Capitalism in the 21st Century

Through the Prism of Value

Capitalism in the 21st Century
Michael Roberts, Guglielmo Carchedi
RRP:
NZ$ 56.99
Our Price:
NZ$ 48.44
Paperback
h234 x 156mm - 288pg
20 Dec 2022 UK
International import eta 7-19 days
9780745340883
Out Of Stock
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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 don' t necessarily call for new theory. In Capitalism in the 21st Century, the authors show how Marx' s 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.
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. 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.

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