Marx's Revenge

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Marx's Revenge: The Resurgence of Capitalism and the Death of Statist Socialism
Marx's Revenge.jpg
Cover
Author Meghnad Desai
CountryUnited Kingdom
LanguageEnglish
Subject Karl Marx
Publisher Verso Books
Publication date
2002
Media typePrint (Hardcover and Paperback)
ISBN 9781859846445
OCLC 47775280

Marx's Revenge: The Resurgence of Capitalism and the Death of Statist Socialism is a 2002 book about the contemporary relevance of the philosopher Karl Marx by the economist Meghnad Desai. [1] [2] [3] [4]

Contents

Summary

Desai argues that globalization has proved that capitalism is still capable of moving forward, bringing the possibility of open competition on world markets to producers in the Third World. [5] The book opens with a consideration of the ideas of Adam Smith and Hegel, proceeds to look at the nuances in the work of Marx himself, and concludes with a survey of more recent economists who studied capitalism and attempted to unravel its secrets, including Joseph Schumpeter, John Maynard Keynes, and Friedrich Hayek. [6]

Desai analyses some of Marx's lesser-known writings and argues that his theories enhance our understanding of modern capitalism and globalization. The collapse of Soviet state socialism and the final disillusionment of western socialist parties led to the victory of neoliberalism, seeming to suggest that capitalism can indeed continue. [7]

Related Research Articles

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<span class="mw-page-title-main">Marxism</span> Economic and sociopolitical worldview

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Meghnad Jagdishchandra Desai, Baron Desai is a India-born naturalised British economist and former Labour politician. He stood unsuccessfully for the position of Lord Speaker in the House of Lords in 2011. He has been awarded the Padma Bhushan, the third highest civilian award in the Republic of India, in 2008. He is a Professor Emeritus of the London School of Economics.

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Why Marx Was Right is a 2011 non-fiction book by the British academic Terry Eagleton about the 19th-century philosopher Karl Marx and the schools of thought, collectively known as Marxism, that arose from his work. Written for laypeople, Why Marx Was Right outlines ten objections to Marxism that they may hold and aims to refute each one in turn. These include arguments that Marxism is irrelevant owing to changing social classes in the modern world, that it is deterministic and utopian, and that Marxists oppose all reforms and believe in an authoritarian state.

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Post-Marxism is a trend in political philosophy and social theory which deconstructs Karl Marx's writings and Marxism itself, bypassing orthodox Marxism. The term "post-Marxism" first appeared in Ernesto Laclau and Chantal Mouffe's theoretical work Hegemony and Socialist Strategy. It can be said that post-Marxism as a political theory was conceived at the University of Essex by Laclau and Mouffe, and was further developed by Louis Althusser and Slavoj Žižek. Philosophically, post-Marxism counters derivationism and essentialism. Recent overviews of post-Marxism are provided by Ernesto Screpanti, Göran Therborn, and Gregory Meyerson.

<span class="mw-page-title-main">Orthodox Marxism</span> Official philosophy of the majority of the socialist movement until World War I in 1914

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Anarchism and libertarianism, as broad political ideologies with manifold historical and contemporary meanings, have contested definitions. Their adherents have a pluralistic and overlapping tradition that makes precise definition of the political ideology difficult or impossible, compounded by a lack of common features, differing priorities of subgroups, lack of academic acceptance, and contentious historical usage.

<i>Black Marxism</i> Book written by Cedric Robinson

Black Marxism: The Making of the Black Radical Tradition, first published in 1983 and again in 2000, is a book written by the scholar Cedric Robinson. Influenced by many African-American and Black economists and radical thinkers of the 19th century, Robinson creates a historical-critical analysis of Marxism and the Eurocentric tradition from which it evolved. The book does not build from nor reiterate Marxist thought, but rather introduces racial analysis to the Marxist tradition.

Michael A. Lebowitz is a Marxist economist and Professor Emeritus of Economics at Simon Fraser University in Vancouver, Canada.

References

  1. Islam, Faisal (19 May 2002). "Can you hear Marx tittering in Highgate?". The Observer. Retrieved 26 July 2013.
  2. Bhalla, Surjit S. (17 June 2002). "Karl's Kapital". India Today. Retrieved 26 July 2013.
  3. Driffill, John (28 June 2002). "Karl, Capitalism's Bashful Admirer". Times Higher Education.
  4. Roy, Amit (22 June 2002). "Not all property is theft". The Daily Telegraph.
  5. "Marx's Revenge: The Resurgence of Capitalism and the De…". Goodreads. Retrieved 5 March 2023.
  6. Desai, Meghnad (May 2004). Marx's Revenge: The Resurgence of Capitalism and the Death of Statist Socialism. Verso Books.
  7. "Marx's Revenge: The Resurgence of Capitalism and the De…". Goodreads. Retrieved 6 March 2023.

Further reading

Scholarly works

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