Planned and Command Economies
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Streeten's Major Writings Paul Marlor SWEEZY
.... 642 Paul Marlor SWEEZY Paul Marlor SWEEZY 643 I out agreeing with the late David McCord Wright, who once said, 'When It was under these circumstances that acquired a mission in life, not all at once and self-consciously, but gradually and through a practice that had a logic of its people tell me I am fuzzy, I reply, "life is fuzzy'", the heterodox dis�enters own. That mission was to do what I could to make Marxism an integral and prefer, I think, to be accused of fuzziness. They prefer to be vaguely nght to respected part of the intellectual life of the country, or, put in other terms, to take being precisely wrong. It is a matter of taste. The orthodox may say, part in establishing a serious and authentic North American brand of Marxism. 'Reductionism is not the occupational disease of economists, it is their occu pation.' But if in the process they throw out the baby instead of the bathwater, In pursuing these interests at Harvard, Sweezy received encouragement the reduction surely loses its point. from the great conservative economist Joseph Schumpeter, whose analysis of the origins, development and impending decline of capitalism revealed a Streeten's Major Writings complex and critical appreciation of Marxist analysis. 17 (1949), 'The Theory of Profit', The Manchester School, (3), September. Obtaining his Ph.D. in 1937, Sweezy took a job as an instructor at Harvard (1950a), 'Mangel des Preismechanismus', Vo//beschdftigung, Cologne: Bundverlag. (l 950b), 'The Inappropriateness of Simple "Elasticity" Concepts m the Analysis of Interna until 1939 when he rose to the rank of assistant professor. -
Capitalism and Risk: Concepts, Consequences, and Ideologies Edward A
digitalcommons.nyls.edu Faculty Scholarship Articles & Chapters 2016 Capitalism and Risk: Concepts, Consequences, and Ideologies Edward A. Purcell New York Law School Follow this and additional works at: http://digitalcommons.nyls.edu/fac_articles_chapters Part of the Consumer Protection Law Commons, and the Law and Economics Commons Recommended Citation 64 Buff. L. Rev. 23 (2016) This Article is brought to you for free and open access by the Faculty Scholarship at DigitalCommons@NYLS. It has been accepted for inclusion in Articles & Chapters by an authorized administrator of DigitalCommons@NYLS. Capitalism and Risk: Concepts, Consequences, and Ideologies EDWARD A. PURCELL, JR.t INTRODUCTION Politically charged claims about both "capitalism" and "risk" became increasingly insistent in the late twentieth century. The end of the post-World War II boom in the 1970s and the subsequent breakup of the Soviet Union inspired fervent new commitments to capitalist ideas and institutions. At the same time structural changes in the American economy and expanded industrial development across the globe generated sharpening anxieties about the risks that those changes entailed. One result was an outpouring of roseate claims about capitalism and its ability to control those risks, including the use of new techniques of "risk management" to tame financial uncertainties and guarantee stability and prosperity. Despite assurances, however, recent decades have shown many of those claims to be overblown, if not misleading or entirely ill-founded. Thus, the time seems ripe to review some of our most basic economic ideas and, in doing so, reflect on what we might learn from past centuries about the nature of both "capitalism" and "risk," the relationship between the two, and their interactions and consequences in contemporary America. -
The Poverty of Philosophy and Its Contemporary Relevance
Crisis, Revolution, and the Meaning of Progress: The Poverty of Philosophy and its Contemporary Relevance Michael Joseph Roberto Proudhon and Marx ABSTRACT: In 1847, Marx wrote The Poverty of Philosophy, his polemical response to Pierre Joseph Proudhon’s System of Economical Contradictions Or, The Philosophy of Poverty, published a year earlier. Marx and Proudhon were the principal antagonists in the struggle for influence and control of the emerging European workers movement then fueled by the first great crisis of modern capitalism. While Marx propagated communist revolution as a solution to the crisis, Proudhon sought to preserve “good capitalism” by