'A groundbreaking work of economic analysis. It is also a literary masterpice' Francis Wheen, GuardianOne of the most notorious and influential works of modern times, Capital is an incisive critique of private property and the social relations it generates. Living in exile in England, where this work was largely written, Marx drew on a wide-ranging knowledge of its society to support his analysis. Arguing that capitalism would cause an ever-increa...

In the first six months of 2026, employers in the United States named artificial intelligence as the reason for more than a hundred thousand announced job cuts. Almost every argument about what that means takes the same shape, whether it comes from the technology companies, from governments, or from the left: establish what the machine can do, how fast it can do it, and how many jobs it will take, and the politics are supposed to follow.The Fourth International has made exactly tha...

In 1977, the Colombian journal Ideología y Sociedad devoted twenty-eight pages of its twenty-first issue to an attack on Ernest Mandel's The Leninist Theory of Organisation. The author was Nahuel Moreno, leader of the Argentinian Trotskyist current that bore his name. The journal belonged to the Bloque Socialista, a Colombian organisation then seeking adhesion to the Fourth International. The attack was published without the texts it was attacking.Mandel replied i...

An interview with leading Marxist economist and historian Ernest MandelErnest Mandel was one of the leading Marxist intellectuals of the 20th century. His impact on the generation of the Sixties extended way beyond his political affiliation to the Fourth International. The SDS in Germany and its US equivalent read his work avidly. In France, too, all his key writings were published and debated. His pamphlet 'An Introduction to Marxist Economic Theory' sold a quarte...

Late Capitalism is the first major synthesis to have been produced by the contemporary revival of Marxist economics. It represents, in fact, the only systematic attempt so far ever made to combine the general theory of the "laws of motion" of the capitalist mode of production developed by Marx, with the concrete history of capitalism in the twentieth century.Mandel's book starts with a challenging discussion of the appropriate methods for studying the capitalist economies....

The "forgotten" second volume of Capital, Marx's world-shaking analysis of economics, politics, and history, contains the vital discussion of commodity, the cornerstone to Marx's theories.

This book collects essays exploring Marxist theory and history. Essays include historical examinations of Rosa Luxemburg's place in the German workers movement, the development of the bourgeois state, and of the roots of Nazi violence. Other chapters discuss Marx's notions of progress, alienation and emancipation, Luxemburg's views on political economy and political strategy. Also included are engagements with Ernst Bloch, analytical Marxism and Althusser, as well as a pioneering essay on ...

Marxists Against Stalinism brings together contributions from Ernest Mandel and Chris Harman in the long-running debate on the class nature of the USSR. Chris Harman argued that Soviet Union and the other "socialist" countries were bureaucratic state-capitalisms. Mandel argued that the Soviet Union had degenerated under the bureaucratic dictatorship of Stalin but had not reverted to a form of capitalism. Paul Le Blanc provides an introduction that looks back at the debate 30 years...

This book contains a selection of essays on key subjects Mandel worked on: the theory of the state, imperialism, reformism, and bureaucracy. "The Leninist Theory of Organisation" is an influential essay on class consciousness and organisation. The "Introduction to Marxist Economic Theory" was widely used as a textbook in classes on Marxist economics. This book is the first in a series of selected writings by Ernest Mandel.CONTENTS:Introduction by Ian ParkerThe Marxi...

Unfinished at the time of Marx's death in 1883 and first published with a preface by Frederick Engels in 1894, the third volume of Das Kapital strove to combine the theories and concepts of the two previous volumes in order to prove conclusively that capitalism is inherently unworkable as a permanent system for society. Here, Marx asserts controversially that - regardless of the efforts of individual capitalists, public authorities or even generous philanthropists - any market economy is i...

Ernest Mandel’s book is a study of Eurocommunism unlike any other. Written in the polemical tradition of Trotsky, its sweep extends well beyond the immediate prospects of the Communist Parties of Western Europe. Mandel traces the long historical process which has transformed the once embattled detachments of the Third International into the constitutionalist formations of “historic compromise” and “union of the people” today. He then goes on to argue that the national roads to socialism of...

A clear and compact guide to Marx’s road to Das KapitalErnest Mandel traces the development of Marx’s economic ideas from the Economic and Philosophical Manuscripts to the completion of the Grundrisse. In a series of crystalline chapters, he provides an overview of subjects central to Marxist economic theory. Mandel focuses on Marx’s concept of alienation, which gained much currency among Marxists in the twentieth century, and traces the ...