Peter Watson has produced a fluent and engaging narrative of the intellectual tradition of the twentieth century, and the men and women who created it.

    Like Robert Heilbroner's The Worldly Philosophers, it attempts to explain the core ideas of the great economists, beginning with Adam Smith and ending with Joseph Schumpeter. In between are chapters on Thomas Malthus, David Ricardo, Karl Marx, the marginalists, John Maynard Keynes, Friedrich Hayek and Thorstein Veblen. The title expresses Duncan Foley's belief that economics at its most abstract and interesting level is a speculative philosophical discourse, not a deductive or inductive science. Adam's fallacy is the attempt to separate the economic sphere of life, in which the pursuit of self-interest is led by the invisible hand of the market to a socially beneficial outcome, from the rest of social life, in which the pursuit of self-interest is morally problematic and has to be weighed against other ends.

    He calls into question many of the presuppositions of traditional Marxist analyses and offers new interpretations of Marx's central arguments. These interpretations lead him to a very different analysis of the nature and problems of capitalism and provide the basis for a critique of "actually existing socialism." According to this new interpretation, Marx identifies the central core of the capitalist system with an impersonal form of social domination generated by labor itself and not simply with market mechanisms and private property. Proletarian labor and the industrial production process are characterized as expressions of domination rather than as means of human emancipation. This reformulation relates the form of economic growth and the structure of social labor in modern society to the alienation and domination at the heart of capitalism. It provides the foundation for a critical social theory that is more adequate to late twentieth-century capitalism.

    Colin Crouch argues in this book that it will shrug off this challenge. The reason is that while neo-liberalism seems to be about free markets, in practice it is concerned with the dominance over public life of the giant corporation. This has been intensified, not checked, by the recent financial crisis and acceptance that certain financial corporations are 'too big to fail'. Although much political debate remains preoccupied with conflicts between the market and the state, the impact of the corporation on both these is today far more important.Several factors have brought us to this situation: Most obviously, the lobbying power of firms whose donations are of growing importance to cash-hungry politicians and parties;The weakening of competitive forces by firms large enough to shape and dominate their markets;The power over public policy exercised by corporations enjoying special relationships with government as they contract to deliver public services;The moral initiative that is grasped by enterprises that devise their own agendas of corporate social responsibility.Both democratic politics and the free market are weakened by these processes, but they are largely inevitable and not always malign. Hope for the future, therefore, cannot lie in suppressing them in order to attain either an economy of pure markets or a socialist society. Rather it lies in dragging the giant corporation fully into political controversy. Here a key role is played by the small, cash-strapped campaigning groups who, with precious little help from established parties, seek to achieve corporate social accountability.

    Demonstrating that capitalist control of the state was so comprehensive that partial reforms were impossible, this reference attempts to explain how society has managed to evade socialism, exploring how its claims have failed to persuade many intellectuals and the potential benefactors of an alternative order. Reviewing the influence of economic elites and the dominant class, this study also probes the states claims to legitimacy, defines the purpose and role of governments, and analyzes the concepts of reform and repression. Depicting how the state reemerged from behind the mystifications of the political system and its behavior to become the central theme of political studies, this radical and philosophical investigation combines a political appeal with thorough, detailed scholarship. A discussion of servants of the state and the concept of imperfect competition are also included.

    Francis Fukuyama's prescient analysis of religious fundamentalism, politics, scientific progress, ethical codes, and war is as essential for a world fighting fundamentalist terrorists as it was for the end of the Cold War. Now updated with a new afterword, The End of History and the Last Man is a modern classic.

    Addressing the history of critical theory from the contemporary vantage-point characterized by postmodernism, post-Marxism and critiques of Eurocentrism, Therborn probes how the recent theoretical currents—including those of Slavoj Žižek, Antonio Negri, and Alain Badiou—have coped with the changed intellectual as well as political and economic contexts. In the light of these discussions, Therborn then proceeds to a global investigation of the parameters of twenty-first century politics. This will become the essential appraisal of Marxism in the modern age.

    Taking ten of the most common objections to Marxism—that it leads to political tyranny, that it reduces everything to the economic, that it is a form of historical determinism, and so on—he demonstrates in each case what a woeful travesty of Marx's own thought these assumptions are. In a world in which capitalism has been shaken to its roots by some major crises, Why Marx Was Right is as urgent and timely as it is brave and candid. Written with Eagleton's familiar wit, humor, and clarity, it will attract an audience far beyond the confines of academia.

