Misplaced Pages

Tricontinental

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
#25974

133-773: Tricontinental is a left-wing quarterly magazine founded after the Tricontinental Conference 1966 . The magazine is the official publication of the Organization of Solidarity with the People of Asia, Africa and Latin America (OSPAAAL) which also published it until 2019. From the founding of Tricontinental in August 1967 until the dissolution of the Soviet Union , which led to a rapid recession in

266-486: A democratic economy ) is a socioeconomic philosophy that proposes to shift ownership and decision-making power from corporate shareholders and corporate managers (such as a board of directors ) to a larger group of public stakeholders that includes workers, consumers, suppliers, communities and the broader public. No single definition or approach encompasses economic democracy, but most proponents claim that modern property relations externalize costs, subordinate

399-451: A mixed economy with an empowered public sector and a thriving private sector . Centre-left policies tend to favour limited state intervention in matters pertaining to the public interest . In several countries, the terms far-left and radical left have been associated with many varieties of anarchism , autonomism and communism . They have been used to describe groups that advocate anti-capitalism and eco-terrorism . In France,

532-509: A 'rare and scarce commodity', for sale at monopoly prices. So far as invention is concerned, a price is put on them not because they are scarce but in order to make them scarce to those who want to use them." Patent monopolies raise share prices above tangible labor value. The difference between labor-value and monopoly-value raises goods prices, and is collected as "profit" by intermediaries who have contributed nothing to earn it. Analysts generally agree that such conditions typically result in

665-639: A capitalist bourgeois ideology. Marxists were responsible for organizing the first International Working Women's Day events. The women's liberation movement is closely connected to the New Left and other new social movements which openly challenged the orthodoxies of the Old Left. Socialist feminism as exemplified by the Freedom Socialist Party and Radical Women and Marxist feminism , spearheaded by Selma James , saw themselves as

798-456: A capitalist society consists of three basic components: Supply and demand are generally accepted as market functions for establishing prices . Organisations typically endeavor to 1) minimize the cost of production ; 2) increase sales; in order to 3) maximize profits. But, according to David Schweickart, if "those who produce the goods and services of society are paid less than their productive contribution", then as consumers they cannot buy all

931-606: A central feature of political debates on the Left. During the French Revolution, nationalism was a key policy of the Republican Left. The Republican Left advocated for civic nationalism and argued that the nation is a "daily plebiscite" formed by the subjective "will to live together". Related to revanchism , the belligerent will to take revenge against Germany and retake control of Alsace-Lorraine , nationalism

1064-531: A deficiency of effective demand. Labor does not earn enough to buy what enterprises produce. According to Jack Rasmus , author of The Trillion Dollar Income Shift , in June 2006, investment bank Goldman Sachs reported: "The most important contribution to the higher profit margins over the past five years has been a decline in Labor's share of national income." Artificially restricted access of labor to common resources

1197-574: A desire for greater economic equality and workers rights with demands for environmental protection. Democratic socialist Bolivian president Evo Morales has traced environmental degradation to capitalist consumerism , stating that "[t]he Earth does not have enough for the North to live better and better, but it does have enough for all of us to live well". James Hansen , Noam Chomsky , Raj Patel , Naomi Klein , The Yes Men and Dennis Kucinich hold similar views. In climate change mitigation ,

1330-737: A distinction is made between the centre-left and the left represented by the Socialist Party and the French Communist Party and the far-left as represented by anarcho-communists , Maoists and Trotskyists . The United States Department of Homeland Security defines "left-wing extremism" as groups that "seek to bring about change through violent revolution, rather than through established political processes". Similar to far-right politics , extremist far-left politics have motivated political violence , radicalization , genocide , terrorism , sabotage and damage to property,

1463-535: A firing squad, and children were deprived of any religious education outside of the home. Today in the Western world , those on the Left generally support secularization and the separation of church and state. However, religious beliefs have also been associated with many left-wing movements such as the progressive movement , the Social Gospel movement, the civil rights movement , the anti-war movement ,

SECTION 10

#1732787763026

1596-423: A force within left-wing politics. The influential Communist Manifesto by Karl Marx and Friedrich Engels , published amidst the wave of revolutions of 1848 across Europe, asserted that all of human history is defined by class struggle . They predicted that a proletarian revolution would eventually overthrow bourgeois capitalism and create a stateless , moneyless and classless communist society . It

1729-496: A full-employment economy, except in the very short term. For unemployment is the " invisible hand "—carrying a stick—that keeps the workforce in line." In this view, Adam Smith's "invisible hand" does not seem reliable to guide economic forces on a large scale. Assuming business credit could come from public sources rather than from private savers, Schweickart and other analysts consider interest payments to private savers both undeserved and unnecessary for economic growth. Moreover,

1862-540: A hundred new billionaires were created since 2001, real weekly earnings for 100 million workers are less in 2007 than in 1980 when Ronald Reagan took office". According to economist Richard D. Wolff , the 1970s brought an end to the labor shortage which had facilitated more than a century of rising average real wages in the United States. Wolff says Americans responded to the resulting deficiency of effective demand by working more hours and excessive borrowing;

1995-549: A left-wing response to The Limits to Growth model that predicted catastrophic resource depletion and spurred environmentalism, postulating that capitalist technologies were the key cause responsible for environmental degradation, as opposed to human population pressures. Environmental degradation can be seen as a class or equity issue, as environmental destruction disproportionately affects poorer communities and countries. Several left-wing or socialist groupings have an overt environmental concern and several green parties contain

2128-466: A legal historian, noted that the precursor of the business corporation was the first monastery , established in the sixth century, the purpose of which was to serve society. Most business corporations before 1900 developed in Great Britain, where they were established by royal charter , with the expectation of contributions to society. Incorporation was a privilege granted in return for service to

2261-412: A majority of wealth created in a "free market" economy was appropriated by land owners and monopolists through economic rents , and that concentration of such unearned wealth was the root cause of poverty. "Behind the abstraction known as 'the market' lurks a set of institutions designed to maximize the wealth and power of the most privileged group of people in the world—the creditor- rentier class of

