Marx, Money and the Modern World: Finance Capital and Imperialism Today
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Description
The starting point for the collection of articles presented here is that we can find the answers we need in the classical canon of Marxist political economy.Thus, this anthology seeks to do link together two things: the contradictions of the global economic system and the developing tensions and frictions in international relations with the rise of new global powers. Marcus Lehner offers an outline of Karl Marx’s theories of money, banking and finance and shows how it can provide a compelling account of what caused the great financial crisis. Updating an earlier analysis written for the German Marxist journal Revolutionärer Marxismus he applies the theory to the American banking system. Luke Cooper surveys the work of two recent high profile Marxist theories of imperialism developed by David Harvey and Alex Callinicos. And Keith Spencer makes a case study analysis of a ‘Great Power’ that was at the centre of the global financial whirlwind: Britain.
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