Introduction In the preface to the first edition of volume one of Capital, dated July 25, 1867, Marx introduces the book’s “ultimate aim": “to lay bare the economic law of motion of modern society” [1]. Looking back 155 years later, it’s clear the book not only...
When the People’s Republic of China (PRC) was proclaimed in October 1949, the country’s economy was in a shambles, devastated by decades of war and ravaged by inflation triggered by global forces beyond local control. The Communist Party of China (CPC) and the new...
Introduction Although Marx himself only mentioned the “base” and “superstructure” in (by my count) two of his works, the base-superstructure “problem” remains a source of serious contention for Marxists, our sympathizers, and our critics. Despite its outsized role in...