Capitalism in the 21st Century: Through the Prism of Value by Michael Roberts (E

Description: Capitalism in the 21st Century by Michael Roberts, Guglielmo Carchedi A sweeping, authoritative and accessible overview of major issues in the global economy from a Marxist perspective FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description Contemporary capitalism is always evolving. From digital technologies to cryptocurrencies, current trends in political economy are much discussed, but often little understood. So where can we turn for clarity? As Michael Roberts and Guglielmo Carchedi argue, new trends dont necessarily call for new theory.In Capitalism in the 21st Century, the authors show how Marxs law of value explains numerous issues in our modern world. In both advanced economies and the periphery, value theory provides a piercing analytical framework through which we can approach topics as varied as labour, profitability, automation and AI, the environment, nature and ecology, the role of China, imperialism and the state.This is an ambitious work that will appeal to both heterodox economists and labour movement activists alike, as it demonstrates the ongoing contemporary relevance of Marxist theory to current trends in political economy. Author Biography Guglielmo Carchedi was Professor of Economics at Amsterdam University and is the author of several works including Frontiers of Political Economy, For Another Europe and Behind the Crisis.Michael Roberts has worked in the City of London for over 30 years as an economist and financial adviser. He is author of several books including The Great Recession, The Long Depression and Marx 200. He blogs at thenextrecession.wordpress.com. Table of Contents Introduction1. Nature and value2. Money, prices and value3. Crises and value4. Imperialism and value5. Robots, AI, knowledge and value6. Socialism and valueAppendix 1: The value theory of inflationAppendix 2: Measuring unequal exchange of value in international trade Review A tour de force. This Marxist analysis is both a significant addition to the literature on Marxs theory of value and an accessible introduction to why it is essential to understanding the multiple crises of twenty-first century capitalism -- Murray E.G. Smith, Professor of Sociology at Brock UniversityCarchedi and Roberts make killer arguments that Marxs labour theory of value is indispensable for understanding capitalisms environmental destructiveness, economic crises, impact on knowledge production and aspects of its financial processes -- Rick Kuhn, author of the Deutscher Prize winning Henryk Grossman and the Recovery of MarxismFundamental. Roberts and Carchedi explains the characteristics of the current world through its most objective dimension - the theory of value - which, in an anti-dialectical way, has been forgotten by the left in recent decades -- Raquel Varela, author of A Peoples History of the Portuguese RevolutionOffers a rigorous Marxist interpretation of some of the major issues in contemporary capitalism. Its analysis is firmly based on the Marxist labour theory of value and is coupled with meticulous empirical support -- Satvros Mavroudeas, Professor of Political Economy at Panteion University, GreeceTwo of the most accomplished and prominent Marxist authors -- Lefteris Tsoulfidis, Professor of Economic Thought, University of Macedonia, GreeceCapitalism will always be capitalism, but in the 21st century new forms, controversies and challenges have appeared ... This book masterfully shows the strength of Marxs law of value and the alternative socialist planning -- Juan Pablo, Professor of Applied Economics, Complutense University of MadridBrilliant Marxian theoretical and empirical analysis ... as if updating Ernest Mandels Late Capitalism for the 21st century -- Seongjin Jeong, Professor of Economics, Gyeongsang National UniversityRestates Marxs critique of political economy for today, displaying formidable theoretical rigour and command of the empirical evidence. Roberts and Carchedi offer challenging analyses of ecological catastrophe, economic crises, imperialism, robots, and socialism from which everyone will learn -- Alex Callinicos, Professor of European Studies, Kings College London Long Description Contemporary capitalism is always evolving. From digital technologies to cryptocurrencies, current trends in political economy are much discussed, but often little understood. So where can we turn for clarity? As Michael Roberts and Guglielmo Carchedi argue, new trends dont necessarily call for new theory. In Capitalism in the 21st Century, the authors show how Marxs law of value explains numerous issues in our modern world. In both advanced economies and the periphery, value theory provides a piercing analytical framework through which we can approach topics as varied as labour, profitability, automation and AI, the environment, nature and ecology, the role of China, imperialism and the state. This is an ambitious work that will appeal to both heterodox economists and labour movement activists alike, as it demonstrates the ongoing contemporary relevance of Marxist theory to current trends in political economy. Review Quote Two of the most accomplished and prominent Marxist authors Lefteris Tsoulfidis, Professor of Economic Thought, University of Macedonia, Greece Capitalism will always be capitalism, but in the 21st century new forms, controversies and challenges have appeared [...] This book masterfully descends to the concrete to show the strength of Marxs law of value and the alternative socialist planning. Juan Pablo, Professor of Applied Economics, Complutense University of Madrid Details ISBN0745340881 Author Guglielmo Carchedi Short Title Capitalism in the 21st Century Publisher Pluto Press Language English ISBN-10 0745340881 ISBN-13 9780745340883 Subtitle Through the Prism of Value Year 2022 Format Paperback Imprint Pluto Press Place of Publication London Country of Publication United Kingdom Publication Date 2022-12-20 AU Release Date 2022-12-20 NZ Release Date 2022-12-20 UK Release Date 2022-12-20 Pages 288 Series IIPPE Illustrations 52 Graphs Alternative 9780745340876 DEWEY 330.122 Audience Professional & Vocational We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:161824275;

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