Plantation owners, shipbuilders, and merchants connected with the slave trade accumulated vast fortunes that established banks and heavy industry in Europe and expanded the reach of capitalism worldwide.Eric Williams advanced these powerful ideas in Capitalism and Slavery, published in 1944. Years ahead of its time, his profound critique became the foundation for studies of imperialism and economic development.Binding an economic view of history with strong moral argument, Williams's study of the role of slavery in financing the Industrial Revolution refuted traditional ideas of economic and moral progress and firmly established the centrality of the African slave trade in European economic development. He also showed that mature industrial capitalism in turn helped destroy the slave system. Establishing the exploitation of commercial capitalism and its link to racial attitudes, Williams employed a historicist vision that set the tone for future studies.In a new introduction, Colin Palmer assesses the lasting impact of Williams's groundbreaking work and analyzes the heated scholarly debates it generated when it first appeared.

    I want to know how the economic engine of capitalism works the way it does, and why it might stutter and stall and sometimes appear to be on the verge of collapse. I also want to show why this economic engine should be replaced, and with what." --from the Introduction To modern Western society, capitalism is the air we breathe, and most people rarely think to question it, for good or for ill. But knowing what makes capitalism work--and what makes it fail--is crucial to understanding its long-term health, and the vast implications for the global economy that go along with it. In Seventeen Contradictions and the End of Capitalism, the eminent scholar David Harvey, author of A Brief History of Neoliberalism, examines the internal contradictions within the flow of capital that have precipitated recent crises. He contends that while the contradictions have made capitalism flexible and resilient, they also contain the seeds of systemic catastrophe. Many of the contradictions are manageable, but some are fatal: the stress on endless compound growth, the necessity to exploit nature to its limits, and tendency toward universal alienation. Capitalism has always managed to extend the outer limits through "spatial fixes," expanding the geography of the system to cover nations and people formerly outside of its range. Whether it can continue to expand is an open question, but Harvey thinks it unlikely in the medium term future: the limits cannot extend much further, and the recent financial crisis is a harbinger of this. David Harvey has long been recognized as one of the world's most acute critical analysts of the global capitalist system and the injustices that flow from it. In this book, he returns to the foundations of all of his work, dissecting and interrogating the fundamental illogic of our economic system, as well as giving us a look at how human societies are likely to evolve in a post-capitalist world.

    But as the free market reaches its extreme limits in the economic and environmental fallout, a reassessment of capitalism's most vigorous and eloquent enemy has never been more timely. Eric Hobsbawm provides a fascinating and insightful overview of Marxism. He investigates its influences and analyses the spectacular reversal of Marxism's fortunes over the past thirty years.

    When the old world is unexpectedly brought down in a total war, the band seizes control of the country, and the new regime it founds as the vanguard of a new world order is ruthlessly dominated from within by the former seminarian until he stands as the absolute ruler of a vast and terrible state apparatus, with dominion over Eurasia. But the largest country in the world is also a poor and backward one, far behind the great capitalist countries in industrial and military power, encircled on all sides. Shortly after seizing total power, Stalin conceives of the largest program of social reengineering ever attempted: the root-and-branch uprooting and collectivization of agriculture and industry across the entire Soviet Union. To stand up to the capitalists he will force into being an industrialized, militarized, collectivized great power is an act of will. Millions will die, and many more will suffer, but Stalin will push through to the end against all resistance and doubts. Where did such power come from? We think we know the story well. Remarkably, Stephen Kotkin’s epic new biography shows us how much we still have to learn. The product of a decade of scrupulous and intrepid research, Stalin contains a host of astonishing revelations. Kotkin gives an intimate first-ever view of the Bolshevik regime’s inner geography, bringing to the fore materials from Soviet military intelligence and the secret police. He details Stalin’s invention of a fabricated trial and mass executions as early as 1918, the technique he would later impose across the whole country. The book places Stalin’s momentous decision for collectivization more deeply than ever in the tragic history of imperial Russia. Above all, Kotkin offers a convincing portrait and explanation of Stalin’s monstrous power and of Russian power in the world. Stalin restores a sense of surprise to the way we think about the former Soviet Union, revolution, dictatorship, the twentieth century, and indeed the art of history itself.

