Twenty-First-Century Capital: Critical Post-Soviet Marxist Reflections

Buzgalin and Kolganov's book investigates how and why the fundamental elements of capitalism have changed since Marx's Capital, offering a recovery and development of Marx's understanding of social transformations. It demonstrates Marxism's relevance to contemporary economic questions and its superiority over neoclassical economics, and proposes a response to the commodification of knowledge and information.

\n Format: Hardback
\n Length: 264 pages
\n Publication date: 30 November 2021
\n Publisher: Manchester University Press
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In their groundbreaking work, Buzgalin and Kolganov delve into the intricate dynamics of twenty-first-century capitalism, seeking to unravel the profound shifts that have taken place in the fundamental elements of this economic system over the past 150 years. Through a theoretical investigation, they explore how and why commodities, money, and capital have undergone transformative changes, shaping the very fabric of modern society.

Their innovative approach introduces concepts such as social creativity, markets for simulacra, and virtual fictitious capital, offering a fresh perspective on Marx's understanding of social transformations. By reexamining these core elements, Buzgalin and Kolganov propose a recovery and development of Marx's vision, providing a valuable contribution to the ongoing debate about the relevance and superiority of Marxism in addressing contemporary economic challenges.

Moreover, their work extends beyond mere theoretical exploration. It demonstrates the profound relevance of Marxism to the core economic questions of our time and its superiority over neoclassical economics. By delving into the complexities of twenty-first-century capitalism, Buzgalin and Kolganov invite English-language readers to embark on a journey into the "undiscovered country" of Soviet and post-Soviet critical Marxism.

In the face of the contemporary challenges posed by the commodification of knowledge and information, modern Marxism must adapt and respond accordingly. The authors raise thought-provoking questions about the potential for a "Capital" for the twenty-first century, exploring how Marxist ideas can be applied to address the evolving dynamics of the global economy.

This accessible and comprehensive account is a must-read for anyone seeking to gain a deeper understanding of the problems plaguing the modern economy. It offers a valuable roadmap for navigating the complexities of our times, providing insights and perspectives that can help us shape a more equitable and sustainable future. As we continue to grapple with the challenges of capitalism in the twenty-first century, Buzgalin and Kolganov's work serves as a beacon of hope, guiding us toward a brighter and more prosperous future.

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Dimension: 234 x 156 (mm)\n
ISBN-13: 9781526131454\n \n