From International Socialism (1st series), No.68, April 1974, p.32.
Transcribed & marked up by Einde O’ Callaghan for the Encyclopaedia of Trotskyism On-Line (ETOL).
Spokesman Pamphlets have recently published Profit Trends and Price Controls by John Hughes. Readers who looked at Glyn and Sutcliffe’s British Capitalism, Workers and the Profits Squeeze (Penguin, 1972) will find this a most useful corrective to the analysis offered there. Hughes argues – successfully, it seems to me – that the evidence for falling profits in British business is at best tenuous. He shows how the official figures obscure the reality of the situation. At 24p it’s worth a look.
Spokesman, whose publications we have had cause to criticise sharply in the past, have announced a most interesting series, to appear during 1974. Under the general title European Socialist Thought, they will be publishing three books by Serge Mallet and one by Lucien Goldmana The first title in the series will be Mihailo Markovic’s The Contemporary Marx. Markovic is a Yugoslav Marxist, a colleague of Stojanovic, whose Between Ideals and Reality was reviewed in last month’s International Socialism. Hopefully paperback editions of these books will be available.
Last updated: 6.3.2008