Rosa Luxemburg maintained that the capitalist system can keep up its rate of investment (and therefore its profits) only so long as it is expanding geographically.
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Chapter III, Interest and Profits, p. 50 (confer Karl Marx, Das Kapital, Buch II, Chapter XX, p. 474)Joan Robinson
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One thing which is striking in Malthus's theory is his insistence on contradictions and conflicts in the capitalist system. The system is shown not to be self-adjusting. Unless a large class of unproductive consumers was maintained, periodic over-production and stagnation would inevitably occur. For the first time, in English economic theory at any rate, the possibility of crises arising from causes inherent in the capitalist system was admitted.
Eric Roll
A passion for truth made Rosa Luxemburg recoil from any dogmatic thought. In a period when Stalinism has largely turned Marxism into a dogma, spreading desolation in the field of ideas, Rosa Luxemburg's writings are invigorating and life-giving. Nothing was more intolerable to her than bowing down to "infallible authorities". As a real disciple of Marx she was able to think and act independently of her master.
Rosa Luxemburg
I suggest that the hon. gentleman may be a good corporation lawyer, but he is slipping badly in his history. The capitalist system did not produce the machine age; the machine age produced the capitalist system. The material prosperity that the world has enjoyed for the last seventy-five years or one hundred years has been due to the introduction of power; steam power, then electric power and the internal combustion engine. The capitalist system or the free enterprise system - the terms are synonymous and interchangeable - was the product of the power age. The capitalist system did not produce the power age.
Tommy Douglas
It is the rate of investment which governs the rate of saving, and not vice versa.
Joan Robinson
Franz Mehring, the biographer of Marx, did not exaggerate when he called Rosa Luxemburg the best brain after Marx. But she did not contribute her brain alone to the working-class movement; she gave everything she had — her heart, her passion, her strong will, her very life.
Rosa Luxemburg
Robinson, Joan
Robinson, Kim Stanley
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