In Part 1 of this book originally published in France in 1995, Claude Bitot addresses capitalism’s imminent contradictions from the perspective of Marx’s theory of the falling rate of profit and in the context of the role of automation, rising productivity and relocations since the crisis of the 1970s, and concludes that capitalism has entered a stage of permanent crisis he defines as “the end of its cycle”; in Part 2, he discusses some of the ideological and social consequences of this crisis that signal the definitive decline of the republican and secular values that characterized the rise of the nation state in the springtime and maturity of capitalism.
An investigation of this supposedly victorious capitalism - Claude Bitot
Understanding Capital - Duncan K. Foley
Understanding Capital is a brilliantly lucid introduction to Marxist economic theory. Duncan Foley builds an understanding of the theory systematically, from first principles through the definition of central concepts to the development of important applications. All of the topics in the three volumes of Capital are included, providing the reader with a complete view of Marxist economics.