between the theories on this subject and some other interesting subject. As to the Marxian theory of crises Bernstein has again nothing more definite or instructive to say except that Marx, as usual, contradicts himself in the most flagrant manner, and that the explanation of this contradiction is to be found, again as usual, in the fact that, as is very usual, and, indeed, unavoidable, some time has elapsed between the writing of the contradictory passages. The only unusual thing about this very enlightening information is the correct statement that the passage contained in the earlier volumes was written much later than that contained in the third volume; a statement which must confound his friends who have been writing very learned disquisitions on the development of the Marxian theory, based on the contradictions between the earlier and later volumes of Capital, which were to be explained by the fact that the third volume was the fruit of Marx's later and riper judgment. As to the subject-matter itself the reader is left absolutely in the dark as to what either the Marxian or the Bernsteinian theory of crises (if there be such) may be. It is very evident, however, from what he does say that he is himself very much in the dark on the subject. This does not prevent him, however, any more than a similar groping in the dark prevents his friends, from giving instruction on the subject, and from revising a theory which he does not understand.
The sum and substance of the argument against the Marxian conception of the tendencies of capitalist economic development put forward by Revisionism, amounts to this: The contradictions observed by Marx are not inherent in capitalism, as Marx supposed, but are merely connected with, and are the result of, a certain form of capitalism, to wit: capitalism in its early stages, when private enterprise with its resultant anarchy of production were predominant. As soon, however, as the anarchy will be eliminated from capitalistic production, and that anarchy will be eliminated by the organization and systematization of pro-
