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| karl marx crisis theory: Marx's Theory of Crisis Simon Clarke, 2016-07-27 The theory of crisis has always played a central role within Marxism, and yet has been one of its weakest elements. Simon Clarke's important new book provides the first systematic account of Marx's own writings on crisis, examining the theory within the context of Marx's critique of political economy and of the dynamics of capitalism. The book concentrates on the scientific interpretation and evaluation of the theory of crisis, and will be of interest to mainstream economists, as well as to sociologists, political scientists and students of Marx and Marxism. |
| karl marx crisis theory: Crises of Global Economies and the Future of Capitalism Kiichiro Yagi, Nobuharu Yokokawa, Hagiwara Shinjiro, Gary Dymski, 2013-01-04 Recent events in the global financial markets and macro economies have served as a strong reminder for a need of a coherent theory of capitalist crisis and analysis. This book helps to fill the gap with well-grounded alternative articulations of the forces which move today's economic dynamics, how they interact and how ideas of foundational figures in economic theory can be used to make sense of the current predicament. The book presents a comprehensive collection of reflections on the origins, dynamics and implications of the interlinked crises of the U.S. and global economies. The book is a thoughtful collaboration between Japanese heterodox economists of the Japan Society of Political Economy (JSPE) and non-Japanese scholars. It provides a unique immersion in different, sophisticated approaches to political economy and to the crisis. The book illustrates with the understanding of Marx's crisis theory and how it can serve as a powerful framework for analyzing the contemporary sub-prime world crisis. The book explains the subprime loan crisis as a crisis in a specific phase of the capitalist world system and concludes that it is a structural one which destroys the existing capital accumulation regime. It pays attention to structural changes and to how these changes beget profound and controversial consequences. The result is a must-read - one which truly contributes to the resurgence of radical analyses of the political economy, free from the market optimism of the main-stream economics. |
| karl marx crisis theory: Economic Crisis and Crisis Theory Paul Mattick Jr., 2020-09-23 Keynesian economics claimed to have overcome the problem of economic depressions. However, as Mattick argues that crises are inherent within capitalism and that neither the market nor Keynesianism can stop the steady deterioration of the economy. Written in 1974, Economic Crisis and Crisis Theory is one of Mattick's most valuable contributions to the Marxist critique of political economy and radical theory in general. |
| karl marx crisis theory: Marx's Capital Marcel van der Linden, Gerald Hubmann, 2019 When he died, Marx left his opus Capital unfinished. But how incomplete was the project? This volume offers the first comprehensive answer. |
| karl marx crisis theory: Following Marx Michael Lebowitz, 2009-01-15 What does it mean to follow Marx? In this examination of Marx’s methodology combined with specific applications on topics in political economy such as neo-Ricardian theory, analytical Marxism, the falling rate of profit, crisis theory, monopoly capital, Paul Sweezy, advertising and the capitalist state, this volume argues that the failure to understand (or explicit rejection of) Marx’s method has led astray many who consider themselves Marxists. By focusing particularly upon the concept of a totality and the necessary form of appearance of capital as many capitals in competition, Following Marx both demonstrates why Marx insisted that ‘in competition everything is reversed’ and provides a guide for following Marx. |
| karl marx crisis theory: Theory of Crisis Uno Kōzō, 2021-11-22 Kōzō Uno’s Theory of Crisis presents an unparalleled and systematic demonstration of the inevitability of crisis under the capitalist mode of production. Based on a radical re-interpretation of Marx’s Capital, Uno’s theory of crisis emphasizes ‘excess capital alongside surplus populations’ and ‘the commodi fication of labour power’ at the heart of Marx’s theory of crisis, and additionally provides a concise overview of capitalist crises from the stage of mercantilism to the imperialist stage of capitalism. Included are two Appendix essays by Uno, which disentangle theoretical di fficulties related to the theory of crisis in Marx’s Capital, and two original and contemporary essays by Professors Makoto Itoh and by Ken Kawashima and Gavin Walker. This book was originally published in Japanese as Kyōkō-ron by Iwanami Shoten, 1953. |
