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.
Mon 1.09.12 | Rosa Luxemburg's Legacy
Proponent of the mass strike and socialist democracy, advocate of anticapitalism and anti-imperialism - Rosa Luxemburg is a thinker for our tumultuous times. Peter Hudis talks about the pioneering Marxist theoretician and leader, and why her radical politics and vision endure nearly a century after her assassination.
The apotheosis of money: the structural limits of capital valorization, casino capitalism and the global financial crisis - Robert Kurz
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”.
The Apotheosis of Money: The Structural Limits of Capital Valorization, Casino Capitalism and the Global Financial Crisis – Robert Kurz
1. Real Capital and Interest-Yielding Capital
Translated preface to the Russian fifth edition of Rosa Luxemburg's works The Accumulation of Capital and her Anti-Critique.
(as well as Bauer and Eckstein's critiques) by W.E. Motylev. It's a quite lengthy preface with its 43 pages. This text was written during third-period Stalinism in 1934 when the thought of unity with the Social-Democrats was rejected and Bukharin's opposition had been defeated.
Translator's introduction to the 1948 Chilean edition of Anton Pannekoek's Lenin as Philosopher - Lain Diez
A brief introduction to Pannekoek’s book on Lenin that defines the council communist tendency of Marxism as the long awaited bridge between Marxism and anarchism that promises to heal the rift of the Bakunin-Marx split in the First International. Written in the form of short “theses”, the text begins with a critical assessment of Trotsky’s opposition to Stalinism, supports Luxemburg’s and Mattick’s anti-Leninist critiques with regard to spontaneity and ends by agreeing with Karl Korsch’s negative identification of Leninism with social democracy as both being opposed to emancipatory socialism.
Translator’s Introduction to the 1948 Chilean Edition of Anton Pannekoek’s Lenin as Philosopher – Laín Díez
A few years before falling victim to an assassin’s blade, Trotsky placed the stamp of his opinion on Marxist literature in the following terms:
The modern left, bolshevism included, are all children of Zimmerwald. It was at the Zimmerwald conference in 1915 that the revolutionary left thrashed out the issues of its relation to the centrist and reformist wings of the movement and its orientation towards national self-determination... Lenin may have been well in advance of anyone in his call for revolutionary defeatism, but... Lenin's defence of the right of nations to self-determination was no more than a reiteration of orthodoxy and... in their assessment of the real consequences of support for nationalism the European left proved to be more perspicacious than Lenin.
[i] While bolshevik historiography tends to present bolshevism, and within bolshevism, Lenin, as the vanguard of the assault on opportunism, B.Shepherd shows that the reality was more complex.
1912 article written on the national question while Pannekoek was still a part of Social Democratic movement.
Exposition and review of Luxemburg's theory of accumulation.
НАКОПЛЕНИЕ КАПИТАЛА И ПРОБЛЕМА ИМПЕРИАЛИЗМА.
Finance and the realization problem in Rosa Luxemburg: a ‘circuitist’ reappraisal - Riccardo Bellfiore and Marco Passarella
Article showing that Rosa Luxemburg’s analysis of capitalist accumulation is framed within a ‘circuitist’ macroeconomic reading of capitalism as a monetary production economy