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unusual facts about Paul Sweezy


Ladislaus Bortkiewicz

This "correction of the Marxian system" has been the great contribution of Bortkiewicz to classical and Marxian economics but it was completely unnoticed until Paul Sweezy's 1942 book "Theory of Capitalist Development".


Dependency theory

Matias Vernengo, a University of Utah economist, identifies two main streams in dependency theory: the Latin American Structuralist, typified by the work of Prebisch, Celso Furtado and Anibal Pinto at the United Nations Economic Commission for Latin America (ECLAC, or, in Spanish, CEPAL); and the American Marxist, developed by Paul A. Baran, Paul Sweezy, and Andre Gunder Frank.

Ellen Meiksins Wood

From 1997 to 2000, Wood was an editor, along with Harry Magdoff and Paul Sweezy, of Monthly Review, the independent socialist magazine.

John Bellamy Foster

Along with Robert McChesney, who had since their days at Evergreen College become a leading scholar of the political economy of the media, Foster joined Paul Sweezy and Harry Magdoff as a co-editor of Monthly Review in 2000.

Additionally, Foster has worked to expand Sweezy and Baran’s theory of monopoly capital in light of the current financially led phase of capitalism, which he terms "monopoly-finance Capital." In this context he has written several articles for Monthly Review on the financialization of capitalism and financial crisis of 2007-08.

Who Rules America?

In his introduction, Domhoff writes that the book was inspired by the work of four men: sociologists E. Digby Baltzell, C. Wright Mills, economist Paul Sweezy, and political scientist Robert A. Dahl.


see also