International Viewpoint, the monthly English-language magazine of the Fourth International, is a window to radical alternatives world-wide, carrying reports, analysis and debates from all corners of the globe. Correspondents in over 50 countries report on popular struggles, and the debates that are shaping the left of tomorrow.
“Daher provides an update on the worrying developments under Ahmad al-Chareh’s new government. He also highlights the opportunities opening up for working people and social movements, provided they prove capable of resisting sectarianism and ethnic discrimination.”
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António José Seguro was elected President of the Republic of Portugal on Sunday with 67% of the vote, comfortably beating the neo-fascist candidate he faced in the second round, André Ventura (33%).
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The dismissal of General Zhang Youxia was officially announced on January 24. This is another step in the purges that have been taking place within the Chinese army’s general staff. Zhang was considered “untouchable” given his supposed closeness to Xi Jinping. As for the Central Military Commission (CMC), it is now a hollow shell, having lost five of its seven members. Xi continues to clear the field around him, contrary to any form of collegiality.
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“Now things have changed. Republicans have criticized his immigrant deportation policies, his racist posts, and his threat to take over the election process. At the same time support for Trump is declining as shown in polls.”
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Gus Fagan reports on the repression of anti-fascists by Germany and Hungary
read article...The labour theory of value defines value as the socially necessary quantity of labour determined by the average productivity of labour of each given sector of production. But these values are not mathematically fixed data. They are simply the expression of a process going on in real life, under capitalist commodity production. So this average is only ascertained in the course of a certain time-span.
In the same way as his theory of rent, Marx’s theory of money is a straightforward application of the labour theory of value. As value is but the embodiment of socially necessary labour, commodities exchange with each other in proportion to the labour quanta they contain. This is true for the exchange of iron against wheat, as it is true for the exchange of iron against gold or silver.
Marx himself considered his theory of surplus-value his most important contribution to the progress of economic analysis (Marx, letter to Engels of 24 August 1867). It is through this theory that the wide scope of his sociological and historical thought enables him simultaneously to place the capitalist mode of production in his historical context, and to find the root of its inner economic contradictions and its laws of motion in the specific relations of production on which it is based.
If Marx’s theory of surplus-value is his most revolutionary contribution to economic science, his discovery of the basic long-term ‘laws of motion’ (development trends) of the capitalist mode of production constitutes undoubtedly his most impressive scientific achievement.
20 January by Eric Toussaint, CADTM International, Walden Bello, Sushovan Dhar, Jeremy Corbyn, Yanis Varoufakis, Rafael Bernabe, Zoe Konstantopoulou, Jean-Luc Mélenchon, Gilbert Achcar, Tithi Bhattacharya, Nancy Fraser, Michael Roberts, Vijay Prashad, Achin Vanaik, Zarah Sultana, Manon Aubry, Annie Ernaux, Ada Colau, Bhaskar Sunkara.
- read article...The International Trade Union Network of Solidarity and Struggles is passing on information received from trade union comrades in Venezuela. With Venezuela, as with Palestine, as with Ukraine, as with Sudan, as everywhere else in the world, nothing can replace direct contact between workers. For our social class, it is the best source of information and the best way to build common struggles.
- read article...The collapse of the national currency and the economy, hyperinflation and wage stagnation are the ingredients of the massive mobilisation that started on Sunday 28 December in the Tehran bazaar and spread to many towns and universities.
- read article...International Viewpoint is published under the responsibility of the Bureau of the Fourth International. Signed articles do not necessarily reflect editorial policy. Articles can be reprinted with acknowledgement, and a live link if possible.
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