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Workers Vanguard No. 1071

10 July 2015

TROTSKY

LENIN

Fight Capitalist Misery!

(Quote of the Week)

In a June 1865 report to the General Council of the First International, Karl Marx laid out for the first time in public his theory of surplus value—the unpaid portion of workers’ labor that is the source of profit. In his conclusion, Marx emphasized that the working class must not only fight for higher wages and better conditions but also for the overthrow of the whole system of capitalist exploitation.

The very development of modern industry must progressively turn the scale in favour of the capitalist against the working man, and that consequently the general tendency of capitalistic production is not to raise, but to sink the average standard of wages, or to push the value of labour more or less to its minimum limit. Such being the tendency of things in this system, is this saying that the working class ought to renounce their resistance against the encroachments of capital, and abandon their attempts at making the best of the occasional chances for their temporary improvement? If they did, they would be degraded to one level mass of broken wretches past salvation. I think I have shown that their struggles for the standard of wages are incidents inseparable from the whole wages system, that in 99 cases out of 100 their efforts at raising wages are only efforts at maintaining the given value of labour, and that the necessity of debating their price with the capitalist is inherent in their condition of having to sell themselves as commodities. By cowardly giving way in their everyday conflict with capital, they would certainly disqualify themselves for the initiating of any larger movement.

At the same time, and quite apart from the general servitude involved in the wages system, the working class ought not to exaggerate to themselves the ultimate working of these everyday struggles. They ought not to forget that they are fighting with effects, but not with the causes of those effects; that they are retarding the downward movement, but not changing its direction; that they are applying palliatives, not curing the malady. They ought, therefore, not to be exclusively absorbed in these unavoidable guerilla fights incessantly springing up from the never-ceasing encroachments of capital or changes of the market. They ought to understand that, with all the miseries it imposes upon them, the present system simultaneously engenders the material conditions and the social forms necessary for an economical reconstruction of society. Instead of the conservative motto, “A fair day’s wage for a fair day’s work!” they ought to inscribe on their banner the revolutionary watchword, “Abolition of the wages system!

—Karl Marx, Value, Price and Profit (1865)

 

Workers Vanguard No. 1071

WV 1071

10 July 2015

·

Racist Terror and the Legacy of Slavery

Bloody Charleston

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On the Charleston Massacre: Who’s Next?

Hate Your Enemy!

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San Francisco 1984

We Tore Down the Flag of Slavery!

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Down With the European Union! No Support to Syriza!

Greece Votes No to EU Austerity

·

Europe: Racist Clampdown on Immigration

·

Is Russia Imperialist?

(Letters)

·

On Crime and Punishment

(Letters)

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Fight Capitalist Misery!

(Quote of the Week)

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Correction

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L.A. Union Tops Minimize Minimum Wage

How Low Can You Go

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Albert Woodfox Must Be Freed!

·

Montreal May Day Leaflet:

Mobilize the Working Class Against Capitalist Austerity!