| karl marx crisis theory: Value and Crisis Makoto Itoh, 2020-12-30 Analyzes Japanese contributions to Marxist theory Marxist economic thought has had a long and distinguished history in Japan, dating back to the First World War. When interest in Marxist theory was virtually nonexistent in the United States, rival schools of thought in Japan emerged, and brilliant debates took place on Marx’s Capital and on capitalism as it was developing in Japan. Forty years ago, Makoto Itoh’s Value and Crisis began to chronicle these Japanese contributions to Marxist theory, discussing in particular views on Marx’s theories of value and crisis, and problems of Marx’s theory of market value. Now, in a second edition of his book, Itoh deepens his study Marx’s theories of value and crisis, as an essential reference point from which to analyze the multiple crises that have arisen during the past four decades of neoliberalism. One contribution of the original Value and Crisis was to bridge Japan and the world in the field of Marxian political economy. Itoh’s second edition demonstrates an even wider-ranging familiarity with major schools of Marxist thought, summarizing and assessing viewpoints of such theorists as Hilferding, Bauer, Kautsky, Bukharin, Luxemburg, Grossman, Sweezy, the Japanese Marxist Kozo Uno, together with the relevant parts of Capital and a section on the 1930’s Great Depression. Given today’s current emergencies of world capitalism and socialism, says Itoh, we need to work together to resolve new global problems, articulating new issues of Marx’s theories of value and crisis. The promise of Marx’s theories has not waned. If anything—given the failure of Soviet-style socialism and the catastrophe of neoliberalism—it grows daily. |
| karl marx crisis theory: Capital, Exploitation and Economic Crisis John Weeks, 2011-03-15 In 2008 the capitalist world was swept by the severest crisis since the Great Depression of the 1930s. Mainstream economics neither anticipated nor could account for this disastrous financial crisis, which required massive state intervention throughout the capitalist world. Karl Marx did anticipate this type of financial collapse, arguing that it was derivative from the ‘fetishism of commodities’ inherent in the capitalist mode of production. This book substantiates the foregoing claim by a journey from Marx’s analysis of commodities to the capitalist crisis of the twenty-first century. The book demonstrates that Marx's framework (1) demonstrates that capitalism is but one historical form of class society among many; (2) explains the transition from pre-capitalist to capitalist society; (3) reveals the concrete operation of a capitalist economy; and (4) shows why others would explain the capitalist economy in alternative theoretical frameworks. The central element in his framework from which all else derives is ‘the theory of value’. This book is not an exercise in the history of thought. It is an attempt to analyze the nature of contemporary capitalist society. While Marx’s analysis of capitalism has implications for political action, these need not lead one to embrace revolution in place of reform, though it can and has provided the analytical foundation for both. Marx’s analysis of capitalism is a coherent whole, and meaningful insights cannot be obtained by extracting elements from it. Weeks starts out by looking at the nature of capitalism and an analysis circulation, money and credit unfold from the theory of value. The nature and inherent necessity of competition are demonstrated in chapter eight. A consequence of competition, expressed in the movement of capital, is technical change, the contradictory impact of which is explained in chapter nine. This is brought together with the other elements of value theory (money, credit and competition) in chapter ten, where economic crises are treated in detail. The final chapter applies the theory of crisis to the extreme financial disturbances of the 2000s. This book should be of interest to students and researchers of economics, politics and sociology. |
| karl marx crisis theory: A Contribution to the Critique of Political Economy Karl Marx, 2013-09 This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1911 edition. Excerpt: ... 3. MONEY. Money as distinguished from coin, the result of the circulation process C--M--C, forms the starting point of the circulation process M--C--M, i. e. the exchange of money for commodity in order to exchange commodity for money. In the form C--M--C, commodity forms the starting and final points of the movement; in the form M--C--M, money plays that part. In the former case money is the medium of exchange of commodities, in the latter the commodity helps money to become money. Money which appears merely as a means of circulation in the first form becomes an end in the second form; while commodity which appeared first as the end, now becomes but a means. Since money is itself the result of circulation C--M--C, the result of circulation appears at the