Value of radical theory: an anarchist introduction to Marx's critique of political economy /

The Value of Radical Theory achieves two main goals: It explains Marxs economic theory, providing readers with a solid foundation in his critique of capitalism. Wayne Prices political insights also offer a framework through which anarchists can understand and use Marx, while remaining anarchists. The result is an insightful primer that sidesteps the typical anarchist vs. Marxist debates. Price presents Marxs theory as an as-yet-unsurpassed explanation of contemporary capitalism, one that will aid in the task of overcoming the market and ushering in an era of collective, participatory control of the economy, inspired by anarchist political and ethical traditions. Wayne Price is a long-time writer, theorist, and activist on the Left. He has been involved in a series of revolutionary libertarian-socialist organizations and has been active in dissident caucuses in teacher unions, human rights organizing, and the antiwar movement, from the Vietnam war to today. Prices adherence to class-struggle anarchism is been complimented by a deep appreciation for Marx's critique of capitalism. He is the author of The Abolition of the State: Anarchist & Marxist Perspectives (2007) and Anarchism & Socialism: Reformism or Revolution? (2010). Opening Contents Introduction Part I: Basics Chapter 1: The Labor Theory of Value Chapter 2: Cycles, Recessions, and the Falling Rate of Profit Part II: Epochs of Capitalism Chapter 3: Capitalism’s Dramatic Entrance: Primitive Accumulation Chapter 4: The Epoch of Capitalist Decline and Social Revolution Chapter 5: The Post-War Boom and Fictitious Capital Chapter 6: State Capitalism Part III: The Socialist Goal Chapter 7: Socialism or Barbarism? Chapter 8: What Marx Meant by Socialism and Communism Conclusion: An Anarchist Critique of Marx’s Political Economy Appendix to Chapter 8: Malatesta’s Method for an Anarchist Economy References for Further Reading Bibliography Copyright Support AK Press! 'The Value of Radical Theory' explains Marx's economic theory, providing the reader with a solid foundation of his critique on capitalism, and also offers insights and a framework where anarchists might learn aspects of Marxist theory while remaining anarchists. This erudite primer sidesteps the typical anarchist vs. Marxist debates, presenting Marx's theory as an enduring explanation of contemporary capitalism, one that will aid in the task of overcoming the market and ushering in an era of participatory control of the economy inspired by anarchist ethics