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Encyclopedia > Paul Sweezy

Paul Marlor Sweezy (April 10, 1910February 27, 2004) was a Marxian economist and a founding editor of the magazine Monthly Review. Paul Sweezy, US economist Source: http://www. ... April 10 is the 100th day of the year in the Gregorian calendar (101st in leap years). ... 1910 (MCMX) was a common year starting on Saturday (see link for calendar) of the Gregorian calendar or a common year starting on Sunday of the 13-day slower Julian calendar. ... February 27 is the 58th day of the year in the Gregorian Calendar. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Marxian economics refers to a body of economic thought stemming from the work of Karl Marx. ... Monthly Review is a socialist magazine published in New York City. ...

Contents


Academic beginnings

Sweezy was born in New York City, the son of a bank executive. He attended Harvard and was editor of The Harvard Crimson, graduating in 1931. He then spent a year at the London School of Economics, where he was first exposed to Marxian economic ideas. Returning to Harvard, he received his doctorate in 1937, after which he began teaching economics there. In 1942, he published The Theory of Capitalist Development (ISBN 085345079X), a book which summarized economic ideas of Marx and his followers. It was the first book in English that dealt with certain questions thoroughly such as the transformation problem. From 1942 to 1945, he worked for the research and analysis division of the Office of Strategic Services. Flag Seal Nickname: Big Apple Location Location in the state of New York Government Counties (Boroughs) Bronx (The Bronx) New York (Manhattan) Queens (Queens) Kings (Brooklyn) Richmond (Staten Island) Mayor Michael Bloomberg (R) Geographical characteristics Area     City 1,214. ... Harvard University campus (old map) Harvard University (incorporated as The President and Fellows of Harvard College) is an accredited private university in Cambridge, Massachusetts. ... The Harvard Crimson, the breakfast daily of Harvard University, was founded in 1873. ... The London School of Economics and Political Science, often referred to as the London School of Economics or simply the LSE, is a specialist university and a constituent college of the federal University of London, located on Houghton Street in Central London, off the Aldwych and next to the Royal... In Karl Marxs Economics the transformation problem is the problem of finding a general rule to transform Marx’s values defined and used in Capitals Volume I into the competitive prices (or prices of production) of Capitals Volume III. This problem was first introduced by Marx himself... The Office of Strategic Services (OSS) was a United States intelligence agency formed during World War II. It was the wartime (but not direct) precursor to the Central Intelligence Agency. ...


Founder of Monthly Review

In 1949, he founded Monthly Review with Leo Huberman, with money from Skull and Bones member F. O. Matthiessen. It was a socialist magazine founded in the midst of the American Red Scare. In 1954, the New Hampshire Attorney General subpoenaed Sweezy and made inquiries into his political beliefs and associations, demanding to know the names of his political associates. Sweezy refused to comply, citing his First Amendment right of freedom of expression. He was cited for contempt of court, but the US Supreme Court overturned that citation in 1957. Leo Huberman (October 17, 1903 - November 9, 1968) was an American socialist who founded and co-edited Monthly Review. ... Emblem of the Skull and Bones society Skull and Bones is one of the secret societies based at Yale University, in New Haven, Connecticut. ... Francis Otto Matthiessen (1902 - April 1, 1950) was a historian and literary critic influential in the creation of the field of American studies. ... Political cartoon of the era depicting an anarchist attempting to destroy the Statue of Liberty. ... The first ten Amendments to the U.S. Constitution make up the Bill of Rights. ... The Supreme Court Building, Washington, D.C. The Supreme Court Building, Washington, D.C., (large image) The Supreme Court of the United States, located in Washington, D.C., is the highest court (see supreme court) in the United States; that is, it has ultimate judicial authority within the United States...


Monopoly Capital

In 1966, Sweezy published Monopoly Capital (ISBN 0853450730) with Paul Baran. The book set forth the idea of stagnation theory, also called secular stagnation. The main dilemma modern capitalism would face, they argued, would be how to sell the economic surpluses created by capital accumulation. Increases in marketing, defense spending and various forms of debt would tend to alleviate the falling rate of profit foreseen by Marx. However, they believed that these remedies to capital's difficulties were inherently limited and that monopoly capital would tend toward economic stagnation. This book is the cornerstone of Sweezy's contribution to Marxian economics. Paul A. Baran (1910 - 1964) was an American economist known for his Marxist views. ...


