Murray E.G. Smith

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Twilight Capitalism

Karl Marx and the Decay of the Profit System

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 … ; ; 295 View
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Preface

From: Twilight Capitalism

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Pandemic, Slump, and Uprising in the Twilight of Capitalism

From: Twilight Capitalism

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This chapter outlines some of the events of the "social crisis of 2020," and connects these with the problems inherent in late capitalism. ; ; 33 $3.30 Add
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Twilight Capitalism

The Economic Dimension

From: Twilight Capitalism

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In this chapter, the authors make the case that capitalism — once a formidable force for innovation and the development of productivity (not to mention brutal exploitation, violence and … ; ; 40 $4.00 Add
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Marx’s Theories of Value, Capital and Crisis

From: Twilight Capitalism

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This chapter describes key concepts from Marx’s economic theories, and suggests that the questions arising from these theories are more important than ever as capitalism approaches its … ; ; 51 $5.10 Add
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Valorization Crisis and the Path to Global Depression

From: Twilight Capitalism

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This chapter explores the processes of financialization, the disconnect between the "real" and "ficticious" economies, and the Great Recession of 2008. The authors suggest … ; ; 38 $3.80 Add
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Marx’s Law of Profitability

Evidence and Controversy

From: Twilight Capitalism

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This chapter surveys several attempts to empirically evaluate Marx’s law of the tendency of the rate of profit to fall, with a view to establishing its actuality as a law governing the … ; ; 31 $3.10 Add
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Marxist versus Radical Heterodox Economics:

In Defence of the Labour Theory of Value

From: Twilight Capitalism

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The purpose of this chapter is to show that: 1) Marx’s production-centred theory offers a much better theoretical basis for understanding the economic malaise of twenty-first-century … ; ; 25 $2.50 Add
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Socialist Strategy, Yesterday and Today: Notes on Classical Marxism and the Contemporary Radical Left

From: 21st Century Socialism

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Twilight Capitalism or Socialist Revolution

From: Twilight Capitalism

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This chapter examines "twenty-first-century socialism," and how young people are generally moving to the left and becoming attracted to socialist ideas. ; ; 32 $3.20 Add
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Imagining Socialism

From: Twilight Capitalism

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In the concluding chapter, the authors review several notable ways of conceiving an alternative to capitalism, drawing important lessons – both positive and negative – from the … ; ; 21 $2.10 Add