The book provides a theoretically and historically informed
analysis of the global economic crisis. It makes original
contributions to theories of value, of crisis and of the state and
uses these to develop a rich empirical study of the changing
character of capitalism in the twentieth century and beyond. It
defends, uses and develops Marxist theory while arguing
particularly against jumping too quickly from abstract concepts to
a concrete understanding of the crisis. Instead, it uses what Marx
described in his notebooks as an 'obvious' analytical ordering to
progress from a general analysis of economy and society to a
discussion of recent economic transformations and the specifics of
the crisis and its aftermath.Dunn argues that appropriately
reconceived, a critical Marxism can incorporate and enrich rather
than rejecting insights from other traditions. He disputes general
characterisations of capitalism to the crisis and theories which
see finance and the contemporary financial crises as largely
detached from other aspects of the economy and society. Providing a
thoroughly socialised and historically based account, this book
will be vital reading for students and scholars of political
economy, international political economy, Marxism, sociology,
geography and development studies.
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