    Power is the ultimate determinant in human society, being basic to the relations within any group and between groups. It implies the ability to defend one's interests and if necessary to impose one’s will by any means available. In relations between peoples, the question of power determines maneuverability in bargaining, the extent to which a people survive as a physical and cultural entity. When one society finds itself forced to relinquish power entirely to another society, that in itself is a form of underdevelopment.Before a bomb ended his life in the summer of 1980, Walter Rodney had created a powerful legacy. This pivotal work, How Europe Underdeveloped Africa, had already brought a new perspective to the question of underdevelopment in Africa. his Marxist analysis went far beyond the heretofore accepted approach in the study of Third World underdevelopment. How Europe Underdeveloped Africa is an excellent introductory study for the student who wishes to better understand the dynamics of Africa’s contemporary relations with the West.

    Vast in scope, exhaustive in original research, written with passion, narrative skill, and human sympathy, A People's Tragedy is a profound account of the Russian Revolution for a new generation. Many consider the Russian Revolution to be the most significant event of the twentieth century. Distinguished scholar Orlando Figes presents a panorama of Russian society on the eve of that revolution, and then narrates the story of how these social forces were violently erased. Within the broad stokes of war and revolution are miniature histories of individuals, in which Figes follows the main players' fortunes as they saw their hopes die and their world crash into ruins. Unlike previous accounts that trace the origins of the revolution to overreaching political forces and ideals, Figes argues that the failure of democracy in 1917 was deeply rooted in Russian culture and social history and that what had started as a people's revolution contained the seeds of its degeneration into violence and dictatorship. A People's Tragedy is a masterful and original synthesis by a mature scholar, presented in a compelling and accessibly human narrative.

    A careful study of this document can help us better understand many fundamental questions, including: how did capitalism transform into its higher and final stage of imperialism, how a Party should be constituted and by whom, and the importance of the worker and peasant alliance.

    Focusing on the urban population, Fitzpatrick depicts a world of privation, overcrowding, endless lines, and broken homes, in which the regime's promises of future socialist abundance rang hollowly. We read of a government bureaucracy that often turned life into a nightmare, and of how ordinary citizens tried to circumvent it. We also read of the secret police, whose constant surveillance was endemic at this time, and the waves of terror, like the Great Purges of 1937, which periodically cast society into turmoil.

    With the same breath, they implore us to leave the job of understanding the magical powers of the market to the “experts."Despite the efforts of these mainstream commentators to convince us otherwise, many of us have begun to question why this system has produced such vast inequality and wanton disregard for its own environmental destruction. This book offers answers to exactly these questions on their own terms: in the form of a radical economic theory.

    First published in the 1980s by activists with decades of experience organizing in grassroots anticapitalist struggles against white supremacy, the book soon established itself as an essential reference point for revolutionary nationalists and dissident currents within the predominantly colonialist Marxist-Leninist and anarchist movements at that time.Always controversial within the establishment Left Settlers uncovers centuries of collaboration between capitalism and white workers and their organizations, as well as their neocolonial allies, showing how the United States was designed from the ground up as a parasitic and genocidal entity. Settlers exposes the fact that America’s white citizenry have never supported themselves but have always resorted to exploitation and theft, culminating in acts of genocide to maintain their culture and way of life. As recounted in painful detail by Sakai, the United States has been built on the theft of Indigenous lands and of Afrikan labor, on the robbery of the northern third of Mexico, the colonization of Puerto Rico, and the expropriation of the Asian working class, with each of these crimes being accompanied by violence.This new edition includes “Cash & Genocide: The True Story of Japanese-American Reparations” and an interview with author J. Sakai by Ernesto Aguilar.Please note that none of the illustrations from the paperback edition are included in the digital version.

