It is interesting that though Marxism was born in Europe, it has found its most enduring habitat in the Global South, but this has meant very little in terms of its overall theoretical formation and structure. Thinking about this encounter of ‘Marxism’ and the ‘Global South’ – the continents of Africa, Asia and Latin America – is a daunting task for the sheer range of experiences and questions it has thrown up. It has thrown up fundamentally new concerns as well as produced, in practice, some of the most grotesque outcomes. But the task is also daunting because despite the range of experiences that Marxism has gone through and has put us through, it has not so far given us any serious body of theoretical knowledge that reflects this experience. It has not given us anything like the way, say, Tibetan, Chinese, Japanese and Sinhala Buddhism have produced their own versions of Buddhist philosophy. One could also perhaps say the same thing about Christianity in Europe, where – at least up to a point – its philosophy was elaborated and innovated or transformed by the best minds of their time.