Henryk Grossman

Henryk Grossman Works, Volume 3

The Law of Accumulation and Breakdown of the Capitalist System, Being Also a Theory of Crises
Herausgeber: Kuhn, Rick

• Gebundenes Buch

Produktbeschreibung

Long awaited, the first full translation of Henryk Grossman's The Law of Accumulation and Breakdown of the Capitalist System, Being also a Theory of Crisis has been published in English. Grossman was the preeminent Marxist economist of the 20th century.

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Produktdetails

• Verlag: Brill
• Seitenzahl: 588
• Erscheinungstermin: 4. November 2021
• Englisch
• Abmessung: 234mm x 157mm x 36mm
• Gewicht: 953g
• ISBN-13: 9789004351974
• ISBN-10: 9004351973
• Artikelnr.: 62310240

Autorenporträt

Henryk Grossman (1881-1950) was the preeminent Marxist economist of the twentieth century. He was the founding theoretician and secretary of the Jewish Socialist Party of Galicia; a Professor at the Free University of Warsaw; then, as a member of the Institute for Social Research, at the University of Frankfurt; and later at the University of Leipzig. Rick Kuhn is a member of Socialist Alternative in Australia. In addition to numerous other publications, he wrote the Deutscher Prize winning biography Henryk Grossman and the Recovery of Marxism (University of Illinois Press, 2008), co-authored Labor's Conflict: Big Business, Workers and the Politics of Class (Cambridge, 2011) and edited Class and Struggle in Australia (Pearson, 2005).

Inhaltsangabe

 Acknowledgements
List of Figures and Tables
Editor’s Introduction
  Rick Kuhn
  Context
  Grossman’s Argument
  Initial Reception, Translations, Republications and Later Literature
  Criticisms and Responses
  Conventions
Introduction
1 The Downfall of Capitalism in Previous Discussions
 1  The Points at Issue
 2  The Conception of Breakdown in Previous Literature
 3  The Final Abandonment of Marx’s Theory of Accumulation and Breakdown by
Karl Kautsky
2 The Law of Capitalist Breakdown
 1  Is There a Theory of Breakdown in Marx?
 2  Preliminary Methodological Remarks. Economic Coordinate System: The
Necessity of Simplifying Assumptions; The Assumption of Constant Prices as
the Starting Point for the Analysis (Constant Value of Money; Equilibrium
State of the Capitalist Mechanism, under Which Prices Coincide with Values;
Exclusion of Competition)
 3  The Equilibrium Theory of the Neo-harmonists. Otto Bauer’s Reproduction
Schema
 4  The Conditions and Tasks of the Analysis Using the Schema
 5  Why Were the Classical Economists Disquieted by the Fall in the Rate of
Profit. Despite Growth in the Mass of Profit?
 6  The Views of the Classical Economists on the Future of Capitalism,
Ricardo. and John Stuart Mill
 7  Marx’s Theory of Accumulation and Breakdown
 8  Marx’s Theory of Breakdown Is Simultaneously a Theory of Crisis
 9  An Anti-Critical Interlude
 10  The Logical and Mathematical Basis of the Law of Breakdown
 11  Causes of the Misunderstanding of Marx’s Theory of Accumulation and
Breakdown
 12  The Factors of the Breakdown Tendency. The Problem of the Periodicity
of Crises. The Course of the Cycle and the Problem of Establishing the
Duration of Its Phases – The Cycle Research Institutes’ Symptomatology. –
The Provisional Exclusion of Credit. – The Tempo of Capital Accumulation
(in the Upswing) and the Extent of Population Growth
 13  The Crisis and Underconsumption Theory. – Incorporating Credit into
the Analysis. – The Cycle within the ‘Three Markets’: The Impetus to the
Boom within the Sphere of Production (Business). The Spillover of the Wave
Movement from Production into the Money Market (Money), Finally to the
Stock Exchange (Speculation)
 14  The Elasticity of Accumulation. The Problem of Sudden Leaps and
One-Sided Development in Individual Branches of Production. The
Relationship between the Extent of the Apparatus of Production and the
Extent of Sales Turnover
 15  Fetters on the Development of the Productive Forces under Capitalism
 16  Marx’s Theory of Insufficient Valorisation Due to Overaccumulation and
Luxemburg’s Theory of the Impossibility of ‘Realising Surplus Value’ under
Capitalism
3 Modifying Countertendencies
Verification of the Abstract Theoretical Analysis by Concrete Appearances
of Capitalist Reality
 1  Restoring Profitability through Internal Structural Changes in the
Mechanism of Capitalist Countries
 2  The World Market
Concluding Observations
 1  The Breakdown Tendency and the Class Struggle (Marx’s Theory of Wages.
The Factors That Determine the Wages. The Historical Tendency of Wage
Levels. The Class Struggle and the Final Goal)
 2  The Collapse of Capitalism and the General Cartel
Appendix: Corrections of Grossman’s Calculations
References
Index, including Abbreviations and Micro Biographies