The Accumulation of Capital

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Excerpt from The Accumulation of Capital Luxemburg, neglected by Marxist and academic economists alike, offers a theory of the dynamic development of capitalism which is of the greatest interest. The book is one of considerable difficulty (apart from the vivid historical chapters), and to those accustomed only to academic analysis the difficulty is rendered well-nigh insurmountable by the Marxist terminology in which it is expressed. The purpose of this preface is to provide a glos sary of terms, and to search for the main thread of the argument (leaving the historical illustrations to Speak for themselves) and set it out In Simpler language. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.