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The Socialist Party breaks with the deceptions of reformist politics and poses directly the central issue: the class struggle for socialism. Our success in an election campaign is not to be measured in votes won but in the extent and the depth to which they have succeeded in bringing the core issue before the consciousness of the masses. Demagogy means the adaptation of policy and campaigns to the prejudices of the audience to which it is hoped to appeal, without regard to the truth or correctness of principles.  Demagogy is the exploitation of ignorance in direct contrast to a principled position. The Socialist Party stands for its principles instead of pandering to prejudices. The issue for the working class is the CLASS issue. The working class must make its stand against the capitalist system – whose lust for profits and interest, for investments, markets, and expanded capital, for raw materials and cheap exploitable labour, can mean only exploitation and abject slavery. Then ALL the peoples of the world will indeed be free. For it must be understood that distribution is always ultimately controlled by those who own and control production. Today the bosses own. Tomorrow, the workers would own production, to control and direct distribution in the interests of the majority. It is us the task of the Socialist Party to take the anger and the hatred that our fellow-workers have toward this capitalist system and arm it with an understanding of why we have to live this way, whose fault it is and what we can do about it. It is only by understanding how capitalism runs against the interests of working people, of how capitalism must be fought by the working class and all others who can be united behind it and when the people can be armed with an understanding of capitalism as the enemy – then we can advance on the road to the socialist revolution. Only by completely getting rid of this system of wage slavery and its law of profits and the system in which the capitalists own and control everything, including us and our labour can we advance to socialism. We’ll sweep away the capitalist system and we’ll build our new future. A future where we workers will run the factories, produce for our needs and not for the profits of the capitalist bosses. There can be no gradual step-by-step process where we can win, it’s only by getting rid of the whole system of capitalism, that we can build a new society run by and for the working people.
Only when the stored-up labour is utilized for the social good, can we realize the full potentialities of human productivity. Only when accumulated labour belongs to those who produce it – to the worker who turns the wheels, instead of to the capitalist who reaps the dividends – will men and women be free. Hunger in the midst of plenty is the distinguishing mark of the capitalist system of production. The tremendous power of technology produces commodities far beyond the possibilities of control by the profit system. The anarchy of production for the market brings about the shutdown of plants, widespread unemployment, bankruptcies of businesses, disruption of world trade, disturbance of the monetary and financial system, the frantic search of capitalists for new outlets and new markets. Hunger, disease, and death stalk all the peoples of the planet. This is the capitalist world. This is the world of competition, of exploitation, of production for profit. The capitalist world remains an armed camp awaiting only the passage of a few more years before it is ready to plunge into another bloody carnage to determine which of the great powers shall dominate the world in the interest of profit. Capitalism outlived its usefulness long ago. It is no longer capable of progress, of raising the standards of living of the people. Capitalism is only capable of guaranteeing new misery. All capitalist enterprises are out to produce as much as it can, to grab as much of the market as it can, for it is in sales that it realises its profits. Capital is simply money and commodities assigned to create a profit and be reinvested. Profit is made by the "magical" addition of surplus value to the value inherent in the product. The "added value," the profit, is produced by workers. And this capital is born to expand or die. To be useful, the investment must result not only in a profit but at a growing rate of profit. The value of a commodity comes from the labor invested in it, including the labor that manufactured the machinery and extracted the raw materials used to create the item. And the boss' profits do not come from his smarts or his capital investment or his mark-up, but from the value created by labor - specifically, surplus-value.
Surplus value derives from unpaid wages. The worker is never paid for the value of the product, only for the value of her or his labour time, which is considerably less, and which meanders widely depending upon the historical, cultural and social conditions of a country. Labour-power is miraculous, like the Virgin Birth. You get more out of it than you put in. Workers produce a commodity which has more value than what they get in wages to keep them functioning. This differential is surplus value, which is the source of capital. The secret of value, the labour theory of value, that was unearthed by the classical economists and by Marx is what the money barons fear and hate. It is the secret that will set the world free. People will learn how to control the supposedly sacred, eternal, and inscrutable method of production and distribution that now controls us.
But the people of the world want an end to this system. They want jobs, peace, freedom, security. They want a new life; they want a change from the chaos of the profit system, that system of “free enterprise” which has proved its incapacity to maintain production in the interest of the people. A new life, a new social, system, that is, socialism, is the only hope for humanity. When we fight for peace, freedom, security and plenty for all, they are fighting for socialism, which alone can guarantee these blessings. Socialists will produce for use according to a reasonable plan and without a thought for the odious notion of profit. And with no insatiable parasitic class to maintain, socialist society will produce abundance for all. That's a fact. The global human family will arrange its standard of living as easily as affluent families do today.


