The reconsideration of Marxist theory that we have surveyed so far has not itself been generated in a vacuum, but is rather the product of Marxist theory’s response to the changing conditions of world capitalism. Thus, while the various schools of thought may have found it necessary to confront abstract theoretical issues, the ultimate objective has been for this work to shed light on the workings of modern capitalism. As a result interest has focused on the increasing economic role played by the state and the relationship of this to the international expansion of capital.
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