The article compares the concept of capitalism in the Communist Manifesto with the contemporary developments in world capitalism the end of state socialist experiment in Eastern Europe and the increasingly hierarchical structures of the capitalist world-system.

In 1848-49, the fate of the Hungarian revolution and war of independence depended primarily on the events in Germany. Since the German revolution did not have a "Paris" or "Koblentz" its defeat and hence the Europe-wide dynastic restoration were inevitable.

The celebration of anniversaries tells a lot more about the present than the past. Because the pendulum of history swang into extremes in Eastern europe more often then elsewhere, the role of symbols has also been greater than in other regions. In the debates on the 100th anniversary of the revolution the relationship between class and nation was a crutial theme.

In Russia, the system change destroyed all possible forums of the intelligentsia that was involved in discussing alternative theories of socialism. This magazine is aimed at filling this gap, from a democratic and socialist point of view and without any commitment to the existing political parties. The editors also search for an alternative to the wild and criminal capitalism and economic chaos in the new Russia.

The author criticises the so-called revisionist school that in France and other European countries turned against the conventional analysis based on class. The theses of Furet on the history of "communism" are severely interrogated.