Socialist Studies
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[This is the web site of the reconstituted Socialist Party of Great Britain who were expelled from the Claphambased Socialist Party in May 1991 for using the name “The Socialist Party of Great Britain” in our propaganda as required by Clause 6 of The Object and Declaration of Principles formulated in 1904 to which we agree. We reconstituted ourselves as The Socialist Party of Great Britain in June 1991. Any money given to us for literature or support is in recognition that we are not the Clapham based Socialist Party at 52 Clapham High Street and any mistakes will be rectified.]
Socialist Studies No.58, Winter 2005
How Capitalism Copes With Calamities We are often asked just how would Socialism work. What exactly is meant by “from each according to their ability, to each according to their needs”, and “production for use, not for profit”? Behind such questions, there is often a genuine fear that what Socialists advocate would turn out to be a madcap, utopian experiment, likely to end in disaster or some nightmare of a dictatorship. There is also the unspoken assumption that capitalism actually works. But the persistence of poverty and misery, cyclical mass unemployment, and wars: all these features of today’s world, in spite of the best efforts of generations of politicians and reformers, show clearly that the capitalist social and economic system has serious, dangerous, incurable, systemic drawbacks. Let us consider some recent experiences of natural disasters in many parts of the world, including the allpowerful United States of America. Recent examples just in the last year or so – include the following: * A tsunami in the Indian Ocean * Cyclones in the Bay of Bengal * Drought and famine in Niger * Typhoons flooding coastal China * Hurricanes in the Gulf of Mexico, flooding New Orleans * Earthquake in mountainous regions of Pakistan and Kashmir * Floods and landslips in Central America Whether exceptionally strong hurricanes, cyclones, typhoons and flooding are – at least in part – caused by climate change may still be a moot point. Look however at the effects of these events which