Month: October 2021

Lenin 1917

Long Live Red October

Author: Rob Gowland The October Revolution took place in the second decade of the last century. In other words, it was a long time ago: so why should we be concerned with it in the 21st century? That’s easy: because the change it heralded in the way society operates was so profound and so far-reaching …

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Why labour theory of value is right

Version without the muffled initial announcements. Explains the empirical evidence for the labour theory of value. Also worth looking at this video: A relatively technical video on the theory of the rate of profit, dealing with what Anwar Shaikh has said about it in his textbook on Capitalism. This shows how Marx follows Newton’s method …

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