2394-721: A part of the Left by their contemporaries. Feminist pioneer Mary Wollstonecraft was influenced by Thomas Paine . Many notable leftists have been strong supporters of gender equality such as Marxist philosophers and activists Rosa Luxemburg , Clara Zetkin and Alexandra Kollontai , anarchist philosophers and activists such as Virginia Bolten , Emma Goldman and Lucía Sánchez Saornil and democratic socialist philosophers and activists such as Helen Keller and Annie Besant . However, Marxists such as Rosa Luxemburg, Clara Zetkin, and Alexandra Kollontai, who are supporters of radical social equality for women and have rejected and opposed liberal feminism because they considered it to be

2527-482: A part of the Left that challenges male-dominated and sexist structures within the Left. The connection between left-wing ideologies and the struggle for LGBTQ rights also has an important history. Prominent socialists who were involved in early struggles for LGBTQ rights include Edward Carpenter , Oscar Wilde , Harry Hay , Bayard Rustin and Daniel Guérin , among others. The New Left is also strongly supportive of LGBTQ rights and liberation, having been instrumental in

2660-486: A perpetual grant of sovereignty , including immortality , self-government , and limited liability . By the end of the twentieth century, corporate power—both economic and political—stretched worldwide. International agreements not only lowered tariffs but extended corporate property rights and reduced the ability of sovereign nations to regulate corporations. David Schweickart submits that such "hypermobility of capital" generates economic and political insecurity. "If

2793-563: A position within the political mainstream that accepts capitalism and a market economy. The terms far-left and ultra-left are used for positions that are more radical , more strongly rejecting capitalism and mainstream representative democracy , instead advocating for a socialist society based on economic democracy and direct democracy , representing economic, political and social democracy. The centre-left includes social democrats , social liberals , progressives and greens . Centre-left supporters accept market allocation of resources in

SECTION 20

#1732787763026

2926-494: A reminder that given the failures of both traditional socialism and corporate capitalism, it is time to get serious about clarifying not only the question of strategy, but what, in fact, the meaning of changing the system in a truly democratic direction might one day entail." Trade unionist and social activist Allan Engler argued further that economic democracy was the working-class alternative to capitalism. In his book, "Economic Democracy", Engler stated: When economic democracy –

3059-461: A ruling elite of individuals) while it prepares a population for capitalist exploitation. Within anarchism, this subject has been extensively discussed by Rudolf Rocker in his book titled Nationalism and Culture and by the works of Fredy Perlman such as Against His-Story, Against Leviathan and The Continuing Appeal of Nationalism . The failure of revolutions in Germany and Hungary in

3192-482: A social and economic democracy perspective on social problems, Douglas P. Biklen states: The theme of profit superseding individual well-being flows through this antimonopoly view of social problems. On the one hand, poor and middle income people find their lives deformed by their meager or nonexistent ability to pay for goods and services. Wealthy people, on the other hand, find that their relative position, in terms of wealth and power, grows with their ability to maintain

3325-633: A strong socialist presence. The Green Party of England and Wales features an eco-socialist group, the Green Left , which was founded in June 2005. Its members held several influential positions within the party, including both the former Principal Speakers Siân Berry and Derek Wall , himself an eco-socialist and Marxist academic. In Europe, several green left political parties such as the European United Left–Nordic Green Left combine traditional social-democratic values such as

3458-404: A temporary state between the capitalist state of affairs and a communist society . Marx defined the proletariat as salaried workers, in contrast to the lumpenproletariat , who he defined as the outcasts of society such as beggars, tricksters, entertainers, buskers, criminals and prostitutes. The political relevance of farmers has divided the left. In Das Kapital , Marx scarcely mentioned

3591-474: A variety of perspectives on "The Making of Social Problems". One of those views suggests that "writers and organizers who define social problems in terms of social and economic democracy see problems not as the experiences of poor people, but as the relationship of poverty to wealth and exploitation". Biklen states that according to this viewpoint: [C]orporate power, upper class power, uneven distribution of wealth and prejudice cause social problems... [T]he problem

3724-402: A variety of reform agendas. For example, as a means to securing full economic rights , it opens a path to full political rights , defined as including the former. Both market and non-market theories of economic democracy have been proposed. As a reform agenda, supporting theories and real-world examples can include decentralization , democratic cooperatives , public banking , fair trade and

3857-450: A way of ending large scale human misery. This perspective is, above all, eclectic. It embraces Marx's criticism of social class inequality but is not only a social class analysis. It is anti-racist, but it is not only a theory of race equality. It favors democratic distribution of power but is also an economic theory. It can be called a social and economic democracy perspective. In his 1879 book Progress and Poverty , Henry George argued that

3990-665: A whole or certain social hierarchies. Left-wing politics typically involve a concern for those in society whom its adherents perceive as disadvantaged relative to others as well as a belief that there are unjustified inequalities that need to be reduced or abolished through radical means that change the nature of the society they are implemented in. According to emeritus professor of economics Barry Clark, supporters of left-wing politics "claim that human development flourishes when individuals engage in cooperative, mutually respectful relations that can thrive only when excessive differences in status, power, and wealth are eliminated." Within

4123-653: A world of human equality, democracy and cooperation – is the alternative, capitalism will no longer be seen as a lesser evil. When the working class, not a revolutionary party, is the agency of social transformation, change will be based on workplace organization, community mobilizations and democratic political action. The goal will be to transform capitalism into economic democracy through gains and reforms that improve living conditions while methodically replacing wealth-holders' entitlement with human entitlement, capitalist ownership with community ownership and master-servant relations with workplace democracy. Assuming that "democracy

