The Center for the Core Curriculum relaunches its Course-wide Lecture Series –

In the last four decades or so, capitalism has entered a period of ‘globalization’ and is frequently described as ’neo-liberalism’. What are the central features of capitalism in this latest phase? How is it different from previous periods? The literary theorist, Frederic Jameson recently said ‘it is easier to imagine the end of the world than it is to imagine the end of capitalism’. Does that make Marx irrelevant for our time? Or can we re-envision Marx’s analysis of capital for the present neo-liberal era?

These are the questions that Professor Prabhat Patnaik will address in his lecture entitled “Re-envisioning Marx in a Global Era”.

Prabhat Patnaik is one of India’s most eminent economists. He has a PhD from Oxford University where he was a Rhodes Scholar from India. He was on the faculty of Cambridge University for some years before he returned to become the Sukhamoy Chakravarti Professor of Economics at Jawaharlal Nehru University in New Delhi, from which he retired in 2010. He is the author of several books, including Accumulation and Stability under Capitalism, Time, Inflation and Growth, Macroeconomics, Economics and Egalitarianism, The Value of Money, and most recently, A Theory of Imperialism (Columbia University Press). He is the recipient of many honors and awards and has an honorary degree from the School of Oriental and African Studies (SOAS), University of London.