The Economic Theory of the Leisure Class

  • Nikolai Bukharin: Defending Marxist Economics Against Marginalism

    Nikolai Bukharin’s The Economic Theory of the Leisure Class critiques bourgeois economics through a Marxist lens, defending the labor theory of value against marginal utility theory. He situates economic theories within class relations, arguing that value is a social relation rooted in labor. While rigorous, Bukharin’s work lacks direct political strategy connections.

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