A popular coal-miner’s riddle from the 1930s summarizes one of capitalism’s most visible and absurd contradictions. After a daughter asks her father why their home is so cold, he tells her they don’t have any money to purchase coal. He explains they don’t have money because he lost his job at the coal mine. When the daughter asks why he lost his job, the father answers: “Because we produced too much coal”.
For a contemporary example, how many of us have, through a religious institution, school, mutual aid organization, or other community group, participated in a clothing drive, soliciting gently-used clothing to give to those in need? How many of us need to borrow (or bargain-shop for) nice clothes for job interviews or court appearances? One would think the world is short on clothing. The truth is that the majority of the garments we produce go to landfills instead of other workers. In 2018, 60 percent of 100 billion clothing items were trashed. Despite the immense data-tracking technologies, even garment specialists don’t know how many clothes we produce each year, according to a 2024 article in The Guardian. Based on accessible information, however, “between 80bn and 150bn garments are made” annually, and 10 – 40 percent (or up to 60 billion clothing items) aren’t sold.
A November 2024 study by United Way NCA provides a more contemporary and data-based illustration of the inhumanity of capitalist overproduction. Analyzing data from the U.S. Census and the Department of Housing & Urban Development, they found “there are currently 28 vacant homes for every one person experiencing homelessness in the U.S.”.
There are countless other examples, some more dramatic than others, that show the absurdity of the capitalist system through one of its fundamental contradictions: overproduction. Generally speaking, overproduction occurs when too much is produced compared to how much can be sold at a profit.
Read the full article here: https://www.liberationschool.org/overproduction/
All content for Liberation Audio is the property of Liberation Audio and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
A popular coal-miner’s riddle from the 1930s summarizes one of capitalism’s most visible and absurd contradictions. After a daughter asks her father why their home is so cold, he tells her they don’t have any money to purchase coal. He explains they don’t have money because he lost his job at the coal mine. When the daughter asks why he lost his job, the father answers: “Because we produced too much coal”.
For a contemporary example, how many of us have, through a religious institution, school, mutual aid organization, or other community group, participated in a clothing drive, soliciting gently-used clothing to give to those in need? How many of us need to borrow (or bargain-shop for) nice clothes for job interviews or court appearances? One would think the world is short on clothing. The truth is that the majority of the garments we produce go to landfills instead of other workers. In 2018, 60 percent of 100 billion clothing items were trashed. Despite the immense data-tracking technologies, even garment specialists don’t know how many clothes we produce each year, according to a 2024 article in The Guardian. Based on accessible information, however, “between 80bn and 150bn garments are made” annually, and 10 – 40 percent (or up to 60 billion clothing items) aren’t sold.
A November 2024 study by United Way NCA provides a more contemporary and data-based illustration of the inhumanity of capitalist overproduction. Analyzing data from the U.S. Census and the Department of Housing & Urban Development, they found “there are currently 28 vacant homes for every one person experiencing homelessness in the U.S.”.
There are countless other examples, some more dramatic than others, that show the absurdity of the capitalist system through one of its fundamental contradictions: overproduction. Generally speaking, overproduction occurs when too much is produced compared to how much can be sold at a profit.
Read the full article here: https://www.liberationschool.org/overproduction/
Founding statement of the Party for Socialism and Liberation
Liberation Audio
16 minutes 56 seconds
2 years ago
Founding statement of the Party for Socialism and Liberation
We are in a period where the world’s poor and working people are waging heroic struggles against imperialist war and exploitation.
Millions of people poured into the streets in the last few years to prevent Bush and Cheney’s rush to war against Iraq, only to find that this imperialist war had the backing of both political parties of U.S. imperialism, of the big business media, of the corporations and the banks.
The protests were huge—the biggest anti-war demonstrations ever. The anti-war movement spanned the globe. It was an historic demonstration of unity by the people of all continents uniting against U.S. imperialism.
Yet the war machine pushed ahead. Today, tens of thousands of Iraqis are dead. Thousands of GIs, workers in uniform, have been killed or wounded, with more being sent to their deaths daily. Politicians of all stripes promise “endless war” — and it is only because of the fierce Iraqi resistance to the Pentagon occupation that has slowed, but not stopped, the plans for the next war for empire.
Read the full article here: https://www.liberationschool.org/founding-statement-of-the-party-for-socialism-and-liberation/
Liberation Audio
A popular coal-miner’s riddle from the 1930s summarizes one of capitalism’s most visible and absurd contradictions. After a daughter asks her father why their home is so cold, he tells her they don’t have any money to purchase coal. He explains they don’t have money because he lost his job at the coal mine. When the daughter asks why he lost his job, the father answers: “Because we produced too much coal”.
For a contemporary example, how many of us have, through a religious institution, school, mutual aid organization, or other community group, participated in a clothing drive, soliciting gently-used clothing to give to those in need? How many of us need to borrow (or bargain-shop for) nice clothes for job interviews or court appearances? One would think the world is short on clothing. The truth is that the majority of the garments we produce go to landfills instead of other workers. In 2018, 60 percent of 100 billion clothing items were trashed. Despite the immense data-tracking technologies, even garment specialists don’t know how many clothes we produce each year, according to a 2024 article in The Guardian. Based on accessible information, however, “between 80bn and 150bn garments are made” annually, and 10 – 40 percent (or up to 60 billion clothing items) aren’t sold.
A November 2024 study by United Way NCA provides a more contemporary and data-based illustration of the inhumanity of capitalist overproduction. Analyzing data from the U.S. Census and the Department of Housing & Urban Development, they found “there are currently 28 vacant homes for every one person experiencing homelessness in the U.S.”.
There are countless other examples, some more dramatic than others, that show the absurdity of the capitalist system through one of its fundamental contradictions: overproduction. Generally speaking, overproduction occurs when too much is produced compared to how much can be sold at a profit.
Read the full article here: https://www.liberationschool.org/overproduction/
