Karl Marx's ideas have been declared "dead" on more than one occasion, only to emerge with new relevance a few years later. But the "collapse of communism" seemed to be the final nail in his coffin. The end of history had been reached, we were told, and poor old Karl was wrong. -- Or was he?
In "Marx's Labor Theory of Value: A Defense, " Hayashi Hiroyoshi argues that Marx will continue to be relevant as long as capitalism continues to exist. This is simply because no one grasped the nature of capitalism on a more profound level than Marx did. Hayashi presents the most fundamental aspects...
Karl Marx's ideas have been declared "dead" on more than one occasion, only to emerge with new relevance a few years later. But the "collapse of commu...