The 2008 financial crisis has come to be known as the Great Crisis. Just when the world thought that, with the Fall of the Berlin Wall, Marxism would die and be buried, the Great Crisis of the first decade of the 21st century, has triggered a renewed interest in Marxism. This book looks at Marx’s seminal work – Capital, A Critique of Political Economy – from an energy perspective. By combining the thoughts of this great thinker with those of scholars on energy, both past and present, this book serves to enhance the scientific thought of Marx, by using energy as a conceptual and analytical tool. With the capitalist economy taking repeated beatings since 2008, mainstream economic science is also under critical scrutiny for the unpredictable manner in which it has thus far analysed the global capitalist system. The invisible hand and self-interest theses of Adam Smith and his adherents are proving to be unworthy of their 250 year ideological grip on mankind and the natural environment. The 500 year-old capitalist system itself is showing signs of wear and tear, and so are its sciences that have thus far attempted to analyse it, if not uphold it. With the growing acknowledgement of energy as a central entity in all of aspects of life, disciplines such as economics are giving rise to interdisciplinary sciences such as econophysics; and sociology may see a revival of its founding discipline – sociophysics. All disciplines, it seems, will have to incorporate energy as a field of study in their curricula. Marx’s thoughts in Capital are an amalgamation of science, philosophy, history, sociology, political economy, and anthropology, among others. Capital: An Energy Perspective provides a fresh look at the physical workings of the capitalist economy – by using Marx’s Capital as a framework of interpretation and analysis.
Capitalism and COVID-19: Time to Make a Democratic New World Order proposes the deepening of democracy in a post-capitalist world. It suggests that humans should be placed back in nature and nature back in humans and argues for a global environmental movement. The book maintains that the free market should serve people and planet - instead of people and planet serving the free market. It motivates for enabling the state in leading the transition to a post-capitalist world. A post-capitalist society should ensure planetary and peoples' well-being together with economic well-being. Economic science in its current ideological form should be revisited. Exiting capitalism requires the unity of workers of all countries. Capitalism and COVID-19: Time to Make a Democratic New World Order calls for reimagining and recreating the best of all possible worlds for present and future generations. In the final analysis Noel Chellan predicts and maintains that capitalism too shall pass!
The 2008 financial crisis has come to be known as the Great Crisis. Just when the world thought that, with the Fall of the Berlin Wall, Marxism would die and be buried, the Great Crisis of the first decade of the 21st century, has triggered a renewed interest in Marxism. This book looks at Marx’s seminal work – Capital, A Critique of Political Economy – from an energy perspective. By combining the thoughts of this great thinker with those of scholars on energy, both past and present, this book serves to enhance the scientific thought of Marx, by using energy as a conceptual and analytical tool. With the capitalist economy taking repeated beatings since 2008, mainstream economic science is also under critical scrutiny for the unpredictable manner in which it has thus far analysed the global capitalist system. The invisible hand and self-interest theses of Adam Smith and his adherents are proving to be unworthy of their 250 year ideological grip on mankind and the natural environment. The 500 year-old capitalist system itself is showing signs of wear and tear, and so are its sciences that have thus far attempted to analyse it, if not uphold it. With the growing acknowledgement of energy as a central entity in all of aspects of life, disciplines such as economics are giving rise to interdisciplinary sciences such as econophysics; and sociology may see a revival of its founding discipline – sociophysics. All disciplines, it seems, will have to incorporate energy as a field of study in their curricula. Marx’s thoughts in Capital are an amalgamation of science, philosophy, history, sociology, political economy, and anthropology, among others. Capital: An Energy Perspective provides a fresh look at the physical workings of the capitalist economy – by using Marx’s Capital as a framework of interpretation and analysis.
In F/Ailing Capitalism and the Challenge of COVID-19, Noel Chellan argues that citizens needlessly died in capitalist countries. He contends that COVID-19 has exposed the harsh workings of capitalism, contrary to the ideologies upheld by mainstream economists. Some of the questions he asks are: Why were Chinese lives more important than American lives? Why were Vietnamese lives more important than British lives? Why were Cuban lives more important than South African lives? Why was the value of the grandparent that died in the US lower than the value of the grandparent that was saved in China? Why was the value of the healthcare worker that died in the UK lower than the value of the healthcare worker that was saved in China?
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