By S. Rousseas
ISBN-10: 0521223334
ISBN-13: 9780521223331
Capitalism and disaster questions no matter if there are approaches in complex capitalism that lead unavoidably to systemic cave in. the writer demanding situations these Marxian theories according to a collection of traditionally evolving 'internal contradictions' derived from a merely dialectical research of capitalism. partly I he makes a speciality of the talk surrounding Rosa Luxemburg's theories of imperialism and capital accumulation, and on Marx's remedy of technology and expertise within the Grundrisse. partly I I he severely examines neo- and non-Marxian theories of complicated capitalism, specifically the paintings of Jurgen Habermas in regards to the challenge of political legitimation in complex capitalism. Professor Rousseas argues that Marxists have seriously underestimated the resilience of the capitalist method, which has to be taken under consideration via any conception of political economic system appropriate to the 20th century.
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Additional info for Capitalism and Catastrophe: A Critical Appraisal of the Limits to Capitalism
Example text
Marx, Lenin, Tugan Baranovsky, and Hilferding shared one common theoretical premise: "Crises stem from the disproportion between individual branches of production" (p. 225). Their difference, which was of lesser impor tance to Bukharin, lay over whether consumption was a "component part of this disproportionality," which of course Tugan-Baranovsky and Hilferding denied. At any rate, if Luxemburg's theory had the elegance of Ockham's razor, Bukharin's concept of the "unity of con tradictions" in his theory of capitalist collapse was an overdetermined system of theoretical overkill that no doubt assuaged his impatience for the end.
Perhaps the greatest significance of the 1 844 Manuscripts lies in one of the very rare descriptions Marx ever gave of what a post-post capitalist, communist society would look like. I n keeping with his link age of alienation with private property, Marx saw communism as "the positive transcendence of private property, as human self estrangement, and therefore as the real appropriation of the human essence *A possible explanation is that the manuscripts were just that manuscripts; a collection of essays written over a six-month period in which a twenty-six-year-old Marx turned certain ideas over in his head and wrote notes to himself.
2 This did not deter Engels. Marx's preliminary sketch for an expanded reproduction schema, in which capital accumulation can take place, is to be found in Chapter XXI of Volume I I . In it Marx pushed numbers around to arrive at the ex post facto equilibrium condition for capitalist growth. As in the simple reproduction model, the organic composition of capital (c/v) remains constant, indicating the total ab sence of technological change - a concept that, as we have seen, he stressed so heavily in his earlier Grundrisse.
Capitalism and Catastrophe: A Critical Appraisal of the Limits to Capitalism by S. Rousseas
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