First published in 1985, Theories of Modern Capitalism provides a succinct study of Marxist and non-Marxist theories of Capitalism, its recent development, and the prospects of a transition to socialism.

The study begins with a critical examination and comparison of four major theories of capitalism, in the works of Marx, Weber, Schumpeter and Hayek. This is followed by an analysis of the most recent phase of capitalism which has been conceptualised by Marxists thinkers in various ways as 'organised capitalism'', 'state monopoly', or 'late capitalism'. Finally, Bottomore considers the question of a 'transition to socialism' in the diverse interpretations which have been offered by Marxists on one side, and by Weber, Schumpeter and Hayek on the other.

Theories of Modern Capitalism will be valuable in a wide range of courses in social and political theory, and will also have an appeal to a broader readership concerned with issues of social and economic policy.

'I have lost interest ... in all that I have written prior to The Philosophy of Money. This one is really my book, the others appear to me colourless and seem as if they could have been written by anyone else.' - Georg Simmel to Heinrich Rickert (1904)
We should all be grateful for this translation. It must have been extremely hard work, but it shows no trace of it. Indeed, it positively sparkles.' - Alan Ryan, The Guardian
In The Philosophy of Money, Simmel provides us with a remarkably wide-ranging discussion of the social, psychological and philosophical aspects of the money economy, full of brilliant insights into the forms that social relationships take. He analyzes the relationships of money to exchange, the human personality, the position of women, individual freedom and many other areas of human existence. Later he provides us with an account of the consequences of the modern money economy and the division of labor, which examines the processes of alienation and reification in work, urban life and elsewhere. Perhaps, more than any of his other sociological works, The Philosophy of Money gives us an example of his comprehensive analysis of the interrelationships between the most diverse and seemingly connected social phenomena.
This revised edition of the translation by Tom Bottomore and David Frisby, includes a new Preface by David Frisby.

In this substantially revised and enlarged second edition of a classic text that has been used throughout the world in numerous translations, Tom Bottomore reconsiders elite theory in the light of more recent studies. He examines the role and significance of elites in relation to classes and class structure in both advanced industrial and developing countries, and expounds the criticism of elites and elitism that have been formulated by democratic and socialist thinkers and movements. In a new concluding chapter, Professor Bottomore considers the prospect, as humanity approaches the millenium, for a renewed advance towards more egalitarian forms of society, in which all citizens would be able to participate more fully and effectively in the shaping of their social world.
Tom Bottomore taught at the London School of Economics 1952-64, was Head of the Department of Political Science, Sociology and Anthropology at Simon Fraser University, Vancouver 1965-67, and Professor of Sociology at the University of Sussex 1968-85 where he is now Professor Emeritus. He is the author of numerous books, most recently: Theories of Modern Capitalism, Allen and Unwin (1985); Classes in Modern Society, Routledge (2nd edition, 1991) and Between Marginalism and Marxism: The Economic Sociology of J A Schumpter, Harvester Wheatsheaf (1992).

First published in 1985, Theories of Modern Capitalism provides a succinct study of Marxist and non-Marxist theories of Capitalism, its recent development, and the prospects of a transition to socialism. The study begins with a critical examination and comparison of four major theories of capitalism, in the works of Marx, Weber, Schumpeter and Hayek. This is followed by an analysis of the most recent phase of capitalism which has been conceptualised by Marxists thinkers in various ways as 'organised capitalism'', 'state monopoly', or 'late capitalism'. Finally, Bottomore considers the question of a 'transition to socialism' in the diverse interpretations which have been offered by Marxists on one side, and by Weber, Schumpeter and Hayek on the other. Theories of Modern Capitalism will be valuable in a wide range of courses in social and political theory, and will also have an appeal to a broader readership concerned with issues of social and economic policy.

The Institute of Social Research, from which the Frankfurt School developed, was founded in the early years of the Weimar Republic. It survived the Nazi era in exile, to become an important centre of social theory in the postwar era. Early members of the school, such as Adorno, Horkheimer and Marcuse, developed a form of Marxist theory known as Critical Theory, which became influential in the study of class, politics, culture and ideology. The work of more recent members, and in particular Habermas, has received wide attention throughout Europe and North America.
Tom Bottomore's study takes a new and controversial look at the contributions of the Frankfurt School to modern sociology, examining several issues not previously discussed elsewhere. He discusses the neglect of history and political economy by the critical theorists, and considers the relationship of the later Frankfurt School to the radical movements of the 1960s and the present time. His critical analysis makes the school's writers accessible, through an assessment of their work and an exploration of the relationship of Critical Theory to other forms of sociological thought, especially positivism and structuralism.

With a new foreword by Charles Lemert

'Its greatness...lies in ceaseless and varied use of the money form to unearth and conceptually reveal incommensurabilities of all kinds, in social reality fully as much as in thought itself.' - Fredric Jameson

In The Philosophy of Money, Georg Simmel puts money on the couch. He provides us with a classic analysis of the social, psychological and philosophical aspects of the money economy, full of brilliant insights into the forms that social relationships take. He analyzes the relationships of money to exchange, human personality, the position of women, and individual freedom. Simmel also offers us prophetic insights into the consequences of the modern money economy and the division of labour, in particular the processes of alienation and reification in work and urban life.

An immense and profound piece of work it demands to be read today and for years to come as a stunning account of the meaning, use and culture of money.

Georg Simmel (1858-1918) was born in Berlin, the youngest of seven children. He studied philosophy and history at the University of Berlin and was one of the first generation of great German sociologists that included Max Weber.

'I have lost interest ... in all that I have written prior to The Philosophy of Money. This one is really my book, the others appear to me colourless and seem as if they could have been written by anyone else.' - Georg Simmel to Heinrich Rickert (1904)
We should all be grateful for this translation. It must have been extremely hard work, but it shows no trace of it. Indeed, it positively sparkles.' - Alan Ryan, The Guardian
In The Philosophy of Money, Simmel provides us with a remarkably wide-ranging discussion of the social, psychological and philosophical aspects of the money economy, full of brilliant insights into the forms that social relationships take. He analyzes the relationships of money to exchange, the human personality, the position of women, individual freedom and many other areas of human existence. Later he provides us with an account of the consequences of the modern money economy and the division of labor, which examines the processes of alienation and reification in work, urban life and elsewhere. Perhaps, more than any of his other sociological works, The Philosophy of Money gives us an example of his comprehensive analysis of the interrelationships between the most diverse and seemingly connected social phenomena.
This revised edition of the translation by Tom Bottomore and David Frisby, includes a new Preface by David Frisby.

This classic text deals with a broad range of questions concerning the organisation and exercise of political power. Bottomore examines issues such as the idea of citizenship, the relation between society and the state, totalitarianism and nationalism.

Over forty years after it first appeared, T.H. Marshall's seminal essay on citizenship and social class in post-war Britain has acquired the status of a classic. His lucid analysis of the principal elements of citizenship - namely, the possession of civil, political and social rights - is as relevant today as it was when it first appeared. It is reissued here with a new and complementary monograph by Tom Bottomore in which the meaning of citizenship is re-examined, in very different historical circumstances. In asking how far the prospects for class equality have been realised, Bottomore continues the discussion in a context that encompasses the restoration of civil and political rights in Eastern Europe, problems of welfare capitalism, citizenship and the nation state and the broader issues of equality and democratic institutions.