ROEL

The concept of turnover is related to production for exchange, in particular to the production of surplus value by wagelaborers. If society becomes the owner of the means of production, then what happens to surpluslabor and the production of surplusvalue? Surplusvalue is of course a form of exchangevalue, the moneyform of commodities produced by...
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When we learn as children that getting money allows us to do things (without necessarily understanding the obligatory character of it), that realization generates an expectation that is lifelong in its durability. One of childhood’s many lessons, in a society that runs on buying and selling, is that getting money makes things happen. People...
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Few types of literature put capitalist views on class struggle with such explicit and appalling candor as that dealing with “disciplinary problems” in the workplace. With economic development has come a certain mellowing in the shrill tone of the anti-employee diatribes of the 19th-century class-warhawks; but it has lost none of its virulence or...
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Utopian socialists have always as a rule blithely ignored one unavoidable reality. A revolution against capital can only happen on the basis of a fully functioning alternative to the capitalist system of production. Setting up a real economy that uses no capital and whose unique raison d’être is meeting everyone’s needs extends beyond successfully...
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A spectre is haunting America – the spectre of the middle class. Ever since Alexis de Tocqueville proclaimed the US to be a “middle-class country”, North Americans have anxiously sought to moralise and ennoble their notion of class struggle: Most were regular employees of major corporations like McDonnell Douglas, Grumman and Hughes Aircraft. If...
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