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Our introduction is written in three parts. In the first section, we provide an overview of how late twentieth-century Marxist theory understood the development of bourgeoning non-class-based social movements, and grappled with the problem of a capitalism that was simultaneously expanding its reach and declining in profitability. In the second section, we turn to the state of literary study after the 2008 financial crisis. We argue that the aftermath of the economic downturn has altered the coordinates for both the multiculturalism of late twentieth-century literary study, and the forms of Marxist literary criticism that subsisted alongside it. We argue that this situation demands a reading of Marx that goes beyond critiques of commodity fetishism and false consciousness, drawn from the first chapter of Capital, Volume 1, to embrace the whole arc of Marx’s argument in that work. In the final section, we preview the essays collected in the volume.
After Marx:Literature, Theory and Value demonstrates the importance of Marxist literary and cultural criticism for an era of intersectional politics and economic decline. The volume includes fresh approaches to reading poetry, fiction, film and drama, from Shakespeare to contemporary literature, and shows how Marxist literary criticism improves our understanding of racial capitalism, feminist politics, colonialism, deindustrialization, high-tech labor, ecological crisis, and other issues. A key innovation of the volume's essays is how they attend to Marx's theory of value. For Marx, capitalist value demands a range of different kinds of labor as well as unemployment. This book shows the importance of Marxist approaches to literature that reach beyond simply demonstrating the revolutionary potential or the political consciousness of a 19th-century-style industrial working class. After Marx makes an argument for the twenty-first century interconnectedness of widely different literary genres, and far-flung political struggles.
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