"Insofar as the labor contract ...

“Insofar as the labor contract is “free,” what the worker receives is determined not by the real value of the goods he produces, but by his minimum needs and by the capitalists’ requirements for labor power in relation to the number of workers competing for jobs. It is important to understand that even in theory the payment of the worker is not determined by the value of his product.”

Einsteins thinking is clear and wonderful. His insights are - as always - still very relevant today.

monthlyreview.org

Monthly Review | Why Socialism?

Is it advisable for one who is not an expert on economic and social issues to express views on the subject of socialism? I believe for a number of reasons that it is.… Clarity about the aims and…

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