Tricontinental - Misplaced Pages Continue

4256-614: Is bourgeois nationalism . Some Marxists, together with others on the left, view nationalism , racism (including antisemitism) and religion as divide and conquer tactics used by the ruling classes to prevent the working class from uniting against them in solidarity with one another. Left-wing movements have often taken up anti-imperialist positions. Anarchism has developed a critique of nationalism that focuses on nationalism's role in justifying and consolidating state power and domination. Through its unifying goal, nationalism strives for centralisation (both in specific territories and in

4389-426: Is a cause of the large-scale debt, unemployment, and poverty characteristic of economic recession and depression . According to Rasmus, income inequality in contemporary America increased as the relative share of income for corporations and the wealthiest one percent of households rose while income shares declined for 80-percent of the United States workforce. After rising steadily for three decades after World War II,

4522-493: Is between labor and monopoly... Abolish the monopoly that forbids men to employ themselves and capital could not possibly oppress labor... [R]emove the cause of that injustice which deprives the laborer of the capital his toil creates and the sharp distinction between capitalist and laborer would, in fact, cease to exist. For example, many analysts consider invention a "more or less costless store of knowledge, captured by monopoly capital and protected in order to make it secret and

4655-510: Is distributed around the world, and at its height, 87 countries received Tricontinental , and there were more than 100,000 subscribers , mostly students . At one time, it was very common for posters from issues of Tricontinental to be posted on the walls of student community centres. Left-wing politics Left-wing politics describes the range of political ideologies that support and seek to achieve social equality and egalitarianism , often in opposition to social hierarchy as

4788-444: Is generally considered monopoly or enclosure of the commons . Due to the economic imbalance inherently imposed, such monopoly structures tend to be centrally dictated by law, and must be maintained by military force, trade agreements, or both. In 1911, American journalist Ambrose Bierce defined "land" as: A part of the earth's surface, considered as property. The theory that land is property subject to private ownership and control

4921-414: Is no economic problem ". While he considers these functions a public wrong, Kellogg also asserted the responsibility of the public to find and implement a remedy. Generally considered monopoly power , some view this "public wrong" as the most influential factor in artificial scarcity . For example, Henry George further suggested: There is in reality no conflict between labor and capital; the true conflict

5054-424: Is not an aberration, indicating any sort of systemic malfunction. Rather, unemployment is a necessary structural feature of capitalism, intended to discipline the workforce. If unemployment is too low, workers make wage demands that either cut into profits to an extent that jeopardizes future investment, or are passed on to consumers, thus generating inflationary instability. Schweickart suggested, "Capitalism cannot be

5187-488: Is not compatible with genuine democracy. Assuming these "democratic deficits" significantly impact the management of both the workplace and new investment, many proponents of economic democracy tend to favor the creation and implementation of a new economic model over reform of the existing one. For example, Dr. Martin Luther King Jr. claimed "Communism forgets that life is individual. Capitalism forgets that life

5320-426: Is not just a political value, but one with profound economic implications, the problem is not to choose between plan and market , but to integrate these institutions into a democratic framework". Like capitalism, economic democracy can be defined in terms of three basic features: In real-world practice, Schweickart concedes economic democracy will be more complicated and less "pure" than his model. However, to grasp

5453-494: Is not one of poverty, but of enormous wealth. The problem is not one of gaps or cracks in an otherwise fine system but of a system which perpetuates prejudicial views concerning race, sex, age, and disability. The problem is not one of incompetence but of barriers to education, jobs, and power. Accordingly, as long as there is a deep gulf between social classes, both in terms of wealth, power, and outlook, traditional social programs will act merely as palliatives to oppression and not as

Tricontinental - Misplaced Pages Continue

5586-441: Is often cheaper for a business to borrow capital from a bank than to stockpile cash. If private savings are loaned out to entrepreneurs who use them to buy raw materials and hire workers, then aggregate demand is not reduced. However, when private savings are not reinvested, the whole economy suffers recession, unemployment, and disappearance of savings which characterize deficiency of effective demand. In this view, unemployment

5719-435: Is older than capitalism. Given its expansionist nature, capitalism has little inclination to stay home. While he conceded imperialism is not typically recognized as a legitimate allegation about the United States, Parenti argued: Emperors and conquistadors were interested mostly in plunder and tribute, gold and glory. Capitalist imperialism differs from these earlier forms in the way it systematically accumulates capital through

5852-409: Is siphoned from the periphery of empire and hoarded at the imperial-centers-of-capital: Over eight-hundred years ago the powerful of the city-states of Europe learned to control the resources and markets of the countryside by raiding and destroying others’ primitive industrial capital, thus openly monopolizing that capital and establishing and maintaining extreme inequality of pay. This low pay siphoned

5985-517: Is social, and the Kingdom of Brotherhood is found neither in the thesis of Communism nor the antithesis of Capitalism but in a higher synthesis. It is found in a higher synthesis that combines the truths of both". Regarding the gap between productivity and purchasing power, Dr. King maintained: The problem indicates that our emphasis must be two-fold. We must create full employment or we must create incomes. People must be made consumers by one method or

6118-421: Is sometimes used to justify hostility towards supranational organizations. Left-wing nationalism can also refer to any form of nationalism which emphasizes a leftist working-class populist agenda that seeks to overcome exploitation or oppression by other nations. Many Third World anti-colonialist movements have adopted leftist and socialist ideas. Third-Worldism is a tendency within leftist thought that regards

6251-506: Is the foundation of modern society.... Carried to its logical conclusion, it means that some have the right to prevent others from living; for the right to own implies the right exclusively to occupy; and in fact laws of trespass are enacted wherever property in land is recognized. It follows that if the whole area of terra firma is owned by A, B and C, there will be no place for D, E, F and G to be born, or, born as trespassers, to exist. In The Servile State (1912), Hilaire Belloc referred to

6384-529: Is their ability to raise capital from strangers. The corporate model benefits from laws that limit stockholders' liability to the amounts they have invested. In A Preface To Economic Democracy , Robert A. Dahl suggests that agrarian economy and society in the early United States "underwent a revolutionary transformation into a new system of commercial and industrial capitalism that automatically generated vast inequalities of wealth, income, status , and power ." Dahl claims that such inequalities result from

