Late Capitalism

Late Capitalism
Author: Ernest Mandel
Publisher: Verso Books
Total Pages: 641
Release: 2024-07-30
Genre: Political Science
ISBN: 1804294756

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.

The Legacy of Ernest Mandel

The Legacy of Ernest Mandel
Author: Gilbert Achcar
Publisher: Verso
Total Pages: 292
Release: 1999
Genre: Biography & Autobiography
ISBN: 9781859847039

Ernest Mandel (1923-1995) was a member of what is now a very rare breed: he was a theorist of an activist Marxism. Leader of the international Trotskyist movement, lifelong revolutionary, and scholar of world renown, Mandel was one of those few individuals who combined the untiring activism of a political leader with intellectual work that commands the respect of the academy.

The Meaning of the Second World War

The Meaning of the Second World War
Author: Ernest Mandel
Publisher: Verso Books
Total Pages: 280
Release: 2020-05-05
Genre: History
ISBN: 1789601290

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. In concise chapters, Mandel examines the role played by technology, science, logistics, weapons and propaganda. Throughout, he weaves a consideration of the military strategy of the opposing states into his analytical narrative of the war and its results.

The Formation of the Economic Thought of Karl Marx

The Formation of the Economic Thought of Karl Marx
Author: Ernest Mandel
Publisher: Verso Books
Total Pages: 225
Release: 2016-09-06
Genre: Political Science
ISBN: 1784782335

A clear and compact guide to Marx’s road to Das Kapital Ernest Mandel traces the development of Marx’s economic ideas from the Economic and Philosophical Manuscripts to the completion of the Grundrisse. In a series of crystalline chapters, he provides an overview of subjects central to Marxist economic theory. Mandel focuses on Marx’s concept of alienation, which gained much currency among Marxists in the twentieth century, and traces the development of debates surrounding the labour theory of value, and Marx’s writings on communism and “crisis.” These discussions remain pertinent today, and these texts vital to all those who wish to interpret and to change the world.

Power and Money

Power and Money
Author: Ernest Mandel
Publisher: Verso
Total Pages: 272
Release: 1992
Genre: Bureaucracy
ISBN: 9780860913214

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.

Trotsky as Alternative

Trotsky as Alternative
Author: Ernest Mandel
Publisher: Verso Books
Total Pages: 290
Release: 2020-05-05
Genre: Political Science
ISBN: 1789607019

Leon Trotsky has become one of the twentieth century's most enduring political legends. Joining the Bolsheviks on the eve of the 1917 revolution he played a vital role as Lenin's right-hand man in the insurrection and went on to lead the Red Army to victory in the ensuing civil war. Having lost to Stalin the struggle for power which followed Lenin's death, he became an implacable opponent of the dictator over the next three decades-a stance which cost him his political career, his citizenship and ultimately his life. A charismatic orator, a prolific author and a political philosopher whose ideas continue to resonate in the wake of the collapse of the Stalinist regimes of Eastern Europe, Trotsky made an indelible mark on world history. Ernest Mandel, one of the foremost leaders of the international movement which Trotsky founded before the Second World War and an influential economist and political theorist, is uniquely placed to review the life and work of Trotsky. In Trotsky as Alternative he presents a portrait of his subject which is appreciative yet critical. He shows that Trotsky's contribution to the history of the twentieth century was primarily political rather than sociological, and this in a practical as well as a theoretical sense. He locates Trotsky's theory of uneven and combined development as a crucial tool whose explanatory power of the mechanisms of world imperialism is as relevant to the late capitalism of the 1990s as it was to the first three decades of the century when it was formulated. Ranging across Trotsky's struggles against Stalin's bureaucracy, his formulation of an alternative economic strategy, his theories relating to the Third World, fascism and the national question, his extensive literary criticism, and concluding with a moving assessment of an extraordinary life, this book is a fitting testimony to a man who, in Mandel's words, "will be judged by history as the most important strategist for the socialist movement."

The Marxist Theory of Alienation

The Marxist Theory of Alienation
Author: Ernest Mandel
Publisher: Pathfinder Press (NY)
Total Pages: 102
Release: 1973
Genre: Political Science
ISBN: 9780873482301

"Is alienation, or estrangement from one's fellow human beings, an innate and inevitable condition of human existence? The authors of this book say no. They explain that alienation is rooted in the development of class society itself, in the alienation of labor under all systems of private property from slavery to capitalism, where the products of the hands and minds of the vast majority are taken from them and controlled by the propertied class. Mandel and Novack argue that alienation can be overcome through the revolutionary fight for a society both free of domination by the capitalist class, and with complete democratic control of the government and economy by working people" -- Back cover.