Over the next few days I will be posting material by and about Marxists in the "under-consumptionist" tradition. While reviewing this material for the past week or so, I was surprised to see how much the debates of the early 1900s paralleled debates within Marxism over the past 50 years or so. Given the similarities between the turn of the 20th and the turn of the 21st century, perhaps it should have not been a surprise at all.

In the late 1800s, there was little evidence that capitalism was a system that had reached its limits, especially in those countries that Karl Marx and Frederic Engels had regarded as most susceptible to socialist revolution. Despite having a powerful working class, Germany, France, the U.S. and Great Britain had seemed to discover a way to manage crisis and to offer workers improved wages and working conditions within the system. If socialism could be achieved piecemeal within the capitalist system, what need was there for risky revolutionary bids that might result in the destruction of the trade union movement and socialist parties.

full: http://louisproyect.wordpress.com/2008/03/06/bernstein-luxemburg-and-desai/

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