"Marx in the Twenty-First Century"

"This is not to say that Marx thought that industrialization, mechanization, or globalization were bad things. He was no Luddite. His concern was the disconnect between profits and human need: Much like today's industrial regions, the slums of nineteenth-century Manchester that Marx observed were filled with workers who were exhausted, unhealthy, and miserable while the factory owners dined on beef bourguignon and claret in their mansions. The factories these days just happen to be in Shenzhen or Dhaka, not the other side of town. Unlike the British machine wreckers of a generation before, Marx saw no way to stuff the technological genie back into the bottle. New tools must be utilized for the greatest good: Instead of getting rid of the factories, the public should take ownership of them."

Max Holleran at The New Republic reviews David Harvey's The Story of Capital: What Everyone Should Know About How Capital Works.