'A timely and worthwhile project ...will fill a major hole in the currently available literature.' Professor Duncan Foley, Professor of Economics, New School University, NY Political protests against neoliberal globalisation, corporate power and the inequities of contemporary capitalism are increasing all the time. Demonstrations in Seattle, Prague, Genoa and elsewhere have fuelled the debate on the possibility of a radically different future. This book is a collection of essays from some of the world's leading Marxist economists on the problems of globalisation and the evolution of modern capitalism. With contributions from Suzanne de Brunhoff, Ellen Meiksins Wood, Ben Fine, Simon Clarke, John Holloway and John Weeks among others, it provides a cohesive critique of the weaknesses of the existing system and puts forward a new agenda for anti-capitalist thought and action.
Covering key issues such as globalisation, the nation state, money and finance, conflict and war, technological change, the environment, class struggle, economic crisis, capitalism in the Third World, the collapse of the USSR, and the transcendence of capitalism, this is an ideal introduction to some of the most pressing problems of our time.
Lecio Morais is economics advisor at the Lower House of the Brazilian Parliament. Alfredo Saad-Filho is Professor of Political Economy at SOAS, University of London. He is the author of The Value of Marx: Political Economy for Contemporary Capitalism (Routledge, 2002), co-author of Marx's 'Capital' (Pluto, 2016), Neoliberalism: A Critical Reader (Pluto, 2005) and the Elgar Companion to Marxist Economics (Elgar, 2012)
Acknowledgements Introduction - Alfredo Saad-Filho Part I: Capital, Exploitation and Conflict 1. Value, Capital and Exploitation - Alfredo Saad-Filho 2. Does All Labour Create Value? - Simon Mohun 3. Money as Money and Money as Capital in a Capitalist Economy - Costas Lapavitsas 4. Capitalist Competition and the Distribution of Profits - Diego Guerrero 5. Contesting Labour Markets - Ben Fine 6. Technological Change as Class Struggle - Les Levidow 7. Capitalism, Nature and the Class Struggle - Paul Burkett Part II: Global Capitalism 8. The History of Capitalism - Michael Perelman 9. Globalisation and the State: Where is the Power of Capital? - Ellen Meiksins Wood 10. Financial and Industrial Capital: a New Class Coalition - Suzanne de Brunhoff 11. War, Peace and Capitalism: Is Capitalism the Harbinger of Peace or the Greatest Threat to World Peace? - Christopher Cramer 12. Understanding Capitalism in the Third World - Elizabeth Dore 13. Developing Country Debt and Globalisation - John Weeks 14. Globalisation and the Subsumption of the Soviet Mode of Production under Capital - Simon Clarke Part III: Crisis and the Supersession of Capitalism 15. Capital Accumulation and Crisis - Paul Zarembka 16. Marxian Crisis Theory and the Postwar US Economy - Fred Moseley 17. Where is Class Struggle? - John Holloway 18. Transcending Capitalism: The Adequacy of Marx's Recipe - Michael Lebowitz 19. Towards a Society of Free and Associated Individuals: Communism - Paresh Chattopadhyay List of Contributors Index