Economics professor and social democrat John Quiggin has written 3 thought provoking posts on Marxism. He is not a Marxist, but finds excellence in some Marxist ideas, though violent revolution not being one of them, at least in forseeable future.
Here are the links to the posts and comments within Crooked Timber, one of my favorite blog sites, featuring a number of leftish Australian professors.
http://crookedtimber.org/2011/06/19/marxism-without-revolution-class/
http://crookedtimber.org/2011/06/25/marxism-without-revolution-crisis/
http://crookedtimber.org/2011/07/01/marxism-without-revolution-capital/
He opens up another thread for discussion of revolution here:
http://crookedtimber.org/2011/06/19/you-say-you-want-a-revolution/#more-20641
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