Capitalism, Socialism and Democracy remains one of the greatest works of social theory written this century. When it first appeared the New English Weeklypredicted that `for the next five to ten years it will cetainly remain...

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Capitalism, Socialism and Democracy remains one of the greatest works of social theory written this century. When it first appeared the New English Weeklypredicted that `for the next five to ten years it will cetainly remain a work with which no one who professes any degree of information on sociology or economics can afford to be unacquainted.' Fifty years on, this prediction seems a little understated.

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