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Revitalizing Marxist Theory for Today's Capitalism (Hardcover)
Loot Price: R3,625
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Revitalizing Marxist Theory for Today's Capitalism (Hardcover)
Series: Research in Political Economy
Expected to ship within 12 - 17 working days
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As a few alert mainstream and corporate economists rediscover the
certain elements of Marx's analysis of capitalism, the essays in
the first part of this volume demonstrate that they have far to go.
To their discredit, mainstream understandings whether of
capitalism's growth or of Western capitalism's interrelated
long-term stagnation and financialization are derailed precisely by
political aversion to, or ignorance of, Marxist categories and
analyses. The chapters in the second part extend Marxist insights
into assessing the value of the so-called information, or
knowledge-based, commodities, and offer a Marxist critique of
Lenin, the only world leader who earlier had deeply studied his own
country's economy. The part also presents two important works in
translation. The first, read in Russian by Marx himself, raises
serious questions about the relevance of Hegel in the understanding
of Capital and offers its own insightful analysis. The other, by a
Marxist collective in the 1970s demonstrates the centrality of
politics and the class struggle in the simplistically conceived
economic devalorization of constant capital. The final part
contains a debate on the merits of positivist Marxism sparked by an
article in Volume 26 of this research series.
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