Marx's Revenge: The Resurgence of Capitalism and the Death of Statist Socialism
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 ideas of Adam Smith and Hegel. It 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.
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Two Revolutions and a Demolition
Adam Smith and the Principles of Social Astronomy
Hegel and the Ideal State
Marx I Clearing the Decks
Marx II Profits
The Future of Capitalism I How Soon the End?
War and Revolution
War and Imperialism in theory and in practice
Foundations of the Global Order
The Golden Age of National Capitalism
The High Noon of Socialism
Things Fall Apart
Up from the Abyss
A Bonfire of Illusions
The Future of Capitalism II Endgame or the Only Game?
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Adam Smith advanced capitalist American argued banks became Bolsheviks British Cambridge Capital Volume capitalist capitalist countries cent Chapter China civil classical commodities Communist Manifesto constant capital course critique cycles debate democracy democratic developing countries dynamic economic economists Empire Engels equilibrium Europe European exchange rate exploitation export France free trade French Friedrich von Hayek full employment German global growth Hayek Hegel idea imperialism income India industrial inequality inflation inputs interest rates Karl Marx Keynes Keynesian labour labour-power Left Lenin Leninist liberal London Luxemburg Marxian Marxian Economics Marxist Meghnad Desai mode of production Narodniks output peasantry peasants philosophy political economy postwar private property problem profit rate progress proletariat rate of profit real wages revolutionary Rosa Luxemburg sector socialism socialist parties society Soviet Union Stalin surplus surplus-value Third World Trotsky University Press variable capital wealth Western workers