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Before his death in 1997, leading Marxist theoretician Geoff Pilling was preparing a collection that brought together some of his most important articles, along with some previously unpublished material. Work on the volume has now been completed by Doria Pilling, and it includes a new introduction by Ben Fine.

This is a timely publication, as Pilling "s analyses were remarkably prescient of the situation that the world "s economy finds itself in today. In particular, he analyses the crises of post-war capitalism, providing a state of the art analysis of the deep-seated and fundamental problems of the capitalist system. Chapters include an explanation of the fundamental concepts of Marx "s analysis of capitalism, their irreconcilability with Keynes " theoretical system and refute the contention that all Marxist theoretical development post-Marx was distorted by Stalinism. Pilling also shows how problems in British capitalism were forerunners of those in world capitalism, and defends Engels " contention that the greatest significance of the industrial revolution was the development of a working class that was forced to fight against its conditions of oppression.