same time as its starting point in the form M--C--M. While in the case of C--M--C the interchange of matter constituted the real import of the process, the form of the commodity resulting from this first process constitutes the import of the second process M--C--M. In the form C--M--C the two extreme members are commodities of the same value, but qualitatively different use-values. Their mutual exchange C--C constitutes actual interchange of matter. In the form M--C--M the two extremes are gold and at the same time gold of. equal value. To exchange gold for a commodity in order to exchange the commodity for gold, or if we consider the final result M--M, to exchange gold for gold, seems absurd. But if we translate the formula M--C-- M into the expression: to buy in order to sell, which means nothing but to exchange gold for gold through an intervening movement, we recognize at once the prevailing form of capitalist production. In actual practice, however, people do not buy in order to... |
| karl marx crisis theory: Marx's Dream Tom Rockmore, 2018-06-07 Two centuries after his birth, Karl Marx is read almost solely through the lens of Marxism, his works examined for how they fit into the doctrine that was developed from them after his death. With Marx’s Dream, Tom Rockmore offers a much-needed alternative view, distinguishing rigorously between Marx and Marxism. Rockmore breaks with the Marxist view of Marx in three key ways. First, he shows that the concern with the relation of theory to practice—reflected in Marx’s famous claim that philosophers only interpret the world, while the point is to change it—arose as early as Socrates, and has been central to philosophy in its best moments. Second, he seeks to free Marx from his unsolicited Marxist embrace in order to consider his theory on its own merits. And, crucially, Rockmore relies on the normal standards of philosophical debate, without the special pleading to which Marxist accounts too often resort. Marx’s failures as a thinker, Rockmore shows, lie less in his diagnosis of industrial capitalism’s problems than in the suggested remedies, which are often unsound. ? Only a philosopher of Rockmore’s stature could tackle a project this substantial, and the results are remarkable: a fresh Marx, unencumbered by doctrine and full of insights that remain salient today. |
| karl marx crisis theory: The Enigma of Capital David Harvey, 2010-09-10 For over forty years, David Harvey has been one of the world's most trenchant and critical analysts of capitalist development. In The Enigma of Capital, he delivers an impassioned account of how unchecked neoliberalism produced the system-wide crisis that now engulfs the world. Beginning in the 1970s, profitability pressures led the capitalist class in advanced countries to shift away from investment in industrial production at home toward the higher returns that financial products promised. Accompanying this was a shift towards privatization, an absolute decline in the bargaining power of labor, and the dispersion of production throughout the developing world. The decades-long and ongoing decline in wages that accompanied this turn produced a dilemma: how can goods--especially real estate--sell at the same rate as before if workers are making less in relative terms? The answer was a huge expansion of credit that fueled the explosive growth of both the financial industry and the real estate market. When one key market collapsed--real estate--the other one did as well, and social devastation resulted. Harvey places today's crisis in the broadest possible context: the historical development of global capitalism itself from the industrial era onward. Moving deftly between this history and the unfolding of the current crisis, he concentrates on how such crises both devastate workers and create openings for challenging the system's legitimacy. The battle now will be between the still-powerful forces that want to reconstitute the system of yesterday and those that want to replace it with one that prizes social justice and economic equality. The new afterword focuses on the continuing impact of the crisis and the response to it in 2010. One of Huffington Post's Best Social and Political Awareness Books of 2010 Winner of the Isaac and Tamara Deutscher Memorial Prize for 2010 Praise for the Hardcover: A lucid and penetrating account of how the power of capital shapes our world. --Andrew Gamble, Independent Elegant... entertainingly swashbuckling... Harvey's analysis is interesting not only for the breadth of his scholarship but his recognition of the system's strengths. --John Gapper, Financial Times |
