Late Capitalism

Late Capitalism is the first major synthesis to have been produced by the contemporary revival of Marxist economics. It represents, in fact, the only systematic attempt so far ever made to combine the general theory of the "laws of motion" of the capitalist mode of production developed by Marx, with the concrete history of capitalism in the twentieth century.

Mandel's book starts with a challenging discussion of the appropriate methods for studying the capitalist economies. He seeks to show ...