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Rosa Luxemburg : Theory of Accumulation and Imperialism by Tadeusz Kowalik; Jan Toporowski; Hanna Szymborska is a nonfiction available to read on EtoBox.

What is Rosa Luxemburg : Theory of Accumulation and Imperialism about?

"The purpose of this translated volume Tadeusz Kowalik's book is to examine Rosa Luxemburg's contribution to economic theory. The essential subject-matter is the dependence of capital accumulation on effective demand, the dependence of economic growth on specific capitalist barriers to growth. The second part of this book is devoted to the relationship between capital accumulation and economic and political imperialism. Kowalik attempts to vindicate the analysis of Rosa Luxemburg in her Accumulation of Capital as a Marxist classic. He puts forward as an alternative under-investment theory of capitalist stagnation that was accepted among Marxists, and links this interpretation of Luxemburg with Marx's critique of Say's Law and with the development of Luxemburg's theory in the work of Michal Kalecki and John Maynard Keynes. Luxemburg's analysis is contrasted with the underconsumptionist theory of capitalist crisis that prevailed among her critics. Although Kowalik recognises Luxemburg's analysis as incomplete, he argues that she correctly identified the realisation of surplus as the key constraint on expanded production in capitalism. This then points to a reinterpretation of Kalecki

Who reads Rosa Luxemburg : Theory of Accumulation and Imperialism?

Author

Tadeusz Kowalik; Jan Toporowski; Hanna Szymborska

Publisher

Palgrave Macmillan UK

Published

2014

Language

EN

ISBN

9781137428349

Category

nonfiction

Subjects

Political Science, History, Economics