On Mon, Nov 24, 2025 at 10:11 PM, Michael Meeropol wrote:

> 
> In Schumpeter's HISTORY OF ECONOMICS ANALYSIS he goes out of his way to
> praise Sweezy's THEORY OF CAPITALIST DEVELOPMENT --- though he complained
> that Sweezy was trying to "Keynesify Marx" and "Marxify Keynes" --- I
> always thought that was a great positive aspect of Sweezy's work

Schumpeter said that in a footnote:

> 
> 15 Paul M. Sweezy, The Theory of Capitalist Development (2nd ed., 1946).
> My 
> recommendation does not imply agreement with all of Sweezy’s
> interpretations, espe- 
> cially with his attempt to make a Keynesian of
> Marx. Attention is drawn to the well- 
> chosen entries in the bibliography,
> to which I have only one item to add: W. Lexis 
> [J. A. S. here inserted
> the title of Bohm-Bawerk’s criticism of Marx, Z um Abschluss 
> des
> Marxschen Systems (1896) — obviously a slip. He probably intended to refer
> to a 
> review article written by Lexis after the publication of vol. ni of
> Das Kapital , namely, 
> ‘The Concluding Volume of Marx’s “Capital” ’ in the
> Quarterly Journal of Econ- 
> omies October 1895]. The importance of
> Bortkiewicz’s contribution has been abun- 
> dantly emphasized in Sweezy’s
> text. 

In a different footnote, Schumpeter wrote:

> 
> 12 I have strongly recommended Sweezy’s Theory of Capitalist Development
> (1942) 
> as an admirable presentation of Marx’s (and most of the
> neo-Marxists’) economic 
> thought. The thing that calls for notice now is
> that Dr. Sweezy believes that the 
> economic theory there presented is
> actually usable theory ex visu of today and that 
> it is not only equal but
> superior to the technique used, for example, by Lange. Still 
> more
> remarkable, and something of a psychological riddle, is Mrs. Robinson’s
> Essay 
> on Marxian Economics (1942). On this, see Mr. Shove’s article,
> ‘Mrs. Robinson on 
> Marxian Economics,’ in the Economic Journal, April
> 1944.


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