The nature of capitalist crisis / by John Strachey.

By: Material type: TextTextPublication details: New York : Covici Friede Publisher, c1935.Description: 400 pages : diagrams ; 24 cmSubject(s): DDC classification:
  • 330.15
LOC classification:
  • HB 501 .S918 1936
Online resources:
Contents:
Part one - Capitalist theories of crisis -- I. The scope of the enquiry -- II. Not enough money? Major C.H. Douglas -- III. Not enough money? Mr. J.A. Hobson; Prof. Irving Fisher -- IV. Too much money? Dr. Hayek -- V. Too much money? (continued) -- VI. Two ways of restoring profits -- VII. The dilemma of profits or plenty --
Part two - from political economy to economics -- VIII. Costs and values -- IX. The heyday of capitalist economics -- X. The gelded science --
Part three - the labour theory of value -- XI. The function of a theory of value -- XII. The function of a theory of value (continued) -- XIII. The Marxian categories -- XIV. Surplus value and profit -- XV. "The great contradiction" --
Part four - Marx's theory of capitalist crisis -- XIV. The two-faced law -- XVII. Counteracting clauses -- XVIII. Inevitability of crises: how recovery comes: the meaning of over-production -- XIX. The dilemma of profit or plenty restated -- XX. The secret of money --
Part five - the theory applied -- XXI. The present crisis -- XXII. Fascism: social democracy and capitalist crisis -- XXIII. The function of theory and the cause of war -- XXIV. The two futures.
Summary: "An analysis of the causes of economic crises, such as the present. Presentation of the theory that those measures which will restore profits will destroy also the possibility of plenty, and a definition of the capitalistic system as a system designed for industrializing the world, and unable to proceed beyond that. Contemporary capitalist economics is an impotent science. Then comes a discussion of Marx's theory of capitalist crisis and we reach again the dilemma of profits vs. plenty. Fallacies of other interpretations of the Marxian theory are revealed, as denying what Marx considered, that high wages were a specific for the precipitation of crises. We face an alternative of Barbarism or Communism. Strachey feels that our century will be ""the century of the transition to Communism, and not of the transition to Barbarism." -- From Kirkus Review.
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Item type Current library Collection Call number Status Notes Date due Barcode
BOOKS BOOKS Niebyl-Proctor Marxist Library General Stacks The Roscoe Proctor Collection HB 501 .S918 1936 (Browse shelf(Opens below)) Not For Loan Pages discolored throughout, small tear on title page. NPML19110005
Browsing Niebyl-Proctor Marxist Library shelves, Shelving location: General Stacks, Collection: The Roscoe Proctor Collection Close shelf browser (Hides shelf browser)
HB 171.5 .H83 1978 Economics : HB 501 .B45 1926 Elements of political education / HB 501 .D55 1958 Capitalism yesterday and today / HB 501 .S918 1936 The nature of capitalist crisis / HB 3721 .B55 1976 Underconsumption theories : HC 103 .L37 1964 A documentary history of American economic policy since 1789 / HC 103 .S62 1961 Economic growth in the United States : its history, problems, and prospects /

Includes index.

Part one - Capitalist theories of crisis -- I. The scope of the enquiry -- II. Not enough money? Major C.H. Douglas -- III. Not enough money? Mr. J.A. Hobson; Prof. Irving Fisher -- IV. Too much money? Dr. Hayek -- V. Too much money? (continued) -- VI. Two ways of restoring profits -- VII. The dilemma of profits or plenty --

Part two - from political economy to economics -- VIII. Costs and values -- IX. The heyday of capitalist economics -- X. The gelded science --

Part three - the labour theory of value -- XI. The function of a theory of value -- XII. The function of a theory of value (continued) -- XIII. The Marxian categories -- XIV. Surplus value and profit -- XV. "The great contradiction" --

Part four - Marx's theory of capitalist crisis -- XIV. The two-faced law -- XVII. Counteracting clauses -- XVIII. Inevitability of crises: how recovery comes: the meaning of over-production -- XIX. The dilemma of profit or plenty restated -- XX. The secret of money --

Part five - the theory applied -- XXI. The present crisis -- XXII. Fascism: social democracy and capitalist crisis -- XXIII. The function of theory and the cause of war -- XXIV. The two futures.

"An analysis of the causes of economic crises, such as the present. Presentation of the theory that those measures which will restore profits will destroy also the possibility of plenty, and a definition of the capitalistic system as a system designed for industrializing the world, and unable to proceed beyond that. Contemporary capitalist economics is an impotent science. Then comes a discussion of Marx's theory of capitalist crisis and we reach again the dilemma of profits vs. plenty. Fallacies of other interpretations of the Marxian theory are revealed, as denying what Marx considered, that high wages were a specific for the precipitation of crises. We face an alternative of Barbarism or Communism. Strachey feels that our century will be ""the century of the transition to Communism, and not of the transition to Barbarism." -- From Kirkus Review.

Donation from Roscoe & Oleta Proctor.

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