Mark Fishman, associate professor of sociology at Brooklyn College, City University of New York, investigated routine news production by examining the work practices of reporters and other news workers. His research findings were published by the University of Texas Press in 1980 in a book entitled Manufacturing the...
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Capitalism
Manufacturing the News
Crisis: the stories so far
Business As Usual: The Economic Crisis And The Failure Of Capitalism by Paul Mattick. Reacktion Books: 2011. Just yesterday, we were all supposed to believe that the globalisation of capitalism and free markets was the route to freedom, peace and prosperity for all. Then, with barely an explanation, and somewhat out of the blue,...
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Life is sweet for the rich
From MarketWatch.com Tiffany & Co says sales at its flagship New York store jumped 26% in the first quarter. International luxury goods giant Louis Vuitton Moet Hennessy whose brands range from Fendi to Givenchy to Moet & Chandon Champagne, plus, of course, Vuitton bags says U.S. sales boomed 20% in the first quarter, including...
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They Say: “We Can’t Afford it.”
In May 2010, the Coalition government in the UK announced cuts of £6.2 billion in an attempt to begin to reduce the budget deficit of £156 billion for 2009/2010. These cuts will very noticeably affect people’s lives. For example, it was reported that £780 million would be cut on transport, £836 million on communities...
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going to ruin us…
Amusing video from the Australian National Miners Union…
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Capitalist money madness
Read any newspaper, listen to any radio bulletin, watch any TV news broadcast, and there will be some instance of Capitalist Money Madness – detrimental, shocking or unbelievable thinking and behaviour influenced by money. Trains have been derailed because saving money came before rigorous track maintenance; cows have been ground up and fed to...
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Socialist Guide to Marx’s Capital (4. Mystery of Money)
A “world without money” describes one essential aspect of socialism. But to get a clearer idea of how society can function without money we need a better understanding of money and why it must exist under capitalism. It might seem odd to suggest that people don’t really understand money all that well, for it...
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Socialist Guide to Marx’s Capital (3. Labor Theory of Value)
We have seen, then, that capitalism is no different from any other form of society insofar as wealth must be produced through the productive activities of human beings. This goes without saying, for without such wealth production no society (or the people living in it) could continue to exist for very long. The key...
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Capitalism Must Go
(SPGB election manifesto) These elections are taking place in the middle of the biggest economic and financial crisis since the 1930s. In a world that has the potential to produce enough food, clothes, housing and the other amenities of life for all, factories are closing down, workers are being laid off, unemployment is growing,...
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1 in 4 Americans is employed to keep fellow citizens in line
An interesting article in the Santa Fe Reader. From a liberal “radical” on the consequences of income disparity… Bowles offers a key reason why this is so. “Inequality breeds conflict, and conflict breeds wasted resources,” he says. In short, in a very unequal society, the people at the top have to spend a lot of...
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