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On the Laws of Capitalism

Bibliographic Data

ID9202579
AuthorsJohn Bellamy Foster (0000-0001-7418-3004), Paul M Sweezy
Year2011
Volume63
Issue1
Pages1
Publication date2011-05-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueMonthly Review (JOURNAL)
Journal identifiersISSN: 0027-0520 • E-ISSN: 0027-0520
PublisherMonthly Review Foundation (PUBLISHER)
DOI10.14452/mr-063-01-2011-05_1
OpenAlexW2011763017
LanguageEN
Citations received3

In February 2011, while I was drafting what was to become "Monopoly and Competition in Twenty-First Century Capitalism," written with Robert W. McChesney and R. Jamil Jonna (Monthly Review, April 2011), I decided to take a look at Paul Sweezy's copy of the original 1942 edition of Joseph Schumpeter's Capitalism, Socialism, and Democracy, which I had in my possession. In doing so, I came across a folded, two-page document, "The Laws of Capitalism," tucked into the pages. It was written in ink in Sweezy's very compact handwriting. In the upper-right-hand corner, Sweezy had jotted (clearly much later) in pencil: "(A debate with J.A.S. before the Harvard Graduate Students' Economics Club, Littauer Center, probably 1946 or 1947.)" The document consisted of a detailed outline, in full sentences, of a contribution to a debate. I immediately realized that this was Sweezy's opening talk in the now legendary Sweezy-Schumpeter debate. Until that moment, I, along with everybody else, assumed that no detailed records of the actual talks had survivedThis article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website

Capitalism · Economic history · Economics · Linguistics · Market economy · Monopoly · Political science · Politics · Possession (linguistics) · Classics · Economic Theory and Institutions · History · Law · Philosophy · Political Economy and Marxism

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Unique citing works3
Citations per year0,27
Citation span2015 - 2023 (9)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 3

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