We are living in a historical interregnum, as Antonio Gramsci famously described it, where the old order of global capitalism and American global hegemony is dying, but the new cannot be born.
That’s the key premise of The State of Capitalism, an important new text of Marxist political economy by Costas Lapavistas and the EReNSEP Writing Collective. Ben Wray and Ranjan Balakumaran discuss the book in this Left Book Review.
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