Spectres of Capitalism: A Critique of Current Intellectual Fashions

This economic study seeks to cut through the intellectual fashions that assume a global capitalist triumph, taking the occasion of the 150th anniversary of Marx and Engels’ tract, The Communist Manifesto to focus upon the aspirations of the destitute millions of the post-Cold War era. Samir Amin examines the changing notions of crisis in capitalism; misconceptions of the free market model; the various distortions of Marx’s method; the role of culture in revolutions; the decline of the law of value in economics; the philosophical roots of postmodernism; how telecommunications affect ideology; and the myth of pure economics .