6517-415: Is unable to earn enough income to purchase its own production output. Corporate monopoly of common resources typically creates artificial scarcity , resulting in socio-economic imbalances that restrict workers from access to economic opportunity and diminish consumer purchasing power . Economic democracy has been proposed as a component of larger socioeconomic ideologies, as a stand-alone theory and as

6650-656: Is used for social and cultural politics. In the United Kingdom during the 1980s, the term hard left was applied to supporters of Tony Benn such as the Campaign Group and those involved in the London Labour Briefing newspaper as well as Trotskyist groups such as Militant and the Alliance for Workers' Liberty . In the same period, the term soft left was applied to supporters of

6783-526: The Bible . In the late 19th century, the Protestant Social Gospel movement arose in the United States which integrated progressive and socialist thought with Christianity through faith-based social activism. Other left-wing religious movements include Buddhist socialism, Jewish socialism and Islamic socialism. There have been alliances between the left and anti-war Muslims , such as

SECTION 50

#1732787763026

6916-523: The Cuban economy , propaganda posters were folded up and placed inside copies of the magazine, however, this was stopped, along with publication of Tricontinental , due to ink shortages and financial trouble. Tricontinental began to be printed again in 1995. In 2000, the decision was made to begin to reprint posters. Production of these materials ceased with the OSPAAAL's closure in 2019. The magazine

7049-998: The Democratic and Republican parties, or as synonyms for liberalism and conservatism , respectively. Since the Right was populist, both in the Western and the Eastern Bloc , anything viewed as avant-garde art was called leftist across Europe, thus the identification of Picasso's Guernica as "leftist" in Europe and the condemnation of the Russian composer Shostakovich 's opera ( The Lady Macbeth of Mtsensk District ) in Pravda as follows: "Here we have 'leftist' confusion instead of natural, human music". The spectrum of left-wing politics ranges from centre-left to far-left or ultra-left . The term centre-left describes

7182-637: The Enclosures Movement when he said, "England was already captured by a wealthy oligarchy before the series of great industrial discoveries began". If you sought the accumulated wealth preliminary to launching new industry, "you had to turn to the class which had already monopolized the bulk of the means of production in England. The rich men alone could furnish you with those supplies". According to Peter Barnes , author of Capitalism 3.0 , when Adam Smith wrote The Wealth of Nations in 1776,

7315-503: The Fortune 500 accounted for one-third of U.S. gross domestic product. By 2004 they commanded two-thirds. In other words, these few hundred corporations replaced smaller firms organized as partnerships or proprietorships . Corporations have established a homogeneous global playing field around which they can freely move raw materials, labor, capital, finished products, tax-paying obligations, and profits. Thus, corporate franchise has become

7448-599: The Republicans and Eugène Etienne , the president of the Parliamentary Colonial Group. After the antisemitic Dreyfus Affair in which officer Alfred Dreyfus was falsely convicted of sedition and exiled to a penal colony in 1894 before being exonerated in 1906, nationalism in the form of Boulangism increasingly became associated with the far-right. The Marxist social class theory of proletarian internationalism asserts that members of

7581-674: The Respect Party and the Stop the War Coalition in Britain. In France, the left has been divided over moves to ban the hijab from schools, with some leftists supporting a ban based on the separation of church and state in accordance with the principle of laïcité and other leftists opposing the prohibition based on personal and religious freedom. Social progressivism is another common feature of modern leftism, particularly in

7714-762: The Roman Catholic Church and supporting atheism and the separation of church and state , ushering in a policy known as laïcité . Karl Marx asserted that "religion is the sigh of the oppressed creature, the heart of a heartless world, and the soul of soulless conditions. It is the opium of the people ". In Soviet Russia, the Bolsheviks under Vladimir Lenin originally embraced an ideological principle which professed that all religion would eventually atrophy and resolved to eradicate organized Christianity and other religious institutions. In 1918, 10 Russian Orthodox hierarchs were summarily executed by

7847-563: The Saint-Imier International and later the International Workers' Association (IWA–AIT) . The Second International (1888–1916) became divided over the issue of World War I . Those who opposed the war, among them Vladimir Lenin and Rosa Luxemburg , saw themselves as further to the left. In the United States, leftists such as social liberals , progressives and trade unionists were influenced by

7980-638: The Second Republic was an attempt by the Left to re-assert itself after the 1848 Revolution , but only a small portion of the population supported this. In the mid-19th century, nationalism , socialism , democracy and anti-clericalism became key features of the French Left. After Napoleon III 's 1851 coup and the subsequent establishment of the Second Empire , Marxism began to rival radical republicanism and utopian socialism as

8113-530: The Third Estate ) generally sat to the left of the presiding member's chair in parliament while the ones in favour of the royal veto privilege sat on its right. That habit began in the original French National Assembly . Throughout the 19th century, the main line dividing Left and Right was between supporters of the French republic and those of the monarchy 's privileges. The June Days uprising during

SECTION 60

#1732787763026

8246-490: The Western world include strong opposition to the death penalty , torture , mass surveillance , and the war on drugs , and support for abortion rights, cognitive liberty , LGBTQ rights including legal recognition of same-sex marriage , same-sex adoption of children, the right to change one's legal gender , distribution of contraceptives , and public funding of embryonic stem-cell research . The desire for an expansion of social and civil liberties often overlaps that of

8379-526: The centre-left , especially social democrats who adopted the Third Way . Left-wing politics are typically associated with popular or state control of major political and economic institutions. Other leftists believe in Marxian economics , named after the economic theories of Karl Marx . Some distinguish Marx's economic theories from his political philosophy, arguing that Marx's approach to understanding

8512-639: The displacement of Keynesianism and post-war social democracy . One of the first actions of Ed Miliband , the Labour Party leader who succeeded Blair and Brown, was the rejection of the New Labour label and a promise to abandon the Third Way and turn back to the left. However, Labour's voting record in the House of Commons from 2010 to 2015 indicated that the Labour Party under Miliband had maintained

