Book excerpt: For more than half a century, the Socialist Register has brought together some of the sharpest thinkers from around the globe to address the pressing issues of our time. Founded by Ralph Miliband and John Saville in London in 1964, SR continues their commitment to independent and thought-provoking analysis, free of dogma or sectarian positions. Transforming Classes is a compendium of socialist thought today and a clarifying account of class struggle in the early twenty-first-century, from China to the United States.