May 2019
Study circle: Karl Marx on Value, Price and Profit
With wages growth for workers at an all-time low, the Labor Party has declared the 2019 federal election “a referendum on wages.” Wages has long been a hot topic for working people. Marx addressed the question in 1865. Published as a pamphlet, his analysis on wages and profit under capitalism still holds the key for workers today. An understanding of political economy is essential, especially for trade unionists. We are fed a steady diet of neoliberal economics and taught to…
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