The Accumulation of Capital
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Narrated by:
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Louise Barrett
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By:
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Rosa Luxemburg
About this listen
Rosa Luxemburg (1870-1919) was one of the most able and remarkable female figures in the fight for socialism and the demolition of capitalism from the last decade of the 19th century to her death just after World War One.
Born in Zamosc, a small town in Russian Poland, she rose to become a highly educated and highly principled economist and activist, working with leading figures of the left, including Lenin. And she died for her principles. After spending most of the war in prison for her activism and uncompromising left-wing views, she became, on release, active in the political turmoil in Germany, her country of adoption, working fearlessly for her cause.
Following her involvement in the abortive Berlin uprising in January 1919, she was on her way to incarceration again when she was beaten to death by soldiers belonging to the extreme right. Her body was thrown into a canal. But her writings - and in particular her important critique of Marxist economics, The Accumulation of Capital - have ensured the survival of her memory and influence into the 21st century.
The Accumulation of Capital was published in 1913. In it, she set out to take the views of Karl Marx further by arguing that capitalism can only exist when there are non-capitalist economies to exploit. She postulates that capitalism would stagnate were there no non-capitalist countries with economic resources to assimilate by a cruel, exploitative process of destabilising natural and peasant economies.
Her aim was to overcome the status quo which allowed such exploitation. Luxemburg wrote the book in a fever of excitement, but her academic training - she won a doctorate in law and economics in Zurich - encouraged her, in fact enabled her, not just to produce a polemic but to step back and survey the wide field of economics.
In pursuing this undertaking, she considers the writings of Karl Marx in a respectful, even admiring manner but criticises the flaws and limitations as she saw them. Interestingly, after critically appraising analyses of the problem of reproduction by the key figures of Adam Smith and François Quesnay, she considers succeeding writers, positioning them in terms of sides, for example Sismondi and Malthus versus Say, Ricardo and McCulloch. Luxemburg does the same with her contemporaries: Struve, Bulgakov, Baranovski versus Vorontov and Nikolayen.
She concludes the book with Section III, 'The Historical Conditions of Accumulation', finally focusing on the role of militarism as a province of accumulation, which could not be more relevant as the third decade of the 21st century approaches.
Though Luxemburg has been criticised as presenting arguments that are in danger of becoming circular, she remains a respected figure in post-Marxist economics. And her role as a champion for the cause, especially in view of her tragically early demise, and her authorship of The Accumulation of Capital, a post-Marxist stepping stone, ensure her place in economic history.
Agnes Schwarzchild’s translation of The Accumulation of Capital is fluently read for Ukemi Audiobooks by Louise Barrett.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
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Most excellent book!
- By Harish G. Naik on 03-02-19
By: Jesse Norman
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The Sovereign Individual
- Mastering the Transition to the Information Age
- By: James Dale Davidson, Peter Thiel - preface, William Rees-Mogg
- Narrated by: Michael David Axtell
- Length: 19 hrs and 20 mins
- Unabridged
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Two renowned investment advisors and authors of the best seller The Great Reckoning bring to light both currents of disaster and the potential for prosperity and renewal in the face of radical changes in human history as we move into the next century. The Sovereign Individual details strategies necessary for adapting financially to the next phase of Western civilization.
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Unfortunately distopian for mosty of humanity
- By Phil on 09-29-20
By: James Dale Davidson, and others
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Radical Markets
- Uprooting Capitalism and Democracy for a Just Society
- By: Eric A. Posner, E. Glen Weyl
- Narrated by: James Conlan
- Length: 9 hrs and 7 mins
- Unabridged
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Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking - and pretty much all conventional thinking about markets, both for and against - on its head. The book reveals bold new ways to organize markets for the good of everyone.
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Terrible Reader ruins this book
- By Brian W. Veit on 10-30-18
By: Eric A. Posner, and others
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The Constitution of Liberty
- The Definitive Edition
- By: Ronald Hamowy - Edited by, F. A. Hayek
- Narrated by: Mike Chamberlain
- Length: 20 hrs and 7 mins
- Unabridged
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The Constitution of Liberty is considered Hayek's classic statement on the ideals of freedom and liberty, ideals that he believes have guided - and must continue to guide - the growth of Western civilization. Here, Hayek defends the principles of a free society, casting a skeptical eye on the growth of the welfare state and examining the challenges to freedom posed by an ever-expanding government.
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very detailed and important
- By Big Kyle 570 on 06-17-20
By: Ronald Hamowy - Edited by, and others
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The Economic Consequences of the Peace
- By: John Maynard Keynes
- Narrated by: Jonathan Keeble
- Length: 8 hrs and 17 mins
- Unabridged
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The Economic Consequences of the Peace (1919) was one of the most important documents to come out of World War I – specifically the period of the Armistice and the subsequent settlement negotiations. And, a century on, it remains of particular relevance to our times – an uncompromising and forthright analysis of how international diplomacy can be suffused by personalities, prejudices, personal ambition and outright, uncontrolled feelings of revenge.
