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The book provides a theoretically and historically informed analysis of the global economic crisis.

It makes original contributions to theories of value, of crisis and of the state and uses these to develop a rich empirical study of the changing character of capitalism in the twentieth century and beyond. It defends, uses and develops Marxist theory while arguing particularly against jumping too quickly from abstract concepts to a concrete understanding of the crisis. Instead, it uses what Marx described in his notebooks as an obvious analytical ordering to progress from a general...

The book provides a theoretically and historically informed analysis of the global economic crisis.

It makes original contributions to theories of value, of crisis and of the state and uses these to develop a rich empirical study of the changing character of capitalism in the twentieth century and beyond. It defends, uses and develops Marxist theory while arguing particularly against jumping too quickly from abstract concepts to a concrete understanding of the crisis. Instead, it uses what Marx described in his notebooks as an 'obvious' analytical ordering to...

One hundred years after their first appearance in Leon Trotsky's "Results and Prospects," this book critically reevaluates two key Marxist theories: uneven and combined development, and permanent revolution. It brings together a formidable array of Marxist intellectuals from across the world including Daniel Bensaid, Michael Lowy, Hillel Ticktin and Patrick Bond.

Marx saw societies progressing through distinct historical stages feudal, bourgeois and communist. Trotsky advanced this model by considering how countries at different stages of development influence each other. Developed...