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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.
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 ...
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 worked closely with Sweezy on a book regarded as a landmark in Marxist theory entitled Monopoly Capital, although he died of a heart attack prior to the work's first publication in 1966. [6] Monthly Review launched in 1949 with a circulation of just 450 copies, most of whom were personal acquaintances of either Huberman or Sweezy. [7]
Like Baran and Sweezy's Monopoly Capital, Braverman's book made a comeback during the Great Recession and debates on the composition of the contemporary working class [22] and 'Taylorism 2.0'. [23]
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.
Like many liberals, Hobson's objection to imperialism was strengthened by his disgust at the imbalance of power in the Boer War.. J. A. Hobson was an English liberal economist whose theory of imperialism was extremely influential among Marxist economists, particularly Vladimir Lenin, and Paul Baran and Paul Sweezy.
In Trotsky's theory of imperialism, the domination of one country by another does not mean that the dominated country is prevented from development altogether, but rather that it develops mainly according to the requirements of the dominating country. For example, an export industry will develop around mining and farm products in the dominated ...