attempting to formulate a new political economy that would reconcile contradictions of capitalist exchange by means of reciprocal agreements and transactions; in a word, mutualism. In The Poverty of Philosophy, Marx took Proudhon to task for creating a massive “dialectical phantasmagoria” in the System of Economical Contradictions. Usually regarded as his first detailed treatment of political economy, Marx’s book also contains an implicit conception of social and historical progress based on the principles of contradiction, paradox, and Copyright © 2009 by Michael Joseph Roberto and Cultural Logic, ISSN 1097-3087 Michael Joseph Roberto 2 practice. Today, as the U.S. experiences an irreversible and possibly terminal capitalist crisis, Marx’s polemic against Proudhon remains instructive as an historical, theoretical, and practical-political guide. Key features of the Marx- Proudhon divide in the 1840s are now being recast in contemporary guises and forms. The Left must distinguish between revolutionary Marxist solutions and variations of the New Proudhonism. While Marxism holds the potential for revolutionary, socialist transformation and renewed social progress, the New Proudhonism seeks to save “good capitalism” – ironically and tragically, carrying with it the plausibility of a more coercive and barbarous system. -
Marxism and the Solidarity Economy: Toward a New Theory of Revolution
Class, Race and Corporate Power Volume 9 Issue 1 Article 2 2021 Marxism and the Solidarity Economy: Toward a New Theory of Revolution Chris Wright [email protected] Follow this and additional works at: https://digitalcommons.fiu.edu/classracecorporatepower Part of the Political Science Commons Recommended Citation Wright, Chris (2021) "Marxism and the Solidarity Economy: Toward a New Theory of Revolution," Class, Race and Corporate Power: Vol. 9 : Iss. 1 , Article 2. DOI: 10.25148/CRCP.9.1.009647 Available at: https://digitalcommons.fiu.edu/classracecorporatepower/vol9/iss1/2 This work is brought to you for free and open access by the College of Arts, Sciences & Education at FIU Digital Commons. It has been accepted for inclusion in Class, Race and Corporate Power by an authorized administrator of FIU Digital Commons. For more information, please contact [email protected]. Marxism and the Solidarity Economy: Toward a New Theory of Revolution Abstract In the twenty-first century, it is time that Marxists updated the conception of socialist revolution they have inherited from Marx, Engels, and Lenin. Slogans about the “dictatorship of the proletariat” “smashing the capitalist state” and carrying out a social revolution from the commanding heights of a reconstituted state are completely obsolete. In this article I propose a reconceptualization that accomplishes several purposes: first, it explains the logical and empirical problems with Marx’s classical theory of revolution; second, it revises the classical theory to make it, for the first time, logically consistent with the premises of historical materialism; third, it provides a (Marxist) theoretical grounding for activism in the solidarity economy, and thus partially reconciles Marxism with anarchism; fourth, it accounts for the long-term failure of all attempts at socialist revolution so far. -
John Jay College City University of New York Econ 213: Political Economy Spring2020
John Jay College City University of New York Econ 213: Political Economy Spring2020 Instructor: Ian J. Seda-Irizarry, Ph.D. Email: [email protected] Office: 9.63.10 NB Office Telephone: 212-393-6425 Office Hours: Tu-Th: 2:00-3:00 pm or by appointment A) Overview: This course exposes students to one of the most sophisticated, yet misunderstood and marginalized, theories of social science. Focus will be on the contributions of the thinker who, perhaps better than anybody else, appropriated and critiqued a whole tradition of socio-economic analysis, which included thinkers such as William Petty, Francois Quesnay, Adam Smith, David Ricardo, Thomas Malthus, and John Stuart Mill. We are referring to Karl Marx. Marx is one of those figures from the history of thought whose contributions had been considered by many as redundant, inconsistent, simply outdated, and even dangerous. Still, his thought has ferociously knocked at the door once again in the face of capitalisms’ problems. The purpose of this course is to directly read Marx’s mature theorizations about how capital works to hopefully get a grasp of an understanding of capitalism as a system which suffers from recurrent crises, instabilities, business cycles and uneven development — all of them characteristics that mainstream economic theory tends to consider as secondary compared to the harmonious arrangement that is said to prevail in a market economy that is supposed to deliver the goods while providing the basis for a democratic political system. In this class we will mainly focus on Marx’s magnum opus, Volume 1 of Capital, and we will also read some excerpts from Volumes 2 and 3. -
