Das KapitalCapital: A Critique of Political Economy (Das Kapital. Kritik der politischen Ökonomie), also known as Capital, is a foundational theoretical text in materialist philosophy and critique of political economy written by Karl Marx, published as three volumes in 1867, 1885, and 1894. The culmination of his life's work, the text contains Marx's analysis of capitalism, to which he sought to apply his theory of historical materialism "to lay bare the economic laws of modern society", following from classical political economists such as Adam Smith, Jean-Baptiste Say, David Ricardo and John Stuart Mill.
Revolutions of 1848The Revolutions of 1848, known in some countries as the Springtime of the Peoples or the Springtime of Nations, were a series of revolutions throughout Europe over the course of more than one year, from 1848 to 1849. It remains the most widespread revolutionary wave in European history to date. The revolutions were essentially democratic and liberal in nature, with the aim of removing the old monarchical structures and creating independent nation-states, as envisioned by romantic nationalism.
Workers' councilA workers' council, or labor council, is a type of council or popular assembly in a workplace or a locality made up of workers or of temporary and instantly revocable delegates elected by the workers in a locality's workplaces. In such a system of political and economic organization, the workers themselves are able to exercise decision-making power. Furthermore, the workers within each council decide on what their agenda is and what their needs are.
Bureaucratic collectivismBureaucratic collectivism is a theory of class society. It is used by some Trotskyists to describe the nature of the Soviet Union under Joseph Stalin and other similar states in Central and Eastern Europe and elsewhere (such as North Korea). A bureaucratic collectivist state owns the means of production, while the surplus or profit is distributed among an elite party bureaucracy (nomenklatura), rather than among the working class. Also, most importantly, it is the bureaucracy—not the workers, or the people in general—which controls the economy and the state.
BourgeoisieThe bourgeoisie (ˌbʊərʒwɑːˈziː , buʁʒwazi) is a class of business owners and merchants which emerged in the Late Middle Ages, originally as a "middle class" between peasantry and aristocracy. They are traditionally contrasted with the proletariat by their wealth, political power, and education, as well as their access to and control of cultural, social and financial capital. They are sometimes divided into a petty (petite), middle (moyenne), large (grande), upper (haute), and ancient (ancienne) bourgeoisie and collectively designated as "the bourgeoisie".
New classNew class is a polemic term by critics of countries that followed the Soviet-type state socialism to describe the privileged ruling class of bureaucrats and Communist party functionaries which arose in these states. Generally, the group known in the Soviet Union as the nomenklatura conforms to the theory of the new class. The term was earlier applied to other emerging strata of the society. Milovan Đilas' new-class theory was also used extensively by anti-communist commentators in the Western world in their criticism of the Communist states during the Cold War.
Mode of productionIn the Marxist theory of historical materialism, a mode of production (German: Produktionsweise, "the way of producing") is a specific combination of the: Productive forces: these include human labour power and means of production (tools, machinery, factory buildings, infrastructure, technical knowledge, raw materials, plants, animals, exploitable land). Social and technical relations of production: these include the property, power and control relations (legal code) governing the means of production of society, cooperative work associations, relations between people and the objects of their work, and the relations among the social classes.
VanguardismVanguardism, in the context of Leninist revolutionary struggle, relates to a strategy whereby the most class-conscious and politically "advanced" sections of the proletariat or working class, described as the revolutionary vanguard, form organizations to advance the objectives of communism. They take actions to draw larger sections of the working class toward revolutionary politics and to serve as manifestations of proletarian political power opposed to the bourgeoisie.
Spartacist uprisingThe Spartacist uprising (German: Spartakusaufstand), also known as the January uprising (Januaraufstand), was an armed uprising that took place in Berlin from 5 to 12 January 1919. It occurred in connection with the November Revolution that broke out following Germany's defeat in World War I. The uprising was primarily a power struggle between the Social Democratic Party of Germany (SPD) led by Friedrich Ebert, which favored a social democracy, and the Communist Party of Germany (KPD), led by Karl Liebknecht and Rosa Luxemburg, which wanted to set up a council republic similar to the one established by the Bolsheviks in Russia.
PlutocracyA plutocracy () or plutarchy is a society that is ruled or controlled by people of great wealth or income. The first known use of the term in English dates from 1631. Unlike most political systems, plutocracy is not rooted in any established political philosophy. The term plutocracy is generally used as a pejorative to describe or warn against an undesirable condition.
