Abstract: This article is a critical review of Terry Eagleton’s latest publication, Why Marx Was Right (2011). Eagleton, one of the more celebrated Marxist literary critics in academia, presents his readers with a manifesto of Marxian individualism for the budding theoreticians of market socialism. This book represents Eagleton’s latest sally from the cloisters of stuffy English departments into the realms of economic theory. I cover many of the book’s most important talking points, debate his primary theses with ample counterpoints, and probe Eagleton’s vision of the socialist future from an Austrian angle to see where the author succeeds and falls short of his mark.
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