Carlos Hudson Archive | Trotskyist Writers Index | ETOL Main Page
From Labor Action, Vol. 11 No. 24, 16 June 1947, p. 2.
Transcribed & marked up by Einde O’Callaghan for the Encyclopaedia of Trotskyism On-Line (ETOL).
Economics, the study of the production and distribution of wealth.
Employee representation, a fancy name for company unionism.
Employer, one who owns the tools of production or exchange and hires workers to exploit their, labor power.
Epigone, a disciple who falsifies and distorts the teachings of his master while still claiming to advocate those teachings.
Exploitation, has come to mean utilizing resources or squeezing labor so that every last bit of profit may be obtained.
Fabian, a member of the Fabian Society in England, or one sharing its views; a Fabian is a moderate socialist who advocates and preaches the possibility of gradual, peaceful reform through education.
Factory committee, a committee elected by all the employees of a factory, irrespective of union affiliation, to press for the interests of the workers.
Farm-Holiday Association, a radical organization formed by working farmers in the early 1930s to resist foreclosures on the farms through direct action against sheriffs, judges and other forces of capitalist law and order. Existed principally in Iowa and Minnesota.
Carlos Hudson Archive | Trotskyist Writers’ Index | ETOL Main Page
Last updated: 20 October 2022