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The Marxian Concept of Capital and the Soviet Experience: Essay in the Critique of Political Economy (Praeger Series in Political Economy)


This work establishes the uniqueness of the Marxian category of Capital on the basis of the original texts by Marx. The study has been neglected in the existing literature. The wage-labor relationship is shown to be necessary and sufficient for the existence of capital(ism). Individual ownership is shown to be a particular form of capitalist private property which can also take the form of collective ownership. The author argues the capitalist character of the Soviet economy.