Tag: prices

Abundance or scarcity?

Tina Marie (Ms. Cat)

Abundance is a new book that has been attracting attention and debate among mainstream economists and politicians.  It aims to explain to Democrat members in the US why their party lost the election to Trump (narrow as that result was).  The authors, Ezra Klein and Derek Thompson, writers at very liberal mainstream The New York Times and The Atlantic, respectively, argue that it was because the Democrats and supporters of ‘liberal democracy’ have lost their ability in government to carry out great projects that could deliver the things and services that working people (called the ‘middle class’ in America) need.

Abundance or scarcity?

“Of course people are going to be laid off because of this”: US autoworkers react to the launch of Trump’s global tariff war

Tina Marie (Ms. Cat)

Within hours of the imposition of President Trump’s sweeping tariffs against the world, the impact was felt by autoworkers in North America, with the announcement of thousands of layoffs by Stellantis at plants in the United States, Canada and Mexico.

“Of course people are going to be laid off because of this”: US autoworkers react to the launch of Trump’s global tariff war

Philippines to receive 20 F-16 Block 70/72 fighter jets from the US as confrontations with China grow.

Tina Marie (Ms. Cat)

Philippines to receive 20 F-16 Block 70/72 fighter jets from the US as confrontations with China grow.

The timing of this approval is significant as the Philippines has been engaged in a series of escalating maritime confrontations with China over disputed territories in the South China Sea. U.S. officials, including Secretary of State Marco Rubio and Defense Secretary Pete Hegseth, have increasingly voiced support for Manila in countering Chinese maritime expansion. During his recent visit, Hegseth committed to “reestablish deterrence in the Indo-Pacific region,” calling attention to China’s growing assertiveness. Additionally, Philippine military leadership, including General Romeo Brawner, has publicly stated that a conflict in Taiwan would inevitably involve the Philippines, urging preparations for possible hostilities. Preparations for such scenarios have reportedly influenced the planning of joint U.S.-Philippine exercises, such as the annual “Balikatan” drills. These developments add urgency to the Philippine modernization program, of which the F-16 acquisition is a cornerstone.

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Vladimir Lenin on Economic Disparity, Private Property, and the Need for Systemic Change

Tina Marie (Ms. Cat)

The Second Congress of the Communist International

In the United States of America food prices have risen, on the average, by 120 per cent, whereas wages have increased only by 100 per cent. In Britain, food prices have gone up by 170 per cent, and wages 130 per cent; in France, food prices—300 per cent,. and wages 200 per cent; in Japan—food prices 130 per cent, and wages 60 per cent (I have analysed Comrade Braun’s figures in his pamphlet and those of the Supreme Economic Council as published in The Times of March 10, 1920). 

In such circumstances, the workers’ mounting resentment, the growth of a revolutionary temper and ideas, and the increase in spontaneous mass strikes are obviously inevitable, since the position of the workers is becoming intolerable. The workers’ own experience is convincing them that the capitalists have become prodigiously enriched by the war and are placing the burden of war costs and debts upon the workers’ shoulders. We recently learnt by cable that America wants to deport another 500 Communists to Russia so as to get rid of “dangerous agitators”.

Even if America deports to our country, not 500 but 500,000 Russian, American, Japanese and French “agitators” that will make no difference, because there will still be the disparity between prices and wages, which they can do nothing about. The reason why they can do nothing about it is because private property is most strictly safeguarded, is “sacred” there. That should not be forgotten, because it is only in Russia that the exploiters’ private property has been abolished. The capitalists can do nothing about the gap between prices and wages, and the workers cannot live on their previous wages. The old methods are useless against this calamity. Nothing can be achieved by isolated strikes, the parliamentary struggle, or the vote, because “private property is sacred”, and the capitalists have accumulated such debts that the whole world is in bondage to a handful of men. Meanwhile the workers’ living conditions are becoming more and more unbearable. There is no other way out but to abolish the exploiters’ “private property”.