Category Archives: Economics
The following is an essay by Anant Phadke of the Communist Party of India (Marxist-Leninist). It was published as part of their work in the Anti-Caste Movement in India. In this essay comrade Phadke explains both the materialist basis for the existence of caste hierarchy in colonial and neocolonial Indian society and the materialist basis for the abolition of casteist oppression.
As usual though the posting of his essay should not be taken as an endorsement of the line of the CPI(ML).
The nature and role of caste relations in modern India including the post-colonial period is a matter of debate within Left in India. Traditional Marxists consider caste relations as a part of only the ‘superstructure’ and in modern India they consider ‘caste-oppression’ as a remnant of feudal relations because according to their understanding, the Bourgeois Democratic Revolution has not been completed in India. Hence in this framework of understanding of caste relations in modern India, abolition of casteist hierarchy would only require Cultural Revolution. Some of us have been arguing that this view is unscientific. Along with anti-capitalist measures, specific economic measures would also be required during the post-revolutionary Socialist March to abolish the material basis of the caste system. Let us see how. Read the rest of this entry
The following essay was transcribed from MIM Theory #10 [full PDF link] by the folks over Anti-Imperialism.com. MIM Theory was the theoretical journal of the now defunct Maoist Internationalist Movement.
In this essay the author makes a number explains the parasitism of the White working class in the centres of the imperialism. As well as he also makes a number of interesting points regarding the role played by extraction and distribution of surplus value as it relates to national oppression inside the so-called United States.
As usual the posting of this essay should not be taken as an endorsement of the entirety of MIM’s line, or the line of its ideological descendants – the Maoist Internationalist Ministry of Prisons and the Leading Light Communist Organization.
Marxist economics explained the secret of capitalist exploitation by showing that workers were paid not for the value of all that they produced (labor), but instead the cost of reproducing themselves (labor power). In Marx’s analysis, the cost of reproducing the working class, or labor power, was less than the value of what the working class produced, and so the difference was exploitation, resulting in a profit for the capitalists and the extra capital needed to invest and grow the capitalists’ companies. Read the rest of this entry
Attawapiskat, Revisited: While Many Indigenous Communities are Economically Impoverished, They Are Far From Poor
By Leanne Simpson. Leanne is of Mississauga Nishnaabeg ancestry and is the author of Dancing on Our Turtle’s Back: Stories of Nishnaabeg Re-Creation, Resurgence and a New Emergence. She is the editor of Lightening the Eighth Fire: The Liberation, Resurgence and Protection of Indigenous Nations and This is an Honour Song: Twenty Years Since the Blockades, all published by Arbeiter Ring Publishing in Winnipeg.
As usual posting this should not be taken as an endorsement of the line of Leanne Simpson.
At the time of writing this, three months have passed since Attawapiskat became a household name in Canada. Three months, and the band-aid solution of 22 homes has not been delivered and the community remains virtually unchanged. Three months, and the issues this community brought to the consciousness of Canadians have been all but forgotten.
We all like to believe that things are shifting in Indigenous-state relationships. We like to believe that things are getting better, that we’ve moved on from the circumstances that created flashpoint events like the Oka Crisis, Ipperwash, and Caledonia. Read the rest of this entry