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blake 3:17
24th March 2007, 18:26
I've been working on the late Ernest mandel's Late Capitalism for about ten days or so. Wage slavery has meant I've a little less time to study it than I might like, but I am learning a great deal from it. Mandel was attempting to develop a coherent analysis of the world economy and the contradictions of capital, in the heritage of Marx and Lenin, during the late 60s early 70s.

I've been finding his explanation of the concrete contradictions of capitalist development very illuminating. He makes some important corrections to early classical Marxists who imagined Capital lining up all in a row with an attendant Proletariat. Instead the development is full of conflict, competition, and peculiar forms of uneven development.

I'm having a hard time explaining it -- I relaize I only understand it in part -- and would be happy to discuss with others who might be puzzling over it.