    In Critique of Economic Reason, he offers his fullest account to date of the terminal crisis of a system where every activity and aspiration has been subjected to the rule of the market. By carefully delineating the existential and cultural limits of economic rationality, he emphasizes the urgent need to create a society which rejects the work ethic in favor of an emancipatory ethic of free time.At the heart of his alternative is an advocacy not of “full employment,” but of an equal distribution of the diminishing amount of necessary paid work. He presents a practical strategy for reducing the working week, and develops a radical version of a guaranteed wage for all. Above all, he argues that a utopian vision is now the only realistic proposal, and that “economic reason must be returned to its true—that is subordinate—place.”

    Written by an author of great repute. The history of the 20th century is Marx's legacy. Not since Jesus Christ has an obscure pauper inspired such global devotion – or been so calamitously misinterpreted. The end of the century is a good moment to strip away the mythology and try to rediscover Marx the man. There have been many thousands of books on Marxism, but almost all are written by academics and zealots for whom it is a near blaspemy to treat him as a figure of flesh and blood.In the past few years there have been excellent and successful biographies of many eminent Victorians and yet the most influential of them has remained untouched. In this book Francis Wheen, for the first time, presens Marx the man in all his brilliance and frailty – as a poverty-stricken Prussian emigre who became a middle-class English gentleman; as an angry agitator who spent much of his adult life in scholarly silence in the British Museum Reading Room; as a gregarious and convivial host who fell out with almost all his friends; as a devoted family man who impregnated his housemaid; as a deeply earnest philosopher who loved drink, cigars and jokes.

    It is also a school of thought popular because of its rejection of the supposedly universalizing categories of the Enlightenment. In this devastating critique, mounted on behalf of the radical Enlightenment tradition, Vivek Chibber offers the most comprehensive response yet to postcolonial theory. Focusing on the hugely popular Subaltern Studies project, Chibber shows that its foundational arguments are based on a series of analytical and historical misapprehensions. He demonstrates that it is possible to affirm a universalizing theory without succumbing to Eurocentrism or reductionism.Postcolonial Theory and the Specter of Capital promises to be a historical milestone in contemporary social theory.

    In it, Michael Mann identifies the four principal 'sources' of power as being control over economic, ideological, military, and political resources. He examines the interrelations between these in a narrative history of power from Neolithic times, through ancient Near Eastern civilisations, the classical Mediterranean age, and medieval Europe, up to just before the Industrial Revolution in England. Rejecting the conventional monolithic concept of a 'society', Dr. Mann's model is instead one of a series of overlapping, intersecting power networks. He makes this model operational by focusing on the logistics of power - how the flow of information, manpower, and goods is controlled over social and geographical space-thereby clarifying many of the 'great debates' in sociological theory. The present volume offers explanations of the emergence of the state and social stratification.

    Yet today we see those ideas abandoned and scorned in places where they once went unchallenged, including Washington, D.C.We often mistake these principles for universal liberal values: free elections, equality for women, jury trials, the accountability of the executive to the legislature. It is easy to lose sight of the fact that all these things, in their modern form, are products of a very specific English-speaking civilization. There was nothing inevitable about their triumph. They could easily have been snuffed out in the 1940s. They would not be ascendant if the Cold War had ended differently.When we speak of "the West" in a geopolitical sense, we really mean the alliance of free English-speaking democracies. It is they, not France or Germany or Italy or Spain, who have disseminated and preserved liberty. If we lose them, humanity itself will be the poorer. Inventing Freedom is an analysis of why the extraordinary idea that the state was the servant, and not the ruler, of the individual evolved in the English-speaking world. It is a chronicle of the success of Anglosphere exceptionalism, offered at a time that may turn out to be the end of the age of political freedom.

    He names this system Economic Democracy, a successor-system to capitalism which preserves the efficiency strengths of a market economy while extending democracy to the workplace and to the structures of investment finance. Drawing on both theoretical and empirical research, Schweickart shows how and why this model is efficient, dynamic, and superior to capitalism along a range of values."

    With the end of the Cold War and the emergence of a new world order, this provocative manifesto is more relevant than ever.