PAUL SWEEZY



Paul Sweezy was a great teacher with an open and inventive mind, the

very example of a lucid and courageous militant life. A friend.




Paul Sweezy was one of those marxists for whom marxism did not stop at


Marx but started from him. In Vol. II of Das Kapital, by putting to

work the key concept that total output comprises two productive

sectors--investment goods ("Department I") and consumption

goods ("Department II")--Marx began the undertaking of a rigorous

analysis of the process of capital accumulation. He shone a light on

the contradictions within the system forced by the class struggle,

whose effects are expressed through inconsistencies in the

dynamics of expanded reproduction. Marx thus offered a

framework for analysis of the uneven development of

global capitalism.



In the years after Marx's death, these leads to continue the working out

of the theoretical understanding of really existing capitalism gave rise

to inventive critical conceptual work from Rosa Luxemburg, Franz

Bortkiewicz, and those analysts of imperialism on whom Lenin

based his own analysis. But later, the simplistic dogmatism imposed

in the Third International was to call a halt to the necessary task

of tirelessly continuing the work of Marx. Paul Sweezy is to be found

among those exceptional thinkers who rejected that false discipline.

That fact made him one of the main precursors of future social

thought and renewal of marxism. By his analysis of the problem

of absorption of surplus-product he began a necessary renewal

of the theory of contemporary monopoly capitalism. Above and

beyond that, by linking this analysis closely to that of imperialism

he placed the whole theory of capitalism squarely within its

real global dimensions.



Paul Sweezy was a clear-sighted and brave militant. None better than

he to make the whole world understand both the true nature of the

American ruling class's imperialist program and those specific features

of its political culture which, ever since its birth and the conquest

of its West, have shaped that ruling class's mental outlook. Such

a work of unsparing critique required untamable courage like

that which Paul Sweezy demonstrated in McCarthyite times.



The best tribute we can pay to his memory is to continue

his brave and clear-sighted work with the same courage

and lucidity.

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