Capitalism in the Twenty-first Century Through the Prism of Value, by Guglielmo Carchedi and Michael Roberts, aims to explain 21st-century capitalism through Karl Marx’s value theory. It aligns with ...

"Capitalism should not become the model of society," says Cardinal Reinhard Marx of Munich, one of Francis' top advisers. “To think that somewhere there are pure markets which give rise to the good ...

Author’s Note: The following is an abridged and edited passage from the first chapter of my Invisible Leviathan: Marx’s Law of Value in the Twilight of Capitalism, published by Haymarket Books in 2019 ...

Here are some threads from C.P. Chandrasekhar’s book: Embedded in Marx’s Capital was the idea that structural characteristics and inherent tendencies make capitalism an unstable and deeply ...

Karl Marx’s famous quote, “The theory of the Communists may be summed up in the single sentence: Abolition of private property,” spots a central concept of communist ideology. More than a century ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. We have a dearth of knowledge in the U.S. regarding Marxist economic and social theory. Marx is not taught in our ...

To the extent that most of us take the time to try to make sense of the society we live in, we are generally at a loss to account for both the continual change and the particulars we see before us, ...

Adam Smith, a Scotsman, and Karl Marx, a German, are probably the two best known political economists in the Conceptual West. They lived a few decades apart and each had profound impact on how ...