Read e-book online A History of Marxian Economics, Volume II PDF

By M.C. Howard and J.E. King

ISBN-10: 0333388135

ISBN-13: 9780333388136

Follows on from the 1st quantity which handled the interval from the demise 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 system lay in Western Europe and North the US. New difficulties additionally arose during this interval, and components of Marx's economics which had prior obtained scant consciousness 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 energy in 1917 through sporting via a "revolution from above" which created a brand new mode of creation, quickly speeded up fiscal improvement, and gave beginning 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 historical past of Marxian Economics quantity 2, 1929-1990" takes an outline of Marxian economics, outlining the main major thoughts, the incorporation of Keynesian thought into Marxism, in addition to tackling the recent theories of Imperialism and finishing with an research of present controversies in economics and their hyperlinks to a Marxist concept.

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Cited by Dobb, Poli/ica! Economy, pp. is/ Crisis, p. 320. M. ), Poli/ica! 1933), pp. 360-5. Dobb, Política! Eronomy, pp. 115-21. Wolfram, Política! Ecol/omy, pp. 380-2. Sweezy, T/¡eory, pp. 186-9. Corey, Decline, p. 117; eL Sternberg, 'Die Weltwirtschaftskrisls', pp. 112-18, and (at a more popular leve]) A. , ? 1937), pp. 286-298. E. Varga, Tl1'o Syslems: Socialisl Economy and Capita/isl Economy (London: Lawrenee & Wishart, 1939), p. 89; ef. Varga, The Grea! Crisis, pp. 19-23, and Day, The 'Crisis' and {he 'Cras/¡ '.

Moszkowska, Zur Krilik Moderna Krisen/heariell, pp. 26, 102: eL Moszkowska, Zur Dyllamik des Spiilkapilahsmus (Zurieh: Verlag 'der Aufbruch', 1943), and Corey, Decline 01 American Capilalism, pp. 168-9. he Soviet eeonomist E. B. Day, Tlle 'Crisis' alld Ihe 'Crash': Soviel SlUdies ollhe Wesl (1917-1939) (London: New Left Books, 1981), pp, 213-8. 18. Bauer, Zwischen, pp, 47-8, 66-79. 19. Varga, The Greal Crisis, pp. 68-9; cf. Day, Tlle 'Crisis' and Ihe 'Crash', pp. 26970 and C. S. Varga and the Theory of Sta te Monopoly Capitalism', Rel'ie ...

The ways in which Manían economísts tried to under¡¡tand the struetural ehanges in modern capitalism are outlined in Chapter 4. Chapter 6 provides an aceount or (he theories of monopoly capitalism and underconsumption as they were modified to explain the 'long boom' after 1945. Developments in the theory of the falling rate of profit are assessed in Chapter 7 and, finally, in Chapter 8 we analyse the Marxian literature on the significance of military expenditure. Sorne of these Issues will reappear in Part III, as they were adapted to explain the apparent lack of capitalist development in the Third World, and again in Chapter 16, in the eontext of the so-called 'second slump' of the 1970s.

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A History of Marxian Economics, Volume II by M.C. Howard and J.E. King


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