Social Reform Or Revolution
''Social Reform or Revolution?'' (german: Sozialreform oder Revolution?) is an 1899 pamphlet by Polish-German Marxist theorist Rosa Luxemburg. Luxemburg argues that trade unions, reformist political parties and the expansion of social democracy—while important to the proletariat's development of class consciousness—cannot create a socialist society as Eduard Bernstein, among others, argued. Instead, she argues from a historical materialist perspective that capitalism is economically unsustainable and will eventually collapse and that a revolution is necessary to transform capitalism into socialism. The pamphlet was heavily influential in revolutionary socialist circles and along with Luxemburg's other work an important precursor to left communist theory. Background In 1878, Germany's chancellor Otto von Bismarck imposed anti-socialist laws. As a result, thousands were arrested and hundreds exiled, political newspapers were closed and all political activity except elections ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Rosa Luxemburg
Rosa Luxemburg (; ; pl, Róża Luksemburg or ; 5 March 1871 – 15 January 1919) was a Polish and naturalised-German revolutionary socialist, Marxist philosopher and anti-war activist. Successively, she was a member of the Proletariat party, the Social Democracy of the Kingdom of Poland and Lithuania (SDKPiL), the Social Democratic Party of Germany (SPD), the Independent Social Democratic Party (USPD), the Spartacus League (), and the Communist Party of Germany (KPD). Born and raised in an assimilated Jewish family in Poland, she became a German citizen in 1897. After the SPD supported German involvement in World War I in 1915, Luxemburg and Karl Liebknecht co-founded the anti-war Spartacus League () which eventually became the KPD. During the November Revolution, she co-founded the newspaper (''The Red Flag''), the central organ of the Spartacist movement. Luxemburg considered the Spartacist uprising of January 1919 a blunder, but supported the attempted overthrow of the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Left Communism
Left communism, or the communist left, is a position held by the left wing of communism, which criticises the political ideas and practices espoused by Marxist–Leninists and social democrats. Left communists assert positions which they regard as more authentically Marxist than the views of Marxism–Leninism espoused by the Communist International after its Bolshevization by Joseph Stalin and during its second congress. In general, there are two currents of left communism, namely the Italian and Dutch–German left. The communist left in Italy was formed during World War I in organizations like the Italian Socialist Party and the Communist Party of Italy. The Italian left considers itself to be Leninist in nature, but denounces Marxism–Leninism as a form of bourgeois opportunism materialized in the Soviet Union under Stalin. The Italian left is currently embodied in organizations such as the Internationalist Communist Party and the International Communist Party. The Dutch ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Utopian
A utopia ( ) typically describes an imaginary community or society that possesses highly desirable or nearly perfect qualities for its members. It was coined by Sir Thomas More for his 1516 book ''Utopia'', describing a fictional island society in the New World. However, it may also denote an intentional community. In common parlance, the word or its adjectival form may be used synonymously with "impossible", "far-fetched" or "deluded". Hypothetical utopias focus on—amongst other things—equality, in such categories as economics, government and justice, with the method and structure of proposed implementation varying based on ideology. Lyman Tower Sargent argues that the nature of a utopia is inherently contradictory because societies are not homogeneous and have desires which conflict and therefore cannot simultaneously be satisfied. To quote: The opposite of a utopia is a dystopia or cacotopia. Utopian and dystopian fiction has become a popular literary category. Despite bei ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Stock Market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind. Size of the market The total market capitalization of all publicly traded securities worldwide rose from US$2.5 trillion in 1980 to US$93.7 trillion at the end of 2020. , there are 60 stock exchanges in the world. Of these, there are 16 exchanges with a market capitalization of $1 trillion or more, and they account for 87% of global market capitalization. Apart from the Australian Securities Exchange, these 16 exchanges are all in North America, Europe, or Asia. By country, the largest stock markets as of January 2022 are in th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Credit (finance)
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," from pa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Marginalism
Marginalism is a theory of economics that attempts to explain the discrepancy in the value of goods and services by reference to their secondary, or marginal, utility. It states that the reason why the price of diamonds is higher than that of water, for example, owes to the greater additional satisfaction of the diamonds over the water. Thus, while the water has greater total utility, the diamond has greater marginal utility. Although the central concept of marginalism is that of marginal utility, marginalists, following the lead of Alfred Marshall, drew upon the idea of marginal physical productivity in explanation of cost. The neoclassical tradition that emerged from British marginalism abandoned the concept of utility and gave marginal rates of substitution a more fundamental role in analysis. Marginalism is an integral part of mainstream economic theory. Important marginal concepts Marginality For issues of marginality, constraints are conceptualized as a ''border'' ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Alexander Parvus
