Marxist Economic Theory: An Introduction by Osvaldo Coggiola

A Comprehensive Guide to Understanding Marxist Economics

In "Marxist Economic Theory: An Introduction," renowned economist Osvaldo Coggiola presents a comprehensive and accessible exploration of the fundamental principles and concepts of Marxist economics. This seminal work offers a profound understanding of the economic theories developed by Karl Marx and their enduring relevance in analyzing and critiquing contemporary economic systems.

Unveiling the Foundations of Marxist Economics

Coggiola begins by establishing the historical context that shaped Marx's economic thought, tracing its roots in classical economics and the tumultuous social and economic conditions of the 19th century. He meticulously dissects Marx's labor theory of value, surplus value, and exploitation, providing a clear and concise explanation of these cornerstone concepts.

Exploring the Dynamics of Capitalism

Coggiola delves into the intricate workings of capitalism, highlighting its inherent contradictions and tendencies toward crisis. He examines the processes of capital accumulation, the role of technology, and the dynamics of class struggle, demonstrating how these factors shape the trajectory of capitalist economies.

Critiquing Mainstream Economic Theories

Coggiola offers a critical assessment of mainstream economic theories, contrasting them with Marx's alternative framework. He exposes the limitations and biases of neoclassical economics, monetarism, and Keynesianism, arguing for the superiority of Marxist economics in explaining economic phenomena and guiding policy decisions.

Relevance in the Contemporary World

Coggiola emphasizes the enduring relevance of Marxist economic theory in understanding the challenges of the modern global economy. He analyzes the rise of globalization, financialization, and inequality, demonstrating how Marx's insights provide a powerful lens for comprehending these complex phenomena.

A Must-Read for Economists and Social Scientists

"Marxist Economic Theory: An Introduction" is an indispensable resource for economists, social scientists, and anyone seeking a deeper understanding of the economic forces that shape our world. Coggiola's masterful synthesis of theory and real-world examples makes this book a compelling read for anyone interested in the intersection of economics, politics, and society.

Key Features:

• Comprehensive coverage of Marxist economic theory, from its historical roots to contemporary applications
• Clear and concise explanations of complex concepts, making the book accessible to readers of all levels
• Critical analysis of mainstream economic theories, highlighting their limitations and biases
• Examination of the relevance of Marxist economics in understanding the challenges of the modern global economy
• Engaging writing style and real-world examples that bring theory to life

Don't miss this opportunity to gain a profound understanding of Marxist economic theory and its significance in shaping our economic and social landscape. Get your copy of "Marxist Economic Theory: An Introduction" today!