The Civilising Mission of Capital - Part 1 of 4
Marx describes the concept of The Civilising Mission of Capital, in The Grundrisse. Capitals are driven to compete. Initially, this competition takes…
What The Friends of the People Are, Part III - Part 19
“I have dwelt once more in such detail on the differentiation of the peasants and handicraftsmen just because it was necessary to bring out clearly h…
The Civilising Mission of Capital - Summary
SummaryThe Civilising Mission of Capital should not be confused with the Historic Mission of Capital. The Civilising Mission of Capital is a concep…
Economic Recovey?
UK retail sales rose by 13.9% in June compared to May, taking them back to near pre-lockdown levels. In addition UK PMI data for Services rose to 56…
What The Friends of the People Are, Part III - Part 18
For the Narodniks there was none of this analysis. Instead, as Lenin says, the expropriation of the peasant is explained simply on the basis of the a…
The Historic Mission of Capital - Part 7 of 7
So, does this mean that capitalism is naturally evolving into Socialism, and so all that is required is to sit back and allow it to unfold. That was …
What The Friends of the People Are, Part III - Part 17
The Narodniks attempted to base their argument on the concept of land poverty, of an inadequate allotment size. They attempted to prove this by compa…
The Historic Mission of Capital - Part 6 of 7
But, there is one other component required for Socialism, and that is the creation of the social agent that brings it about – the industrial working-…
What The Friends of the People Are, Part III - Part 16
For Lenin, and the Russian Marxists, the analysis of reality was quite clear. Capitalism was established in Russia, and it was capitalism that explai…
The Historic Mission of Capital - Part 5 of 7
The more capitalism develops the forces of production, so that it requires ever larger markets into which to sell this output, the more the national …
What The Friends of The People Are, Part III - Part 15
But, even having been forced into these correct conclusions, having failed to analyse the actual extent to which capitalism now pervaded the economy …
The Historic Mission of Capital - Part 4 of 7
It is only with the development of these larger markets, and the potential to produce on a larger scale, thereby obtaining the benefits of economies …
Russian Hacking
The newspapers and TV, yesterday, were full of stories about Russian hackers stealing secrets from British labs working on coronavirus vaccines. The…
What The Friends of The People Are, Part III - Part 14
The data shows that the condition for the middle peasants is one of permanent instability. For the mass of poor peasants, it shows their expropriatio…
The Historic Mission of Capital - Part 3 of 7
Under feudalism, the feudal landlords, at least initially, are only interested in the size of the surplus product they can obtain, as rent, so as to …