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Showing posts from April, 2025

WE DEMAND A WORLD OF UNIVERSAL ABUNDANCE, NOT WEALTH FOR THE FEW AND WANT FOR THE MANY

  WE DEMAND A WORLD OF UNIVERSAL ABUNDANCE, NOT WEALTH FOR THE FEW AND WANT FOR THE MANY We live in an age of wonder and abundance. Thanks to the wisdom and achievements of the world's 9 million scientists, and the hard work of the world's 3.3 billion workers, we live in an age when everybody can have a life of abundance and even luxury There is no reason why every family in the world shouldn't have a modern, structurally sound house or apartment, large enough to comfortably accommodate their entire family There is no reason why every one of those homes shouldn't have a full set of living room, bedroom and dining room furniture, central heating, air conditioning, hot and cold running water, electricity, telephone/cable service, internet access at least one 3 piece bathroom (toilet, sink, tub/shower), a kitchen with a stove, oven, microwave, refrigerator and ample pantry space. There is no reason why every family shouldn't have a computer and every individual a smart...

Defending the Labor Theory of Value

  Defending the Labor Theory of Value An interview with Duncan Foley The labor theory of value is one of Marxism’s most contested ideas. Both critics and supporters of socialism have labeled it inconsistent and outdated. In an interview with  Jacobin , economist Duncan Foley offers a full-throated defense. from JACOBIN MAGAZINE: Defending the Labor Theory of Value