In this important new book a remarkable group of authors - academics, journalists and politicians - offer a radical reappraisal of the future of Left political theory and policy in the context of recent changes in society. Compiled by the Institute for Public Policy Research, the volume includes contributons by Anthony Giddens, Perry Anderson, Gordon Brown, Anne Phillips, Michel Rocart, David Marquand and Will Hutton among others and sets out many new ideas and concepts.

"Even the most superficial readers of the popular Press know today that Communism means the public ownership of the means of production. Fascism, on the other hand, Is still regarded principally as a political movement; The economic implications of the term are generally ignored. the meaning of the term ''corporate state' is unkown even to people whose general intelligence and special knowledge of foreign affairs and of economics is well above the average." -Paul Einzig

With a new introduction by the author, this is an enduring analysis of British politics, stressing the lessons to be learnt from history. By the winner of the 1993 Wolfson History Prize awarded as 'tribute to a lifetime's contribution to the study of history.'

This book sets forth both a theory and a comparative empirical analysis of stagflation, that peculiar combination of high unemployment, slow growth, and spurts of high inflation bedeviling the advanced industrial nations during the past fifteen years. The authors first construct a small macroeconomic model that takes full account of aggregate demand and supply forces in the determination of output, employment, and the price level, in both a single-economy and a multi-economy setting. They then apply the model to provide an understanding of comparative performance of industrial countries in the areas of unemployment, inflation, productivity, and investment growth. They argue convincingly that the decay of the major economies during this period resulted from the supply shocks of the 1970s, such as the two major OPEC oil-price increases, and from the consequent policy-induced decrease in demand in response to inflationary pressures. Their analysis differs markedly from similar studies in that it takes specific account of institutional differences in the labor markets of the various economies. This helps to explain in particular the divergent adjustment profiles of the United States and Europe. Bruno and Sachs make several key recommendations for the mix of demand management and incomes policies necessary to combat stagflation in individual countries as well as for the coordination of macroeconomic policies among the major industrial nations.

Michael Polanyi's The Contempt of Freedom quite plausibly helped to steel Friedrich Hayek to write The Road to Serfdom. In a 1941 review of Polanyi's book, Hayek wrote: The four essays [of the present book] were...written during the five years between 1935 and I940 when the ideas of liberty "were left almost uncultivated" and "the progressive minds were so fascinated by the prospects of the revolution in Russia that they had little interest left for the fate of the traditional liberties." [Polanyi's] analysis...in the essay on the "Rights and Duties of Science " is perhaps the most illuminating discussion yet attempted of the psychological propensities which so frequently turn the man of science into an ardent advocate of central planning, and of the inconsistencies which this attitude involves. While Professor Polanyi has no doubt that "the major force behind this attitude is the passionate desire to put science into the consciously organised service of human welfare", he is convinced that a consistent policy of "organising" all scientific research..."would actually stop the development of science altogether". Discover here an early work of the man who coined the term "spontaneous order" and wrote Science, Faith and Society (1946), The Logic of Liberty (1951), Personal Knowledge (1958), The Study of Man (1959), and The Tacit Dimension (1959).

A collection of fourteen essays in which Professor Postan draws together for the first time his contributions to the debate on historical method, and discusses from a variety of different angles, the inter-relation of history and the social sciences. After making, in his first three essays, a direct statement of his point of view, the author deals with two main aspects of the subject: time sequences and theoretical relevance of facts. He then proceeds to exemplify his point of view more particularly with relation to macro-economics and to certain specific issues within economic history as well as to economic history in general. In the final two chapters, one is on Karl Marx, the other on Hugh Gaitskell, he seeks to describe the intellectual climate in which the debate on methodology was held and in which his opinions on the subject were formed. The essays contained in this book will be of interest to all those involved in the social sciences, economics and history, as well as to those specifically concerned with historical methodology.

In this unconventionial and sharply written text, Hollander introduces the work of Smith, Ricardo, and Mill, and, on specific Malthus and Marx. He leads the student through the nuances of the arguments, making clear how he agrees with or challenges recieved ideas about their writings. Attention is given to the precursors of the classics, to their immediate successors, and to the Sraffian system.

This classic book is an ideal introduction to economic thought and the dominance of capitalism, ideal for students of economic theory and history. Now thoroughly revised and updated, this new edition includes a new preface and an additional chapter by the author. Analysing the relationship between economic thought and capitalism from 1750 to the present, Douglas Dowd examines the dynamic interaction of two processes: the historical realities of capitalism and the evolution of economic theory. He demonstrates that the study of economics celebrates capitalism in ways that make it necessary to classify economic science as pure ideology. A thoroughly modern history, this book shows how economics has become ideology. A radical critic of capitalism, Dowd surveys its detrimental impact across the globe and throughout history. The book includes biographical sketches and brief analyses of the major proponents and critics of capitalism throughout history, including Adam Smith, Thomas Malthus, Jeremy Bentham, John Stuart Mill, Karl Marx, Thorstein Veblen, Rosa Luxemburg, John Maynard Keynes, Paul Samuelson, Milton Friedman, and Eric Hobsbawm.

This is the third book of essays on the United States and the world economy produced by the fruitful collaboration of Monthly Review editors Paul M. Sweezy and Harry Magdoff. In these essays, written between 1977 and 1981, the authors assess the results of efforts taken to stabilize the economy after the epochal changes of the early 1970s, the end of capitalism's "golden age," by attempts to counteract the effects of inflation, debt dependence, speculation, and financial instability.

First published in 1988, The Crisis of Marxist Ideology in Eastern Europe states that since de-Stalinisation began in Eastern Europe, the 'dead hand' of institutional Marxism has been eroded by revisionist Marxism, with the turn to young Marx and the philosophy of human emancipation to undermine prevailing orthodoxies. But this revisionism clung to the old socialist dogmas and refused a total break with the system, and the effort eventually failed. The result was the emergence of a dissident counterculture rejecting the system entirely. Independent social movements (such as unofficial peace groups and trade unions like Solidarity) have given this counterculture a major role in Eastern Europe, whilst the ruling elites have responded with confusion. Tismaneanu concludes that the only hope for the anti-totalitarian intellectuals of Eastern Europe is to oppose the regimes with non-Marxist ideas - otherwise they will be permanently reduced to the status of a hopeless, albeit heroic minority. This book will be of interest to students of economics, political science and international relations.