The book contains the discussion of some important aspects of localization and fracture phenomena in inelastic solids (single crystals, polycrystalline solids and geological materials). Physical and experimental foundations of crystal plasticity are given. Constitutive modelling of dissipative solids for description of localization and fracture is presented. Various regularization methods for solution of the initial-boundary value problems are outlined. Numerical solutions based on finite element method of practicular evolution problems with localization of plastic deformation are considered.