Review of Money and Totality by Fred Moseley

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Background to this Book · This is a substantial book which the author admits has been 20 years in the making. [1] It deals primarily with Moseley’s own “Macro-Monetary” interpretation of Marx’s economic writings and takes up and rebuts criticisms of this interpretation. However, the book also looks critically at the major interpretations of Marx’s economic work, by Marxist academic economists,...

British Bosses' Political Crisis

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Votes of No Confidence? or No Confidence in Voting! · The British state, aka the “Establishment”, was long the envy of rest of the world’s ruling classes. The revolutions of its capitalist formation were long in the past. It had settled accounts amicably enough with the old feudal order and then inter-married with it. No tiresome written constitution for this ruling class.

The 1919 Platform of the Communist International: A Milestone in Revolutionary History

In March 2019 we commented on the 100th anniversary of the founding Congress of the Third International ( This meeting took place as the working class carried out a battle against capitalism on a scale not seen before or since. [1] As that article notes, this initial conference was attended by delegates who predominantly represented forces that were still in the process of politically defining...

“Capitalism is Dead” (George Monbiot) but Only the World Working Class Can Bury It

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It did not take the fatal consequences of recent record temperatures in Western Europe, or the recent wildfires in California, monsoon floods in Nepal, India and Bangladesh or the Mozambique cyclones, to tell us that something has radically shifted in the world’s climate. The existential threat of human-created climate change to life on the planet has been understood for decades.

Gramsci: Between Marxism and Idealism

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This edition of Revolutionary Perspectives goes to press at the same time as our English translation of Onorato Damen’s book Gramsci between Marxism and Idealism published after his death in 1979 (see or footnote 8 for how to purchase). · By way of a taster we present an obituary which we translated from Prometeo.

Capitalism's New Economy: The Illusion of a Productive Economy

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Part four of this article was written before the biggest financial crash was followed by the biggest banking bail-out in capitalism's history, yet it is interesting to see that essentially the same economic profile presents itself today. For all the 'quantitative easing' — in the case of the UK via the Bank of England's injection of a nominal £435 bn of government bonds into the...

Welcome to Klasbatalo as Canadian Affiliate of the Internationalist Communist Tendency

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The Internationalist Communist Tendency (ICT) and Klasbatalo are pleased to announce that from this point on Klasbatalo has become the Canadian affiliate of the ICT. This will be no surprise to those who have been watching the steady growth in our relations over the last two years but our contacts with the original nucleus of Klasbatalo go back slightly further.

Reflections on the Student Movement in the UK

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In 2010 the announcement by the Coalition government that university tuition fees would be tripled sparked a wave of student protest. Remaining largely within the confines of the campus, the movement exhausted itself and failed to spread to other sectors. Nine years later, what’s left? · The Students · Between 1965 and 1975, under the recommendations of the Robbins Report, university provision in...

OPEC, Iran, and the Libyan Civil War

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The rising tensions in the Persian Gulf in the past weeks can be easily attributed to a sharp crisis of overproduction in the international oil market, ongoing since 2014. One relevant theater for understanding recent developments therefore lies in the largely under-reported and often overlooked Libyan Civil War, and in particular in its wide-ranging implications for OPEC (Organization of the...

Capitalism's New Economy: The Booming Financial Sector

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Part three of this series was published in 2005, two years or so before the great financial crash when the economic pundits were lauding the move away from manufacture to 'business and financial services'. In 2008 the banking and wider financial bodies were saved and the appearance of capitalist 'normality' maintained only by the concerted injection of gargantuan amounts of...

The Drums of War in the Gulf

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The article which follows is taken from the new edition of Revolutionary Perspectives (#14) which is just out. It was obviously written before the events which followed the British Navy’s seizure of the Iranian tanker, the Grace 1, off the coast of Gibraltar, but the substance of the analysis has not changed.

Thunberg's Call for General Strikes: The Confusions of a Liberal Protest

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On May 23rd Greta Thunberg and 46 other spokespeople for the Youth Climate Protest (YCP) issued a statement before their latest day of action. At the heart of the statement was an "invitation" which we quote in full to accurately reflect its content. · YCP's statement reads - "Starting on Friday 20 September we will kickstart a week of climate action with a worldwide strike for the climate.

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