Average Profit "The profit occurring in accordance with this general rate of profit to any capital of a given magnitude, whatever its organic composition, is called the average profit." Marx, Capital, pub.1894, IP, Vol.3, p.158 Law of average profit. "Under capitalist production the general law acts as the prevailing tendency only in a very complicated and approximate manner, as a never ascertainable average of ceaseless fluctuations." Marx, Capital, pub.1894,...
Coalitions burst forth in a new way at the end of the century, and in many ways coalition building is defining the strides of progress in the 21st century. In Seattle, when Teamsters walked with turtles against the WTO, a whole new level of coalition appeared with global potential.
A Convention is a crowning moment in the life of a Communist Party. It is the highest deliberative and decision-making body in our Party's structure. Unlike the conventions of the Democratic and Republican parties, our Convention doesn't aim to showcase a few leaders, but rather to be a model of working-class democracy, of thoughtful and comradely discussion, and of democratic decision-making.
People's World Social Media Editor Chauncey Robinson explores the challenges with Bui The Giang from the Commission for External Relations of the Communist Party of Vietnam.
Why a Communist is voting Democrat.
Amazon workers are fighting back.
Report of the CPUSA delegate to the International Meeting of Communist and Workers' Parties 'Current Trends In Capitalism: Economic, Social And Political Impact. The Communists' Alternative' Athens, 18-20 November, 2005. The United States is going through one of the most politically turbulent periods in recent memory. The administration of George W. Bush is facing a profound crisis of legitimacy.
A change in the composition of the congress will make it more possible to end the occupation in Iraq. Thats the political reality. Today I will not discuss the next national initiatives of the peace movement, nor assess the tremendous 350,000-person national demonstration on April 29, 2006 organized to mobilize the majority peace sentiments toward the 2006 midterm elections. I also will not get into the details of the upcoming...
As I write, Israeli troops are invading Lebanon on its southern border. No doubt this escalation will heighten the danger of a wider war, one that could involve other state and non-state actors in that region and draw millions of people into the fighting.
This battle against austerity is a battle for the working class and against racism. It is gaining momentum. It is a battle for union rights and against poverty.