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The two works combined in this book represent the ideas of two of the best minds produced by Marxism in the twentieth century on imperialism and its place in the structure of capitalism. The publication of Rosa Luxemburg's The Accumulation of Capital in 1913 raised a storm in German Social Democracy, and indeed in international Marxist circles. Taking Marx as her starting point, she offers an independent and fiercely critical explanation of the economic and political consequences of capitalism in the context of the turbulent times in which she lived, reinterpreting events in the United States, Europe, China, Russia and the British Empire. Some Marxist critics felt that in trying to prove that capitalism could not function without imperialism, Rosa Luxemburg had erroneously constructed a model which proved the impossibility of capitalism itself. The most extensive discussion of Luxemburg's thesis was undertaken by Bukharin in 1924; his short book is included here.
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