Archivo de la etiqueta: Rosa Luxemburgo

Finance and the realization problem in Rosa Luxemburg: a ‘circuitist’ reappraisal – Riccardo Bellfiore and Marco Passarella

Article showing that Rosa Luxemburg’s analysis of capitalist accumulation is framed within a ‘circuitist’ macroeconomic reading of capitalism as a monetary production economy

The aim of this chapter is to show that Rosa Luxemburg’s analysis of capitalist accumulation is framed within a ‘circuitist’ macroeconomic reading of capitalism as a monetary production economy. The strengths and limits of her approach are to be found elsewhere than suggested by usual criticisms, especially those advocated by Marxist authors. Rosa Luxemburg cannot be reduced to the uncertain theoretical status of an ‘under-consumptionist’. On the contrary, she presents a clear (although incomplete) picture of the macro-monetary and sequential working of the capitalist process.

This chapter is organized as follows. The next section examines Luxemburg’s comments on how the enlarged reproduction scheme is introduced in volume II of Marx’s Capital. The third, fourth, and fifth
sections summarize, first, the orthodox attack by Bukharin, and then the more sympathetic interpretations provided by Michał Kalecki and Joan Robinson. The sixth and seventh sections emphasize the affinities and differences of Luxemburg’s circuitist perspective with the contemporary theory of the monetary circuit. The eighth section concentrates on the problem of the monetization of profits and interests. Some concluding remarks are provided in the last section. Seguir leyendo Finance and the realization problem in Rosa Luxemburg: a ‘circuitist’ reappraisal – Riccardo Bellfiore and Marco Passarella

Rosa Luxemburg’s political economy


Tony Cliff

The Accumulation of Capital

During the years 1906-13 Rosa Luxemburg lectured on political economy at a German Social Democratic Party school of activists. While doing so she prepared a book on Marxian economics entitled Introduction to Political Economy. When about to conclude the basic draft she met with an unexpected difficulty:

I could not succeed in depicting the total process of capitalist production in all its practical relations and with its objective historical limitations with sufficient clarity. Closer examination of the matter then convinced me that it was a question of rather more than the mere art of representation, and that a problem remained to be solved which is connected with the theoretical matter of Volume II of Marx’s Capital and at the same time closely connected with present-day imperialist politics and their economic roots.

In this way Rosa Luxemburg came to write her major theoretical work, The Accumulation of Capital: A Contribution to an Economic Explanation of Imperialism (Berlin, 1913). The book is not at all easy to follow, especially for anyone not conversant with Marx’s Capital. At the same time, without doubt, Rosa Luxemburg’s contribution, whether one agrees with it or not, is one of the most, if not the most, important and original contributions to Marxian economic doctrine since Capital. Seguir leyendo Rosa Luxemburg’s political economy

Rosa Luxemburg película dirigida por Margarethe von Trotta, 1986


La libertad sólo para los partidarios del gobierno, sólo para los miembros de un partido, por numerosos que ellos sean, no es libertad. La libertad es siempre libertad para el que piensa diferente.
Rosa Luxemburgo
Sinopsis: Con gran rigor histórico, narra un retrato de la líder socialista Rosa Luxemburg, desde fines del siglo XIX hasta su muerte en 1919. El guión de cuatro partes y un prólogo presenta a Rosa durante prisión en Wronke, en 1917. La primera parte retrocede a fines del siglo pasado y comienzos del actual. Rosa Luxemburgo se halla al principio de su carrera como periodista de cuestiones políticas y militante del partido socialista. Más que el éxito profesional, desea ser una mujer al lado de Leo Jogiches, su amante y compañero de lucha. Luego de una breve estadía en Varsovia, adonde acude Rosa para prestar su apoyo a la primera Revolución Rusa, se ve detenida y encarcelada por este motivo, hasta que los compañeros del Partido Socialista alemán obtienen su rescate. En 1906, regresa a Berlín. A partir de ese momento, su historia es narrada en forma cronológica hasta su muerte en enero de 1916. Estas informaciones históricas acerca de la revolucionaria Rosa Luxemburgo constituyen una parte importante en el film. Pero igual importancia posee la descripción del mundo de esta mujer.
Datos filmográficos:
Director: Margarethe von Trotta Actores: Barbara Sukowa, Daniel Olbrychski, Otto Sander, Adelheid Arndt, Jürgen Holtz, Doris Schade, Hannes Jaenicke, Jan Biczycki, Karin Baal, Winfried Glatzeder, Regina Lemnitz, Barbara Lass, Dayna Drozdek, Henryk Baranowski, Patrizia Lazreg. Género: Biográfica País: Checoslovaquia, Alemania Oriental. Año: 1986 Idioma: Alemán con subtítulos en Español Incrustados Duración: 114 Minutos

Solicitud de ayuda para publicar la obra completa de Rosa Luxemburgo


Dear Friends,

We are writing to ask you to assist us in the effort to publish the Complete Works of Rosa Luxemburg, which will bring the contributions of one of the most creative thinkers and activists of modern radicalism alive for our times.