External links

Counterpunch can refer to: In traditional typography, a counterpunch is a type of punch used to create the negative space in or around a character. ... Ernest Mandel Ernest Ezra Mandel, also known by various pseudonyms such as Ernest Germain, Pierre Gousset, Henri Vallin, Walter etc. ...

References

  • Foster, John Bellamy. Paul Sweezy & Monopoly Capital (Pluto Press, Sterling, 2002).

Bibliography

  • Sweezy, Paul M. Monopoly and competition in the English coal trade, 1550-1850 (Greenwood Press, Westport, Conn., 1972, circa 1938).
  • Sweezy, Paul M. The theory of capitalist development (D. Dobson, London, 1946.)
  • Sweezy, Paul M. Socialism (McGraw-Hill Company, NY, 1949).
  • Sweezy, Paul M. The present as history: Reviews on capitalism & socialism. (1953, 1962).
  • Sweezy, Paul M. Modern capitalism and other essays (Monthly Review Press, 1972).
  • Sweezy, Paul M., et al. The transition from feudalism to capitalism (NLB, 1976).
  • Sweezy, Paul M. Post-revolutionary society: Essays (Monthly Review Press, 1980).
  • Sweezy, Paul M. Four lectures on Marxism (Monthly Review Press, 1981).
  • Paul M. Sweezy, "The Limits of Imperialism." Printed in Chilcote, Ronald H. (ed.) Imperialism: Theoretical directions (Humanity Books, NY, 2000).
  • Baran, Paul A. & Sweezy, Paul M. Monopoly capital: An essay on the American economic and social order (Monthly Review Press, 1966).
  • Sweezy, Paul M. & Bettelheim, Charles. On the transition to socialism (MRP, 1971).
  • Braverman, Harry (fwd. by Paul Sweezy). Labor and Monopoly Capital: The degradation of work in the Twentieth Century. (Monthly Review Press, 1974).
  • Sweezy, Paul & Huberman, L. (ed.) F.O. Matthiessen, 1902-1950 (S.N., NY, 1950).
  • Huberman, Leo & Sweezy, Paul M. Cuba: Anatomy of a Revolution (MRP, 1960).
  • Huberman, L. & Sweezy, Paul (ed.) Regis Debray & Latin Am. Revolu. (MRP, 1968).
  • Huberman, Leo, Sweezy, Paul M. Socialism in Cuba (Monthly Review Press, 1969).
  • Sweezy, Paul M. and Huberman, Leo. The Communist manifesto after 100 years — new translation by Paul M. Sweezy of Karl Marx's The Communist Manifesto and Friedrich Engels' Principles of Communism (Modern Reader, NY, 1964).
  • Sweezy, Paul M. and Huberman, Leo. Vietnam: the endless war: from Monthly Review, 1954-1970 (Monthly Review Press, 1970).
  • Sweezy, Paul M. & Magdoff, Harry. The dynamics of U.S. capitalism: Corporate structure, inflation, credit, gold, and the dollar (Monthly Review Press, 1972).
  • Sweezy, Paul M. & Magdoff, H. (ed.) Revolu. & counter-revolu. in Chile. (MRP, 1974)
  • Magdoff, H. & Sweezy, Paul M. The end of prosperity (Monhtly Review Press, 1977).
  • Magdoff, H. & Sweezy, Paul M. Deepening crisis of U.S. Capitalism (MRP, 1981.)
  • Magdoff, H. & Sweezy, Paul M. Stagnation and the financial explosion (MRP, 1987).
  • Magdoff, H. & Sweezy, Paul M. The irreversible crisis: Five essays (MRP, 1988).

  Results from FactBites:
 
Paul Sweezy - Wikipedia, the free encyclopedia (733 words)
Paul Marlor Sweezy (April 10, 1910 – February 27, 2004) was a Marxian economist and a founding editor of the magazine Monthly Review.
Sweezy was born in New York City, the son of a bank executive.
Sweezy refused to comply, citing his First Amendment right of freedom of expression.
  More results at FactBites »

 
 

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