Why Capitalists Need Communists

Britain faces huge challenges: inequality, public services under constant pressure, climate change - and in the long term, the impacts of automation and artificial intelligence. At the same time, the political and economic elite seem to have reached an impasse: there is a sense that things can only get worse. In Why Capitalists Need Communists, Charles Seaford demonstrates that this need not be, that radical, progressive change is perfectly possible and that the polarisation and nostalgia afflicting us is not inevitable. History shows that it is precisely when the ruling elite loses confidence – which it has – that significant change happens and that new alliances are formed to take over. Tackling the challenges will take planning, redistribution, re-fashioned business and finance, and a new ideology – one which confirms that we really can create the conditions for more people to flourish. But this is not a pipe-dream. This book sets out just how this can come about, based on interviews with over 50 business people, politicians, analysts and activists. Everyone with an interest in the future should read it.

What is Communism? is a small book comprised of three essays by Paul Mattick written from 1934 to 1936, What is Communism?, Capitalism and Planning, and The Inevitability of Communism. In these essays, Mattick, of course, examines what communism is, what planned economy is, and gives a critique of Sidney Hook's understanding of Marx's Capital (Das Kapital) to give a lens into what communism is. Born in Pomerania in 1904 and raised in Berlin by class-conscious parents, Mattick was already at the age of 14 a member of the Spartacists' Freie Sozialistiche Jugend. In 1918, he started to learn as a toolmaker at Siemens, where he was also elected as the apprentices' delegate on the workers' council of the company during the German revolution. Implicated in many actions during the revolution, arrested several times and threatened with death, Mattick radicalized along the left and oppositional trend of the german communists. After the 'Heidelberg' split of the KPD(Spartacus) and the formation for the KAPD in the spring of 1920, he entered the KAPD and worked in the youth organization Rote Jugend, writing for its journal. Paul Mattick died in February 1981 leaving an almost finished manuscript for another book, which was laler edited and published by his son, Paul Mattick Jr., as 'Marxism - Last Refuge of the Bourgeoisie?'

From Communists to Foreign Capitalists explores the intersections of two momentous changes in the late twentieth century: the fall of Communism and the rise of globalization. Delving into the economic change that accompanied these shifts in central and Eastern Europe, Nina Bandelj presents a pioneering sociological treatment of the process of foreign direct investment (FDI). She demonstrates how both investors and hosts rely on social networks, institutions, politics, and cultural understandings to make decisions about investment, employing practical rather than rational economic strategies to deal with the true uncertainty that plagues the postsocialist environment. The book explores how eleven postsocialist countries address the very idea of FDI as an integral part of their market transition. The inflows of foreign capital after the collapse of Communism resulted not from the withdrawal of states from the economy, as is commonly expected, but rather from the active involvement of postsocialist states in institutionalizing and legitimizing FDI. Using a wide array of data sources, and combining a macro-level account of national variation in the liberalization to foreign capital with a micro-level account of FDI transactions in the decade following the collapse of Communism in 1989, the book reveals how social forces not only constrain economic transformations but also make them possible. From Communists to Foreign Capitalists is a welcome addition to the growing literature on the social processes that shape economic life.

There has been a veritable ocean of lies in the capitalist press against the U.S.S.R. The American Federation of Labor leadership and the Socialist party, defenders of the capitalist system, have outdone even the capitalists themselves in this wholesale vilification. The effort of the capitalists and their labor lieutenants has been to set off the Communists as willful enemies and destroyers of the human race. But the masses begin to see through this misrepresentation and they want to know the truth. The present book is an attempt to meet this mass demand by a plain statement of Communist policy, avoiding technical complexities and theoretical elaboration. It outlines simply the program, strength, strategy and perspectives of the Communist party of the United States. It undertakes to point out what is the matter with capitalism and what must be done about it. It indicates where America is heading and it makes a practical application of the lessons of the Russian revolution to the situation in this country. Its central purpose is to explain to the oppressed and exploited masses of workers and poor farmers how, under the leadership of the Communist party, they can best protect themselves now, and in due season cut their way out of the capitalist jungle to Socialism.

Fifty of today's finest thinkers were asked to let their imaginations run free to advance new ideas on a wide range of social and political issues. They did so as friends, on the occasion of Philippe Van Parijs's sixtieth birthday.

No other Marxist text has come close to achieving the fame and influence of The Communist Manifesto. Translated into over 100 languages, this clarion call to the workers of the world radically shaped the events of the twentieth century. But what relevance does it have for us today? In this slim book Slavoj Zizek argues that, while exploitation no longer occurs the way Marx described it, it has by no means disappeared; on the contrary, the profit once generated through the exploitation of workers has been transformed into rent appropriated through the privatization of the ‘general intellect’. Entrepreneurs like Bill Gates and Mark Zuckerberg have become extremely wealthy not because they are exploiting their workers but because they are appropriating the rent for allowing millions of people to participate in the new form of the ‘general intellect’ that they own and control. But, even if Marx’s analysis can no longer be applied to our contemporary world of global capitalism without significant revision, the fundamental problem with which he was concerned, the problem of the commons in all its dimensions – the commons of nature, the cultural commons, and the commons as the universal space of humanity from which no one should be excluded – remains as relevant as ever. This timely reflection on the enduring relevance of The Communist Manifesto will be of great value to everyone interested in the key questions of radical politics today.

How can capitalists' motivations during a Communist revolution be reliably documented and fully understood? Up to now, the answer to this question has generally eluded scholars who, for lack of nonofficial sources, have fallen back on Communist governments' official explanations. But the essays in this volume confirm that, at least in the case of the Communist revolution in China, it is finally possible to make new and fresh interpretations. By focusing closely on individuals and probing deeply into their thinking and experience, the authors of these essays have discovered a wide range of reasons for why Chinese capitalists did or did not choose to live and work under communism. The contributors to this volume have all concentrated on the dilemma for capitalists in China's Communist revolution. But their approach to their subject through archival research and rigorous analysis may also serve as a guide for future thinking about a variety of other historical figures. This approach is well worth adopting to explain how any members of society (not only capitalists) have resolved comparable dilemmas in all revolutions--the ones in China, Russia, Vietnam, Cuba, or anywhere else.

How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.