This book explores a variety of interconnected themes central to contemporary Marxist theory and its further development as a critical social theory.Championing the critique of political economy as a critical theory of society and rejecting Marxian economics as a contradiction in terms, it argues instead that economic categories are perverted social categories, before identifying the sheer unrest of life - the struggle to make ends meet - as the negative content of the reified syst...

While Adorno has tended to be read as a critic of the administered world and the consumer industry rather than a Marxist, Adorno and Marx establishes Adorno's negative dialectics as fundamental for understanding Marx's critique of political economy. This conception of the critique of political economy as a critical theory marks both a radical departure from traditional Marxist scholarship and from traditional readings of Adorno's work and warns against identifying Adorno with Marx...

Since the financial crisis of 2008, ordoliberalism emerged from relative obscurity to become one of the crucial terms of analysis across a wide range of academic literatures and public discussion. In fact, it became the main reference for a number of issues, including assessments of the attempted resolution of the Eurozone crisis, arguments about German hegemony in Europe, debates over the future of economic liberalism and controversies about authoritarian liberalism. What is striking abou...

Subversive thought is none other than the cunning of reason when confronted with a social reality in which the poor and miserable are required to sustain the illusion of fictitious wealth. Yet, this subsidy is absolutely necessary in existing society, to prevent its implosion. The critique of political economy is a thoroughly subversive business. It rejects the appearance of economic reality as a natural thing, argues that economy has not independent existence, expounds economy as politica...

German ordoliberalism originated at the end of the Weimar Republic (1918-1933) in a context of hyper-inflation, depression, mass unemployment and social unrest. For ordoliberalism, a free economy is premised on a sound political, legal, social and moral framework to secure its cohesion. The role of the state is to ensure a liberal economic order.Ordoliberalism is a contested account of post-neoliberal political economy: some argue that it offers a more restrained and socially just ...

Against the background of growing uncertainty about the future development of capitalism, and in the face of war, terror and poverty, this book asks: What do we have to know to prevent misery? What can we do to achieve conditions of human dignity? And what must we hope for? The volume argues that all social life is essentially practical and explores the central most important value of human dignity. It discusses practical consequences in relation to the theory of revolution and contemporar...

The SAGE Handbook of Frankfurt School Critical Theory expounds the development of critical theory from its founding thinkers to its contemporary formulations in an interdisciplinary setting. It maps the terrain of a critical social theory, expounding its distinctive character vis-a-vis alternative theoretical perspectives, exploring its theoretical foundations and developments, conceptualising its subject matters both past and present, and signalling its possible future in a time of great ...

In How Will Capitalism End?, the acclaimed analyst of contempo�rary politics and economics Wolfgang Streeck argues that the world is on the cusp of enormous change. The marriage between democracy and capitalism, ill-suited partners brought together in the shadow of the Second World War, is unravelling. The regulatory institutions that once restrained the financial sector's excesses have collapsed, and there is no political agency capable of rolling back the liberalization of the m...

Critical Theory emerged in the 1920s from the work of the Frankfurt School, the circle of German-Jewish academics who sought to diagnose-and, if at all possible, cure-the ills of society, particularly fascism and capitalism. In this book, Stephen Eric Bronner provides sketches of leading representatives of the critical tradition (such as George Lukács and Ernst Bloch, Theodor Adorno and Walter Benjamin, Herbert Marcuse and Jurgen Habermas) as well as many of its seminal texts and empirical...

Donald Trump, Silvio Berlusconi, Marine Le Pen, Hugo Chávez—populists are on the rise across the globe. But what exactly is populism? Should everyone who criticizes Wall Street or Washington be called a populist? What precisely is the difference between right-wing and left-wing populism? Does populism bring government closer to the people or is it a threat to democracy? Who are "the people" anyway and who can speak in their name? These questions have never been more pressing.In thi...

The age of party democracy has passed, argues Peter Mair in Ruling the Void. The major parties have become so disconnected from society that they no longer seem capable of sustaining democracy in its present form.First published in 2013, Ruling the Void presciently observed that the widening gap between citizens and their political leaders posed a crisis of legitimacy for the governing class, and was fuelling populist mobilizations against it. Europe's political e...

No figure among the western Marxist theoreticians has loomed larger in the postwar period than Louis Althusser. A rebel against the Catholic tradition in which he was raised, Althusser studied philosophy and later joined both the faculty of the Ecole normal superieure and the French Communist Party in 1948. Viewed as a "structuralist Marxist," Althusser was as much admired for his independence of intellect as he was for his rigorous defense of Marx. The latter was best illustrated in F...