STEPHEN ARNELL on how US power politics is seeping into British broadcasting
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Does a ‘ruling class’ still exist?
This week, the MARX MEMORIAL LIBRARY explains that, while the ruling class might look somewhat different from Marx’s day, its fundamental nature remains unchanged
Behind the smoke clouds over Beirut lies a radical vision of a “Greater Israel.” The tactics from Gaza are now being deployed to depopulate south Lebanon, clearing the way for a permanent occupation and the reshaping of the Middle East, says MARC VANDEPITTE
Italians reject controversial judiciary reforms in a referendum that boosts the left, reports NICK WRIGHT
At this year’s TUC Young Workers Conference, delegates shared strategies, launched new initiatives and strengthened networks—laying the groundwork for a revitalised and more inclusive union movement, says FRASER McGUIRE
RAMZY BAROUD and ROMANA RUBEO analyse how the US has consistently negotiated in bad faith to secure the element of surprise in military attack
Coal-fired stoves in traditional homes are the primary source of extreme levels of air pollution in over-crowded Ulaanbaatar. As more people become climate-displaced, the situation is likely to worsen, write SCIENCE AND SOCIETY
YES, it does, though it’s changed a bit since Marx’s time. Most industrial and commercial capital — factories, machinery, distribution and communication systems — the means whereby wealth is created (with a little help from workers, of course) is rarely any longer owned directly by individuals but by companies.
Though most land is still privately owned (and that’s excluding the house and garden that you and I may own — land becomes “capital” only when it can be used to make a profit) increasing amounts are held as investment by financial institutions.
However despite the significant sums that are held by pension funds, local authorities, universities and other institutions that you and I may feel we have a stake in, capital — stocks, shares, bonds and other “investments” — are overwhelmingly in the hands of a relatively small number of individuals.
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