Henryk Grossman Works, Volume 3:
The Law of Accumulation and Breakdown of the Capitalist System, Being also a Theory of Crises

Henryk Grossman Works, Volume 3: The Law of Accumulation and Breakdown of the Capitalist System, Being also a Theory of Crises

by Edited by Rick Kuhn

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Edited by Rick Kuhn


The Law of Accumulation and Breakdown of the Capitalist System, Being also a Theory of Crisis
was Henryk Grossmans most important, influential, and also most denounced work. As official Communist economic thought was petrifying, to comply with the needs of the Stalinist state in Russia, Grossmans book challenged the developing dogma. Combining Marx's method and insights with a comprehensive assessment of the very substantial literature on crisis theory, Grossman demonstrated how the capitalist system, even under supposedly ideal conditions, will break downeconomically. Grossman’s recovery of Marxs explanations for capitalism’s crises and tendency to break down is as timely as ever, and thanks to Jairus Banaji and Rick Kuhn, this wonderful, first full English translation is now available.

The Law of Accumulation is the third of four volumes of Grossman's works.