| karl marx crisis theory: The Unfinished System of Karl Marx Judith Dellheim, Frieder Otto Wolf, 2018-04-13 This book examines what we can gain from a critical reading of Marx's final manuscript and his conclusion of the systematic presentation of his critique, which was the basis for Engels's construction of the third volume of his infamous 'Capital'. The text introduces the reader to a key problem ́of Marx's largely implicit epistemology, by exploring the systematic character of his exposition and the difference of this kind of 'systematicity' from Hegelian philosophical system construction. The volume contributes to establishing a new understanding of the critique of political economy, as it has been articulated in various debates since the 1960s - especially in France, Germany, and Italy - and as it had already been initiated by Marx and some of his followers, with Rosa Luxemburg in a key role. All the chapters are transdisciplinary in nature, and explore the modern day relevance of Marx's and Luxemburg's theoretical analysis of the dominance of the capitalist mode of production. |
| karl marx crisis theory: Returns of Marxism Sara R. Farris, 2016 Inspiring and thoroughly researched collection of contemporary Marxist essays that engage the struggle of our times. |
| karl marx crisis theory: Critical Theory and the Crisis of Contemporary Capitalism Heiko Feldner, Fabio Vighi, 2015-05-14 This volume reassesses the nature of the current global economic crisis and its implication for the 21st century, through the unique lens of Marx's theory of the value-form as the unconscious matrix of modern society. Going beyond orthodox Marxist and postmodernist accounts, the author offers fresh new readings of Marx, Benjamin, Foucault, and Žižek. Here he argues that capitalism has not only entered its greatest crisis since WWII, but has in fact reached its historical limit and is in terminal decline. In this light, the book seeks to answer how a rerun of Keynesian regulations could possibly resolve the crisis. It also inquires as to whether a Green New Deal might succeed when the gap between work to be had and work to be done widens, and what alternatives neo-Marxian approaches offer considering the failure of Marxism in the 20th century. This far-reaching, critical examination of the crisis not only builds on critical theory, but also offers new readings of key theorists that will appeal to anyone interested in political theory, critical theory, and political economy. |
| karl marx crisis theory: Zombie Capitalism: Global Crisis and the Relevance of Marx Chris Harman, 2009 |
| karl marx crisis theory: An Introduction to the Three Volumes of Karl Marx's Capital Michael Heinrich, 2012-06-01 The global economic crisis and recession that began in 2008 had at least one unexpected outcome: a surge in sales of Karl Marx's Capital. Although mainstream economists and commentators once dismissed Marx's work as outmoded and flawed, some are begrudgingly acknowledging an analysis that sees capitalism as inherently unstable. And of course, there are those, like Michael Heinrich, who have seen the value of Marx all along, and are in a unique position to explain the intricacies of Marx's thought. Heinrich's modern interpretation of Capital is now available to English-speaking readers for the first time. It has gone through nine editions in Germany, is the standard work for Marxist study groups, and is used widely in German universities. The author systematically covers all three volumes of Capital and explains all the basic aspects of Marx's critique of capitalism in a way that is clear and concise. He provides background information on the intellectual and political milieu in which Marx worked, and looks at crucial issues beyond the scope of Capital, such as class struggle, the relationship between capital and the state, accusations of historical determinism, and Marx's understanding of communism. Uniquely, Heinrich emphasizes the monetary character of Marx's work, in addition to the traditional emphasis on the labor theory of value, this highlighting the relevance of Capital to the age of financial explosions and implosions. |
| karl marx crisis theory: The Concept in Crisis Nick Nesbitt, 2017-07-20 The publication of Reading Capital—by Louis Althusser, Étienne Balibar, Roger Establet, Pierre Macherey, and Jacques Rancière—in 1965 marked a key intervention in Marxist philosophy and critical theory, bringing forth a stunning array of concepts that continue to inspire philosophical reflection of the highest magnitude. The Concept in Crisis reconsiders the volume’s reading of Marx and renews its call for a critique of capitalism and culture for the twenty-first century. The contributors—who include Alain Badiou, Étienne Balibar, and Fernanda Navarro—interrogate Althusser's contributions in particular within the context of what is surely the most famous collective reading of Marx ever undertaken. Among other topics, they offer a symptomatic critique of Althusser; consider his writing as a materialist production of knowledge; analyze the volume’s conceptualization of value and crisis; examine how leftist Latin American leaders like Che Guevara and Subcomandante Marcos engaged with Althusser and Reading Capital; and draw out the volume's implications and use for feminist theory and praxis. Retrieving the inspiration that drove Althusser's reinterpretation of Marx, The Concept in Crisis explains why Reading Capital's revolutionary inflection retains its critical appeal, prompting readers to reconsider Marx's relevance in an era of neoliberal capitalism. Contributors. Emily Apter, Alain Badiou, Étienne Balibar, Bruno Bosteels, Adrian Johnston, Warren Montag, Fernanda Navarro, Nick Nesbitt, Knox Peden, Nina Power, Robert J. C. Young |