8645-674: The left–right political spectrum , Left and Right were coined during the French Revolution , referring to the seating arrangement in the French National Assembly . Those who sat on the left generally opposed the ancien régime and the Bourbon monarchy and supported the Revolution, the creation of a democratic republic and the secularisation of society while those on the right were supportive of

8778-413: The libertarian movement. Public education was a subject of great interest to groundbreaking social progressives such as Lester Frank Ward and John Dewey , who believed that a democratic society and system of government was practically impossible without a universal and comprehensive nationwide system of education. Various counterculture and anti-war movements in the 1960s and 1970s were associated with

8911-404: The regionalization of food production and currency . According to many analysts, deficiency of effective demand is the most fundamental economic problem. That is, modern society does not earn enough income to purchase its output. For example, economic geographer David Harvey claims, "Workers spending their wages is one source of effective demand, but the total wage bill is always less than

9044-475: The welfare state through industrial democracy and the social market to the nationalization of the economy and central planning , to the anarcho-syndicalist advocacy of a council-based and self-managed anarchist communism . During the Industrial Revolution , leftists supported trade unions . At the beginning of the 20th century, many leftists advocated strong government intervention in

9177-476: The working class should act in solidarity with working people in other countries in pursuit of a common class interest , rather than only focusing on their own countries. Proletarian internationalism is summed up in the slogan: " Workers of the world, unite! ", the last line of The Communist Manifesto . Union members had learned that more members meant more bargaining power. Taken to an international level, leftists argued that workers should act in solidarity with

9310-465: The " liberty to accumulate unlimited economic resources and to organize economic activity into hierarchically governed enterprises." According to author Greg MacLeod, the concept of the corporation originated in Roman times. However, "the modern business corporation evolved radically from its ancient roots into a form with little relation to the purpose as understood by historians of law." John Davis,

9443-701: The " proletariat can and must build the socialist society in one country". In April 1925, Nikolai Bukharin elaborated on the issue in his brochure titled Can We Build Socialism in One Country in the Absence of the Victory of the West-European Proletariat? , whose position was adopted as state policy after Stalin's January 1926 article titled On the Issues of Leninism (К вопросам ленинизма)

9576-399: The 1918–1920 years ended Bolshevik hopes for an imminent world revolution and led to the promotion of the doctrine of socialism in one country by Joseph Stalin . In the first edition of his book titled Osnovy Leninizma ( Foundations of Leninism , 1924), Stalin argued that revolution in one country is insufficient. By the end of that year in the second edition of the book, he argued that

9709-537: The 1970s onwards, environmentalism became an increasing concern of the left, with social movements and several unions campaigning on environmental issues and causes. In Australia, the left-wing Builders Labourers Federation , led by the communist Jack Mundy, united with environmentalists to place green bans on environmentally destructive development projects. Several segments of the socialist and Marxist left consciously merged environmentalism and anti-capitalism into an eco-socialist ideology. Barry Commoner articulated

9842-526: The 19th and 20th centuries. In addition, the term left-wing has also been applied to a broad range of culturally liberal social movements, including the civil rights movement , feminist movement , LGBT rights movement , abortion-rights movements , multiculturalism , anti-war movement and environmental movement as well as a wide range of political parties . ‌ The following positions are typically associated with left-wing politics. Left-leaning economic beliefs range from Keynesian economics and

9975-478: The British Labour Party who were perceived to be more moderate and closer to the centre, accepting Keynesianism . Under the leadership of Tony Blair and Gordon Brown , the Labour Party adopted the Third Way and rebranded itself as New Labour in order to promote the notion that it was less left-wing than it had been in the past to accommodate the neoliberal trend arising since the 1970s with

10108-673: The British Enclosures, "perhaps half of the whole population was proletarian ", while roughly the other "half" owned and controlled the means of production. Under modern Capitalism, J.W. Smith claimed that fewer than 500 individuals possess more wealth than half of the earth's population. The wealth of 1/2 of 1-percent of the United States population roughly equals that of the lower 90-percent. Advocating for an "alternative economic system free of capitalism's structural flaws", economist Richard D. Wolff says reform agendas are fundamentally inadequate, given that capitalist corporations,

10241-486: The Earth. This principle is reflected in much of the historical left-wing thought and literature that came afterwards, although there were disagreements about what this entailed. Both Karl Marx and the early socialist philosopher and scholar William Morris arguably had a concern for environmental matters. According to Marx, "[e]ven an entire society, a nation, or all simultaneously existing societies taken together, are not

10374-448: The Left is also divided over how to effectively and equitably reduce carbon emissions as the center-left often advocates a reliance on market measures such as emissions trading and a carbon tax while those further to the left support direct government regulation and intervention in the form of a Green New Deal , either alongside or instead of market mechanisms. The question of nationality , imperialism and nationalism has been

10507-485: The New Left. Unlike the earlier leftist focus on labour union activism and a proletarian revolution, the New Left instead adopted a broader definition of political activism commonly called social activism . The New Left in the United States is associated with the hippie movement , mass protest movements on school campuses and a broadening of focus from protesting class -based oppression to include issues such as gender , race and sexual orientation . The British New Left

10640-553: The United States, where social progressives played an important role in the abolition of slavery , the enshrinement of women's suffrage in the United States Constitution , and the protection of civil rights , LGBTQ rights , women's rights and multiculturalism . Progressives have both advocated for alcohol prohibition legislation and worked towards its repeal in the mid to late 1920s and early 1930s. Current positions associated with social progressivism in

10773-457: The anti- capital punishment movement and Liberation Theology . Early utopian socialist thinkers such as Robert Owen , Charles Fourier and the Comte de Saint-Simon based their theories of socialism upon Christian principles. Other common leftist concerns such as pacifism , social justice , racial equality , human rights and the rejection of capitalism and excessive wealth can be found in

