario

People’s Voice

The Communist Party of Canada (Ontario) has condemned the Ontario Budget, delivered March 27, as a massive attack on working people and the poor that will destroy tens of thousands of jobs, drive down wages, pensions, incomes and living standards. Combined with the austerity measures in the federal budget, it could push the province into another deep economic recession.

Communist Party of Canada (Ontario) leader Elizabeth Rowley

The Executive of the CPC (Ontario) also warned that the threat of legislated wage controls is a dangerous attack on free collective bargaining and on civil and democratic rights.

“There’s not much air between the Liberals and Tories when it comes to bashing workers and the poor, and restricting their rights. They both unerringly deliver the goods to Big Business, the banks and financial sector, and transnational corporations like Vale, US Steel, Caterpillar, Rio Tinto ‑ the source of the crisis in Ontario” said CPC (Ontario) leader Elizabeth Rowley. “Everything that falls in the way of bigger and bigger corporate profits is under acute attack.” Continue reading