Over the last twenty-five years, Stephen Resnick and Richard Wolff have developed a groundbreaking interpretation of Marxian theory generally and of Marxian economics in particular. This book brings together their key contributions and underscores their different interpretations. In facing and trying to resolve contradictions and lapses within Marxism, the authors have confronted the basic incompatibilities among the dominant modern versions of Marxian theory, and the fact that Marxism seemed cut off from the criticisms of determinist modes of thought offered by post-structuralism and post-modernism and even by some of Marxism's greatest theorists.

"The writings of Karl Marx (1818-1883) have left an indelible mark not only on the understanding of economics and political thought but the very lives of millions of people, for better or worse, in the twentieth century and beyond. Trained as a philosopher and steeped in the thought of Hegel and German idealism, Marx turned away from philosophy in his mid-twenties towards politics, economics and history. Yet it is arguably Marx the philosopher that endures and to which this outstanding introduction is devoted. Jaime Edwards and Brian Leiter begin with an overview of Marx's life and intellectual development, including his early years as a journalist in Germany before his exile in London. They then introduce and assess the fundamental elements of Marx's though: Marx's theory of history and the ideas and arguments of historical materialism class conflict, the state and the Communist revolution Marx's theory of economics, especially the labour theory of value, and his prediction of the collapse of capitalism the nature and role of ideology in Marx's thought Marx's theory of human nature and the good life, including his arguments concerning alienation Marx's legacy and influence, including Western Marxism and the birth of The Frankfurt School. Including annotated further reading suggestions at the end of each chapter and a glossary of technical terms, this is an indispensable introduction to Marx's philosophical thought. It will also be extremely useful to those in related disciplines such as politics, sociology, history and political economy"--