Professor John Hall
Journal of Economic Literature Classification Codes
D2, F1, L1, N4, P1
International Trade, Markets, Microeconomics, Production
This inquiry seeks to establish that both Rosa Luxemburg and Joan Robinson advanced ideas on the accumulation of capital. Related to their social status in their respective eras, each proposed their distinct ideas on the expansion of production and the accumulation of capital. Both scholars bring into consideration the alarming ways that a seemingly ceaseless expansion in turn calls for an expansion of a marketplace for generating sufficient levels of demand for output. These two authors offer historical examples drawn from around the globe, ranging from the commodification of land on the Indian subcontinent to the Opium Wars in China, and beyond.
Vistica, Brian. "Rosa Luxemburg and Joan Robinson on the Accumulation of Capital, Working Paper No. 34", Portland State University Economics Working Papers. 34. (15 June 2019) i + 14 pages.