What drives capital’s global crises?
Mike Macnair reviews: Guglielmo Carchedi, 'Behind the crisis: Marx’s dialectics of value and knowledge', Haymarket Books, 2012, pp303, £20
book’s subtitle is a better guide to its contents than the main
title: it is primarily about the philosophical underpinnings
of Marx’s critique of political economy, and only secondarily - in
part of chapter two and in chapter three - about the immediate
origins or explanation of the ‘great crisis’ of 2008-09 and the
relative stagnation which has followed it in the central imperialist
countries. This point is not meant as a criticism - or, rather, at
most it is a criticism of its marketing. It is an important work
which should be widely read, though not uncritically.