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The Theory of Capitalist Development is a 1942 book by the Marxian economist Paul Sweezy, in which the author expounds and defends the labor theory of value. [1] It has received praise as an important work, but Sweezy has also been criticized for misrepresenting Karl Marx 's economic theories.
Paul Marlor Sweezy (April 10, 1910 – February 27, 2004) was a Marxist economist, political activist, publisher, and founding editor of the long-running magazine Monthly Review. He is best remembered for his contributions to economic theory as one of the leading Marxian economists of the second half of the 20th century.
A periodization of capitalism seeks to distinguish stages of development that help understanding of features of capitalism through time. The best-known periodizations that have been proposed distinguish these stages as: Early / monopoly / state monopoly capitalism ; Free trade / monopoly / finance capitalism
Monopoly Capital: An Essay on the American Economic and Social Order is a 1966 book by the Marxian economists Paul Sweezy and Paul A. Baran. It was published by Monthly Review Press . It made a major contribution to Marxian theory by shifting attention from the assumption of a competitive economy to the monopolistic economy associated with the ...
This approach is associated with MichaĆ Kalecki, Josef Steindl, Paul A. Baran and Paul Sweezy. [ 38 ] [ 37 ] Such theorists as Marc Fleurbaey , Samuel Bowles , [ 39 ] [ 40 ] David Gordon , John Roemer , Herbert Gintis , Jon Elster , and Adam Przeworski have adopted the techniques of neoclassical economics , including game theory and ...
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The Brenner debate was a major debate amongst Marxist historians during the late 1970s and early 1980s, regarding the origins of capitalism.The debate began with Robert Brenner's 1976 journal article "Agrarian class structure and economic development in pre-industrial Europe", published in the influential historical journal Past & Present.
Erik Olin Wright's [9] theory of contradictory class locations is an example of the syncretism found in neo-Marxist thought, as it incorporates Weberian sociology, and critical criminology. [ 10 ] There is some ambiguity surrounding the difference between neo-Marxism and post-Marxism , [ 11 ] [ 12 ] with many thinkers being considered both.
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