Marx's conceit was to presume that the theory of historical materialism explained history; but, at worst, it merely rearranged history. And at its best (for it must be acknowledged that there are some precious insights in Marxism), historical materialism still only encapsulated an analytical procedure which resonated with bourgeois Europe, merely one fraction of the world economy.

Cedric J. Robinson, Black Marxism_ The Making o…, loc. 110