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'Late Capitalism'
“Three years after its publication in Germany, Ernest Mandel’s Late Capitalism has now appeared in a revised and updated English edition. Whatever one’s criticisms, it is a major contribution to the revival of Marxist economics now occurring in Britain and some other Western countries. Indeed it is, in . . .” read more
Neo-Classicism, Neo-Ricardianism and Marxism
“This essay will discuss the system of thought known as Neo-classical economics, the criticisms made of this system by the Neo-Ricardian school, and finally and especially, the relationship of Neo-Ricardianism to Marxism. The treatment of Neo-classical and Neo-Ricardian economics has been made deliberately general, in order to keep . . .” read more
Capitalism and the Modernizers
“The last twenty years have seen a boom of unprecedented size in the capitalist world. Never before has capitalism grown so fast for so long. This boom has been accompanied by far reaching institutional changes. Big business is becoming increasingly rational and calculating. It is beginning to plan . . .” read more
The Trap of an Incomes Policy
“When the Labour Party came to power last year, it was widely believed in the Labour movement that this was the beginning of a long period of socialist construction. Planning would replace the anarchy of the market and Britain would be forced to the left, both by the . . .” read more