Books published by Monthly Review Press,U.S.

The days of boom and bubble are over, and the time has come to understand the long-term economic reality. Although the Great Recession officially ended in 2009, hopes for a new phase of economic expansion were quickly dashed. Instead, growth has been slow, unemployment has remained high, wages and benefits have seen little improvement,

Out of early twentieth-century Russia came the world's first significant effort to build a modern revolutionary society. According to Marxist economist Samir Amin, the great upheaval that once produced the Soviet Union has also produced a movement away from capitalism - a long transition that continues even today.

In a little more than a decade, economist Michael A. Lebowitz has written several major works about the transition from socialism to capitalism: Beyond Capital (winner of the Deutscher Prize), Build It Now, The Socialist Alternative, and The Contradictions of "Real Socialism." Here, he develops and deepens the analysis contained in those pathbreaki