Haymarket Books
Books for changing the world
Beyond Liberal Egalitarianism
Marx and Normative Social Theory in the Twenty-First Century

An original and convincing political and philosophical argument that capitalism—even when highly regulated—will always breed massive inequality

Progressive theorists and activists insist that contemporary capitalism is deeply flawed from a normative point of view. However, most accept the liberal egalitarian thesis that the serious shortcomings of market societies (financial excess, inequality, and so on) could be overcome with proper political regulation. Building on Marx's legacy, Tony Smith argues in Beyond Liberal Egalitarianism that advocates of this thesis (Rawls, Habermas, Stiglitz, et al.) lack an adequate concept of capital and the state. These theorists also fail to comprehend new developments in world history ensuring that the 'destructive' aspects of capitalism increasingly outweigh whatever 'creative' elements it might continue to possess. Smith concludes that a normative social theory adequate to the twenty-first century must explicitly and unequivocally embrace socialism.

Other books by Tony Smith

  • Marx's Capital and Hegel's Logic

    Edited by Fred Moseley and Tony Smith
    Marxist economists and philosophers debate the impact of Hegel on Marx, and the insights gained by reading Hegel through Marx.
  • Globalization

    A systemic account of capitalist globalization, and an elaboration of a socialist alternative.