Invisible Leviathan: Marx's Law of Value in the Twilight of Capitalism [9789004312197]

Overview

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.

The book, Invisible Leviathan: Marx's Law of Value in the Twilight of Capitalism [Bulk, Wholesale, Quantity] ISBN#9789004312197 in Hardcover by Murray Smith may be ordered in bulk quantities. Minimum starts at 25 copies. Availability based on publisher status and quantity being ordered.