The Theory of Wage Determination, ed. John T. Dunlop

[p035] The Theory of Wage Determination, ed. John T. Dunlop (Macmillan, 36s.) THE epitaph on this learned compilation might well be ‘marking time’. With formidable academic trappings, a group of the orthodox settled into a hotel by Lake Lucerne in 1954 to study how modern developments, the operations of govern- meni and of mass trade unions, the pressures of advanced sections of the working class and the pressures of inflation under full employment have altered wage-bargaining The spectre which haunts the writers is the working class itself. How long and how persuasively can the ‘authorities’, including the trade union leaders, sell ‘wage restraint’? <A French contributor, Brichier, shows how the communist bureaucrats in the leadership of the CGT accepted wage restraint after 1945 just like the British TUC. But there is nothing here to guide either governments or militant workers. The leading ideas were being foreshadowed in the nineteen twenties; all that is new is the terminology and the form of the argument. T. MARSHALL

[p036] ...iS a journal of Marxist theory and practice. Its aims are threefold. It seeks to spread an understanding of all aspects of Marxism. It studies the experiences of the working-class movement at all periods and in all countries, so that the lessons of the workers’ struggle can be assimilated and the proper conclusions drawn. It applies Marxism creatively to the present-day problems of the British Labour movement. LABOUR REVIEW has been appearing in its present format since January 1957. It comes out every two months. The past six issues have contained a wide variety of articles of interest both to specialists in various fields and to the general reader—and not least to the working-class militant on the job, for whom LABOUR REVIEW is a weapon in the fight against the employing class. There have been articles on economics (including a long study of the problems and prospects of British capitalism); on philosophy (including a defence of Lenin’s contributions to dialectical materialism); on working-class history (including a series of most enlightening accounts of various periods of British Communist Party his- tory). There was a valuable analysis of the engineers’ strike. The problems of many countries were discussed. Controversy raged in the communications pages. Over 40 books were reviewed in those six issues. As the present number shows, LABOUR REVIEW is building on the founda- tions so successfully laid last year. We who publish it are proud cf its appearance; of its combination of scholarship and militancy; of the reception it receives in university and factory alike. We think it is without rival among Left-wing journais for its serious, principled, yet undogmatic approach. NEW PARK PUBLICATIONS

[p037] ...is a journal of Marxist theory and practice. Its aims are threefold. It seeks to spread an understanding of all aspects of Marxism. It studies the experiences of the working-class movement at all periods and in all countries, so that the lessons of the workers’ struggle can be assimilated and the proper conclusions drawn. It applies Marxism creatively to the present-day problems of the British Labour movement. LABOUR REVIEW has been appearing in its present format since January 1957. It comes cut every two months. The past six issues have contained a wide variety of articles of interest both to specialists in various fields and to the general reader—and not least to the working-class militant on the job, for whom LABOUR REVIEW is a weapon in the fight against the! employing class. There have been articles on economics (including a long study of the problems and prospects of British capitalism); on philosophy (including a defence of Lenin’s contributions to dialectical materialism); on working-class history (including a series of most enlightening accounts of various periods of British Communist Party his- tory). There was a valuable analysis of the engineers’ strike. The problems of many countries were discussed. Controversy raged in the communications pages. Over 40 books were reviewed in those six issues. As the present number shows, LABOUR REVIEW is building on the founda- tions so successfully laid last year. We who publish it are proud of its appearance; of its combination of scholarship and militancy; of the reception it receives in university and factory alike. We think it is without rival among Left-wing journals for its serious, principled, yet undogmatic approach, NEW PARK PUBLICATIONS