In his article entitled 'Long Economic Cycles', Kondratiev argued that, in addition to the normal trade cycle of capitalism of between seven and eleven years, there existed longer cycles, the average duration of which was fifty years. He concluded that the capitalist system passes through "long waves", in which each downswing is followed by an upswing which can last for decades. It is this latter assertion that was rebutted by Trotsky. And though it has regularly made its reappearance, enjoying a temporarily fashionable status, it has no solid basis either in fact or in theory. In this article, originally published in 2000, Alan Woods explains why.

In the year 2000 we published this article by Leon Trotsky on capitalist development. The purpose then was to underline the fact that although capitalism was experiencing a boom, the period we had entered was actually one of overall capitalist decline. As we explained in the introduction “Rather than a new upswing, capitalism is heading for a new slump and a downward curve of development similar to the interwar period.” This was confirmed by the 2008 financial crisis and subsequent events. We are republishing it as an aid to understanding the period we have been through and where we are going.

Antonio Gramsci died in 1937, after spending nearly ten years in prison under Mussolini’s fascist regime. All these years later, his ideas and legacy are still being debated and reinterpreted. Who was Gramsci? All manner of weird and wonderful answers have been given to this question, with plenty of distortions, if not outright historical falsifications, from petit-bourgeois academics and intellectuals, to revisionists in the labour movement.

The IMT has spent the past year commemorating the March 1919 centennial of the Third (Communist) International's founding. In particular, we celebrate the extraordinary promise and lessons of its first four congresses. But just a few years after it entered the scene of history, the Comintern suffered a sudden, dramatic, and irreversible decline. What happened? How was all that potential squandered and turned into its opposite?

This article was first published in German by the comrades of Der Funke, the IMT in Austria. Here we provide an English translation on this important question of Queer Theory. Is it compatible with Marxism? Can there be such a thing as “Queer Marxism”? Yola Kipcak in Vienna replies in the negative, and explains why.

Join us

Newsletter:

Please enable the javascript to submit this form