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The Accumulation of Capital

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The Accumulation of Capital

1913 economics book by Rosa Luxemburg

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About The Accumulation of Capital

The Accumulation of Capital: A Contribution to an Economic Explanation of Imperialism is a 1913 book by the Marxist theorist Rosa Luxemburg. In it, Luxemburg critiques Karl Marx's theory of capitalist reproduction, arguing that capitalism requires access to non-capitalist markets and societies to solve the problem of realizing surplus value and to facilitate its expansion. She posited that this necessity for external markets drives capitalist imperialism, as advanced capitalist states are forced to violently conquer and absorb pre-capitalist areas of the world.

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Facts from Wikidata (CC0). Image by Verlag: Buchhandlung Vorwärts Paul Singer G.m.b.h via Wikimedia Commons (Public domain).