A History of Marxian Economics, Volume I: 1883-1929 by Michael Charles Howard, John Edward King

By Michael Charles Howard, John Edward King

The first quantity of this serious heritage covers the social, political, and theoretical forces in the back of the advance of Marxian economics from Marx's demise in 1883 till 1929, the 12 months marking the onset of Stalin's "revolution from above," which as a consequence remodeled the Soviet Union right into a smooth superpower. in the course of those years, Marxists in either Russia and Germany stumbled on their monetary principles inextricably associated with sensible political difficulties, and handled thought as a advisor to motion. This e-book systematically examines the real theoretical literature of the interval, together with insightful works by way of political functionaries open air academia--journalists, occasion organizers, underground activists, and lecturers within the hard work movement--presented right here because the fundamental forgers of Marxian financial thought.

Beginning with Engels's writings, this ebook analyzes the paintings of prime Marxist economists within the moment overseas, then concludes with a assessment of the highbrow activities in the Marxian political economic system through the Twenties. A moment quantity treating the interval from 1929 to the current will follow.

Originally released in 1989.

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Engels to Oppenheim, 24 March 1891, in Letters on 'Capital', p. 256; Engels,'In Sachen Brentano'. 25. K. Marx, Capital (Moscow: Foreign Languages Publishing House, 1962) vol. Ill, ch. 15. 26. 27. 27. Capital, vol. II, p. i; lor details, see ibid, pp. 2-5. 28. Engels to N. F. Danielson, 4 July 1889, in Letters on 'Capital', pp. 245-6; see Capital, vol. Ill, pp. 398^00. 418-20, 445-6, 515-6, 534-7, 541-3, 550-1, 5612, 571-2 (chs 25, 26, 28, 33, 34, 35, s. 2). 29. On turnover, see ibid, pp. 70-6; 150, n.

54-104. Stiebeling, Das Werthgesetz, pp. 15-21. Ibid, p. 21. P. M. Sweezy, Theory of Capitalist Development (New York: Monthly Review Press 1970; first published 1942) pp. 115-25. W. Lexis, 'The Concluding Volume of Marx's Capital', Quarterly Journal of Economics, 10, October 1895, pp. 1-33; C. Schmidt, 'Der Dritte Band des Kapiiat, Sozialpolitisches Centralblatt, 22, 1895, pp. 255-8. Engels and the 'Prize Essay Competition' 41 66. For a technical exposition of these arguments see F. Seton, 'The "Transformation Problem'", Review of Economic Studies, 24, June 1957, pp.

Was written in 1893 and published (in German) in 1895; an English translation is in Henderson, op. 11, pp. 810-32, the cited passage coming from p, 810. On Hobson see J. Allelt, New Liberalism: the Political Economy of J. A. Hobson (Toronto: University of Toronto Press, 1981) ch. 5. 38. Oakley, Making of Marx's Critical Theory, ch. 6. 39. Engels to C. Schmidt, 1 July 1891, Letters on 'Capital', p. 256. 40. Rubel, Bibliographic, pp. 25-8; editors' introduction to K. Marx, Theories of Surplus Value (London: Lawrence & Wishart, 1963) vol.

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