Introduction - Rethinking Marx’s Capital, Vol 1
Situated as we are in what could be termed late capitalism, the 150th anniversary of Marx’s Capital, Vol 1 is certainly one that should not be allowed to float by unnoticed. Since its initial publication, Capital has proved a force to be reckoned with – scholars and thinkers from all fields and traditions have grappled with Marx and his Capital, not only as a text itself but also as a text written in a specific context, space and time. Debates have centred around the nuances of Marx’s conceptual complexities as well as how to interpret these to make sense of contemporary events, phenomena and crises. Such debates have also extended to the author himself – the degree of reflexivity as well as his ability to control the mastery of his own work. More recently, with the collapse of state systems that claimed some sort of allegiance to Marx – and the turn of the market of China and Vietnam – Capital has perhaps tended to lose its wider readership and influence both as a seminal text and as a guiding political force.
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