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    20th Century · English

    The Law of Accumulation and Breakdown of the Capitalist System

    Henryk Grossman

    The Law of Accumulation and Breakdown of the Capitalist System (1929), by Henryk Grossman. Translated by Jairus Banaji. From the Marxists Internet Archive.

    Chapters
    31
    Variants
    31
    Genre
    Political Economy
    Difficulty
    Advanced

    Chapters

    1. 01Introductionprose
    2. 021. The Downfall of Capitalism in the Existing Literatureprose
    3. 03How Kautsky finally abandoned Marx’s theory of accumulation and of breakdownprose
    4. 042. The Law of Capitalist Breakdownprose
    5. 05Introduction (2)prose
    6. 06Increases in the rate of profit through the expansion of productivityprose
    7. 07Figure 4prose
    8. 08Reducing the costs of variable capital through increases in productivityprose
    9. 09Shortening the turnover time and its impact on the rate of surplus valueprose
    10. 10The additional money capital required for an expanded scale of productionprose
    11. 11The conflict between use value and exchange valueprose
    12. 12The emergence of new spheres of production with a lower organic composition of capitalprose
    13. 13The struggle to abolish groundrentprose
    14. 14The struggle to eliminate commercial profitprose
    15. 15The economic function of ‘third persons’prose
    16. 16Expanding the scale of production on the existing technological: basis: simple accumulationprose
    17. 17The periodic devaluation of capital on the accumulation processprose
    18. 18The expansion of share capitalprose
    19. 19The accumulation of capital and the problem of populationprose
    20. 20Introduction: The economic function of imperialismprose
    21. 21The importance of foreign trade for the increasing multiplicity of use valuesprose
    22. 22Expansion of the market as a means of reducing the costs of production and circulationprose
    23. 23Foreign trade and the sale of commodities at prices of production deviating from valuesprose
    24. 24The international character of economic cyclesprose
    25. 25Foreign trade and world monopoliesprose
    26. 26Earlier presentations of the questionprose
    27. 27Overaccumulation and export of capital in Marx’s conceptionprose
    28. 28Absolute overaccumulation of capital with the size of population and technology held constantprose
    29. 29Absolute overaccumulation with a growing population and changing technology (increases in the organic composition of capprose
    30. 30An inductive verificationprose
    31. 31The result: intensified international struggle for investment outlets, transformations in the relationship of finance caprose