An Introduction to Marxist Economics by George Catephores

By George Catephores

This article offers an trouble-free exposition of the elemental ideas of Marxist economics from the imperative rules of Marx himself via to the differing purposes and reassessments made through next generations of Marxian economists. even if basically meant for undergraduates and postgraduates following classes in Marxist economics, its transparent, non-mathematical remedy makes it appropriate for college kids of alternative disciplines.

George Catephores is financial Adviser to the top Minister of Greece and was once formerly Senior Lecturer in Economics at collage university, London

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Wheat and other grains are following suit. Under these circumstances, as the greater part of the regular commercial circle has already been run through by British trade, it may safely be augured that the Chinese revolution will throw the spark into the overloaded mine of the present industrial system and cause the explosion of the long-prepared general REVOLUTION IN CHINA AND IN EUROPE 9 crisis, which, spreading abroad, will be closely followed by political revolutions o� the Continent. It would be a curious spectacle, that of China sending disorder into the Western World while the Western powers, by English, French and American war-steamers, are conveying "order" to Shanghai, Nanking, and the mouths of the Great Canal.

This applies no less to the revolution of 1789 than to that of 1848. It is true, not only that we every day behold more threatening symptoms of conflict between the ruling powers and their subjects, between the State and society, between the various classes; but also the conflict of the existing powers among each other gradually reaching that hight where the sword must be drawn, and the ultima ratio of princes be recurred to. In the European capitals, every day brings dispatches big with universal war, vanishing under the dispatches of the following day, bearing the assurance of peace for a week or so.

Most of the articles are reproduced in their entirety; in some cases, Marx may have treated more than one topic in a column, and I have reproduced only the portion relevant to the section of this volume in which it has been placed. In still other cases, editorial cuts have been made for clarity and brevity. An ellipsis in square brackets indicates where I have made a cut; any other ellipses are in the original essays. As noted above, the editors of the Tribune were inconsistent about how Marx's dispatches were reproduced in the paper.

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