DESPITE A WEAKENING ECONOMY THE US RATE OF PROFIT HOLDS UP IN Q2 2024

THE COMPOSITION OF CAPITAL AND ITS EFFECT ON THE RATE OF PROFIT WHEN VIEWED THROUGH THE PRISM OF CIRCULATING CAPITAL.

BOTH THE SOCIALIST WORKERS PARTY AND STOP THE WAR CONTINUE TO WALK IN THE SHADOW OF WESTERN IMPERIALISM TRIPPING OVER EVERY POLITICAL OBSTACLE.

SPEECH DELIVERED IN PART AT AN ANTI-RACIST PROTEST.

THE MARKET CRASH: MORE A CASE OF BLOWING OFF STEAM THAN BLOWING-UP BOILERS. GIVE IT TIME.

It is necessary to point out that the collapse in turnover in China is a sign of chronic overproduction. Turnover thus gives insight into whether or not their is overproduction and whether this overproduction is growing. This overproduction can either be resolved by the unlikely route of a boost to demand carried out by the state or by the normal route of a recession which by destroying excess capital normalizes production causing turnover to recover.

REVISITING PLANNING AND HOW IT REPLACES THE MARKET.

It is my intention to refer to prices in the Soviet Union as being fictitious primarily because they were unresponsive, unresponsive to actual cost of production and to the changes to these costs.