Theories of the New Capitalism

Authors

  • Paul M. Sweezy

DOI:

https://doi.org/10.14452/MR-011-03-04-1959-07-08_1

Keywords:

Political Economy

Abstract

Few would quarrel with the proposition that capitalism is a highly dynamic, rapidly changing social order. Marx and Engels put the point at its strongest when they wrote in the Communist Manifesto: The bourgeoisie cannot exist without constantly revolutionizing the instruments of production, and thereby the relations of production, and with them the whole relations of society…. Constant revolutionizing of production, uninterrupted disturbance of all social conditions, everlasting uncertainty and agitation distinguish the bourgeois epoch from all earlier ones. All fixed, fast frozen relations…are swept away, all new-formed ones become antiquated before they can ossify.

Published

1959-06-30

Issue

Section

Articles