[Marxism] Review: The ABCs of Capitalism

Louis Proyect lnp3 at panix.com
Fri Apr 26 17:42:10 MDT 2019

Vivek Chibber’s “The ABCs of Capitalism”, released through Jacobin, 
offers an analysis from a “class first”, or, less generously, “class 
only” perspective. The reality is that the working class is composed 
primarily of people who experience material oppression related to their 
identities and Chibber falls short even of his own class-first dictum 
because he neglects this fact. This, in addition to his decision to not 
fully critique power structures as a whole, leads to an incomplete 
vision of a socialist future. He makes the case for strong social 
democracy rather than a case for revolutionary change in which the 
working-class democratically controls all social, political and economic 
aspects of life.


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