IMGpapers 1976–79

Newspapers of the International Marxist Group and its forerunners, 1976–79

Profits are the dynamo

Socialist Challenge No. 81, 1 February 1979 · p. 14 of the scan · 233 words

The scan: sc-n81-feb-1-1979.pdf (PDF, Marxists Internet Archive, opens at this page)

Uncorrected machine reading. This text was read by machine (Apple Vision OCR) from a scan of a newspaper page, and the page was cut into articles by machine, at the headlines found by their type size. Nothing has been corrected: expect misread words, text from a neighbouring article, and titles that are the machine reading of the headline, some of them only fragments. Quote from the scan, not from this page.
How this article was cut and titled: headline found by type size in the OCR geometry (split_tabloid.py); 4-4 of 7; machine-segmented newspaper page; uncorrected Vision OCR.

page 14 of the scan

RALPH MILIBAND (On behalf of The Isaac Deutscher Memorial Prize) PAUL Spotter (18 January) criticised your front page headline The crisis is a crisis of inequality, saying that it was a crisis of capitalist relations. Your editorial reply glibly stated that you thought it was fairly obvious that one amounted to the other. You are not only misleading but also wrong.

First, the IMG has many a time criticised the SWP for its It's the rich wot get the gravy', Lord Mayor's banquet, Rolls Royces, etc. approach. British capitalism cannot afford excessive' wage claims. Profits, not inequality, is the dynamo of the economic system.

Second, to whom is it obvious that inequality equals capitalism, other than revolutionaries and demagogues of 'this great movement of ours'? Our task is to explain the links between present consciousness and revolutionTHE LENGTH of letters printed will usually be kept down to 400 words in order to encourage as wide a range of contributions as possible. All letters may be cut at the Editor's discretion. Unsigned letters will not normally be published, although we will withhold real names from publication on request.

She Nat. Westminster cnanenoe Bookshop sellers SOUTH WEST York Vanbrugh College; Satur- ISLE OF WIGHT readers Socialist Challer 44 Union St, Ryde BATH Socialist Challenge eries details.

antivitiec of local Challenge Commercial Road Precinc Regent St (Brunel Centre)

BRISTOL Liberatian of Solege SOUTH EAST

← Overcoming sectarianismreformist leaders →

Something wrong on this page?