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Invisible Leviathan: Marx's Law of Value in the Twilight of Capitalism
Contributor(s): Smith (Author)
ISBN: 9004312196     ISBN-13: 9789004312197
Publisher: Brill
OUR PRICE:   $193.80  
Product Type: Hardcover - Other Formats
Published: November 2018
Qty:
Temporarily out of stock - Will ship within 2 to 5 weeks
Additional Information
BISAC Categories:
- Political Science | Political Ideologies - Communism, Post-communism & Socialism
- Political Science | History & Theory - General
- Political Science | Public Policy - Economic Policy
Dewey: 335.412
Series: Historical Materialism Book
Physical Information: 1" H x 6.3" W x 9.3" (1.40 lbs) 396 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
In this updated and expanded edition of Invisible Leviathan, Murray E.G. Smith critically explores and makes significant contributions to the debate surrounding Karl Marx's 'capitalist law of value' and its corollary, the law of the falling rate of profit. A powerful case is presented that capitalism has exhausted its potential to contribute to human progress. Humanity confronts a fateful choice: to allow this obsolescent system - which necessarily measures 'wealth' in terms of 'abstract social labour' and money profit - to destroy human civilisation; or to make the leap toward a global, egalitarian-socialist society in which the satisfaction of human need is the starting-point and the all-round development of each and every human individual the goal of the socio-economic life process.

First printed in 1994 as Invisible Leviathan: The Marxist Critique of Market Despotism Beyond Postmodernism by University of Toronto Press. This second and revised edition includes a new Foreword by Michael Roberts, and a Preface to the Second Edition.