Pavel V. Maksakovsky: The Capitalist Cycle

Download or read book Pavel V. Maksakovsky: The Capitalist Cycle written by Richard Day and published by BRILL. This book was released on 2004-04-01 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Capitalist Cycle is a translation of a previously unknown work in Marxist economic theory. Originally published in 1928, this rediscovered work is one of the most creative essays witten by a Soviet economist during the first two decades after the Russian Revolution. Following the dialectic of Hegel and Marx, Maksakovsky aims to provide a 'concluding chapter' for Marx's Capital. The book examines economic methodology and logically reconstructs Marx's analysis into a comprehensive and dynamic theory of cyclical economic crises. The introductory essay by Richard B. Day situates Maksakovsky's work within the Hegelian and Marxist philosophical traditions by emphasizing the book's dialectical logic as well as its contribution to economic science.