Rosa Luxemburg

[Read more from Links International Journal of Socialist Renewal on Lenin, Trotsky and

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Introduction by Mike Treen

May 2, 2011 -- Links International Journal of Socialist Renewal -- Below is the latest entry from the Critique of Crisis Theory blog by Sam Williams [posted here with Williams' permission]. In it he analyses the current stage of the industrial cycle and asks, “Is the economic crisis over?”.

I hope that reading this post will encourage people to look more closely at the entire series on Critique of Crisis Theory, which has taken the form of a developing book on crisis theory.

The first chapter explains the biggest challenge the author faced — the fact that Marx did not leave a completed crisis theory. It was certainly the plan when Marx began Capital, but in the end only one volume was completed before his death and volumes two and three only took partial steps to a completed theory.

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Rosa Luxemburg and Karl Liebnecht, murdered by the Social Democrat government.

By Graham Milner

The German Communist Party (KPD) was founded in the very heat of revolutionary struggle. One of the party's major problems from the beginning was that it was formed as a separate organisation too late to influence significantly the course of the German Revolution of 1918-19. If there had been in existence at this time a mass revolutionary party along the lines of Lenin's Bolshevik party, then there could well have been a radical reconstruction of German society into a republic of workers' councils. Instead of such an outcome, the stunted bourgeois-democratic regime of Weimar came into being, in which most of the existing state machine, including the army, judiciary and civil service, was preserved intact.[1]

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Review by Barry Healy

Imperialism and Global Political Economy
By Alex Callinicos
Polity, 2009
227 pages

October 2, 2010 -- The topic of “imperialism” greatly occupied the minds of late-19th and early-20th century socialists. Some of the tradition’s greatest minds toiled mightily to discern the fundamental changes in capitalism that were occurring before their eyes.

Capitalism, as analysed by Karl Marx, had grown fat in its European heartland through the ruthless exploitation of colonies and the brutal factory system in its coal dark cities. But suddenly new phenomena started to appear in the late 1800s.

Banking capital moved from being a support for industrial capital, first merging into and then dominating manufacturing. This agglomeration of money power created massive industrial complexes, like Germany’s famous Krupps steelworks.

The colossal scale of these industrial works dwarfed human beings.

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Lenin (centre) with Trotsky (left) and Kamenev.

By Paul Kellogg

[This article first appeared in Socialist Studies: the Journal of the Society for Socialist Studies 5(2), Fall 2009. It has been posted at Links International Journal of Socialist Renewal with the author's permission.]