Tony Phillips

Financial blogger Frances Coppola has written a clear, informative little book arguing the case for what she calls “quantitative easing for the people” which she believes can end the stagnation in the world economy since the financial crash of 2008.

Quantitative easing (QE) is a process by which central banks create money digitally (“print money”) and use it to buy bonds in government, banks and corporations. QE played a crucial role in propping up the financial system in the US and elsewhere following the collapse of Lehman Brothers.

The German Revolution of 1918 to 1923 was one of the most important yet little known events of the 20th century. Had the workers emerged victorious it is likely that there would have been no Stalinism, no Hitler, no Second World War, no Holocaust and we would be living in a very different world today. The late Bill Pelz has written a brief and enjoyable history of the revolution up to 1920.

Pelz explains how the rapid development of capitalism in the newly unified German state created a working class with a high level of class consciousness.

This fascinating book builds on the work of Marxists such as John Bellamy Foster to argue that Karl Marx’s thought is central to understanding that humanity’s destruction of the planet is due to the capitalist mode of production. It is a further blow against the perception that Marx was a naive Promethean — someone who believed that simply increasing production will solve all humanity’s ills and that therefore Marxism has nothing to say about ecological crisis.

The republishing of this key work by one of the 20th century’s most important Marxist thinkers is very welcome. This is CLR James’s first book, originally published in 1937. James provided the first ever history and systematic analysis of the Communist International and a searing indictment of the crimes of Stalinism.

Steve Smith has provided a useful overview of Russian history from the end of the 19th century to the 1920s centred, of course, on the dramatic events of 1917 and their aftermath.

He presents a panoramic view and yet includes a considerable amount of detail for a relatively short book.

Smith argues that the revolutions of 1905 and 1917 were rooted in the clash between the growing pressure for modernisation of Russia society and the barrier represented by the Tsarist regime.

W E B Du Bois was a pioneer of the civil rights movement in the US and helped to found the National Association for the Advancement Colored People. He was the author of many works on the real experience of black people in the US, most notably his seminal Marxist-influenced work, Black Reconstruction in America.

Given that Ireland was officially part of the UK until 1922 and that many British unions organised in Ireland, not to mention that large numbers of Irish workers lived in Britain, you might assume that the struggle for independence was a major issue for the British labour movement of the day. In fact, as this book brings out, it was an embarrassment for the leaders of both the Labour Party and the trade unions.

There was an important omission in Chris Fuller’s fascinating piece on resistance to conscription during the First World War (“Forced to fight their war”, March SR). Chris concludes by stating that the government backed off from introducing conscription in Ireland “still stunned by the Easter Rising”. In fact it was mass resistance, crucially the general strike called by the Irish TUC, that forced Lloyd George to retreat.

1956 was a year of change across the world. The apparently stable international order imposed by the victorious powers at the end of the Second World War was challenged by a series of dramatic revolts. This book provides an excellent survey of the key events from Budapest to Cairo and Algiers to Montgomery, Alabama.

Author Simon Hall brings their impact home with lively and inspiring blow by blow accounts and portraits of key personalities such as Rosa Parks, Gamal Abdel Nasser and Imre Nagy.

This Socialist Senator’s campaign to be president shows that the appetite for a left wing alternative to establishment neoliberal politics is as strong in the US as it is in Britain, Greece and Spain.

Sanders has repeatedly managed to get elected as a democratic socialist, not for either the Democratic or Republican parties. His politics were shaped by participation in the civil rights and anti Vietnam war movements of the 1960s.

His hero is Eugene Debs, a socialist who ran for president from prison, having been jailed for opposing participation in the First World War.