Mass organization
Often referred to as a “mass org.” A mass formation is any organization that does not require its membership to submit to ideological authority or an ideological program. In Stalin’s […]
Tag: political economics
Relations of production
(see also, means of production) Classes are made of complexes or networks of productive and property relations. The raw material of class analysis and its most basic building block […]
Ruling classes
Dependent on the prevailing mode of production. The ruling class or classes are a product of class society and generally maintain their position through use of the state. The current […]
Surplus value
Any period during which the worker has already made back the value of their wage and yet is still producing commodities for the capitalist. The formula for calculating surplus value […]
Tendency of the rate of profit to fall
(see also, rate of profit; composition of capital) The general rate of profit has a tendency to decrease over time. As capital becomes more competitive, it is required that […]
trade-union consciousness
The organic and naturally-arising consciousness of the working class that it must combine into unions to fight for reforms. This less-than-revolutionary consciousness does not grow from trade unionism to revolution […]
Wage labor
An element of commodity production – the mode of production whereby one sells their labor power in exchange for a wage. In order for waged labor to exist as […]