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Work of Genius
- By philip on 12-24-20
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Money
- The Unauthorized Biography
- By: Felix Martin
- Narrated by: Nicholas Guy Smith
- Length: 12 hrs and 37 mins
- Unabridged
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From ancient currency to Adam Smith, from the gold standard to shadow banking and the Great Recession: a sweeping historical epic that traces the development and evolution of one of humankind’s greatest inventions.
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Difficult to imagine how it could be worse
- By J. M. Batista on 09-19-17
By: Felix Martin
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The Great Degeneration
- How Institutions Decay and Economies Die
- By: Niall Ferguson
- Narrated by: Paul Slack
- Length: 4 hrs and 18 mins
- Unabridged
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Best-selling author and world-renowned historian Niall Ferguson has won widespread acclaim for thought-provoking works such as Civilization and High Financier. The Great Degeneration tackles nothing less than the decline of Western civilization. Ferguson posits that slowing growth, outrageous debt, and antisocial behavior are contributing to the erosion of the West’s once rock-solid foundations. Ferguson excavates the causes and shows how heroic leadership and radical reform are needed to right the course.
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Superb as always!
- By Ivanhoe on 08-28-17
By: Niall Ferguson
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The Wealth and Poverty of Nations
- Why Some Are So Rich and Some So Poor
- By: David S. Landes
- Narrated by: Walter Dixon
- Length: 21 hrs and 47 mins
- Unabridged
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The Wealth and Poverty of Nations is David S. Landes' acclaimed, best-selling exploration of one of the most contentious and hotly debated questions of our time: Why do some nations achieve economic success while others remain mired in poverty? The answer, as Landes definitively illustrates, is a complex interplay of cultural mores and historical circumstance.
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A detailed explanation
- By Kaarlis on 12-07-21
By: David S. Landes
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How Much is Enough?
- Money and the Good Life
- By: Edward Skidelsky
- Narrated by: Clay Teunis
- Length: 8 hrs and 53 mins
- Unabridged
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What constitutes the good life? What is the true value of money? Why do we work such long hours merely to acquire greater wealth? These are some of the questions that many asked themselves when the financial system crashed in 2008. This book tackles such questions head-on.The authors begin with the great economist John Maynard Keynes. In 1930 Keynes predicted that, within a century, per capita income would steadily rise, people’s basic needs would be met, and no one would have to work more than fifteen hours a week.
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Not what I expected at all!
- By Chi on 05-22-23
By: Edward Skidelsky
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Postcapitalism
- A Guide to Our Future
- By: Paul Mason
- Narrated by: Gildart Jackson
- Length: 13 hrs and 42 mins
- Unabridged
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Over the past two centuries or so, capitalism has undergone profound changes - economic cycles that veer from boom to bust - from which it has always emerged transformed and strengthened. Surveying this turbulent history, Paul Mason's Postcapitalism argues that we are on the brink of a change so big and so profound that this time capitalism itself, the immensely complex system within which entire societies function, will mutate into something wholly new.
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some good ideas...
- By "ge-ko" on 06-19-16
By: Paul Mason
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Free to Choose
- A Personal Statement
- By: Milton Friedman, Rose Friedman
- Narrated by: James Adams
- Length: 12 hrs and 15 mins
- Unabridged
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Milton Friedman and his wife, Rose, teamed up to write this most convincing and readable guide, which illustrates the crucial link between Adam Smith's capitalism and the free society. They show how freedom has been eroded and prosperity undermined through the rapid growth of governmental agencies, laws, and regulations.
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Fantastic
- By Erik on 01-21-08
By: Milton Friedman, and others
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Owning the Earth
- The Transforming History of Land Ownership
- By: Andro Linklater
- Narrated by: J. Paul Guimont
- Length: 17 hrs and 9 mins
- Unabridged
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The history and evolution of land ownership is a fascinating chronicle in the history of civilization, offering unexpected insights about how various forms of democracy and capitalism developed, as well as a revealing analysis of a future where the Earth must sustain nine billion lives. Seen through the eyes of remarkable individuals - Chinese emperors; German peasants; the 17th century English surveyor William Petty, who first saw the connection between private property and free-market capitalism.
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Interesting
- By S. Olsen on 06-30-15
By: Andro Linklater
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What listeners say about The Accumulation of Capital
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- Mohamed Abdou
- 08-12-24
Rosa is a great economist.
Very detailed analysis on capital accumulations. A far sighted work that is so relevant today more than when it was written. The narrator has done a great job. It’s a highly recommended book to read if you intend to understand the workings of capitalism today.
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- Amazon Customer
- 11-20-22
Rosa is amazing
Yet another socialist predicts our current state of late capitalism with astonishing accuracy. Taking Marx further and with more data than he did.
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- William Norris
- 07-19-22
very interesting
Well read, there is a lot of figures and numbers which are a bit difficult to keep up with in audio format, if you are familiar with Marx's work then it is an interesting and enlightening addition to that moving forward into the twentieth century.
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2 people found this helpful