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The Theory of Capitalist Development: Principles of Marxist Political Economy by Paul M. Sweezy offers a comprehensive analysis of capitalist economies through the lens of Marxist theory. Sweezy outlines the key principles of Marxist political economy, focusing on the dynamics of capitalist development, the role of exploitation, and the contradictions inherent within the system. He examines the historical evolution of capitalism, the process of accumulation, and the cyclical crises that characterize capitalist economies. This influential work helps readers understand the fundamental aspects of Marxist economic theory and its relevance to contemporary economic systems. Published by Aakar Books in English.
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Paul M. Sweezy (1910–2004) was an influential American economist and a prominent Marxist scholar. He co-founded the Monthly Review, a left-wing journal that became a platform for Marxist thought. Sweezy’s work focused on the analysis of capitalist economies, particularly their dynamics and contradictions. He was a key figure in the development of Marxist economic theory in the 20th century. His book The Theory of Capitalist Development remains a cornerstone in Marxist economic literature. Sweezy’s ideas continue to inspire critical thought on capitalism and its societal impacts.
About The Book
The Theory of Capitalist Development: Principles of Marxist Political Economy by Paul M. Sweezy offers a comprehensive analysis of capitalist economies through the lens of Marxist theory. Sweezy outlines the key principles of Marxist political economy, focusing on the dynamics of capitalist development, the role of exploitation, and the contradictions inherent within the system. He examines the historical evolution of capitalism, the process of accumulation, and the cyclical crises that characterize capitalist economies. This influential work helps readers understand the fundamental aspects of Marxist economic theory and its relevance to contemporary economic systems. Published by Aakar Books in English.
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