Download A History of Marxian Economics, Volume 2: 1929-1990 by M. C. Howard, John E. King PDF

By M. C. Howard, John E. King

Follows on from the 1st quantity which handled the interval from the dying of Marx in 1883 to 1929. From 1930 onmwards the emphasis for theoretical research started to shift westwards, in order that within the post-war period the heartland of Marxian political economic climate lay in Western Europe and North the USA. New difficulties additionally arose during this interval, and parts of Marx's economics which had past obtained scant realization have been elavated to larger prominance. additionally after 1929 theoretical advancements in Marxian economics grew to become indifferent from winning progressive perform. 1929 used to be a 12 months of substantial promise for Marxism. within the East, Stalin secured the seizure of strength in 1917 via wearing via a "revolution from above" which created a brand new mode of construction, quickly sped up financial improvement, and gave start to a brand new orthodoxy. within the West, the onset of the nice melancholy promised the industrial cave in of capitalism and the finishing of Soviet isolation. "A background of Marxian Economics quantity 2, 1929-1990" takes an summary of Marxian economics, outlining the main major concepts, the incorporation of Keynesian concept into Marxism, in addition to tackling the hot theories of Imperialism and finishing with an research of present controversies in economics and their hyperlinks to a Marxist idea.

Show description

Read Online or Download A History of Marxian Economics, Volume 2: 1929-1990 (Radical Economics Series) PDF

Similar marxism books

Marx, Lenin, and the Revolutionary Experience: Studies of Communism and Radicalism in an Age of Globalization

Marx, Lenin, and the innovative adventure bargains a clean examine Communism, either the undesirable and reliable, and in addition touches on anarchism, Christian thought, conservatism, liberalism, Marxism, and extra, to argue for the iconic relevance of Karl Marx, and V. I. Lenin as democratic revolutionaries. It examines the "Red Decade" of the Thirties and the civil rights stream and the recent Left of the Sixties within the usa to boot.

Capital, Exploitation and Economic Crisis (Routledge Frontiers of Political Economy, Volume 143)

In 2008 the capitalist international was once swept by way of the severest hindrance because the nice melancholy of the Nineteen Thirties. Mainstream economics neither expected nor may well account for this disastrous monetary main issue, which required titanic kingdom intervention through the capitalist global. Karl Marx did count on this sort of monetary cave in, arguing that it was once spinoff from the ‘fetishism of commodities’ inherent within the capitalist mode of creation. This e-book substantiates the foregoing declare through a trip from Marx’s research of commodities to the capitalist hindrance of the twenty-first century.

The booklet demonstrates that Marx's framework (1) demonstrates that capitalism is yet one historic type of classification society between many; (2) explains the transition from pre-capitalist to capitalist society; (3) unearths the concrete operation of a capitalist economic system; and (4) indicates why others might clarify the capitalist financial system in substitute theoretical frameworks. The principal aspect in his framework from which all else derives is ‘the conception of value’. This booklet isn't really an workout within the historical past of concept. it really is an try to study the character of up to date capitalist society. whereas Marx’s research of capitalism has implications for political motion, those don't need to lead one to include revolution in preference to reform, notwithstanding it will probably and has supplied the analytical beginning for either. Marx’s research of capitalism is a coherent complete, and significant insights can't be bought by way of extracting components from it.

Weeks starts off out by way of taking a look at the character of capitalism and an research move, funds and credits spread from the speculation of worth. the character and inherent necessity of festival are verified in bankruptcy 8. A end result of festival, expressed within the move of capital, is technical switch, the contradictory influence of that's defined in bankruptcy 9. this can be introduced including the opposite components of price concept (money, credits and festival) in bankruptcy ten, the place monetary crises are taken care of intimately. the ultimate bankruptcy applies the speculation of problem to the extraordinary monetary disturbances of the 2000s.

This booklet might be of curiosity to scholars and researchers of economics, politics and sociology.

How to Change the World: Reflections on Marx and Marxism

Within the a hundred and forty four years in view that Karl Marx's Das Kapital was once released, the doctrine that bears his identify has been embraced through hundreds of thousands within the identify of equality, and simply as dramatically has fallen from grace with the retreat of communism from the western global. yet because the loose marketplace reaches its severe limits within the monetary and environmental fallout, a reassessment of capitalism's such a lot lively and eloquent enemy hasn't ever been extra well timed.

The Anomie of the Earth: Philosophy, Politics, and Autonomy in Europe and the Americas

The members to The Anomie of the Earth discover the convergences and resonances among Autonomist Marxism and decolonial pondering. In discussing and rejecting Carl Schmitt's formula of the nomos—a conceptualization of worldwide order according to the Western tenets of legislations and property—the authors query the belief of common political topics and glance in the direction of politics of the commons divorced from eu notions of sovereignty.

Extra resources for A History of Marxian Economics, Volume 2: 1929-1990 (Radical Economics Series)

Sample text

The slower the sum of wages and the fas ter the sum of profits in society grows, the slower is the growth of mass consumption and the raster the growth of the social productive apparatus. Thus everything hinges upon the relalive shares of wages and profits. If profits ínerease fas ter than wages, so that the rate of exploitation rises, saving grows more rapidly (and consumption less rapidly) than outpUt. 63 Bauer fonnalises these insights in the first-ever mathemalieal model of undereonsumption lo come from a Marxist writer, He defines accumulatíon as the difference between net output and eonsumption.

28. M. Jay. Tile Dialeclical Imagina/ion (London: Heinemann, 1973). pp. 154-5; eL D. Held, Il/lroduClioll /0 Crilical Theory (London: Hutchinson. 1980). pp, 28295, and Hansen, BreakdoK'1I ol Capilalism, pp. 66. 97-8. 29, F. Neumann, Behemo¡h: The SrrUCl1Jre alld Prac/ice 01 Na/ianal Socialism (London: Gollanez, 1942); eL layo Dialec/ical Imaginarion, pp. 161-5 and Held, Inlroduclioll, pp. 52-65. 30. Sweezy, Theory, p. 337n: ef. ¡bid, p. 341, where Sweezy repudiates his earlier use of 'state capitalism' 10 describe the Nazi regime; Sweezy.

46-7; cf. Sweezy, Titear\', pp. 100-108. 46. K. Marx, Capital, volume IIJ (Moscow: Foreign Languages Publishing House, J962), Ch. XIV. 47. Sweezy, Theory, pp. 100--8; Dobb, Poli/ieal Economy, p. 112. 48. Bauer, 'Die Akkumulation', pp. 104-8 of the English translatíon. 49. Moszkowska, Das Marxsche Syslem, pp. J28, 142-3. 50. Strachey, Nmure of Capi/alis/ Crisis, p. 320. 51. Sweezy, T/¡eory, pp. 147-55; Dobb Poli/ical Economy, pp. 123-5. 52. Corey, Decline, pp, 74-93; Varga, The Grear Crisis, pp.

Download PDF sample

Rated 4.56 of 5 – based on 40 votes

About the Author