| karl marx crisis theory: The 99 Percent Economy Paul S. Adler, 2019 A pragmatic vision of how democratic socialism can overcome the economic, workplace, political, environmental, social, and international crises that we face today. |
| karl marx crisis theory: Marx's Inferno William Clare Roberts, 2016-12-20 Marx’s Inferno reconstructs the major arguments of Karl Marx’s Capital and inaugurates a completely new reading of a seminal classic. Rather than simply a critique of classical political economy, William Roberts argues that Capital was primarily a careful engagement with the motives and aims of the workers’ movement. Understood in this light, Capital emerges as a profound work of political theory. Placing Marx against the background of nineteenth-century socialism, Roberts shows how Capital was ingeniously modeled on Dante’s Inferno, and how Marx, playing the role of Virgil for the proletariat, introduced partisans of workers’ emancipation to the secret depths of the modern “social Hell.” In this manner, Marx revised republican ideas of freedom in response to the rise of capitalism. Combining research on Marx’s interlocutors, textual scholarship, and forays into recent debates, Roberts traces the continuities linking Marx’s theory of capitalism to the tradition of republican political thought. He immerses the reader in socialist debates about the nature of commerce, the experience of labor, the power of bosses and managers, and the possibilities of political organization. Roberts rescues those debates from the past, and shows how they speak to ever-renewed concerns about political life in today’s world. |
| karl marx crisis theory: Understanding Capital Duncan K. FOLEY, Duncan K Foley, 2009-06-30 Understanding Capital is a brilliantly lucid introduction to Marxist economic theory. Duncan Foley builds an understanding of the theory systematically, from first principles through the definition of central concepts to the development of important applications. |
| karl marx crisis theory: Karl Marx’s Ecosocialism Kohei Saito, 2017-10-24 Delving into Karl Marx's central works as well as his natural scientific notebooks, published only recently and still being translated, [the author] argues that Karl Marx actually saw the environment crisis embedded in captialism. [The book] shows us that Marx has given us more than we once thought, that we can now come closer to finishing Marx's critique, and to building a sustainable ecosocialist world.--Page [4] of cover. |
| karl marx crisis theory: The Formation of the Economic Thought of Karl Marx Ernest Mandel, 2016-09-06 A clear and compact guide to Marx’s road to Das Kapital Ernest Mandel traces the development of Marx’s economic ideas from the Economic and Philosophical Manuscripts to the completion of the Grundrisse. In a series of crystalline chapters, he provides an overview of subjects central to Marxist economic theory. Mandel focuses on Marx’s concept of alienation, which gained much currency among Marxists in the twentieth century, and traces the development of debates surrounding the labour theory of value, and Marx’s writings on communism and “crisis.” These discussions remain pertinent today, and these texts vital to all those who wish to interpret and to change the world. |
| karl marx crisis theory: The Theory of Monopoly Capitalism John Bellamy Foster, 2014-04 Absent any epoch making innovations like the automobile or vast new increases in military spending, the result was a general trend toward economic stagnation--a condition that persists, and is increasingly apparent, to this day. Their analysis was also extended to issues of imperialism, or accumulation on a world scale, overlapping with the path-breaking work of Samir Amin in particular. John Bellamy Foster is a leading exponent of this theoretical perspective today, continuing in the tradition of Baran and Sweezy's Monopoly Capital. This new edition of his essential work, The Theory of Monopoly Capitalism, is a clear and accessible explication of this outlook, brought up to the present, and incorporating an analysis of recently discovered lost chapters from Monopoly Capital and correspondence between Baran and Sweezy. |
