South Africa: NUMSA cuts political ties with ANC

The South African metal workers union, NUMSA held its much awaited special national congress in Boksburg from 17-20 December to discuss its future and, by implication, the future of the entire South African labour movement after a long period of infighting in the labour federation COSATU and fierce class struggle in South African society. This […]

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 What is Value?

What is Value?

What is value? This question has perplexed the human mind for more than 2,000 years. The classical bourgeois economists grappled with the question, as did Marx. After much deliberation, they correctly hit upon the idea that labor was the source of value. This, then, became a cornerstone of bourgeois political economy, beginning with Adam Smith. […]

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