Michael D. Yates, in chapter 5 of his recently released book - Can the Working Class Change the World?- conducts an important task of assessing the power of capital. Below is a review of that chapter.
The working class, if it decides to win in class struggle, has to assess the power of capital. Without this assessment, the struggles the working class carries on against capital turn to adventurism or capitulation or puerile disorder. Consequently, the struggle lurches in a political wilderness, or, resorts to individual heroism, formulating programmes that reach the level of utopia, produce something called misspent energy, and discard the essential work of political education, organisation and planning.
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