The 14-volume Complete Works will contain everything Luxemburg ever wrote—all of her books, essays, pamphlets, essays, articles, letters, and manuscripts. Most of these writings—as much as 80 per cent—have never before appeared in English, and some will be published for the first time anywhere. New English translations will be provided for her works that have been published previously.

The project is being published by Verso Books with the support of the Rosa Luxemburg Foundation (RLS) in Berlin. Although the RLS has provided important assistance, it cannot provide the full cost of translation and editing. We are therefore appealing to you to help us obtain additional funding to bring this project to fruition.

We urgently need $30,000 to fund the next volume in the series (so far we have raised $19,000 towards that goal). Tax-deductible donations can be sent to the newly-established Toledo Translation Fund—named after the twelfth- and thirteenth- century school of translators renowned for its translations from Arabic, Greek and Hebrew texts that helped pave the way for the Renaissance. All funds sent to the Toledo Fund for this project will be exclusively used to cover the cost of translating and publishing The Complete Works of Rosa Luxemburg.

We have so far issued (in 2011) a companion volume, The Letters of Rosa Luxemburg, which is the most comprehensive English-language collection of her letters ever published. It received widespread acclaim in such publications as The London Review of Books, The Nation, Atlantic Monthly, The Guardian, and Book Forum. In early 2012 the first volme of the Complete Works will appear, entitled Economic Writings I. It will contain the first full English translation of one of her most important books, Introduction to Political Economy, as well as eight recently discovered manuscripts on the history of ancient, medieval, and early modern societies, Marx’s Capital, and the causes and consequences of capitalist crises.

You can make a contribution by going directly to and filling out the online form for donations to The Complete Works of Rosa Luxemburg. Your help will be deeply appreciated!

If you are not in the position to contribute financially, we hope you can still collaborate in the project by working on translation, editing, and helping to publicize the forthcoming volumes in the series. We also hope that you can forward this message to others who may be interested in the project.

Sincerely Yours,

Peter Hudis, General Editor, The Complete Works of Rosa Luxemburg
Paul Le Blanc, Editorial Board, the Complete Works
Susan Weissman, Editorial Board, the Complete Works
William Pelz, Editorial Board, the Complete Works
Axel Fair-Schulz, Editorial Board, the Complete Works
Lea Haro, , Editorial Board, the Complete Works

Published in

In the Steps of Rosa Luxemburg

Selected Writings of Paul Levi

Paul Levi. Edited and introduced by David Fernbach

Paul Levi remains one of the most interesting and controversial figures in the early history of the Communist movement. As leader of the KPD after the murder of Rosa Luxemburg and Karl Liebknecht, he successfully built up a party of a third of a million members, but by 1921 Comintern pressure for ‘Bolshevisation’ forced Levi’s resignation and expulsion. Until his early death in 1930 he remained ‘a revolutionary socialist of the Rosa Luxemburg school’ (Carl von Ossietsky), and was described by Albert Einstein as ‘one of the wisest, most just and courageous persons I have come across’. The first English edition of Levi’s writings fills a long-standing gap in the documents of German Communism.

Biographical note
David Fernbach, studied at London School of Economics. Freelance writer, editor and translator. Publications include the three-volume edition of Karl Marx’s Political Writings (Penguin 1973-4, reissued Verso 2010), and The Spiral Path: a gay contribution to human survival (1981). Translations include Marx’s Capital Volumes Two and Three, and works by Georg Lukacs, Rudolf Bahro, Boris Groys, Nicos Poulantzas, Pierre Bourdieu, Alain Badiou and Jacques Rancière.

People interested in Communist history from either an academic or an activist perspective.

Table of contents


Part One: Leading the KPD
Address to the Founding Congress of the KPD
Letter to Lenin (1919)
The Munich Experience: An Opposing View
The Political Situation and the KPD (October 1919)
The Lessons of the Hungarian Revolution
The World-Situation and the German Revolution
The Beginning of the Crisis in the Communist Party and the International
Letter to Loriot

Part Two: The March Action
Our Path: Against Putschism
What Is the Crime? The March Action or Criticising It?
Letter to Lenin (1921)
The Demands of the Kommunistische Arbeitsgemeinschaft

Part Three: The Soviet Question
Letter to Clara Zetkin
Introduction to Rosa Luxemburg’s pamphlet The Russian Revolution
Introduction to Trotsky, The Lessons of October
The Retreat from Leninism
After Ten Years
Approaching the End

Part Four: The German Republic
The Murder of Erzberger
The Needs of the Hour
Why We Are Joining the United Social-Democratic Party
The Assassination of Rathenau
The Situation after Rathenau’s Death
The Reich and the Workers
The Defenders of the Republic
After the Oath