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Crises of Capitalism and Revolutionary Situation

Objective and Subjective Conditions of Revolution

When we examine the necessary conditions for a successful proletarian revolution as a whole, we must speak of three principal premises. The first one is related to the general conditions of production across the world. Productive forces must reach a certain level of development that would allow ...

Crises of Capitalism and Revolutionary Situation

Reformism Refreshes Capitalism

The main distinguishing feature between reformist and revolutionary tendencies in the workers’ movement lies in the question of whether or not there is will, tenacity and preparedness to heighten the organised class struggle against the bourgeoisie. The idea that capitalist crisis will somehow ...

Crises of Capitalism and Revolutionary Situation

The Relationship Between Crisis and Revolution

The relationship between the economic crises of capitalism and the struggle of the working class should not be interpreted in a mechanical manner. Rather, it must be analysed on the basis of the dialectical relationship between various objective and subjective factors that determine the actual ...

Crises of Capitalism and Revolutionary Situation

Crises Do Not Lead Capitalism to a Spontaneous Collapse

Capitalist economy inherently contains seeds of crisis. However, it would be utterly erroneous to argue that crises will spontaneously lead capitalism to its destruction. Unless it is overthrown through a revolution of the working class, it can continue to exist, going through new periods of ...

Crises of Capitalism and Revolutionary Situation

The new period

Under conditions of confusion and demoralisation created by the collapse of the Soviet Union, workers’ movement suffered a major setback in terms of the level of class consciousness and organisation. This allowed the world bourgeoisie, which was on the verge of a crisis, to breathe a deep ...

Crises of Capitalism and Revolutionary Situation

The Long-Term Curve of Capitalist Development

In addition to its ordinary working mechanism named industrial cycles, capitalist economy is also characterised by non-cyclical, more prolonged upward and downward fluctuations that involve far more complex factors. This type of fluctuations is nothing more than a combination of different ...

Crises of Capitalism and Revolutionary Situation

The debate on “long waves”

Aside from the reality of periodic crises that break out on the basis of industrial cycles, the changes in the pace of capitalist development over long periods have continuously preoccupied Marxists as well. There have been many debates concerning the fluctuations in the curve of capitalist ...

Crises of Capitalism and Revolutionary Situation

The Role of Credit Mechanism in Exacerbating the Crisis

With the development and spread of the banking system, the work of allocating capital, which had previously been managed by private money lenders and individual capitalists, was taken over by banks that grew on substantial scales. Thus, banking system and credit mechanism became the strongest ...

Crises of Capitalism and Revolutionary Situation

The Law of the Tendency of the Rate of Profit to Fall

In an effort to escape the fact that economic crises are inherent in capitalism, bourgeois economics has long claimed that crises are completely accidental, resulting from factors such as fluctuations in wages and prices. Yet, such fluctuations are not the cause but the result of the boom-crisis ...

Crises of Capitalism and Revolutionary Situation

Capitalism Advances on the Basis of Industrial Cycles

As is known, capitalism is based on generalised commodity production. The fundamental feature of capitalist mode of production lies in the fact that the outcome of the production process is not only the value but also the surplus value. Nevertheless, for a well-functioning economy, producing ...

Crises of Capitalism and Revolutionary Situation

The present crisis and blighted dreams

In accordance with the dialectics of the process of development, the periods of economic stability feed the self-confidence of capitalists and their ideologists on the one hand, while at the same time they serve as fermentation processes of the problems which would produce the disappointment of ...

Crises of Capitalism and Revolutionary Situation

Despite all its ups and downs, capitalist system displayed a general economic dynamism during the period between the end of the Second World War and the beginning of the 21st century. Following deep crises and the two big world wars which had cost lives of millions, this period of dynamism gave ...

Capitalism at an Impasse

Capitalism is in a state of deep crisis. This crisis is far from being one of the ordinary crises of capitalist economy. By all evidence it is a deep system crisis of historical importance. Capitalism is at an historical impasse, argues Elif Çağlı in her article. After her booklet titled ...

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  • Elif Çağlı
    Under present conditions where the working class has no revolutionary international organisation, there is no other way of struggle than to labour and work out revolutionary Marxist solutions and try to carry them over to international platforms. Therefore it is inevitable to get involved in various experiments to solve the question of international organisation of the working class. It must be kept in mind that all great revolutionary ...
  • Marksist Tutum
    The process of the capitalist development of Turkey is a rather belated process with respect to the West. This historical delay flows from the peculiar socio-economic structure upon which Turkish capitalism developed. For this reason, in order to understand the peculiarities of Turkish capitalism, it is necessary to have an overview of the economic and social history of the Ottoman Empire that forms the historical background of modern Turkey ...
  • Elif Çağlı
    Although such experiences are pleasing in themselves since they carry forward the mass of the class, they are by no means enough for the working class to break the chains of wage-slavery and achieve freedom. Conditions of emancipation can develop depending on the quality and quantity of the distance taken by workers towards political consciousness and organisation. In this respect, it has a vital importance to make sure that at least the ...
  • Levent Toprak
    The wave of popular uprisings that started in Tunisia and continued with Egypt embracing North Africa and the Middle East has reached a new phase. Though one needs to analyse the situation in Egypt in the aftermath of Mubarak’s overthrow, there is no doubt that the process of mobilisation of millions and Mubarak’s eventual step-down in itself is already a serious source of inspiration in the eyes of other Arab peoples. New upsurges of mass ...
  • Marksist Tutum
    The importance of theoretical struggle on national question springs essentially from the need to take a correct political attitude based on Marxist foundations in the face of the liberation struggle of oppressed nations. Marxism is not an impressionist or positivist philosophy limiting itself only with interpreting the world, but an integral world view which strives to change the world and develops in an inextricably dialectical relationship ...
  • Marksist Tutum
    Capitalism makes the mankind suffer hell. The reign of a handful capitalists makes billions of people all over the planet suffer in the grip of hunger, poverty and deprivation, unemployment, incredible inequality and injustice, bloody wars, oppression and torture, endless decay and alienation. The only force that can save mankind from this swamp and lead it to socialism is the working class which is said to be “extinct”. The truth is that, ...

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