Intermediate polars as low-field magnetic cataclysmic variables

We present the first detailed calculations of the polarization properties of extended accretion shocks on the surface of a magnetic white dwarf where allowance is made both for field spread and for the change in shock height as a function of specific accretion rate. These results are used to show conclusively that the null detection of circular polarization in most IPs imply fields of less than 5 MG. We suggest that the X-ray properties of MCVs depends critically on the fractional area of the white-dwarf surface over which accretion occurs, and on the type of accretion (smooth or clumpy). We argue that in the known IPs, accretion occurs via a disc. The accretion flow is smooth and a strong shock forms making them a powerful source of hard X-rays. We propose that there is a new class of MCV distinct from the IPs, where the white dwarf is asynchronous and accretes without a disc in which the accretion is clumpy and the radiation is mainly in the EUV region. We argue that a significant fraction of the IPs above the period gap evolve into such systems below the gap and not into AM Hers, as some workers have previously proposed. Any IP-AM Her transitions occur mainly above the period gap at P₀ > 4 hr.