Ernest Mandel

Ernest Mandel was a Marxist economist and theorist known for his contributions to historical materialism, which is the idea that material conditions and economic factors shape society and its development. He argued that capitalism undergoes cycles of boom and bust, leading to social changes and class struggles. Mandel emphasized the importance of understanding history through the lens of economic systems, and he advocated for socialism as a solution to capitalist inequalities. His works sought to connect theory with practical political movements, making him a significant figure in the 20th-century Marxist tradition.