Legacy
He is probably remembered most of all for being a tireless rationalist populariser of basic Marxist ideas, for his books on Late Capitalism and Long-Wave theory, and for his moral-intellectual leadership in the Trotskyist movement. Despite critics claiming that he was 'too soft on Stalinism', Mandel remained a classic rather than a conservative Trotskyist: writing about the Soviet bureaucracy but also why capitalism hadn’t suffered a death agony. His Late Capitalism was late in the sense of delayed rather than near-death. He still believed though that this out-of-control system hadn’t overcome its tendency to crises.
A satirical novel featuring among others Ernest Mandel (in the guise of the encyclopedic, computer-brained genius Ezra Einstein) is Tariq Ali's Redemption (Chatto & Windus 1990 (ISBN 0-7011-3394-5), Picador, 1991).
Mandel was co-founder, with Livio Maitan, of the International Institute for Research and Education, which was selected as the home of the Ernest Mandel Study Centre after this death. Working together with the Ernest Mandel Foundation, the IIRE plays a key role in expanding the circulation of Mandel's works.
Read more about this topic: Ernest Mandel
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“What is popularly called fame is nothing but an empty name and a legacy from paganism.”
—Desiderius Erasmus (c. 1466–1536)