An Essay on Cyclical and Long-Run Changes in Capitalist Economy
In his Essays in the Theory of Business Cycle published in Polish in 1933, Kalecki clearly stated the principle of effective demand in mathematical form. By 1935 he outlined his theory of employment, demolished the then-orthodox remedy for a depression — that is, wage cutting — and pinpointed the importance of investment for economic dynamics.… | more |
Marxism and the French Upheaval
Explores the full sweep of Marxist Thinking on social change in the light of the 1968 French explosion.… | more |
Marxist and Labor Theories of Nationalism to 1917
Nationalism and Socialism is a study in the history of Marxian ideas; but it is also an attempt to show how the ideas are related to the society from which they sprang, and how the changes in social relations were reflected in the emergence of a whole new formulation of nationalist theory. Marx and Engels had perforce to modify their early ideas on nationalism in light of later events, and Lenin revolutionized the whole approach.… | more |
From the opening pages of this harsh and unsparing book, Bertrand Russell offers what he considered to be the unvarnished truth about the war in Vietnam. For Lord Russell, the war, and the way it was being conducted, was the responsibility of the United States. And, he adds, “To understand the war, we must understand America.”… | more |
Capitalism and Underdevelopment in Latin America
Historical Studies of Chile and Brazil
The four essays in this book offer a sweeping reinterpretation of Latin American history as an aspect of the world-wide spread of capitalism in its commercial and industrial phases. Dr. Frank lays to rest the myth of Latin American feudalism, demonstrating in the process the impossibility of a bourgeois revolution in a part of the world which is already part and parcel of the capitalist system.… | more |
This landmark text by Paul Baran and Paul Sweezy is a classic of twentieth-century radical thought, a hugely influential book that continues to shape our understanding of modern capitalism. “This book… deals with a vital area of economics, has a unique approach, is stimulating and well written. It represents the first serious attempt to extend Marx’s model of competitive capitalism to the new conditions of monopoly capitalism.” — Howard J. Sherman, American Economic Review … | more |
Freedom and Power in the Caribbean
Details the history of modern Puerto Rico, advancing independence and socialism as the answer to the Puerto Rican tragedy.… | more |
The American Revolution: Pages from a Negro Worker’s Notebook
Boggs offers both a keen analysis of U.S. society and a passionate call for revolutionary struggle. He sees the growing trend toward automation, the decline of organized labor, the expansion of imperialism, and the deepening of racial strife as fundamentally rooted in the contradictions of U.S. capitalism. And he concludes that the only way forward is a new American revolution—one that, from his perspective writing in the 1960s, appeared to have already begun.… | more |
An Essay on Economic Growth and Planning
This important essay dates from the end of the fifties. At that time, the rapid rate of Soviet industrialization had directed the attention of economists to problems of economic growth of former colonial areas which had won political independence. As Dobb points out, economists were chiefly concerned with the problems of growth under conditions of private ownership of capital and where investment is primarily under the control of private individuals or firms. The theories of economic growth in vogue at the time derived largely from the well-known growth conditions set forth by Roy F. Harrod and Evsey D. Domar.… | more |