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Marx's Revenge: The Resurgence of Capitalism and the Death of Statist Socialism Paperback – May 17, 2004


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Product Details

  • Paperback: 320 pages
  • Publisher: Verso (May 17, 2004)
  • Language: English
  • ISBN-10: 1859844294
  • ISBN-13: 978-1859844298
  • Product Dimensions: 1.1 x 6.3 x 7.3 inches
  • Shipping Weight: 1.1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #1,540,162 in Books (See Top 100 in Books)

Editorial Reviews

Review

“... anti-globalization activists would do well to check out Marx’s Revenge, which is an economic history aimed at the general reader.”—Irish Times

“A criticism from the Left was that it was over-optimistic to hope for ‘social capitalism.’ Well, perhaps. But capitalism is all we’ve got and Meghnad Desai’s book Marx’s Revenge, published by Verso, is brilliantly timed.”—William Keegan, The Observer

“Marx, if we did but know it, is the prophet and advocate of globalization.”—Will Hutton, Independent Magazine

“A stimulating, judicious and learned book, at times provocative and merry, but, above all, thoughtful on where the world has come from ... and the errors and breakthroughs of judgement which allow us to treat our economic world with enhanced self-consciousness.”—Development Policy Review

About the Author

Meghnad Desai was Director at the Centre for Global Governance at the London School of Economics. His previous books include Marxian Economics, Applied Econometrics, and India’s Triple Bypass.

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Most Helpful Customer Reviews

37 of 40 people found the following review helpful By Gunlover on March 5, 2003
Format: Hardcover Verified Purchase
Many Leftists, myself included, have spoken against the negative effects that globalization has had on the working classes in both the United States and the Third World. However, if Marx were alive today, what would his position be?
In "Marx's Revenge," Meghnad Desai proposes the startling thesis that Marx would support the current phenomenon of globalization. According to Desai, a truly socialist society can develop only when capitalism exhausts itself as a creative and progressive force. As recent events have shown, this has not yet happened. Capitalism is still a productive and vital force for better or worse.
Desai supports his thesis by discussing three variants of socialism that arose in the 20th Century: Socialism outside Capitalism (SoC), Socialism within Capitalism (SwC), and Socialism beyond Capitalism (SbC).
SoC represents the socialist society that was attempted within the Soviet Union. This version represents the Stalinist "socialism in one country" model which held that socialism and capitalism were destined to compete against each other. The system that was able to produce the most economic benefit to its citizens was to be declared the "winner." However, the corruption endemic in the Soviet system and its inability to produce the surplus capital necessary for economic growth and development led to the demise of this system with the fall of the Soviet Union in 1991.
SwC represents the attempt by the developed capitalist nations to develop a "humanized" capitalism with a generous welfare state. This system largely worked from 1945 through the end of the 1960s.
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5 of 7 people found the following review helpful By Tragdor on May 30, 2005
Format: Hardcover
A fun read that attempts to turn Marxian theory on its head to create a pro-capitalist Marx. The book is a good overview of the economic history of the last 200 some years and Marxian economic/poltical theory. My only criticism would be that, I believe he brushed aside Popper's criticisms of Hegel too nonchalantly.
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