The Accumulation of Capital by Rosa Luxemburg

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Author Luxemburg, Rosa, 1871-1919
Author of introduction, etc. Robinson, Joan, 1903-1983
Translator Schwarzschild, Agnes
LoC No. a51009862
Uniform Title Die Akkumulation des Kapitals. English
Title The Accumulation of Capital
Note Reading ease score: 45.0 (College-level). Difficult to read.
Credits Produced by Fritz Ohrenschall, Judith Picken and the Online
Distributed Proofreading Team at http://www.pgdp.net
Summary "The Accumulation of Capital" by Rosa Luxemburg is a scholarly analysis of capitalist economics written in the early 20th century. The work delves into the complexities of capital accumulation and the reproduction processes fundamental to capitalist society, critically engaging with Marxist economic theories. Luxemburg's focus lies on how capital accumulation operates within a capitalist framework, examining both its implications and inherent contradictions. The opening of "The Accumulation of Capital" establishes the central premise of the book by discussing Marx's contributions to economic theory, particularly regarding the reproduction of social capital. It lays out the necessity for continuous reproduction in capitalist society and indicates the difficulties that arise when the market does not align with social needs. Luxemburg argues that unlike other economic systems, capitalist reproduction can halt even when the conditions for production appear present, as it is fundamentally driven by profit motives rather than societal requirements. This introduction sets up the analytical framework through which Luxemburg will explore the relationship between individual capitalists' decisions, market dynamics, and the overall capitalist system's functionality. (This is an automatically generated summary.)
Language English
LoC Class HB: Social sciences: Economic theory, Demography
Subject Socialism
Subject Capitalism
Subject Saving and investment
Subject Imperialism
Category Text
EBook-No. 41405
Release Date
Copyright Status Public domain in the USA.
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