Synopses & Reviews
The Value of Radical Theory achieves two main goals. It explains Marx's economic theory, providing readers with a solid foundation in his critique of capitalism. Price's 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 Marx's 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.
Synopsis
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Wayne is very well known within the anarchist and left libertarian movement globally. Those familiar with his work will be sure to pick up this new title.
About the Author
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. Price's 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 and Marxist Perspectives (2007) and Anarchism and Socialism: Reformism or Revolution? (2010).
Table of 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: Primitive Accumulation at the
Origins of Capitalism
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