‘Socialism’ is a word that is now habitually taken to refer to a particular social system that prevailed in different parts of the globe during the twentieth century. This system was defined primarily by single-party rule with public (mainly state) ownership of the means of production along with a centrally planned economy. Its material base was generalised commodity production. The spokespersons of this system claim that this socialism was derived from Marx. Paresh Chattopadhyay’s Socialism and Commodity Production argues the falsity of this claim. On the basis of a comprehensive...

In 2010 Greece entered a period of extreme austerity measures, but also of intense struggles and protests. Social and political crisis led to tectonic shifts in the political landscape and the rise to power of SYRIZA. However, despite the impressive expression of resistance in the 2015 referendum, the EU-IMF-ECB ‘Troika’ managed to impose the continuation of the same politics of austerity, privatisations, and neoliberal reforms. This social and political sequence poses important theoretical and analytical questions regarding capitalist crisis, public debt, European integration,...

Again, Dangerous Visions: Essays in Cultural Materialism brings together twenty-six essays charting the development of Andrew Milner’s distinctively Orwellian version of cultural materialism between 1981 and 2015. The essays address three substantive areas: the sociology of literature, cultural materialism and the cultural politics of the New Left, and utopian and science fiction studies. They are bookended by two conversations between Milner and his editor J.R. Burgmann, the first looking back retrospectively on the development of Milner’s thought, the second looking forward...

In Drums of War, Drums of Development, Jim Glassman analyses the geopolitical economy of industrial development in East and Southeast Asia during the Vietnam War era, showing how it was shaped by the collaborative planning of US and Asian elites. Challenging both neo-liberal and neo-Weberian accounts of East Asian development, Glassman offers evidence that the growth of industry (the 'East Asian miracle') was deeply affected by the geopolitics of war and military spending (the 'East Asian massacres'). Thus, while Asian industrial development has been presented as providing models for...

In Social-Imperialism in Britain Neil Redfern examines the relationship between British labour and British capital in the two world wars of the twentieth century. He argues that the Second World War, the so-called ‘People’s War’, no less than the First World War, was an imperialist war. He further argues that in both wars labour and capital entered into a social-imperialist contract in which labour would be rewarded for its support for war with such social and political reforms as votes for women and a health service, culminating in the ‘welfare state’ constructed after the Second...

In Marx on Capitalism, James Furner offers a new answer to the fundamental question of Marxism: can a thesis connecting capital, the state and classes with the desirability of socialism be developed from an analysis of the commodity? The Interaction-Recognition-Antinomy Thesis is anchored in a systematic retranslation of Marx’s writings. It provides an antinomy-based strategy for grounding the value of social humanity in working-class agency, facilitates a dialectical derivation of political representation, and condemns capitalism as unjust without appeal to rights.

In this first full-length biography of Alexander Bogdanov, James D. White traces the intellectual development of this key socialist thinker, situating his ideas in the context of the Russian revolutionary movement. He examines the part Bogdanov played in the origins of Bolshevism, his role in the revolutions of 1905 and 1917 and his conflict with Lenin, which lasted into Soviet times. The book examines in some detail Bogdanov’s intellectual legacy, which, though deliberately obscured and distorted by his adversaries, was considerable and is of lasting significance. Bogdanov was an...

In Marx, Women and Capitalist Social Reproduction, Martha E. Gimenez offers a distinctive perspective on social reproduction which posits that the relations of production determine the relations of social reproduction, and links the effects of class exploitation and location to forms of oppression predominantly theorised in terms of identity. Grounding her analysis on Marx’s theory and methodology, Gimenez examines the relationship between class, reproduction and the oppression of women in different contexts such as the reproduction of labour power, domestic labour, feminisation of...

In 1920 Lenin called on the Communist International to open a second front against the imperialist powers by fighting alongside nationalist and peasant movements in the colonies. Eighteen months later, leaders of fledgling East Asian communist parties and other revolutionaries gathered in Moscow to plan the way forward. The Congress of the Toilers of the Far East profoundly influenced the strategy of Communist Parties throughout the colonial world. But alliances with other parties were fragile and risky. East Asian Communist Parties suffered serious defeats in the years following the Congress...

In Speculation as a Mode of Production: Forms of Value Subjectivity in Art and Capital, Marina Vishmidt offers a new perspective on one of the main categories of capitalist life in the historical present. Writing not under the shadow but in the spirit of Adorno’s negative dialectic, her work pursues speculation through its contested terrains of philosophy, finance, and art, to arrive at the most detailed analysis that we now possess of the role of speculation in the shaping of subjectivity by value relations. Featuring detailed critical discussions of recent tendencies in the artistic...