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Abstract

‘A new revolution will not be possible without a new crisis, and the emergence of the former is as certain as that of the latter.’ Two years after the Communist Manifesto and the failure of the European revolutions of 1848, Karl Marx published the elucidating and yet optimistic account of the Class Struggles in France. This exposition constitutes a prophecy, on which a century of subsequent millenarian rationalism within the labour movement is based. To demonstrate the inevitability of crisis was a rationalist attempt. To deduce from it the necessity of revolution was a form of millenarian faith.

Based on a contribution to the Conference ‘The Present Crisis in Relation to the Preceding Ones’, Binghamton, 7–9 November 1985.

I thank Yves Bucas-Français for his very useful comments on a first version of this paper, and Olga Varveri for her translation.

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© 1989 M. Gottdiener and N. Komninos

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Lipietz, A. (1989). Three Crises: The Metamorphoses of Capitalism and the Labour Movement. In: Gottdiener, M., Komninos, N. (eds) Capitalist Development and Crisis Theory: Accumulation, Regulation and Spatial Restructuring. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-19960-0_4

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