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612-822-4611
Twenty-First-Century Capital: Critical Post-Soviet Marxist Reflections

Twenty-First-Century Capital: Critical Post-Soviet Marxist Reflections

Hardcover

Series: Geopolitical Economy

General Political Science

ISBN10: 1526131455
ISBN13: 9781526131454
Publisher: Manchester Univ Pr
Published: Nov 30 2021
Pages: 264
Weight: 1.19
Height: 0.63 Width: 6.14 Depth: 9.21
Language: English

How would Marx have understood twenty-first-century capitalism? For Buzgalin and Kolganov, the answer lies in a theoretical investigation of how and why the fundamental elements of capitalism- commodities, money and capital - have changed since the publication of Marx's Capital more than 150 years ago.

Introducing the concepts of social creativity, markets for simulacra and virtual fictitious capital - Buzgalin and Kolganov offer a recovery and development of Marx's understanding of social transformations. Twenty-first century capitalism not only demonstrates Marxism's relevance to the core economic questions of our time and its superiority over neoclassical economics, but it leads English-language readers into the 'undiscovered country' of Soviet and post-Soviet critical Marxism.

How might modern Marxism respond to the contemporary challenges of the commodification of knowledge and information? And can it arrive at something resembling a Capital for the twenty-first century? This accessible and comprehensive account is essential reading for those wanting to understand the problems of the modern economy.

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General Political Science