Tendance Coatesy

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Posts Tagged ‘State Monopoly Capitalism

Communist Party of Britain Calls for Unity Behind Anti-Monopoly Alliance.

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Communists to Promote Unity Candidates Against Labour.

As the class struggle intensifies and working people are uniting in a struggle for popular sovereignty against state monopoly capitalism in the EU and Britain the British Communist Party has launched an appeal for an anti-Monopoly People’s Convention for all those against monopolies and for People. 




Britain’s Communists renewed their call for large-scale public ownership in the pharmaceutical industry to ensure that research, development and manufacturing addressed people’s health needs at home and internationally, instead of seeking market share and maximum profits from the NHS and private treatment for the rich.  Mr Greenshields, a former trade union president, welcomed the growing readiness of workers and their trade unions to resist attacks on jobs, employment contracts, pay and pensions, urging greater unity between them in each sector of the economy.

The CP executive endorsed his call for an alliance of labour movement bodies, the People’s Assembly and other campaigning organisations to oppose monopoly domination of government policies and the economy.  ‘We need an Anti-Monopoly People’s Convention to highlight the negative role played by big business in our society – and to highlight an alternative strategy’, Mr Greenshields proposed.

Cdes frantically searching for old books on State Monopoly capitalism, the theory that a fusion of the state and big business has led to this stage of capitalism, will recall that, “The strategic political implication of the theory for Marxist-Leninists, towards the end of the Stalin era and afterwards, was that the labour movement should form a people’s democratic alliance under the leadership of the Communist Party with the progressive middle classes and small business, against the state and big business (called “monopoly” for short). Sometimes this alliance was also called the “anti-monopoly alliance”.”

Ally of the Morning Star, ‘Tribune’, has also been unearthing the theory.

The Era of State-Monopoly Capitalism

Grace Blakeley

The challenge we face is not, then, primarily arguing for more state intervention. Instead, we must concern ourselves with how state power is being used — and who is wielding it. By the end of this crisis, a tiny oligarchy of politicians, central bankers, financiers, and corporate executives will have further expanded their power in the global economy. The challenge for the Left will be to hold them to account.

The only way to do so will be making the case for radically democratising our economies and our states. Publicly owned corporations must be governed by workers, consumers, and representatives of the general public. Our economic institutions — most notably the central bank and the Treasury — must engage ordinary people in their decision-making processes.

When this crisis is over, our collective capacity to expand, manage, and plan economic activity will no longer be up for debate. The question we will face is who is undertaking that economic management, and in whose interests.

Few would dispute the important role of the state, acting with business, has played a central role in governing large areas of the economy during the Coronavirus crisis. Whether it is has reversed decades of globalisation, and the internationalisation of finance, trade and production flows to recreate a state monopoly capitalism is another matter. Brexit, which the CPB enthusiastically  backed, was not just a national neo-liberal project but an international free trade strategy. Those who supported ‘Lexit’ ended up paving the way for trade deals that will reinforce this internationalisation. The  ‘tiny oligarchy’  has bases beyond any one state. Amazon and Microsoft only some of the most visible indications of the depth of the process of globalisation. They show no signs of disappearing..

The political problem is equally,  what is the social force behind an anti-monopoly alliance? The CPB casts its net wide, out to ‘labour movement bodies’, though they are not as all-embracing as the kind of ‘democratic alliance’ which seems to be behind Blackley’s call to “ordinary people”.

Or to put it simply: how does standing candidates against Labour help build ‘unity’ for the CPB  alliance?

In another unity move the Socialist Party and the RMT are holding this conference soon.

Come to the TUSC local elections conference – 7 February

Fighting back against Starmer’s new, ‘New Labour’ – including at the ballot box!

Starmer’s Labour cannot be trusted to stand up for ordinary people. That is why the Trade Unionist and Socialist Coalition (TUSC) is preparing to stand across the UK this May in the many elections taking place.

Howie reports on the latest:

Spelthorne Labour Councillors quit and may link up with far-left TUSC


Another unity campaigner Chris Williamson, who seemed to back TUSC, appearing on George Galloway’s Workers Party of Britain (Communist Party of Great Britain – Marxist-Leninist, pro North Korean):




Written by Andrew Coates

February 2, 2021 at 12:50 pm