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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.
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 ...
Download as PDF; Printable version; In other projects Wikidata item; ... Pages in category "Books by Paul Sweezy" The following 2 pages are in this category, out of 2 ...
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]
Marxist economist Paul Sweezy rejects Böhm-Bawerk's view that the theory of value must be abandoned. However, he considers Karl Marx and the Close of His System to be the best statement of the argument that the fact that the law of value is not directly controlling in capitalist production requires the rejection of the theory of value.
Leo Huberman (October 17, 1903 – November 9, 1968) was an American socialist economist. In 1949 he founded and co-edited Monthly Review with Paul Sweezy. [1] He was the chair of the Department of Social Science at New College, Columbia University; labor editor of the newspaper PM; and the author of the popular history books Man’s Worldly Goods and We, the People: The Drama of America.
In 20th-century discussions of Karl Marx's economics, the transformation problem is the problem of finding a general rule by which to transform the "values" of commodities (based on their socially necessary labour content, according to his labour theory of value) into the "competitive prices" of the marketplace.