The current social and economic crisis has sharpened the perception that Marx’s analysis of capitalism still provides essential knowledge and critical tools for emancipatory projects. However, as I argue in this paper, it is necessary to situate and rearticulate this analysis in order to avoid reductionist interpretations of social phenomena and nostalgic projections of lost ideals in emancipatory visions. Critical discussions of ›left melancholy‹ (Dubiel; Brown) point to the importance of mourning the loss of cherished certainties and of engaging in a stance of self-criticism that questions our ›wounded attachments‹ (Brown) to the very structures and power relations we intend to question and resist.
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