    We have to see that the economy is itself the crisis. It's not that there's not enough work, it's that there is too much of it. The Coming Insurrection is an eloquent call to arms arising from the recent waves of social contestation in France and Europe. Written by the anonymous Invisible Committee in the vein of Guy Debord—and with comparable elegance—it has been proclaimed a manual for terrorism by the French government (who recently arrested its alleged authors). One of its members more adequately described the group as “the name given to a collective voice bent on denouncing contemporary cynicism and reality.” The Coming Insurrection is a strategic prescription for an emergent war-machine capable of “spreading anarchy and live communism.” Written in the wake of the riots that erupted throughout the Paris suburbs in the fall of 2005 and presaging more recent riots and general strikes in France and Greece, The Coming Insurrection articulates a rejection of the official Left and its reformist agenda, aligning itself instead with the younger, wilder forms of resistance that have emerged in Europe around recent struggles against immigration control and the “war on terror.” Hot-wired to the movement of '77 in Italy, its preferred historical reference point, The Coming Insurrection formulates an ethics that takes as its starting point theft, sabotage, the refusal to work, and the elaboration of collective, self-organized life forms. It is a philosophical statement that addresses the growing number of those—in France, in the United States, and elsewhere—who refuse the idea that theory, politics, and life are separate realms.

    Taking ten of the most common objections to Marxism—that it leads to political tyranny, that it reduces everything to the economic, that it is a form of historical determinism, and so on—he demonstrates in each case what a woeful travesty of Marx's own thought these assumptions are. In a world in which capitalism has been shaken to its roots by some major crises, Why Marx Was Right is as urgent and timely as it is brave and candid. Written with Eagleton's familiar wit, humor, and clarity, it will attract an audience far beyond the confines of academia.

    But in the Soviet Union, where the ruling elites embraced, patronized, and even fetishized science like never before, scientists lived their lives on a knife edge. The Soviet Union had the best-funded scientific establishment in history. Scientists were elevated as popular heroes and lavished with awards and privileges. But if their ideas or their field of study lost favor with the elites, they could be exiled, imprisoned, or murdered. And yet they persisted, making major contributions to 20th century science.Stalin and the Scientists tells the story of the many gifted scientists who worked in Russia from the years leading up to the Revolution through the death of the “Great Scientist” himself, Joseph Stalin. It weaves together the stories of scientists, politicians, and ideologues into an intimate and sometimes horrifying portrait of a state determined to remake the world. They often wreaked great harm. Stalin was himself an amateur botanist, and by falling under the sway of dangerous charlatans like Trofim Lysenko (who denied the existence of genes), and by relying on antiquated ideas of biology, he not only destroyed the lives of hundreds of brilliant scientists, he caused the death of millions through famine.But from atomic physics to management theory, and from radiation biology to neuroscience and psychology, these Soviet experts also made breakthroughs that forever changed agriculture, education, and medicine. A masterful book that deepens our understanding of Russian history, Stalin and the Scientists is a great achievement of research and storytelling, and a gripping look at what happens when science falls prey to politics.

    It is notable also for elucidating the principles of "To each according to his contribution" as the basis for a "lower phase" of communist society directly following the transition from capitalism and "From each according to his ability, to each according to his needs" as the basis for a future "higher phase" of communist society. In describing the lower phase, he states that "the individual receives from society exactly what he gives to it" and advocates remuneration in the form of non-transferable labor vouchers as opposed to money.The Critique of the Gotha Program, published after his death, was among Marx's last major writings.

    Such descriptions are based largely on prejudice, ignorance and wilful animosity. This book is an attempt to provide a more balanced evaluation and to examine GDR-style socialism in terms of what we can learn from it. The authors, while not ignoring the real deficiencies of GDR society, emphasise the many aspects that were positive, and demonstrate that alternative ways of organising society are possible. This volume is an updated and much expanded edition of their booklet first published in 2009. The authors have added more detail on how the GDR came into being as a separate state, and about how society functioned and what values determined the every-day life of its citizens. There is also a whole new section on what happened in the aftermath of unification, particularly to the economy. While unification brought East Germans access to a more affluent society, freedom to travel throughout the world and the end to an over-centralised political system, it also brought with it unemployment, social breakdown and loss of hope, particularly in the once thriving rural areas.