10906-611: The crown or the nation. MacLeod goes on to say: A corporation is considered by the law to exist as a legal person. In the Middle Ages it was called a "persona ficta". This is a very useful way of looking at a business corporation, because it suggests correctly that the corporate person has a certain personality. It has duties and responsibilities vested unto it by the legitimate government or society that fostered it. The corporate person receives great benefits from society – and, in return, it must exercise great responsibilities. One of

11039-550: The destruction of the Glass-Steagall Act , the current assault on Social Security , the shift in the federal tax burden from business to individuals and from upper- to middle-income individuals, and so on. According to David Schweickart, a serious critique of any problem cannot be content to merely note the negative features of the existing model . Instead, we must specify precisely the structural features of an alternative: "But if we want to do more than simply denounce

11172-928: The developing world such as the Zapatista Army of National Liberation in Mexico, the Abahlali baseMjondolo in South Africa and the Naxalites in India have argued that the First World and the Second World Left takes a racist and paternalistic attitude towards liberation movements in the Third World. The original French Left was firmly anti-clerical , strongly opposing the influence of

11305-489: The division between First World and Second World developed countries and Third World developing countries as being of high political importance. This tendency supports decolonization and national liberation movements against imperialism by capitalists. Third-Worldism is closely connected with African socialism , Latin American socialism , Maoism , pan-Africanism and pan-Arabism . Several left-wing groups in

11438-487: The dominant form of business was partnership, in which regional groups of co-workers ran co-owned businesses. From this perspective, many considered the corporate model—stock sold to strangers—inherently prone to fraud. While numerous scandals historically support this dim view of corporate policy, small partnerships could not possibly compete with the aggregate capital generated by corporate economies of scale . The greatest advantage of corporations over any other business model

11571-545: The dominant institutions of the existing system, retain the incentives and the resources to undo any sort of reform policy. For example, Wolff goes on to say: The New Deal –era taxes on business and the rich and regulations of enterprise behavior proved vulnerable and unsustainable. The enemies of the New Deal had the incentives ( profit maximization ) and the resources (their returns on investments) to undo many of its reforms after World War II , with ever-greater effect in

11704-422: The economy is independent of his advocacy of revolutionary socialism or his belief in the inevitability of a proletarian revolution . Marxian economics do not exclusively rely on Marx and draw from a range of Marxist and non-Marxist sources. The dictatorship of the proletariat and workers' state are terms used by some Marxists, particularly Leninists and Marxist–Leninists , to describe what they see as

11837-554: The economy, preferring social ownership and local control in which a nation of decentralized regions is united in a confederation . The global justice movement , also known as the anti-globalisation movement and the alter-globalisation movement, protests against corporate economic globalisation due to its negative consequences for the poor, workers, the environment, and small businesses. Leftists generally believe in innovation in various technological and philosophical fields and disciplines to help causes they support. One of

11970-404: The economy. Leftists continue to criticize the perceived exploitative nature of globalization , the " race to the bottom " and unjust lay-offs and exploitation of workers. In the last quarter of the 20th century, the belief that the government (ruling in accordance with the interests of the people) ought to be directly involved in the day-to-day workings of an economy declined in popularity amongst

12103-404: The essential factors in producing wealth. Land includes all natural opportunities and forces. Labor includes all human exertion. Capital includes the portion of wealth devoted to producing more wealth. While the income of any individual might include proceeds from any combination of these three sources—land, labor and capital are generally considered mutually exclusive factors in economic models of

12236-415: The evils of capitalism, we must confront the claim that 'there is no alternative'—by proposing one." Schweickart argued that both full employment and guaranteed basic income are impossible under the restrictions of the U.S. economic system for two primary reasons: a) unemployment is an essential feature of capitalism, not an indication of systemic failure; and b) while capitalism thrives under polyarchy , it

12369-510: The facility, including organization, discipline, production techniques, and the nature, price, and distribution of products. Decisions concerning distribution are made democratically. Problems of authority delegation are solved by democratic representation. Management is chosen by the worker, not appointed by the State, not elected by the community at large and not selected by a board of directors elected by stockholders . Ultimate authority rests with

12502-409: The first decade of Soviet rule, before Joseph Stalin attacked ecologists and the science of ecology, purged environmentalists and promoted the pseudoscience of Trofim Lysenko during his rule up until his death in 1953. Similarly, Mao Zedong rejected environmentalism and believed that based on the laws of historical materialism, all of nature must be put into the service of revolution. From

12635-432: The first world and their junior partners in the third". Schweickart claimed that private savings are not only unnecessary for economic growth, they are often harmful to the overall economy. In an advanced industrial society, business credit is necessary for a healthy economy. A business that wants to expand production needs to command the labor of others, and money is the default mechanism for exercising this authority. It

12768-493: The foremost left-wing advocates was Thomas Paine, one of the first individuals since left and right became political terms to describe the collective human ownership of the world which he speaks of in Agrarian Justice. As such, most of left-wing thought and literature regarding environmentalism stems from this duty of ownership and the aforementioned form of cooperative ownership means that humanity must take care of

12901-412: The form of an empire, based on domination and subordination." "These geographic shifts", according to David Harvey, "are the heart of uneven geographic development". Vladimir Lenin viewed imperialism as the highest stage of capitalism. He asserted that the merging of banks and industrial cartels gave rise to finance capital, which was then exported (rather than goods) in pursuit of greater profits than

13034-408: The formation of militant organizations, political repression , conspiracism , xenophobia , and nationalism . In China, the term Chinese New Left denotes those who oppose the economic reforms enacted by Deng Xiaoping in the 1980s and 1990s, favour instead the restoration of Maoist policies and the immediate transition to a socialist economy. In the Western world , the term New Left

