Twenty-first-century capital

<p>How would Marx have understood twenty-first-century capitalism? For Buzgalin and Kolganov the answer lies in a theoretical investigation of how and why the fundamental elements of capitalism- commodities money and capital - have changed since the publication of Marx's <i>Capital </i>more than 150 years ago.<br><br> Introducing the concepts of social creativity markets for simulacra and virtual fictitious capital - Buzgalin and Kolganov offer a recovery and development of Marx's understanding of social transformations.<i> Twenty-first century capitalism</i> not only demonstrates Marxism's relevance to the core economic questions of our time and its superiority over neoclassical economics but it leads English-language readers into the 'undiscovered country' of Soviet and post-Soviet critical Marxism. <br><br> How might modern Marxism respond to the contemporary challenges of the commodification of knowledge and information? And can it arrive at something resembling a <i>Capital</i> for the twenty-first century? This accessible and comprehensive account is essential reading for those wanting to understand the problems of the modern economy.</p>