Product Description: The very scale of the 1939–45 war has often tempted historians to study particular campaigns at the expense of the wider panorama. In this readable and richly detailed history of the conflict, the Belgian scholar Ernest Mandel (author of the acclaimed Late Capitalism) outlines his view that the war was in fact a combination of several distinct struggles and a battle between rival imperialisms for world hegemony...read more

Product Description: Ernest Mandel (1923–1995), was one of the most prominent anti-Stalinist Marxist intellectuals of his time. A political theorist and economist, his worldview was shaped by experiences in the Second World War as an underground political activist in Occupied Belgium and during his subsequent internment in a Nazi prison camp...read more

CONTENTS: Introduction - Labour, Necessary product, Surplus Product - Exchange, Commodity, Value – Money, Capital, Surplus-value – The Development of Capital - The Contradictions of Capitalism - Trade – Credit – Money – Agriculture- Reproduction and the Growth of National Income - Periodical Crises - Monopoly Capitalism - Imperialism – The Epoch of Capitalist Decline – The Soviet Economy – The Economy of the Transition Period – Socialist Economy – Origin, Rise and Withering Away of Political Economy- Bibliography – Index

Late Capitalism is the first major synthesis to have been produced by the contemporary revival of Marxist economics. It represents, in fact, the only systematic attempt so far ever made to combine the general theory of the “laws of motion” of the capitalist mode of production developed by Marx, with the concrete history of capitalism in the twentieth century.Mandel’s book starts with a challenging discussion of the appropriate methods for studying the capitalist economies. He seeks to show why the classical approaches of Luxemburg, Bukharin, Bauer and Grossman failed to accomplish the further development of Marxist theory whose urgency became evident after Marx’s death. He then sketches the structure of the world market and the variant types of surplus-profit that have characterized its successive stages. On these foundations, Late Capitalism proceeds to advance an extremely bold schema of the “long waves” of expansion and contraction in the history of capitalism, from the Napoleonic Wars to the present. Mandel criticizes and refines Kondratieff’s famous use of the notion.Mandel’s book surveys in turn the main economic characteristics of late capitalism as it has emerged in the contemporary period. The last expansionary long wave, it argues, started with the victory of fascism on the European continent and the advent of the war economies in the US and UK during the 1940s, and produced the record world boom of 1947-72. Mandel discusses the reasons why the dynamic upswing of growth in this period was bound to reach its limits at the turn of the 1970s, and why a long wave of economic stagnation and intensified class struggle has set in today.Late Capitalism is a landmark in Marxist economic literature. Specifically designed to explain the international recession of the 1970s, it is a central guide to understanding the nature of the world economic crisis today.

Product Description: This book presents new methods for the analysis of time series and the identification of long waves. In Part One it is shown that new time series analyses confirm the existence of Kondratieff long waves in economic growth for the 19th and 20th centuries...read more

Product Description: A discussion on the political contributions of V.I. Lenin and the Bolshevik Party in the decade and a half prior to the October 1917 revolutionary victory in Russia.

Analyses of bureaucratic power and privilege have an academic pedigree but have also long preoccupied socialists. The collapse of communist rule in the Soviet Union and Eastern Europe puts to a new test the classical theories concerning the relationship between bureaucracy and class. Power and Money is a timely contribution to this renewal of theory, exploring the social and historical roots of bureaucracy, both within the capitalist state and in workers’ mass organizations.Ernest Mandel draws on archival and contemporary accounts in an analysis of both capitalist administration and the ideology and practice of bureaucratic dictatorship in the communist bloc. He measures the actual performance of western and eastern societies against the forecasts of Lenin and Trotsky, Ludwig von Mises and Roberto Michels, or the more recent reflections of Amitai Etzioni and Alvin Gouldner. This lucid study challenges those theories—Stalinist, Weberian or social-democratic—which claim that an autonomous officialdom is a necessary feature of modern societies. It also furnishes a perceptive account of the specific dynamics of communist and post-communist society.

Analyzes the reforms made by Gorbachev, and describes the problems that remain, including party bureaucracy and involvement of the general public

Product Description: The very scale of the 1939–45 war has often tempted historians to study particular campaigns at the expense of the wider panorama. In this readable and richly detailed history of the conflict, the Belgian scholar Ernest Mandel (author of the acclaimed Late Capitalism) outlines his view that the war was in fact a combination of several distinct struggles and a battle between rival imperialisms for world hegemony...read more

Product Description: great read

Product Description: Ernest Mandel's book is a study of Eurocommunism unlike any other. Written in the polemical tradition of Trotsky, its sweep extends well beyond the immediate prospects of the Communist Parties of Western Europe. Mandel traces the long historical process which has transformed the once embattled detachments of the Third International into the constitutionalist formations of 'historic compromise' and 'union of the people' today...read more