Rosa Luxemburg's accumulation of capital

Abstract

No Marxist has written more about “accumulation of capital” theoretically than Rosa Luxemburg and the problems she analyzed have been almost always swept under the bed. With two major issues at stake, criticism of Marx's Capital within Marxism and the character of the dynamics of capitalism, the paper first reviews her 450-page The Accumulation of Capital. It then analyzes her post-humous critics, including Bukharin and Grossmann, council communists represented by Pannekoek and Mattick, ‘independent’ Marxists including Sweezy and Rosdolsky among others, and the Hegelian Marxist Dunayevskaya. The paper finds Luxemburg's work very important and is appreciative of Joan Robinson's reading of it.

Citation

Zarembka, P. (2002), "Rosa Luxemburg's accumulation of capital", Lehmann, J.M. (Ed.) Bringing Capitalism Back for Critique by Social Theory (Current Perspectives in Social Theory, Vol. 21), Emerald Group Publishing Limited, Leeds, pp. 3-45. https://doi.org/10.1016/S0278-1204(02)80004-4