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Marxist Critique Of Capitalism Analysis

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Marxist Critique Of Capitalism Analysis
Does the Marxist critique of capitalism still have relevance today?

Despite the continuous and exaggerated proclamations toward its diminishing relevance, the theories and critiques originally put forth by Karl Marx toward the economic, political and social order continue to exert enormous intellectual influence and clout throughout human society. The 21st century, thus far, has been defined by utter global dysfunction through widening income inequality, financial crisis and instability, worsening environmental disasters and ongoing disputes in industrial relations[1]. The volatility and growing injustice of the contemporary era has brought about not only a resurgence in Marxist thinking and ideology, but has simultaneously mandated a deeper analysis toward the largely revered ideals of free-markets and capitalism as the
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2010. Marx 's Understanding of the Essence of Capitalism. [online] Available at: http://www.hetsa.org.au/pdf-back/17-A-3.pdf [Accessed: 10 Jul 2013].

[9] Postone, M. 1993. Rethinking Marx 's critique of capitalism. In: Postone, M. eds. 1993. Time, Labor and Social Domination. 1st ed. Cambridge: Cambridge University Press, pp. 3-42.

[10] Resnick, S. and Wolff, R. 2010. The Economic Crisis: A Marxian Interpretation. Rethinking Marxism, 22 (2), pp. 171-184. Available at: http://rdwolff.com/sites/default/files/attachment/4/Resnick%20&%20Wolff%20(RM%2022.2).pdf [Accessed: 10 Jul 2013].

[11] Ullah, R., Khan, K. and Salih Shah, M. 2012. Steinbeck’s The Pearl as Marxist Critique of Capitalism.International Journal of Humanities and Social Science, 2 (4), pp. 273-278. Available at: http://www.ijhssnet.com/journals/Vol_2_No_4_Special_Issue_February_2012/32.pdf [Accessed: 10 Jul 2013].

[12] University of Sydney. 2006. Human Rights in the 21st Century: Take a Walk on the Dark Side. [online] Available at: http://sydney.edu.au/law/slr/slr28_4/Kapur.pdf [Accessed: 09 Jul


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