Abstract:
The article offers an analytical reconstruction of the criticism that O. Bauer leveled at R. Luxemburg's thesis about the accumulation of capital: the rise in the organic composition of capital requires capital movements between industries. The true meaning of this criticism then appears: by disregarding the short period competition between capitals, one cannot study the long period trends in capitalist society
JEL-codes:B14 (search for similar items in EconPapers) Date: 2006