Introduction to Capital. Introduction to volume 1 (1976)
“Capital, explaining the origins of the capitalist mode of production, points towards the inevitable historical decline and fall of this same social system. An economic theory based upon the historical relativity of every economic system, its strict limitation in time, tactlessly reminds Messrs the capitalists, their hangers-on and their apologists that capitalism itself is a product of history. It will perish in due course as it once was born. A new social form of economic organization will then take the place of the capitalist one: it will function according to other laws than those which govern the capitalist economy.”
Introduction to Capital. Introduction to volume 1 (1976)
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Ernest Mandel 11
Belgian economist and Marxist philosopher 1923–1995Related quotes
The consumers are the sovereign people. The capitalists, the entrepreneurs, and the farmers are the people’s mandatories. If they do not obey, if they fail to produce, at the lowest possible cost, what the consumers are asking for, they lose their office. Their task is service to the consumer. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities.
Source: Bureaucracy (1944), Chapter I: Profit Management, § 1: The Operation of The Market Mechanism
Speech in Potsdam (13 October 1926), quoted in Peter Longerich, Heinrich Himmler (Oxford: Oxford University Press, 2012), pp. 92-93.
1920s
“Historical, political economic systems theory.”
The Marxian approach to system theorizing clearly points us to sociologically important phenomena: the material conditions of social life, stratification and social class, conflict, the reproduction as well as transformation of capitalist systems, the conditions that affect group mobilization and political power, and the ways ideas functions as ideologies.
Source: Systems theories (2006), p. 2.
"The Union of Soviet Socialist Republics is a Capitalist Society" (1941), in Russia: From Proletarian Revolution to State-Capitalist Counter-Revolution (2017), p. 210
Imperialism, The Highest Stage of Capitalism (1917)
Source: Imperialism, The Highest Stage of Capitalism (1917), Chapter Seven
Source: The Political Economy Of Growth (1957), Chapter Seven, Towards A Morphology Of Backwardness, II, p. 244
Lenin as Philosopher (1938), Chapter 8