East Asia in the Global Economy: Theoretical and Empirical Questions for Marxism
As Marxism and socialism pass through watershed years it is important to reflect on the abiding questions of Marxist theory and empirical analysis. This article takes up this task in the context of East Asia under the impetus of globalisation and neo-liberalism, introducing a collection of five articles collected in the special issue. The article shows that questions Marx posed about the global economy more than a century ago remain prescient and continue to animate cutting-edge research, as shown in the articles in this special issue.
Economics, Science and Capitalism
Various strains of heterodox economics have sought, and largely failed, to dismount orthodoxy from its dominant position. This book critiques the criticizers, explaining why heterodox economics challenges have faltered, and then presents a coherent alternative paradigm of its own. This simultaneously exposes the vacuousness of neoclassical economics, the limitations of heterodox critique and the subverting of Karl Marx’s revolutionary economic thought by his own disciples. The book draws in particular on two key intellectual traditions in making its arguments: critical realism and Marxism. From the refounding of critical realist philosophy of science in the hands of Roy Bhaskar, emphasis is…
Roy Bhaskar’s Critical Realism and the Social Science of Marxian Economics
This article supports claims that critical realism philosophy of science, as refounded in the hands of Roy Bhaskar, offers valuable knowledge enhancing insight into the advancement of Marx’s research program. However, it maintains that key principles set out by Bhaskar have not been adequately assimilated by those working with critical realism in the field of Marxist studies. When they are properly considered, they point to the necessity of reconstructing Marx’s corpus on a divergent basis from the conventional form it has assumed since the codification of “Marxism” by Karl Kautsky in the late nineteenth century as an overarching theory of history or historical materialism, wherein Marx’s e…