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ICFI: Marxism and the political economy of Paul Sweezy

Posted by Geoff on January 25th, 2007

The ICFI writes a damning critique of the economics and politics of Paul Sweezy, founder of Monthly Review. Sweezy’s politics hinges on his claim that with the advent of monopoly capitalism, the law of the tendency of the rate of profit to fall no longer applies. This series of articles critiques his economics and exposes the bankrupt politics embedded in and resulting from it. An important (though not necessarily novel) contribution to the debate between the “monopoly” and the “falling rate of profit” schools!

Part I: Early influences
Part II: The Theory of Capitalist Development
Part III: The breakdown theory
Part IV: Monopoly Capital
Part V: “The tendency of the surplus to rise”
Part VI: Writing off the working class
Part VII: The socialist revolution

I also posted a related article on October 12th, 2005.

• 

This entry was posted on Thursday, January 25th, 2007 um 1:44 pm and is filed under Economics/Trade, Socialist Theory. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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