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Global crisis and the relevance of Marx
Faced with the financial crisis that began in 2007 some economic commentators began to talk of ‘zombie banks’, financial institutions that were in an ‘undead’ state incapable of fulfilling any positive function but representing a threat to everything else.
However 21st century capitalism as a whole is a zombie system dead to achieving human goals and responding to human feelings but capable of sudden spurts of activity that cause chaos all around.
Chris Harman shows how Marx’s understanding of capitalism is essential for any explanation of how this world emerged and developed over the last century and a half.
He shows that the roots of the crisis today lie not in financial speculation but much deeper in a crisis of profitability which 30 years of the neoliberal offensive have failed to reverse.
The future of the system will not be a return to steady growth but repeated instability and upheaval, together with a rising ecological crisis.
Finally he looks the force in society capable of ending the rule of capital—the global working class.
Udgivet første gang: 2009
Pris: 180 kr.
Sidst opdateret 24.12.2006