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Cover -- Half Title -- Title -- Copyright -- Dedication -- Contents -- INTRODUCTION -- 1. ORIGINS OF POSTWAR SOVIET DEBATES -- 1. Marx on the Cyclical Pattern of Capitalist Development -- 2. Interpretations of Marx Prior to the Russian Revolution -- 3. Soviet Marxism in the 1920s -- 4. Soviet Interpretations of the Great Depression -- 2. POSTWAR CAPITALISM: FASCISM OR A NEW DEAL? -- 1. Assessing the Capitalist War Economies -- 2. Prospects for Postwar Capitalist Reforms -- 3. The Labour Government and British ""Socialism"" -- 4. Who Controls the State?

A highly original and controversial examination of events in Soviet Russia from 1917 to 1927 in which Professor Day challenges both the standard Trotskyite and Stalinist interpretations of the period. At the same time he rejects the traditional emphasis on Trotsky's concept of Permanent Revolution and argues that a Marxist theorist is essential. Professor Day concentrates upon the economic implications of revolutionary Russia's isolation from Europe. How to build socialism - in a backward, war-ravaged society, without aid from the West: this problem lay behind many of the most important political conflicts of Soviet Russia's formative years

Pavel V. Maksakovsky's The Capitalist Cycle: An Essay on the Marxist Theory of the Cycle (1929) is introduced. A biographical overview of Maksakovsky's (1900-1929) life is presented, emphasizing his educational achievement, participation in Marxist movements, & teaching career in various postsecondary institutions. It is contended that Maksakovsky's text provides an exceptional understanding of Marx's dialectical method & its application to the analysis of the capitalist cycle. After reviewing Maksakovsky's rationale for critiquing Western conjuncture theory, it is stated that he should be perceived as a Hegelian Marxist. It is subsequently asserted that Maksakovsky's central motivation was to reintroduce Marxist dialectics into economic theory. Specific aspects of Maksakovsky's text are then considered, eg, his connection of technological change with the progression of new capitalist cycles. It is suggested that Maksakovsky's analysis of the origins of Marxist dialectics remains relevant for present-day critiques of capital accumulation. J. W. Parker