Karl Marx and the Close of His System - Böhm-Bawerk Criticism of Marx - On the Correction of Marx's Fundamental Theoretical Construction in the Third Volume of Capital

The Great Economist Takes On Karl Marx, And His Fundamental Failure To Understand The Workings Of The Capital Market And Its Relationship To Value. The Criticism Was Devastating, So Much So That A Leading Marxist Responded, And Thus Herein Is Rudolf Hilferding's Response. It Is Very Weak, As You Will Undoubtedly Notice. The Book Is Introduced By The Socialist Paul Sweezy, And He Too Tries To Rescue The Marxists From The Corner Into Which Böhm-bawerk Drives Them. So This Book Makes For Great Drama, And It Is A Pleasure To See The Austrian Come Out On Top Despite Every Effort By The Compiler Of The Book To Prevent It! Cover......Page 2 Contents......Page 4 Editor's Introduction......Page 6 Introduction to Boehm-Bawerk......Page 34 I. Theory of Value......Page 40 II. Theory of the Average Rate of Profit and of the Price of Production......Page 50 III. Question of the Contradiction......Page 59 IV. The Error in the Marxian System......Page 95 V. Wener Sombart's Apology......Page 133 Boehm-Bawerk's Criticism of Marx......Page 150 Preface......Page 152 I. Value as an Economic Category......Page 154 II. Value and Average Profit......Page 180 III. The Subjectivist Outlook......Page 215 Appendix by Ladislaus von Bortkiewicz......Page 228 Index of Names......Page 254