Abstract

Between the fall of the Soviet Union and the fall of Lehman Brothers, if the Anglophone academy could be said to have arrived at any consensus about the value of Marxist theory, it would be that Marxism was a quaint historical curio at best and a world-historically hubristic folly at worst. Today, however, well on our way through the first quarter of the twenty-first century, we live in a moment of greatly renewed interest in Marxist ideas. This curiosity is stoked by, among other factors, the worldwide economic shocks of 2008 and, in more recent times, by impending climate catastrophe, incipient fascisticization, and the still-ongoing global COVID-19 pandemic. Any of these on its own would stand out as a rebuke to the neoliberal triumphalism of the 1990s, famously crystallized in Francis Fukayama's assertion that humanity had arrived at "the end of history," there to find permanently expanding capitalist prosperity. Taken together, they present at least strong prima facie evidence for what Karl Marx identified as the inherently and ineluctably crisis-ridden nature of capital and, therefore, good reason to encounter his writings anew.