This anthology is a small sampling of the work of those socialists who tried to think through what was happening in the "post-capitalist: societies; beginning with Stalin's Russia and the fascist states. The analysis was extended to include the new states that arose in the post WWII era, particularly Mao's China and Tito's Yugoslavia. Perhaps of more contemporary importance is the attempt to understand what was happening to modern capitalism. Of particular interest is the discussion of the "Permanent Arms Economy" and its effect on capitalism.