Prout in a Nutshell Volume 3 Second Edition E-Book
SHRII PRABHAT RANJAN SARKAR PROUT IN A NUTSHELL VOLUME THREE SHRII PRABHAT RANJAN SARKAR The pratiika (Ananda Marga emblem) represents in a visual way the essence of Ananda Marga ideology. The six-pointed star is composed of two equilateral triangles. The triangle pointing upward represents action, or the outward flow of energy through selfless service to humanity. The triangle pointing downward represents knowledge, the inward search for spiritual realization through meditation. The sun in the centre represents advancement, all-round progress. The goal of the aspirant’s march through life is represented by the swastika, a several-thousand-year-old symbol of spiritual victory. PROUT IN A NUTSHELL VOLUME THREE Second Edition SHRII PRABHAT RANJAN SARKAR Prout in a Nutshell was originally published simultaneously in twenty-one parts and seven volumes, with each volume containing three parts, © 1987, 1988, 1989, 1990 and 1991 by Ánanda Márga Pracáraka Saîgha (Central). The same material, reorganized and revised, with the omission of some chapters and the addition of some new discourses, is now being published in four volumes as the second edition. This book is Prout in a Nutshell Volume Three, Second Edition, © 2020 by Ánanda Márga Pracáraka Saîgha (Central). Registered office: Ananda Nagar, P.O. Baglata, District Purulia, West Bengal, India All rights reserved by the publisher. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording -
Marxian Theory Winter 2006 Professor Micha
UNIVERSITY OF CALIFORNIA, SAN DIEGO Department of History History HITO 111/HIGR 211: Marxian Theory Winter 2006 Professor Michael A. Bernstein 3410 Literature [Warren Campus] 534-6270/534-1070 <[email protected]> historyweb.ucsd.edu/bernstein/ A survey and examination of some of the most important writings of Marx concerning economic and social theory and historical analysis. Emphasis on the theory of value, production, technical change, reproduction, and accumulation. Some consideration will also be made of certain neo-Marxist contributions and critiques. Required and Recommended Texts: +Karl Marx, Capital (3 volumes). +Karl Marx and Frederick Engels, The German Ideology. +Karl Marx, The Economic and Philosophic Manuscripts of 1844. +Karl Marx, Grundrisse. +Karl Marx, Pre-capitalist Economic Formations. +Paul Sweezy, The Theory of Capitalist Development. E. von Böhm-Bawerk, Karl Marx and the Close of His Sytem. N. Bukharin, The Economic Theory of the Leisure Class. M. Dobb, Political Economy and Capitalism. I. Rubin, Essays on Marx's Theory of Value. J. Robinson, An Essay on Marxian Economics. R. Meek, Studies in the Labor Theory of Value. D. Horowitz, Marx and Modern Economics. M. Dobb, Studies in the Development of Capitalism. M. Blaug, Economic Theory in Retrospect. W. Williams, The Great Evasion: An Essay on the Contemporary Relevance of Karl Marx and on the Wisdom of Admitting the Heretic into the Dialogue About America’s Future + -- Ordered at the University Bookstore in the Price Center. Course Requirements: There will be one class meeting per week. Student participation in class discussion is encouraged and expected. Those readings starred (*) on the reading list are especially important. -
THE POLITICAL THOUGHT of the THIRD WORLD LEFT in POST-WAR AMERICA a Dissertation Submitted