| karl marx crisis theory: Foretelling the End of Capitalism Francesco Boldizzoni, 2020-05-12 Intellectuals since the Industrial Revolution have been obsessed with whether, when, and why capitalism will collapse. This riveting account of two centuries of failed forecasts of doom reveals the key to capitalism’s durability. Prophecies about the end of capitalism are as old as capitalism itself. None have come true. Yet, whether out of hope or fear, we keep looking for harbingers of doom. In Foretelling the End of Capitalism, Francesco Boldizzoni gets to the root of the human need to imagine a different and better world and offers a compelling solution to the puzzle of why capitalism has been able to survive so many shocks and setbacks. Capitalism entered the twenty-first century triumphant, its communist rival consigned to the past. But the Great Recession and worsening inequality have undermined faith in its stability and revived questions about its long-term prospects. Is capitalism on its way out? If so, what might replace it? And if it does endure, how will it cope with future social and environmental crises and the inevitable costs of creative destruction? Boldizzoni shows that these and other questions have stood at the heart of much analysis and speculation from the early socialists and Karl Marx to the Occupy Movement. Capitalism has survived predictions of its demise not, as many think, because of its economic efficiency or any intrinsic virtues of markets but because it is ingrained in the hierarchical and individualistic structure of modern Western societies. Foretelling the End of Capitalism takes us on a fascinating journey through two centuries of unfulfilled prophecies. An intellectual tour de force and a plea for political action, it will change our understanding of the economic system that determines the fabric of our lives. |
| karl marx crisis theory: The Limits to Capital David Harvey, 2018-11-06 Now a classic of Marxian economics, The Limits to Capital provides one of the best theoretical guides to the history and geography of capitalist development. In this edition, Harvey updates his classic text with a substantial discussion of the turmoil in world markets today.In his analyses of 'fictitious capital' and 'uneven geographical development' Harvey takes the reader step by step through layers of crisis formation, beginning with Marx's controversial argument concerning the falling rate of profit, moving through crises of credit and finance, and closing with a timely analysis geopolitical and geographical considerations. |
| karl marx crisis theory: Marx's Fate Jerrold Seigel, 1993-05 Marx&’s Fate is an intellectual biography of Marx that combines historical, textual and psychological analyses to provide major new insights into the philosopher&’s writings and development. |
| karl marx crisis theory: The Failure of Capitalist Production Andrew Kliman, 2012 The recent financial crisis and Great Recession have been analysed endlessly in the mainstream and academia, but this is the first book to conclude, on the basis of in-depth analyses of official US data, that Marx's crisis theory can explain these events. Marx believed that the rate of profit has a tendency to fall, leading to economic crises and recessions. Many economists, Marxists among them, have dismissed this theory out of hand, but Andrew Kliman's careful data analysis shows that the rate of profit did indeed decline after the post-World War II boom and that free-market policies failed to reverse the decline. The fall in profitability led to sluggish investment and economic growth, mounting debt problems, desperate attempts of governments to fight these problems by piling up even more debt -- and ultimately to the Great Recession. Kliman's conclusion is simple but shocking: short of socialist transformation, the only way to escape the 'new normal' of a stagnant, crisis-prone economy is to restore profitability through full-scale destruction of existing wealth, something not seen since the Depression of the 1930s.--Publisher's website. |
| karl marx crisis theory: Twilight Capitalism Murray E.G. Smith, Jonah Butovsky, Josh J. Watterton, 2021-04-10T00:00:00Z Twenty-first-century capitalism has little more to offer than a menu of despair: pandemics, deepening inequality, worsening depression, runaway climate change, intensifying authoritarianism and escalating militarism. Twilight Capitalism offers a wide-ranging analysis of the origins, implications and scope of the “combined” social crisis of 2020 and beyond. A compelling case is made that Karl Marx’s critical analysis of capitalism, along with his program of class-struggle socialism, is essential to understanding and addressing the most important social, economic and ecological problems of our time. |
| karl marx crisis theory: The Worldly Philosophers Robert L. Heilbroner, 1967 Guide to further reading: pages 307-312. |
