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Challenging Capitalism: Reading Michael Parenti on Marxism

Rev Left Radio

CHAPTER

Marxist Analysis of Capitalism and Predictions

This chapter explores Marxist analysis of capitalism, discussing topics such as business cycles, technological innovation, recession, exploitation of workers, and the rise of fascism. It delves into Marx's predictions on capitalism, including boom and bust cycles, proletarian revolution, and the growth of the working class globally. The chapter also examines the impact of capitalist states on popular struggles, successful revolutions in various countries, and the ongoing nature of popular struggle for marginalized groups.

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