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Our Case in Brief

 We have seen how the whole structure of present-day, or any other society, rests upon and takes its shape from the property base; and now we can proceed to consider what, broadly, must he the result of the carrying out of the Socialist proposal to change the social basis from private ownership of the means necessary to satisfy the economic needs of the community to one in which these things are owned and controlled by the whole of the people.

Book Reviews: 'Postcapitalism - A Guide to Our Future', & 'The Deluge: the Great War and the Remaking of Global Order'


'Postcapitalism. A Guide to Our Future', by Paul Mason. Allen Lane.

In his new book Channel 4 journalist and one-time Trotskyist Paul Mason begins by explaining the periodic growth and contraction of the capitalist economy by Kondratieff wave theory.

Kondratieff waves are named after the Soviet-era Russian economist (shot under Stalin) who imagined a 50-year periodicity in capitalist economic activity, and who then concluded that each economic cycle reflected the advent, adoption, flourishing and demise of its age’s defining technology.

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