PRAGOTI

This is the text of the Safdar Hashmi Memorial Lecture (organised by Jana Natya Manch) delivered by eminent Marxist economist Prof. Prabhat Patnaik, on 8th November 2008 in New Delhi. In this lecture Prof. Patnaik argues that Marxist theory should not be viewed as a closed isolationist knowledge system. On the contrary, It is important for Marxist theory, especially today, to break out of isolationism, to engage vigorously with the world of ideas in general, and thereby to enrich itself to cope with the unfolding reality of the world capitalist crisis.