LIBERATION FROM THE AFFLUENT SOCIETY: THE POLITICAL THOUGHT OF THE THIRD WORLD LEFT IN POST-WAR AMERICA A Dissertation submitted to the Faculty of the Graduate School of Arts and Sciences of Georgetown University in partial fulfillment of the requirements for the degree of Doctor of Philosophy in History By Benjamin Feldman, M.A. Washington, DC August 6, 2020 Copyright 2020 by Benjamin Feldman All Rights Reserved ii LIBERATION FROM THE AFFLUENT SOCIETY: THE POLITICAL THOUGHT OF THE THIRD WORLD LEFT IN POST-WAR AMERICA Benjamin Feldman, M.A. Thesis Advisor: Michael Kazin, Ph.D. ABSTRACT This dissertation traces the full intellectual history of the Third World Turn: when theorists and activists in the United States began to look to liberation movements within the colonized and formerly colonized nations of the ‘Third World’ in search of models for political, social, and cultural transformation. I argue that, understood as a critique of the limits of New Deal liberalism rather than just as an offshoot of New Left radicalism, Third Worldism must be placed at the center of the history of the post-war American Left. Rooting the Third World Turn in the work of theorists active in the 1940s, including the economists Paul Sweezy and Paul Baran, the writer Harold Cruse, and the Detroit organizers James and Grace Lee Boggs, my work moves beyond simple binaries of violence vs. non-violence, revolution vs. reform, and utopianism vs. realism, while throwing the political development of groups like the Black Panthers, the Young Lords, the League of Revolutionary Black Workers, and the Third World Women’s Alliance into sharper relief. -
The Wildcat Line and Misfiring There Is an Appendix Containing the Vienna Philharmonic, and Since Then, Will Be of “Comedy Through the Ages.” Paper
The Library Z 413 V O I. 30. Issue 7. UNIVERSITY OF NEW HAMPSHIRE, DURHAM, NEW HAMPSHIRE, OCTOBER 17, 1939. PRICE, THREE CENTS Touchdown Pass in Lectures Include Condition of Schmidt Final Period Tops Variety of Topics Remains Unchanged Wed. Evening Marks The latest report from the Went Stubborn Wildcats Tales of secret service and propa worth hospital in Dover reveals that ganda will be told by Major Allan A. William Schmidt, freshman student at Fumbles, Punts Mark Macfarlan at the second of the current the University, who received a frac Concert Series Opening series of lectures on November 1. A tured skull in an automobile accident, Battle in Rain at Orono; member of the secret service detail of Sunday, October 8, is continuing to Bauer, Distinguished Mitchell, Flaherty Star the American army during the first hold his own. Schmidt suffered a Extension Service Piano Artist, Appears World War, Major Macfarlan is well- slight relapse Sunday afternoon, but In Return Engagement A fighting crew of New Hampshire qualified to speak on this subject. during the evening showed some im Issues New Volume Wildcats played highly favored Maine Herbert Agar, associate editor of the provement. He is not out of danger Tomorrow evening students and fac to a virtual standstill for three periods Louisville “Courier-Journal” and au as yet. howTever, according to members Book on Government of ulty will have an opportunity to hear on the rainsoaked turf at Orono Sat thor of Pulitzer prize book “The Peo of the hospital staff. Harold Bauer, the distinguished con urday afternoon, only to lose a heart State of New Hampshire ple’s Choice”, will discuss on Novem With the exception of Alfred Morin cert pianist, in the first of this season’s breaking 6 to 0 decision in the final Has Kalijarvi Co-Author ber 22, “What England Wants of of Newmarket, all of the persons who concert series. -
Nandan Gupta. `Prak-Bibar` Parbe Samaresh Basu. Nimai Bandyopadhyay
BOOK DESCRIPTION AUTHOR " Contemporary India ". Nandan Gupta. `Prak-Bibar` Parbe Samaresh Basu. Nimai Bandyopadhyay. 100 Great Lives. John Cannong. 100 Most important Indians Today. Sterling Special. 100 Most Important Indians Today. Sterling Special. 1787 The Grand Convention. Clinton Rossiter. 1952 Act of Provident Fund as Amended on 16th November 1995. Government of India. 1993 Vienna Declaration and Programme of Action. Indian Institute of Human Rights. 19e May ebong Assame Bangaliar Ostiter Sonkot. Bijit kumar Bhattacharjee. 19-er Basha Sohidera. Dilip kanti Laskar. 20 Tales From Shakespeare. Charles & Mary Lamb. 25 ways to Motivate People. Steve Chandler and Scott Richardson. 