
The ideas of Marx have never been more relevant than they
are today. This is reflected in the thirst for Marxist theory at the present
time. In this article, Alan Woods deals with the main ideas of Karl Marx and
their relevance to the crisis we're passing through today.
It is 130 years since the death of Karl Marx. But why should
we commemorate a man who died in 1883? In the early 1960s the then Labour Prime
Minister Harold Wilson declared that we must not look for solutions in Highgate
cemetery. And who can disagree with that? In the aforementioned cemetery one
can only find old bones and dust and a rather ugly stone monument. However, when we speak of the relevance of Karl Marx today
we refer not to cemeteries but to ideas—ideas that have withstood the test of
time and have now emerged triumphant, as even some of the enemies of Marxism
have been reluctantly forced to accept. The economic collapse of 2008 showed
who was outdated, and it was certainly not Karl Marx. For decades the economists never tired of repeating that
Marx’s predictions of an economic downturn were totally outdated. They were
supposed to be ideas of the 19th century, and those who defended them were
dismissed...