13167-553: The founding of the LGBTQ rights movement in the aftermath of the Stonewall Riots of 1969. Contemporary leftist activists and socialist countries such as Cuba are actively supportive of LGBTQ+ people and are involved in the struggle for LGBTQ+ rights and equality. In politics, the term Left derives from the French Revolution as the political groups opposed to the royal veto privilege ( Montagnard and Jacobin deputies from

13300-453: The general well-being to private profit and deny the polity a democratic voice in economic policy decisions. In addition to these moral concerns, economic democracy makes practical claims, such as that it can compensate for capitalism 's inherent effective demand gap. Proponents of economic democracy generally argue that modern capitalism periodically results in economic crises, characterized by deficiency of effective demand; as society

13433-506: The goods produced, and investor confidence tends to decline, triggering declines in production and employment. Such economic instability stems from a central contradiction: Wages are both a cost of production and an essential source of effective demand (needs or desires backed with purchasing power), resulting in deficiency of effective demand along with a growing interest in economic democracy. In chapter 3 of his book, "Community Organizing: Theory and Practice", Douglas P. Biklen discusses

13566-519: The gulf between social classes. Thus monopolies or concentrated wealth plays a large part in creating social problems. Indeed, one might say, monopolies and policies which promote the former or concentrations of wealth are the problem. The discipline of economics is largely a study of scarcity management; "the science which studies human behavior as a relationship between ends and scarce means which have alternative uses". Absent scarcity and alternative uses of available resources, many analysts claim there

13699-413: The history of imperial civilization. On a global scale, he says developed nations tended to impede or prohibit the economic and technological advancement of weaker developing countries through the military force, martial law, and inequitable practices of trade that typically characterize colonialism . Rhetorically termed as " survival of the fittest ", or " might makes right ", such economic crises stem from

13832-456: The home market could offer. Political and financial power became divided among international monopolist firms and European states, colonizing large parts of the world in support of their businesses. According to analyst Michael Parenti, imperialism is "the process whereby the dominant politico-economic interests of one nation expropriate for their own enrichment the land, labor, raw materials, and markets of another people." Parenti says imperialism

13965-518: The imbalances imposed by corporate imperialism . Just as cities in the Middle Ages monopolized the means of production by conquering and controlling the sources of raw materials and countryside markets, Smith claims that contemporary centers of capital now control our present world through private monopoly of public resources sometimes known as "the commons". Through inequalities of trade, developing countries are overcharged for import of manufactured goods and underpaid for raw material exports, as wealth

14098-404: The institution of wage labor. Most proposed models for economic democracy generally begin with democratizing the workplace and the ownership of capital. Other proposals advocate replacing the market with some form of planning, as well (for example, Parecon ). In worker self-management, each productive enterprise is controlled by those who work there. Workers are responsible for the operation of

14231-422: The international proletariat in order to further increase the power of the working class. Proletarian internationalism saw itself as a deterrent against war and international conflicts, because people with a common interest are less likely to take up arms against one another, instead focusing on fighting the bourgeoisie as the ruling class . According to Marxist theory, the antonym of proletarian internationalism

14364-451: The latter paving the way for the financial crisis of 2007–08 . According to David Harvey, "the export of capital and the cultivation of new markets around the world" is a solution "as old as capitalism itself" for the deficiency of effective demand. Imperialism, as defined by Dictionary of Human Geography , is "the creation and/or maintenance of an unequal economic, cultural, and territorial relationship, usually between states and often in

14497-432: The modern corporation is not a real person. Rather, the publicly traded stock corporation is what Barnes terms an " automaton ", explicitly designed to maximize return to its owners. A corporation never sleeps or slows down. It externalizes as many costs as possible, and never reaches an upper limit of profitability, because no such limit has yet been established. As a result, corporations keep getting larger. In 1955, sales of

14630-695: The most basic responsibilities is job creation, a fundamental need in any society. By the mid-nineteenth century, corporations could live forever, engage in any legal activity, and merge with or acquire other corporations. In 1886, the U.S. Supreme Court legally recognized corporations as “persons”, entitled under the Fourteenth Amendment to the same protections as living citizens . Unlike average citizens, large corporations had large flows of money at their disposal. With this money they can hire lobbyists , donate copiously to politicians, and sway public opinion . But, despite Supreme Court rulings,

14763-439: The nature of the system and to understand its essential dynamic, it is important to have a clear picture of the basic structure. Capitalism is characterized by private ownership of productive resources, the market, and wage labor. The Soviet economic model subordinated private ownership of productive resources to public ownership by collectivizing farms and factories. It further subordinated the market to central planning—but retained

14896-417: The organized exploitation of labor and the penetration of overseas markets. Capitalist imperialism invests in other countries, transforming and dominating their economies, cultures, and political life, integrating their financial and productive structures into an international system of capital accumulation. In his book, The Political Struggle for the 21st century , J.W. Smith examines the economic basis for

15029-444: The other. Once they are placed in this position, we need to be concerned that the potential of the individual is not wasted. New forms of work that enhance the social good will have to be devised for those for whom traditional jobs are not available. According to historian and political economist, Gar Alperovitz : "King’s final judgment stands as instructive evidence of his understanding of the nature of systemic challenge — and also as

15162-533: The owners of the earth. They are simply its possessors, its beneficiaries, and have to bequeath it in an improved state to succeeding generations". Following the Russian Revolution, environmental scientists such as revolutionary Alexander Bogdanov and the Proletkult organisation made efforts to incorporate environmentalism into Bolshevism and "integrate production with natural laws and limits" in

15295-411: The period since the 1970s. They systematically evaded, then weakened, the taxes and regulations of the New Deal, and eventually, when politically possible, eliminated them altogether. Business profits funded the parties, politicians, public relations campaigns, and professional think tanks that together shaped the real social effects and historical decline of government economic regulation. Examples include

15428-673: The personal decision to save rather than consume decreases aggregate demand, increases the likelihood of unemployment, and exacerbates the tendency toward economic stagnation. Since wealthy people tend to save more than poor people, the propensity of an economy to slump because of excess saving becomes ever more acute as a society becomes more affluent. Richard Wilkinson and Kate Pickett suggested that health and social problems are significantly worse in more unequal wealthy nations. They argue that there are "pernicious effects that inequality has on societies: eroding trust, increasing anxiety and illness, (and) encouraging excessive consumption" Regarding

