The rulers’ economic squeeze on Greece is intended to be an ideological prison for the working masses of Europe. Left tendencies aim to use the state to save capitalism or move toward socialism—rather than releasing self-activity of masses in motion as the prime mover of social transformation.
Price presents a clear explanation of what Marx wrote in Capital about the capitalist mode of production…He correctly sees state capitalism as the final stage of the capitalist mode of production, where private capitalist property is replaced by state capitalist ownership of the means of production and distribution.
Yanis Varoufakis, the Finance Minister in Greece’s Syriza government, shows where postmodernist attacks on Marx lead politically, declaring that the task of today’s Left is to save capitalism from itself.
Today’s revival of interest in Marx, especially since the onset of the 2008 economic meltdown, includes a significant strain of economism and has revived controversies and issues addressed by Dunayevskaya in this review-essay of Paul Mattick’s book Marx and Keynes.