Marxian Economics

Marx and Engels and the 'Collapse' of Capitalism - John Crump (1969)

In 1786, three years before the outbreak of the French Revolution, Gracchus Babeuf wrote:
 
"The majority is always on the side of routine and immobility, so much is it unenlightened, encrusted, apathetic . . . Those who do not want to move forward are the enemies of those who do, and unhappily it is the mass which persists stubbornly in never budging at all."
 
The events of 1789 disproved his gloomy predictions but, by the time Babeuf became prominent, the reaction was already setting in.

Rosa Luxemburg and the Collapse of Capitalism - John Crump (1969)

Fifty years ago on 6th January began the hopeless Spartakist rising against the Social Democrat government of Germany. It led to the brutal murder of Karl Liebknecht and Rosa Luxemburg, two well-known and courageous opponents of the first world slaughter. Luxemburg, as an opponent of both reformism and Bolshevism who understood the worldwide and democratic nature of socialism, had views on many subjects near to those of the Socialist Party of Great Britain. However, there were certain basic differences between our views and hers.

The Futility of Reformism (exert) - Samuel Leight (1984)

Taxation is a dominating, reformist activity generating an inferred assumption that it possesses similar economic consequences for both the capitalist and working classes, varying only in degree. The socialist attitude contradicts this inference and asserts that the burden of taxation is borne by the capitalist class, that the whole question has become a misleading, dangerous red herring diverting working class away from their true interests.

Conversation With a Hairdresser’s Assistant - Wilhelm Reich (1935)

In the 1930s Wilhelm Reich, perhaps best known as the author of The Sexual Revolution, developed the theory that it was possible to explain the basic concepts of Marxian economics without employing complicated economic terms and arguments. As an example of his attempt at this, we publish below, for the first time in English translation, an article he wrote in 1935 under his pseudonym of Ernst Parell for the Zeitschrift für politische Psychologie und Sexualökonomie (vol 2, No 1) he published in exile in Denmark.

Assistant: Style or a simple haircut?

The Materialist Conception of History - Edgar Hardcastle (Socialist Studies) (1995)

The purpose of this pamphlet is to show that the capitalist social system is a dynamic and not a static organisation, having developed out of previous social systems. The historical role of capitalism was progressive insofar as the means of production, hitherto small and fragmentary in character, were welded into the gigantic productive organisations we know today. The social powers of production however are not under the control of society and the relations of production do not serve the interests of the producers, the working class. The social classes have been reduced to two, a property-less working class forming the vast majority, and a property owning capitalist class, the minority. The relations of production are anti-social because the object behind production is not the satisfaction of social need but the amassing of profit and the accumulation of capital.

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