Routledge Library Editions
2 total works
This volume sets forth as simply as possible the theoretical foundations which underlie the practical policies of democratic Socialism. This involves both a repudiation and a refutation of the assumptions of the older classical economists who believed in laissez-faire, and a careful differentiation of the economics of democratic Socialism from the neo-classical doctrines associated with the name of Maynard Keynes.
This book is largely based on What Marx Really Meant which was written by Cole and published in 1934. It is a revaluation of Marx’s essential ideas and methods in relation to contemporary social structures and developments and considers the bearing of Marx’s theories on the structure of social classes, which altered greatly since he formulated his account of them.