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Twilight Capitalism: Karl Marx and the Decay of the Profit System

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Twenty-first-century capitalism has little more to offer than a menu of despair: pandemics, deepening inequality, worsening depression, runaway climate change, intensifying authoritarianism and escalating militarism. Twilight Capitalism offers a wide-ranging analysis of the origins, implications and scope of the “combined” social crisis of 2020 and beyond. A compelling case is made that Karl Marx’s critical analysis of capitalism, along with his program of class-struggle socialism, is essential to understanding and addressing the most important social, economic and ecological problems of our time.

Author(s): Murray E.G. Smith, Jonah Butovsky, Josh Watterton
Publisher: Fernwood Publishing
Year: 2021

Language: English
Pages: 305
City: Winnipeg
Tags: economics, marxism, sociology, covid-19

Cover
Title Page
Copyright
Contents
Dedication
Acronyms
Preface
Acknowledgements
Chapter 1
Pandemic, Slump and Uprising in the Twilight of Capitalism
Chapter 2
Twilight Capitalism: The Economic Dimension
Chapter 3
Marx’s Theories of Value, Capital and Crisis
Chapter 4
Valorization Crisis and the Path to Global Depression
Chapter 5
Marx’s Law of Profitability: Evidence and Controversy
Chapter 6
Marxist versus Radical Heterodox Economics: In Defence of the Labour Theory of Value
Chapter 7
Twilight Capitalism or Socialist Revolution?
Chapter 8
Imagining Socialism
References
Index