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In: Routledge Revivals Ser.
This title was first published in 2000. A 'generous soul' with 'ideas of genius' but a 'puerile idolater - Marx and his legacy remains an important focus for philosophers, economists, political scientists and others, but is Marxism dead and best forgotten, or is its relevance undiminished? Echoes of Utopia sets out to explore the relevance of Marxism in the contemporary world, through economic, political and human dimensions. Combining philosophical analysis of central economic and political concepts with an historically based examination of the unfolding of the twentieth century global economy, the author explores the work of Marx as well as two of his most trenchant critics, Schumpeter and Weil. While critical of that central pillar of Marxism, the labour theory of value,the author concludes that some of Marx's ideas, especially those concerning over-production, under-consumption, crises, planning, and international democratic governance, are more relevant than ever in today's world of economic, political and environmental turbulence.
In: Avebury series in philosophy
Machine generated contents note: I Marx's Bad Idea: The Organic Composition of Capital -- Introduction -- I The organic composition of capital -- II Criticisms of the labour theory of value and surplus -- value -- III Criticisms concerning the falling rate of profit -- IV The Grundrisse argument about automation -- V Conclusion -- 2 Marx's Good Idea: Overproduction, Underconsumption -- and Crises -- Introduction -- I Marx on overproduction, underconsumption and crises -- II The Keynesian response: the welfare state and "the -- acceptable face of capitalism" -- III The affluent society: Galbraith as heretical Keynesian -- IV Inflation, stagflation, globalization, automation -- V The implications for Keynesianism -- VI The implications for Marxism -- 3 Schumpeter and Socialism: Big is Beautiful -- Introduction -- I Schumpeter's criticisms of Marx -- II The viability of central planning -- III The superiority of the socialist blueprint -- 4 Simone Weil and Marx: The Impossible Dream -- Introduction -- I Weil's metaphysics: gravity and grace -- II Natural and social oppression -- III Two impossible dreams of liberty -- IV Marx right and Marx wrong -- V Conclusion -- 5 If I Ruled the World: "the Kitchens of the Future" -- Introduction -- I Schumpeter's answer -- II Weil's answer -- III If I ruled the world -- IV Contemporary forces -- Bibliography -- Index
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