The failure of state socialism in Eastern Europe and the Soviet Union has not dissuaded those who wish to keep Marx alive from pushing workers' self-management as a feasible enterprise in a free market system.Prychitko's volume does more than simply interpret the meaning of Marxism.
Meant for a one-semester survey course in general economics, this book develops the basic principles of micro and macroeconomic analysis, and employs them as tools rather than ends. It introduces a method of reasoning to think like an economist through example and application. It presents the errors in much popular reasoning about economic events.