Why Marx Was Right

Cover page -- Halftitle page -- Title page -- Copyright page -- Dedication -- Contents -- Preface to the Second Edition -- Preface -- ONE -- TWO -- THREE -- FOUR -- FIVE -- SIX -- SEVEN -- EIGHT -- NINE -- TEN -- Conclusion -- Notes -- Index

The subject of this book is the "negative assault on democratic capitalism" embodied in Capital A Critique of Political Economy, Marx's great work devoted to delineating the crimes and inequities of capitalist societies and market economies. The book is a systematic, step-by-step analysis of Marx's logic. It is a deconstruction of the arguments and deductions by which he reaches his main conclusion: that capitalism is corrupt in its essential nature, and that capitalists gain wealth not by any legitimate means, but by appropriating unpaid labor or "surplus value" from the working masses. Despite the disappearance of the Soviet bloc and the waning of Communist zealotry, that is still a widely-believed doctrine. Marx's accusation against capitalism, and the course of argumentation by which he arrives at it, together form the subject of the present volume.

In this combative, controversial book, Terry Eagleton takes issue with the prejudice that Marxism is dead and done with. Taking ten of the most common objections to Marxism—that it leads to political tyranny, that it reduces everything to the economic, that it is a form of historical determinism, and so on—he demonstrates in each case what a woeful travesty of Marx's own thought these assumptions are. In a world in which capitalism has been shaken to its roots by some major crises, Why Marx Was Right is as urgent and timely as it is brave and candid. Written with Eagleton's familiar wit, humor, and clarity, it will attract an audience far beyond the confines of academia.

'All too often, Karl Marx has been regarded as a demon or a deity - or a busted flush. This fresh, provocative, and hugely enjoyable book explains why, for all his shortcomings, his critique of modern society remains forcefully relevant even in the twenty-first century.' Francis Wheen, author of Karl Marx In recent years we could be forgiven for assuming that Marx has nothing left to say to us. Marxist regimes have failed miserably, and with them, it seemed, all reason to take Marx seriously. The fall of the Berlin Wall had enormous symbolic resonance: it was taken to be the fall of Marx as well as of Marxist politics and economics. This timely book argues that we can detach Marx the critic of current society from Marx the prophet of future society, and that he remains the most impressive critic we have of liberal, capitalist, bourgeois society. It also shows that the value of the 'great thinkers' does not depend on their views being true, but on other features such as their originality, insight, and systematic vision. On this account too Marx still richly deserves to be read.

A chilling account of an evil ideology and the man whose nefarious thoughts made it possible.

One of the most notorious works of modern times, as well as one of the most influential, Capital is an incisive critique of private property and the social relations it generates. Living in exile in England, where this work was largely written, Marx drew on a wide-ranging knowledge of its society to support his analysis and generate fresh insights. Arguing that capitalism would create an ever-increasing division in wealth and welfare, he predicted its abolition and replacement by a system with common ownership of the means of production. Capital rapidly acquired readership among the leaders of social democratic parties, particularly in Russia and Germany, and ultimately throughout the world, to become a work described by Marx's friend and collaborator Friedrich Engels as 'the Bible of the Working Class'.

Terry Eagleton explains that freedom, for Marx, entailed release from commerciallabour, "a kind of creative superabundance over what is materially essential". Eagleton outlines the relationship between production, labour and ownership which lie at the core of Marx's thinking. Marx's utopia was a place in which labour is increasingly automated, emancipating the wealth of sensuous individualdevelopment so that "savouring a peach [is an aspect] of our self-actualisation as much as building dams".

Citing a lifelong engagement with Marxism, critic and writer Marshall Berman reveals the movement's positive points and suggests a new beginning for Marxism may be on the horizon with its recent 150th anniversary attention.