42-er Bharat Chara Andolane Srihatta-Cacharer abodan. Debashish Roy. 71 Judhe Pakisthan, Bharat O Bangaladesh. Deb Dullal Bangopadhyay. A Book of Education for Beginners. Bhatia and Bhatia. A River Sutra. Gita Mehta. A study of the philosophy of vivekananda. Tapash Shankar Dutta. A advaita concept of falsity-a critical study. Nirod Baron Chakravarty. A B C of Human Rights. Indian Institute of Human Rights. A Basic Grammar Of Moden Hindi. ----- A Book of English Essays. W E Williams. A Book of English Prose and Poetry. Macmillan India Ltd.. A book of English prose and poetry. Dutta & Bhattacharjee. A brief introduction to psychology. Clifford T Morgan. A bureaucrat`s diary. Prakash Krishen. A century of government and politics in North East India. V V Rao and Niru Hazarika. A Companion To Ethics. Peter Singer. A Companion to Indian Fiction in E nglish. Pier Paolo Piciucco. A Comparative Approach to American History. C Vann Woodward. A comparative study of Religion : A sufi and a Sanatani ( Ramakrishana). -
An Emerging Chinese Model: Emancipating the Political Economy
AN EMERGING CHINESE MODEL: EMANCIPATING THE POLITICAL ECONOMY OF CHINA FROM THE GROWTH PARADIGMS By: XIAOBO ZHANG (Under the Direction of Han S. Park) THE ABSTRACT Two dominant schools of thoughts in development have emerged to interpret China’s impressive economic growth and tremendous socio-economic changes. The first school of the Western model attributes China’s rapid economic expansion to its significant increase of so-called capitalist market elements. The second school of the East Asian model points out that China has imitated the East Asian model with state-led development strategies. In this context, the dissertation uses the path dependency theory and the critical juncture framework to argue that China’s reforms represent China’s efforts of groping its own way for economic growth. With the analysis of the main system legacies of the Chinese political and economic institutions, the dissertation suggests that China’s reforms reveal a path dependency nature of institutional evolution. All the way through three stages of economic reforms, China has entered different trajectories for economic growth. The dissertation identifies the main characteristics of the Chinese development model. First, China has been trying to build a market economy with a diversified ownership structure by maintaining the public sector as the dominant while significantly encouraging private ownership. Second, it insists on making economic modernization as the central theme and maintaining political stability as the necessary condition. Third, it upholds the leadership of the Chinese Communist Party while transferring the Party into economic performance based structures with the incremental and the pragmatic approach. Fourth, it is characterized by local experimentations with the improvement of central-local government coordination. -
The Present State of Austrian Economics by Murray N
The Present State of Austrian Economics By Murray N. Rothbard 1 [This paper was delivered at the Tenth Anniversary Scholars’ Conference of the Ludwig von Mises Institute, October 9, 1992. Working Paper from the Ludwig von Mises Institute, November 1992. Reprinted in The Logic of Action One: Method, Money, and the Austrian School. Glos, UK: Edward Elgar Publishing Ltd., 1997, pp. 111-172. Reprinted in Journal des Economistes et des Etudes Humaines, Vol. 6 No. 1 (March 1995), pp. 43-89. ] In the past two decades, there has been a seeming growth of methodological sophistication in the world of economics. Until the early 1970s, a blind Walrasian formalism held total sway in microeconomics, while a triumphant Keynesianism dominated macro, all held together by an unthinking and arrogant empiricist epistemology of logical positivism. The micro and macro synthesis of the neoclassical paradigm were both embodied and symbolized in the work of Paul Samuelson, while the positivist methodology was enshrined in the famed 1953 article of Milton Friedman and the later work of Mark Blaug.1 Since that point, however, the dominant positivist paradigm has been effectively overthrown, to be replaced by a bracing and near-chaotic Kuhnian “crisis situation” in the methodology of economics. For the last two decades, a dozen, if not a hundred, schools of economic thought have been allowed to bloom. Unfortunately, however, the orthodox paradigms in macro and especially microeconomics are still dominant, although less aggressively held than before; the crisis situation in methodology has not yet been allowed to trickle down fully to the substantive bread-and-butter areas where economists, after all, earn their livelihood.