Alexander Lvovich Parvus, born Israel Lazarevich Gelfand (8 September 1867 – 12 December 1924) and sometimes called Helphand in the literature on the Russian Revolution, was a Marxist theoretician, publicist, and controversial activist in the Social Democratic Party of Germany. Biography Early life Israel Lazarevich Gelfand was born to a Lithuanian Jewish family on 8 September 1867 in the shtetl of Berazino in the Russian Empire, (in present-day Belarus). Although little is known of Israel's early childhood, the Gelfand family belonged to the lower-middle class, with his father working as an artisan of some sort — perhaps as a locksmith or as a blacksmith. When Israel was a small boy, a fire damaged the family's home in Berazino, prompting a move to the city of Odessa, Russian Empire, (present-day Ukraine), the hometown of Israel's paternal grandfather. Gelfand attended gymnasium in Odessa and received private tutoring in the humanities. He also read widely on his ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Revolution
In political science, a revolution (Latin: ''revolutio'', "a turn around") is a fundamental and relatively sudden change in political power and political organization which occurs when the population revolts against the government, typically due to perceived oppression (political, social, economic) or political incompetence. Revolutions have occurred throughout human history and vary widely in terms of methods, duration, and motivating ideology. Their results include major changes in culture, economy, and social institution, socio-political institutions, usually in response to perceived overwhelming autocracy or plutocracy. Scholarly debates about what does and does not constitute a revolution center on several issues. Early studies of revolutions primarily analyzed events in European history from a psychological perspective, but more modern examinations include global events and incorporate perspectives from several social sciences, including sociology and political science. S ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Revolutionary Socialism
Revolutionary socialism is a political philosophy, doctrine, and tradition within socialism that stresses the idea that a social revolution is necessary to bring about structural changes in society. More specifically, it is the view that revolution is a necessary precondition for transitioning from a capitalist to a socialist mode of production. Revolution is not necessarily defined as a violent insurrection; it is defined as a seizure of political power by mass movements of the working class so that the state is directly controlled or abolished by the working class as opposed to the capitalist class and its interests.Thompson, Carl D. (October 1903)"What Revolutionary Socialism Means" ''The Vanguard''. Green Bay: Socialist Party of America. 2 (2): 13. Retrieved 31 August 2020 – via the Marxist Internet Archive. Revolutionary socialists believe such a state of affairs is a precondition for establishing socialism and orthodox Marxists believe it is inevitable but not predetermin ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Erfurt Programme
The Erfurt Program was adopted by the Social Democratic Party of Germany during the SPD Congress at Erfurt in 1891. Formulated under the political guidance of Eduard Bernstein, August Bebel, and Karl Kautsky, it superseded the earlier Gotha Program. The program The program declared the imminent death of capitalism and the necessity of socialist ownership of the means of production. The Party intended to pursue these goals through legal political participation rather than by revolutionary activity. Kautsky argued that because capitalism, by its very nature, must collapse, the immediate task for socialists was to work for the improvement of workers' lives rather than for the revolution, which was inevitable. Reception and response The draft program was criticised by Friedrich Engels for its opportunist, non-Marxist views on the state in a criticism he sent to Kautsky on 29 June 1891. Official commentary Kautsky wrote the official SPD commentary on the program in 1892, which was ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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German Federal Election, 1890
Federal elections were held in Germany on 20 February 1890.Dieter Nohlen & Philip Stöver (2010) ''Elections in Europe: A data handbook'', p762 The Centre Party regained its position as the largest party in the Reichstag by winning 107 of the 397 seats, whilst the National Liberal Party, formerly the largest party, was reduced to 38 seats. Contemporaries remarked on the striking increase in the vote share of the Social Democratic Party. However, despite receiving the most votes, the Social Democratic Party won only 35 seats. Voter turnout was 71.5%.Nohlen & Stöver, p774 Results Alsace-Lorraine References {{German elections Federal elections in Germany Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ... 1890 elections in Germany Elections in the German Empi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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German Federal Election, 1881
Federal elections were held in Germany on 27 October 1881.Dieter Nohlen & Philip Stöver (2010) ''Elections in Europe: A data handbook'', p762 The Centre Party became the largest party in the Reichstag, with 100 of the 397 seats, whilst the National Liberal Party, which had previously been the largest party, was reduced to 45 seats. Voter turnout was 56.3%.Nohlen & Stöver, p773 Results Alsace-Lorraine References {{German elections Federal elections in Germany Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ... 1881 elections in Germany Elections in the German Empire October 1881 events ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |