Marxist Economics

A Handbook of Definitions

Karl Marx's economic theories — just as his revolutionary doctrine as a whole — have been subject to relentless attack by capitalist economists and ideologists for over 150 years. Yet for those wanting to understand the modern world, Marxist political economy remains profoundly relevant. The fundamental tendencies, which Marx was the first to explain, continue to operate in modern capitalism despite all its undoubted changes. This handbook of basic definitions is designed as an aid for those embarking on a study of Marxist political economy.