We establish new, and surprisingly tight, connections between propositional
proof complexity and finite model theory. Specifically, we show that the power
of several propositional proof systems, such as Horn resolution, bounded-width
resolution, and the polynomial calculus of bounded degree, can be characterised
in a precise sense by variants of fixed-point logics that are of fundamental
importance in descriptive complexity theory. Our main results are that Horn
resolution has the same expressive power as least fixed-point logic, that
bounded-width resolution captures existential least fixed-point logic, and that
the polynomial calculus with bounded degree over the rationals solves precisely
the problems definable in fixed-point logic with counting. By exploring these
connections further, we establish finite-model-theoretic tools for proving
lower bounds for the polynomial calculus over the rationals and over finite
fields