The Structural Crisis of Capital

In this collection of trenchant essays and interviews, István Mészáros, the world’s preeminent Marxist philosopher and winner of the Libertador Award for Critical Thought (the Bolivar Prize) for 2008, lays bare the exploitative structure of modern capitalism. He argues with great power that the world’s economies are on a social and ecological precipice, and unless decisive radical action is taken soon to totally transform our economic system—from one based upon the blind pursuit of profit to one controlled by the workers themselves to not just satisfy our basic needs but to help each of us to develop our full potential as human beings—we will find ourselves thrust headfirst into barbarism and environmental catastrophe.

Mészáros, however, is no pessimist. He believes that the multiple crises of world capitalism will encourage the working class to demand center stage in the construction of a new system of production and distribution designed to meet human needs rather than serve the relentless pursuit of profit—a struggle which is already underway in places such as Venezuela. As John Bellamy Foster says in the foreword to this indispensable book, “Today the structural crisis of capital provides the historical setting for a new revolutionary movement for social emancipation in which developments normally taking centuries would flit by like phantoms in decades or even years. But the force for such necessary, vital change remains with the people themselves, and rests on humanity’s willingness to constitute itself as both subject and object of history, through the collective struggle to create a just and sustainable world. This, Mészáros insists, constitutes the unprecedented challenge and burden of our historical time.”

István Mészáros left his native Hungary after the Soviet invasion of 1956. He is professor emeritus at the University of Sussex, where he held the Chair of Philosophy for fifteen years. Mészáros is author of The Challenge and Burden of Historical Time, Beyond Capital, The Power of Ideology, The Work of Sartre, and Marx’s Theory of Alienation.