This book challenges the notion that the Marxian approach is no
longer relevant to the problems of contemporary society in the
post-Soviet world. The first part of the book deals with the
distinctive method of Marx's political economy, with an emphasis on
its origins and the problems that arise out of misinterpretations
of Capital . The second section applies this method to some of the
key contemporary issues including unemployment, globalization and
the crisis of the welfare state, and suggests that the approach of
Marxist political economy remains a highly relevant and
intellectually sound method of analysis.
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