| karl marx crisis theory: Orientalism Edward W. Said, 1995 Now reissued with a substantial new afterword, this highly acclaimed overview of Western attitudes towards the East has become one of the canonical texts of cultural studies. Very excitingâ¦his case is not merely persuasive, but conclusive. John Leonard in The New York Times His most important book, Orientalism established a new benchmark for discussion of the West's skewed view of the Arab and Islamic world.Simon Louvish in the New Statesman & Society âEdward Said speaks for interdisciplinarity as well as for monumental erudition¦The breadth of reading [is] astonishing. Fred Inglis in The Times Higher Education Supplement A stimulating, elegant yet pugnacious essay.Observer Exciting¦for anyone interested in the history and power of ideas.J.H. Plumb in The New York Times Book Review Beautifully patterned and passionately argued. Nicholas Richardson in the New Statesman & Society |
| karl marx crisis theory: The Capitalist Cycle Pavel Maksakovsky, 2009 Originally published in 1928, this title remains a classic work of Marxist economics. |
| karl marx crisis theory: A Guide to Marx's 'Capital' Vols IIII Kenneth Smith, 2012-11-15 This book provides a comprehensive guide to all three volumes of Karl Marx’s ‘Capital’, with advice on further reading and points for further discussion. Recognizing the contemporary relevance of ‘Capital’ in the midst of the current financial crisis, Kenneth Smith has produced an essential guide to Marx’s ideas, particularly on the subject of the circulation of money-capital. This guide uniquely presents the three volumes of ‘Capital’ in a different order of reading to that in which they were published, placing them instead in the order that Marx himself sometimes recommended as a more user-friendly way of reading. Dr Smith also argues that for most of the twentieth century, the full development of the capitalist mode of production (CMP) has been undermined by the existence of a non-capitalist ‘third world’, which has caused the CMP to take on the form of what Marx called a highly developed mercantile system, rather than one characterized by an uninterrupted circuit of industrial capital of the kind he expected would develop. While the guide can be read as a book in its own right, it also contains detailed references to Volumes I–III so that students, seminars and discussion groups can easily make connections between Smith’s explanations and the relevant parts of ‘Capital’. |
| karl marx crisis theory: Karl Marx's "crisis" Theory Thomas Sowell, 1959 |
| karl marx crisis theory: Global Capitalism in Crisis Murray E. G. Smith, 2011 |
| karl marx crisis theory: Marx and the Alternative to Capitalism Kieran Allen, 2011 An accessible and comprehensive overview of the ideas of Karl Marx |
| karl marx crisis theory: Time in Marx Stavros Tombazos, 2013 By elucidating the inner consistency of the three volumes of Marx's Capital, this book poses the notion of capital as a specific form of organising social time, which itself functions as a thinking subject, relegating the individual to an inanimate object. |
| karl marx crisis theory: Marx's Crises Theory Michael Perelman, 1987-07-13 The history of capitalism has long been thought to be a sequence of recurring crises that appear in various forms: crises in employing people, crises in obtaining resources, and financial crises. Marx's Crises Theory: Scarcity, Labor, and Finance provides a framework for interpreting Marx's theory of crises. In conclusion, the author asserts that as long as the financial structure leads to periodic breakdowns, Marx's writings on the subject will retain their importance as a source of theory and analysis of the dynamics of political economy. |
| karl marx crisis theory: The Law of Accumulation and Breakdown of the Capitalist System Henryk Grossman, 1992-03-27 A classic work in the Marxist canon on political economy |
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Explorez Karl.com et découvrez les sacs à main, montres, chaussures, vêtements et plus, signés du créateur, et découvrez les dernières actus du Monde de Karl.. Payez avec PayPal at …
Welcome to the World of KARL
Discover the latest news from the World of KARL, including unique collaborations, new collection reveals and exclusive events. SALE: DON’T MISS OUT: 30% OFF NEW U.S. TARIFFS MAY …
KARL LAGERFELD | Moda, accessori, regali e altro | Spedizione e …
Behind the dark sunglasses, polished attire, and pulled-back hair — behind the international fashion icon — Karl Lagerfeld was a multi-talented human with an extraordinary history. …
Welcome to the World of KARL
Discover the latest news from the World of KARL, including unique collaborations, new collection reveals and exclusive events.
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Descubre online las prendas más icónicas de KARL. Desde elegantes camisas blancas hasta originales prendas vaqueras y llamativos accesorios para hombre y mujer. | Pagar con tarjeta …
