Text and Practice: A Contemporary Interpretation of Marx's Theory of Capitalism

In virtue of high technology, the contemporary capitalism has promoted the rapid development of productivity and realized the economy in developed capitalist countries, which is characterized by high growth, low inflation and low unemployment rate. The viability of capitalism after crisis has constantly questioned the effectiveness of Marxism. However, whatever new conditions that Marx has not anticipated appear in capitalist countries, Marx's description of the nature and law of capitalism remains correct up to today.