15 hours 11 min ago
Turkey, Bangladesh and Uganda alone received over half of all new refugees last year.  Turkey was the country that received most new refugees last year – 700,000 people. It now houses over 3.8 million refugees, most of them from Syria. In comparison, the rest of Europe as a whole received about half a million refugees last year, and the US received about 60,000. Turkey received close to 20
18 hours 23 min ago
Today, the richest 1 percent of American families own a greater portion of the country’s wealth than the bottom 90 percent. Even more shocking, just three individuals own more wealth than the bottom half. Meanwhile, the incomes of the top earners continue to skyrocket—CEO compensation jumped as much as 937 percent between 1978 and 2016—while most Americans struggle to get by on stagnating wages.
1 day 42 min ago
The amount of wealth owned by Scots households has broken through the £1 trillion mark, following increases in property values and pension pots. That's £1,000,000,000,000, or a million million pounds. It is more than five times the value of the nation's economic output in one year.But  household wealth is very unevenly spread. It is nearly twice as unequal as inequality in income levels. A quarter of Scots have savings of less than £500.Using figures from 2014 to 2016, the median Scottish household - with half the country more wealthy and one half less so - was found to have £237,000 in wealth. The big difference is in property wealth - a median of £65,000 in Scotland to £95,000 in Britain. This is skewed by high property prices in London and south-east England. The Resolution Foundation estimate is of Scottish household property wealth totalling £285bn.By far the largest share of wealth - some £543bn - is in pension investments. The median Scottish household is thought to have £70,000 put aside in pensions. Financial wealth, including investment products such as shares and bonds, comes to £100bn in total, and is very unevenly spread. Physical wealth is thought to total £122bn, including other assets people own, from cars and yachts to furniture and artwork.
  • Income Gap: It highlights the growth in wealth at a higher pace than the rise in incomes. That means it takes longer to earn and save money with which to become wealthy. In the past decade, Scottish wealth has grown from being five times bigger than total output of the economy (also known as income) to more than seven times.
  • Generation Gap: The generational divide on wealth is much greater than the divide on incomes. Taking every five year period since 1965, each successive cohort of Scots has had less wealth than their predecessors at the same age. That divide is clearest for those aged around 43. For those born in the five years up to 1975, at the age of 35 they had median wealth of £52,000. But for those born in the five years after 1975 (now aged 38 to 43), at the age of 35, they had median wealth of £33,000. One reason for this is the big dip in home ownership rates for people in that age group, though it has not dipped as far as Britain as a whole.
  • Legacy Gap: While older parents continue to build up wealth, much of it through property values and relatively generous pensions, wealth is transferred when they pass it on to their sons and daughters. "What you inherit, rather than what you earn, is set to become a much more important determinant of your lifetime living standards in the years ahead," according to Torsten Bell, director of the Resolution Foundation and co-researcher on The £1 Trillion Pie. He notes that revenue from inheritance tax paid in Scotland rose by 30% in the two years to 2014-15. A further twist is that those who stand to inherit wealth when their parents die are having to wait longer, because their parents are typically living longer. The peak age at which the average millennial, now aged 20 to 35, will outlive both parents is around 60.
  • Tax Gap: The report also notes that taxation on wealth has not kept pace with wealth, when counted as a share of national income. For the past 50 years or so, the payment of wealth-based taxes has amounted to around 2.5% of total economic output in any one year. Co-author Conor d'Arcy said: "While some wealth taxes are set in Westminster, including inheritance tax, the biggest wealth tax, Council Tax, is fully devolved. Recent modest reforms have improved council tax in Scotland, in marked contrast to the lack of progress in England, but the tax could still be much more closely tied to property values."
  • Regional Gap: Where wealth is held in property, those who do best and can pass on most to their family have benefited from living in areas where property prices have risen faster than average. The average value of a property in Edinburgh is more than £250,000. There are 11 council areas with average prices at less than half that.
1 day 6 hours ago
A new report concludes that the damage already done by the Trump administration to the environment, and the US agency that regulates it, will result in 80,000 deaths each decade. Trump has so far initiated the reversal of 67 environmental laws. Even a future administration would have difficulty restoring the gutted EPA agency to its previous health and staffing levels any time soon. An analysis
1 day 9 hours ago