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I think it's reasonable to say that Marxism continues to evolve as people continue to apply and evolve its principles to modern conditions. Just as capitalism
by __d 2y ago
I think it's reasonable to say that Marxism continues to evolve as people continue to apply and evolve its principles to modern conditions. Just as capitalism has continued to evolve after the death of Adam Smith (although, to be fair, Marxism is more directly associated with its namesake).
As one example, Kohei Saito has recently published popular works of Marxist perspectives on climate change and modern capitalism. I'm no expert, there are likely other, better examples.
- pyeri 2y agoCapitalism hasn't evolved but rather "devolved" into Cronyism from a benign "invisible hand of the free market" phenomenon of Adam Smith and David Ricardo into a fully fledged corporate machine with tentacles into layers of political and media control. But given the long-term trajectory of "free markets" and "invisible hand", I guess this was bound to happen at some point. I wonder what Smith and Ricardo would have said if they knew *this* was where their economic vision is going to end up!