15561-480: The placement along the political spectrum in a given time and place. At the end of the 18th century, upon the founding of the first liberal democracies , the term Left was used to describe liberalism in the United States and republicanism in France, supporting a lesser degree of hierarchical decision-making than the right-wing politics of the traditional conservatives and monarchists . In modern politics,

15694-462: The production and distribution of wealth. According to Henry George : "People seek to satisfy their desires with the least exertion". Human beings interact with nature to produce goods and services that other human beings need or desire. The laws and customs that govern the relationships among these entities constitute the economic structure of a given society. Alternately, David Schweickart asserts in his book, After Capitalism : "The structure of

15827-442: The same distance from the left as it did under Blair. In contrast, the election of Jeremy Corbyn as the Labour Party leader was viewed by scholars and political commentators as Labour turning back toward its more classical socialist roots, rejecting neoliberalism and the Third Way whilst supporting a democratic socialist society and an end to austerity measures. Economic democracy Economic democracy (sometimes called

15960-400: The search for lower wages comes to dominate the movement of capital, the result will be not only a lowering of worldwide wage disparities (the good to which some economists point) but also a lowering of total global income (a straight-out utilitarian bad)." Jack Rasmus, author of The War At Home and The Trillion Dollar Income Shift , argues that the increasing concentration of corporate power

16093-431: The source for a better kind of social revolution . This view has been criticized by several Marxists , especially Trotskyists , who characterized this approach as "substitutionism" which they described as a misguided and non-Marxist belief that other groups in society could "substitute" for and "replace" the revolutionary agency of the working class. Many early feminists and advocates of women's rights were considered

16226-497: The standard of living for most American workers has sharply declined between the mid-1970s to the present. Rasmus likens the widening income gap in contemporary American society to the decade leading up to the Great Depression , estimating "well over $ 1 trillion in income is transferred annually from the roughly 90 million working class families in America to corporations and the wealthiest non-working-class households. While

16359-462: The subject. Mikhail Bakunin thought the lumpenproletariat was a revolutionary class, while Mao Zedong believed that it would be rural peasants, not urban workers, who would bring about the proletarian revolution . Left-libertarians , anarchists and libertarian socialists believe in a decentralized economy run by trade unions , workers' councils , cooperatives , municipalities and communes, opposing both state and private control of

16492-489: The term Left typically applies to ideologies and movements to the left of classical liberalism , supporting some degree of democracy in the economic sphere . Today, ideologies such as social liberalism and social democracy are considered to be centre-left , while the Left is typically reserved for movements more critical of capitalism , including the labour movement , socialism , anarchism , communism , Marxism and syndicalism , each of which rose to prominence in

16625-503: The theory of socialism in one country. European social democrats strongly support Europeanism and supranational integration within the European Union , although there is a minority of nationalists and Eurosceptics on the left. Several scholars have linked this form of left-wing nationalism to the pressure generated by economic integration with other countries, often encouraged by neoliberal free trade agreements. This view

16758-506: The total capital in circulation (otherwise there would be no profit), so the purchase of wage goods that sustain daily life (even with a suburban lifestyle) is never sufficient for the profitable sale of the total output". In the Georgist view of any economic system , "wealth" includes all material things produced by labor for the satisfaction of human desires and having exchange value . Land , labor and capital are generally considered

16891-594: The traditional institutions of the Ancien Régime. Usage of the term Left became more prominent after the restoration of the French monarchy in 1815, when it was applied to the Independents . The word wing was first appended to Left and Right in the late 19th century, usually with disparaging intent, and left-wing was applied to those who were unorthodox in their religious or political views. Ideologies considered to be left-wing vary greatly depending on

17024-441: The wealth of the countryside to the imperial-centers-of-capital. The powerful had learned to plunder-by-trade and have been refining those skills ever since. Smith goes on to say that, like other financial empires in history, the contemporary model forms alliances necessary to develop and control wealth, keeping peripheral nations impoverished providers of cheap resources for the imperial capital centers. Belloc estimated that, during

17157-597: The works of Thomas Paine , who introduced the concept of asset-based egalitarianism which theorises that social equality is possible by a redistribution of resources. After the Reconstruction era in the aftermath of the American Civil War , the phrase "the Left" was used to describe those who supported trade unions, the civil rights movement and the anti-war movement . More recently, left-wing and right-wing have often been used as synonyms for

17290-485: Was an intellectually driven movement which attempted to correct the perceived errors of the Old Left . The New Left opposed prevailing authoritarian structures in society which it designated as " The Establishment " and became known as the "Anti-Establishment". The New Left did not seek to recruit industrial workers en masse, but instead concentrated on a social activist approach to organization, convinced that they could be

17423-474: Was in this period that the word wing was appended to both Left and Right. The International Workingmen's Association (1864–1876), sometimes called the First International, brought together delegates from many different countries, with many different views about how to reach a classless and stateless society. Following a split between supporters of Marx and Mikhail Bakunin , anarchists formed

17556-410: Was published. This idea was opposed by Leon Trotsky and his supporters, who declared the need for an international " permanent revolution " and condemned Stalin for betraying the goals and ideals of the socialist revolution. Various Fourth Internationalist groups around the world who describe themselves as Trotskyist see themselves as standing in this tradition while Maoist China formally supported

17689-700: Was sometimes opposed to imperialism . In the 1880s, there was a debate between leftists such as the Radical Georges Clemenceau , the Socialist Jean Jaurès and the nationalist Maurice Barrès , who argued that colonialism diverted France from liberating the "blue line of the Vosges ", in reference to Alsace-Lorraine; and the " colonial lobby " such as Jules Ferry of the Moderate Republicans , Léon Gambetta of

#25974