Marx's Revenge: The Resurgence of Capitalism and the Death of Statist Socialism

By Meghnad Desai.

Marx's Revenge: The Resurgence of Capitalism and the Death of Statist Socialism

Description

In this provocative and enthusiastically revisionist book, the distinguished economist Meghnad Desai argues that capitalism’s recent efflorescence is something Karl Marx anticipated and indeed would, in a certain sense, have welcomed. Capitalism, as Marx understood it, would only reach its limits when it was no longer capable of progress. Desai argues that globalization, in bringing the possibility of open competition on world markets to producers in the Third World, has proved that capitalism is still capable of moving forwards.Marx’s Revenge opens with a consideration of the i...

ISBN(s)

1859844294, 9781859844298

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