Tag: Economics
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Trotsky: Marxism in our time
Written in 1939 as an introduction to an abridgement of Karl Marx’s book Capital, Trotsky’s “Marxism in Our Time” offers a brilliant summary of Marx’s epoch-making discoveries. Using contemporary examples, Trotsky demonstrates how Marx’s analysis of capitalism in its youthful vigour is as valid now, in its period of terminal decline. Like today, when Trotsky…