Proposals for “free buses” under capitalism—like the plan by New York politician Zohran Mamdani—paint a misleading picture: there’s no such thing as “free” in a system based on profit. While fare-free public transport would indeed make travel easier and lower emissions, the column warns that funding it via higher local taxes essentially subsidises employers by reducing the cost of living, which in turn can suppress wages. The only way to make transport—and all essential services—truly free and accessible for everyone, according to the authors, is to abolish the wage system entirely and bring the means of production into common, democratic ownership, enabling a socialist society where goods and services are provided solely to meet people’s needs.
In Woolly Thinking the author critiques trade union leader Sarah Woolley’s call to raise taxes on the rich and corporations in order to fund public services like housing, health, education, and a “just transition.” While she argues that the money already exists in society, the article contends that under capitalism, that wealth comes from surplus value created by workers — which capitalists then reinvest or hoard. Taxing profits would reduce incentives for reinvestment, likely leading to less job creation, lower wages, and a shrinking tax base. The piece warns that these reformist proposals misunderstand how capitalism fundamentally operates.
Articles taken from the November 2025 edition of The Socialist Standard.
World Socialist Radio is the official podcast of The Socialist Party of Great Britain. We have one single aim: the establishment of a society in which all productive resources – land, water, factories, transport, etc. – are taken into common ownership, and in which the sole motive for production is the fulfilment of human needs and wants.
World Socialist Radio is the official podcast of The Socialist Party of Great Britain. We have one single aim: the establishment of a society in which all productive resources – land, water, factories, transport, etc. – are taken into common ownership, and in which the sole motive for production is the fulfilment of human needs and wants.
To read more news, views, and analysis please visit: worldsocialism.org/spgb
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