Leon Trotsky has become one of the twentieth century’s most enduring political legends. Joining the Bolsheviks on the eve of the 1917 revolution he played a vital role as Lenin’s right-hand man in the insurrection and went on to lead the Red Army to victory in the ensuing civil war. Having lost to Stalin the struggle for power which followed Lenin’s death, he became an implacable opponent of the dictator over the next three decades—a stance which cost him his political career, his citizenship and ultimately his life. A charismatic orator, a prolific author and a political philosopher whose ideas continue to resonate in the wake of the collapse of the Stalinist regimes of Eastern Europe, Trotsky made an indelible mark on world history. Ernest Mandel, one of the foremost leaders of the international movement which Trotsky founded before the Second World War and an influential economist and political theorist, is uniquely placed to review the life and work of Trotsky. In Trotsky as Alternative he presents a portrait of his subject which is appreciative yet critical. He shows that Trotsky’s contribution to the history of the twentieth century was primarily political rather than sociological, and this in a practical as well as a theoretical sense. He locates Trotsky’s theory of uneven and combined development as a crucial tool whose explanatory power of the mechanisms of world imperialism is as relevant to the late capitalism of the 1990s as it was to the first three decades of the century when it was formulated. Ranging across Trotsky’s struggles against Stalin’s bureaucracy, his formulation of an alternative economic strategy, his theories relating to the Third World, fascism and the national question, his extensive literary criticism, and concluding with a moving assessment of an extraordinary life, this book is a fitting testimony to a man who, in Mandel’s words, “will be judged by history as the most important strategist for the socialist movement.”

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).