Henryk Grossman Works, Volume 3

The Law of Accumulation and Breakdown of the Capitalist System, Being also a Theory of Crisis was Henryk Grossmans most important, influential, and also most denounced work. As official Communist economic thought was petrifying, to comply with the needs of the Stalinist state in Russia, Grossmans book challenged the developing dogma. Combining Marx's method and insights with a comprehensive assessment of the very substantial literature on crisis theory, Grossman demonstrated how the capitalist system, even under supposedly ideal conditions, will break down economically. Grossmans recovery of Marxs explanations for capitalisms crises and tendency to break down is as timely as ever, and thanks to Jairus Banaji and Rick Kuhn, this wonderful, first full English translation is now available. The Law of Accumulation is the third of four volumes of Grossman's works.