In this unique volume, the International Institute for Research and Education's current and previous co-directors explain its origins, activity and challenges. On 11 June 1981, the Institut international de recherches et de formation pour promouvoir le socialisme scientifique et democratique (later shortened to the more versatile Institut International de Recherche et de Formation) was founded by a Belgian royal charter. It fulfilled a plan by Jacob Moneta, the editor-in-chief of the important big German trade union journal Metall, the Belgian Marxist economist Ernest Mandel, the Swiss...

In this updated and expanded edition of Invisible Leviathan, Murray E.G. Smith critically explores and makes significant contributions to the debate surrounding Karl Marx’s ‘capitalist law of value’ and its corollary, the law of the falling rate of profit. A powerful case is presented that capitalism has exhausted its potential to contribute to human progress. Humanity confronts a fateful choice: to allow this obsolescent system – which necessarily measures ‘wealth’ in terms of ‘abstract social labour’ and money profit – to destroy human civilisation; or to make the leap...