About
the Book
Capitalism
has been hugely transformed in the 150 years since
the publication of the first German edition of Capital,
especially with the rise to dominance of finance and
the overwhelming presence of financial wealth. The
essays in this book, originally delivered as four
public lectures, revisit Karl Marx's Capital today,
to use his characterization of the essential features
of capitalism and his analysis of its laws of motion
as a point of departure to understand the nature of
contemporary capitalism and its dynamic. They also
examine the factors determining the recurrence of
severe crises that afflict capitalism today, and discuss
the reasons that may explain the resilience of the
system despite those disruptions.
About the Author
C.P. Chandrasekhar is a Professor at the Centre for
Economic Studies and Planning, Jawaharlal Nehru University,
New Delhi. He has published widely in academic journals,
and is the co-author of several books, including The
Market that Failed: Neo-Liberal Economic Reforms in
India and Demonetisation Decoded: A Critique of India’s
Currency Experiment. He is a regular columnist for
Frontline and Business Line.
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