This second volume completes a critical history of the social, political, and theoretical forces behind Marxian economics--the only work in English to offer such comprehensive treatment. Beginning with Marxian analyses of the Great Depression and Stalinism, it explores the theories developed to explain the "long boom" in Western capitalism after the Second World War. Later chapters deal with post-Leninist theories of imperialism and continuing controversies in value theory and the theory of exploitation. After outlining recent work on the "second slump," the integration of rational-choice theory into Marxism, and the political economy of socialism, the book concludes with a review and evaluation of Marxian theory over the whole period since Marx's death. Praise for the first volume: "Howard and King have done an excellent job... One comes away with the impression of Marxian economics being a vibrant subject, relevant to the problems of these times and useful in practical matters."--Meghnad Desai, The Times Higher Education Supplement Originally published in 1992. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

The first volume of this critical history covers the social, political, and theoretical forces behind the development of Marxian economics from Marx's death in 1883 until 1929, the year marking the onset of Stalin's "revolution from above," which subsequently transformed the Soviet Union into a modern superpower. During these years, Marxists in both Russia and Germany found their economic ideas inextricably linked with practical political problems, and treated theory as a guide to action. This book systematically examines the important theoretical literature of the period, including insightful works by political functionaries outside academia--journalists, party organizers, underground activists, and teachers in the labor movement--presented here as the primary forgers of Marxian economic thought. Beginning with Engels's writings, this book analyzes the work of leading Marxist economists in the Second International, then concludes with a review of the intellectual movements within the Marxian political economy during the 1920s. A second volume treating the period from 1929 to the present will follow. Originally published in 1989. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Annotation This second volume of the highly successful, A History of Marxian Economics, covers the period from 1929 to the present. The main debates and themes of this period are the Great Depression and Stalinism, the Long Boom and its Demise, New Theories of Imperialism, Value and Exploitation, and Current Controversies. As with the first volume Michael Howard and John King have written an authoritative and stimulating account of the history of Marxian Economics over this period.

Howard and King have done an excellent job ... scholarly without being partisan or polemical.' - Meghnad Desai, The Times Higher Education Supplement

This book covers the history and development of Marxian economics from Marx's death in 1883 until 1929. Analysis begins with Engel's development of Marxism and early controversies in the theory of value. Following chapters deal with the work of leading Marxist economists in the Second International concentrating upon the work of German and Russian theorists and it concludes with a reveiw fo intellectual developments in political economy during the 1920s.

The first volume of this critical history covers the social, political, and theoretical forces behind the development of Marxian economics from Marx's death in 1883 until 1929, the year marking the onset of Stalin's "revolution from above," which subsequently transformed the Soviet Union into a modern superpower. During these years, Marxists in both Russia and Germany found their economic ideas inextricably linked with practical political problems, and treated theory as a guide to action. This book systematically examines the important theoretical literature of the period, including insightful works by political functionaries outside academia--journalists, party organizers, underground activists, and teachers in the labor movement--presented here as the primary forgers of Marxian economic thought. Beginning with Engels's writings, this book analyzes the work of leading Marxist economists in the Second International, then concludes with a review of the intellectual movements within the Marxian political economy during the 1920s. A second volume treating the period from 1929 to the present will follow. Originally published in 1989. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Springing from a conference held in Bergamo University on the occasion of the centenary of the publication by Engels of the third book of Capital, the papers collected in these two volumes reinstate Marx's as the first genuinely evolutionary economic theory. In this, the capitalist process incessantly brings about states which will by themselves generate the next ones. Thus as Schumpeter remarked, Marx was the first to 'visualise what even at the present time is still the economic theory of the future for which we are slowly and laboriously accumulating stone and mortar, statistical facts and functional equations'.