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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.
Baran, Paul A. & Sweezy, Paul M. Monopoly Capital: An essay on the American economic and social order (New York: Monthly Review Press, 1966) Nicholas Baran and John Bellamy Foster, eds., The Age of Monopoly Capital, The Selected Correspondence of Paul A. Baran and Paul M. Sweezy, 1949-1964 (Monthly Review Press, New York, 2017).
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.
Labor and Monopoly Capital: The Degradation of Work in the Twentieth Century is a book about the economics and sociology of work under monopoly capitalism by the political economist Harry Braverman. Building on Monopoly Capital by Paul A. Baran and Paul Sweezy , it was first published in 1974 by Monthly Review Press .
Between the publication of Lenin's Imperialism in 1916 and Paul Sweezy's The Theory of Capitalist Development in 1942 and Paul A. Baran's Political Economy of Growth in 1957, there was a notable lack of development in the Marxist theory of imperialism, best explained by the elevation of Lenin's work to the status of Marxist orthodoxy. Like ...
From 1949, he was an active participant in the formulation of editorial ideas and opinions in Monthly Review magazine edited by Paul Sweezy and Leo Huberman. Baran visited Cuba in 1960 along with Sweezy and Huberman, and was greatly inspired. In 1962 he revisited Moscow, Iran, and Yugoslavia. In his last years he worked on Monopoly Capital with ...
The statistical and historical evidence about the Kondratiev waves of capitalist development from the 1830s onwards is certainly favourable to Marx's theory of the rising organic composition of capital. [4] It is difficult to find industries where the secular historical trend is one of an increase in the share of wages in the total capital ...
Uneven development results from the "spatially and temporally uneven processes and outcomes that are characteristic, and functional to capitalism". [17] Much of neoclassical economic theory holds that features of unevenness, such as income inequality, equalizes as a result of capital diffusion throughout the open market.