A polemic writing by the famous "Red Rosa" Luxemburg, Reform or Revolution (1899) explains why capitalism can never overcome its internal contradictions. An effective refutation of revisionist interpretations of Marxist doctrine, it defines the position of scientific socialism on the issues of social reforms, the state, democracy, and the character of the proletarian revolution. Reform or Revolution opposes Edward Bernstein's revisionist theories, which rejected Marxism in favor of trade unionism and parliamentary procedures. Luxemburg offers articulate and reasoned objections to all of Bernstein's arguments. She defends the necessity for socialism, which provides an answer to the contradictions and inevitable crisis of the capitalist economy, along with a means for a transformation in working class consciousness. This essay remains a key explanation of why there can be no parliamentary road to socialism. It appears here together with Luxemburg's writings on "Leninism or Marxism," "The Mass Strike," and "The Russian Revolution."
Her comments on imperial war, mass murder , expansion of capitalism , how war is essential to capitalist development make us realize how relevant her views were to today, as we watch wars with Iraq, Afghanistan, (Iran?)…
Rosa also writes of the use of credit to expand the working class’s purchasing power. She heavily criticizes this idea, of credit as an “adaptation” of capitalism, as a boon to the working class. Today, as we suffer through this grand world crisis, we can see how credit has abused the working class. Banks gave credit to those who had no business getting credit, knowing full well that they wouldn't be able to pay.