Rosa Luxemburg

This first volume in Rosa Luxemburg’s Complete Works, entitled Economic Writings 1, contains some of Luxemburg’s most important statements on the globalization of capital, wage labor, imperialism, and pre-capitalist economic formations.

A detailed historical account and political analysis of the treaty that marked the official conclusion of the First World War on the Eastern Front, in which the author stridently advocates the position of the “left communists” who opposed the treaty and instead called for international revolutionary war, with extensive discussion of the connection between the opposing views on this question in the Bolshevik Party and crucial domestic controversies concerning revolutionary social organization and economic policy.

In this 1995 essay, Robert Kurz examines “fictitious capital”, “unproductive labor”, the “tertiary sector”, “State debt”, “speculative bubbles”, “derivatives”, and “globalization” in the context of the wave of bankruptcies, crashes and bailouts of the 80s and 90s; discusses Rosa Luxemburg’s crisis theory, Keynesianism, Aglietta’s “regulation theory”, and the “neo-liberal” offensive; and predicts a “devaluation shock” that will invalidate the bloated property claims of fictitious capital in a “monetary atomic explosion” heralding “the end of the history of the mode of production based on money”.

Translated preface to the Russian fifth edition of Rosa Luxemburg's works The Accumulation of Capital and her Anti-Critique.