A collection of essays from some Marxist economists on the problems of globalisation and the evolution of modern capitalism. It provides a critique of the weaknesses of the system and puts forward a agenda for anti-capitalist thought and action. It includes issues such as globalisation, the nation state, money and finance, and conflict.

Political protests against neoliberal globalisation, corporate power and the inequities of contemporary capitalism are increasing all the time. Demonstrations in Seattle, Prague, Genoa and elsewhere have fuelled the debate on the possibility of a radically different future. This book is a collection of essays from some of the world's leading Marxist economists on the problems of globalisation and the evolution of modern capitalism. With contributions from Suzanne de Brunhoff, Ellen Meiksins Wood, Ben Fine, Simon Clarke, John Holloway and John Weeks among others, it provides a cohesive critique of the weaknesses of the existing system and puts forward a new agenda for anti-capitalist thought and action.Covering key issues such as globalisation, the nation state, money and finance, conflict and war, technological change, the environment, class struggle, economic crisis, capitalism in the Third World, the collapse of the USSR, and the transcendence of capitalism, this is an ideal introduction to some of the most pressing problems of our time.

AcknowledgementsIntroduction - Alfredo Saad-FilhoPart I: Capital, Exploitation and Conflict1. Value, Capital and Exploitation - Alfredo Saad-Filho2. Does All Labour Create Value? - Simon Mohun3. Money as Money and Money as Capital in a Capitalist Economy - Costas Lapavitsas4. Capitalist Competition and the Distribution of Profits - Diego Guerrero5. Contesting Labour Markets - Ben Fine6. Technological Change as Class Struggle - Les Levidow7. Capitalism, Nature and the Class Struggle - Paul BurkettPart II: Global Capitalism8. The History of Capitalism - Michael Perelman9. Globalisation and the State: Where is the Power of Capital? - Ellen Meiksins Wood10. Financial and Industrial Capital: a New Class Coalition - Suzanne de Brunhoff11. War, Peace and Capitalism: Is Capitalism the Harbinger of Peace or the Greatest Threat to World Peace? - Christopher Cramer12. Understanding Capitalism in the Third World - Elizabeth Dore13. Developing Country Debt and Globalisation - John Weeks14. Globalisation and the Subsumption of the Soviet Mode of Production under Capital - Simon ClarkePart III: Crisis and the Supersession of Capitalism15. Capital Accumulation and Crisis - Paul Zarembka16. Marxian Crisis Theory and the Postwar US Economy - Fred Moseley17. Where is Class Struggle? - John Holloway18. Transcending Capitalism: The Adequacy of Marx's Recipe - Michael Lebowitz19. Towards a Society of Free and Associated Individuals: Communism - Paresh ChattopadhyayList of ContributorsIndex