Theory & History

Marxism and the second world war

Seventy years ago, the major powers plunged humanity into the horror of world war.
by Peter Taaffe, from Socialism Today, magazine of the Socialist Party, cwi in England and Wales

Read More »

How capitalism works

Capitalist firms produce commodities, that is a good or service produced for sale only. Every commodity has a use-value for people. That means they are useful to someone otherwise they could not be sold.

Read More »

Capitalism in crisis!

SR Technics leaving factory

By Stephen Boyd

SOME POLITICAL and social commentators have begun to bemoan the continual stream of bad economic news. However for the working class and the middle class in Ireland and around the world the impact of the bad economic reality is unavoidable.

Read More »

Socialism – the alternative to the failed market

By Kevin McLoughlin

SOCIALIST POLICIES are needed to solve the economic crisis and its devastating effects on the living standards and lives of ordinary people.

Socialist policies are relevant to the key problems facing people today, the draconian pay cuts, the housing crisis and looming mortgage crisis, the vicious cutbacks in health and education, and crucially the emergence of mass unemployment.

The tax hikes in the budget represent a universal pay cut and are part of an overall desire of the government and bosses to slash general wage levels by up to 20%. They are intent on imposing a race to the bottom. The Quick Service Food Alliance, which is made up of the main fast (bad) food outlets, are attacking some of the lowest paid workers, demanding that they give up payments for Sunday working etc. The minimum wage is also being attacked and undercut by bosses.

Read More »

2008 Crash: The Case for Socialism

The wave of nationalizations and part-nationalizations of banking systems sweeping country after country as a result of the meltdown of the world financial system is hugely significant. In light of these world historic events, GARY MULCAHY of the Belfast branch of the Socialist Party argues the case for socialism.

Read More »