This series is set to become the lodestone for critical Marxist and related Left scholarship on the raft of apocalyptic tendencies enveloping the global economy and society. Its working premise is that neoliberal policies from the 1980s not only failed to rejuvenate capitalist prosperity lost with the demise of the post-Second World War 'golden age' economy but in fact have generated a widening spectrum of pathologies that threaten humanity itself. At the most fundamental level the series cultivates state of the art critical political economic analysis of the crises, recessionary, deflationary and austerity conditions that have beset the world economy since the global meltdown of 2008-2009. However, though centered on work that critically explores global propensities for devastating financial convulsions, ever-widening inequalities and economic marginalisation due to information technologies, robotised production and low wage outsourcing, it seeks to draw on exacerbating factors such as climate change and global environmental despoliation, corrupted food systems and land-grabbing, rampant militarism, cyber crime and terrorism, all together which defy mainstream economics and conventional political policy solutions.For critical Marxist and related Left scholars the series offers a nonsectarian outlet for academic work that is hard-hitting, inter/transdisciplinary and multiperspectival. Its readership draws in academics, researchers, students, progressive governmental and non-governmental actors and the academically-informed public.
This article supports claims that critical realism philosophy of science, as refounded in the hands of Roy Bhaskar, offers valuable knowledge enhancing insight into the advancement of Marx’s research program. However, it maintains that key principles set out by Bhaskar have not been adequately assimilated by those working with critical realism in the field of Marxist studies. When they are properly considered, they point to the necessity of reconstructing Marx’s corpus on a divergent basis from the conventional form it has assumed since the codification of “Marxism” by Karl Kautsky in the late nineteenth century as an overarching theory of history or historical materialism, wherein Marx’s economic studies in Capital are portrayed as but a subtheory. The article summarily breaks down three cardinal scientific principles elaborated by Bhaskar, which carry the most vital implications for Marxism. These are the bringing of ontology “back in” to theory construction, the robust case made for social science as a capital-S science, and the specification of retroduction as strategy for scientific discovery. It then explores the principles with regard to three abiding and interrelated questions of the Marxist research program: first is the very condition of intelligibility of economic theory; second is the question of the raison d’être for the dialectical architecture of Capital; third is the social scientific implications of the cognitive sequence in Marxism. In this endeavor the article introduces work in the Uno-Sekine tradition of Japanese Marxism. It shows how Uno’s reconstruction of Marxism is closely supported by Bhaskar’s fundamental criteria for science in a way that serves to strengthen Marx’s own scientific claims for his work. JEL Classification: B51, B400
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