The Advanced Capitalist System: A Revisionist View

The Advanced Capitalist System: A Revisionist View

The Advanced Capitalist System: A Revisionist View

The Advanced Capitalist System: A Revisionist View

Excerpt

In the fall of 1978 I was a Fulbright-Hays lecturer on "Theoretical Problems of American Political Economy" at Moscow State University. I resided in Moscow's Lenin Hills for three months. I was asked to plan one two-hour lecture each week, but the usual adjustment and scheduling problems, as well as the week that most Soviet citizens take off to celebrate the Revolution, meant that the series actually included only eight lectures. In addition, I lectured before the Political Economy kafedra (to which I was attached) early in the semester.

The subjects of my lectures were essentially the same ones discussed in my Economic Principles course at Hofstra University, and during the first meeting in the modern new Social Sciences Building—still under construction—I passed out the same class notes I use in the United States. Although I knew most of the students were comparatively advanced aspiranty, or graduate students, these notes were intended for any who might have a weak background in "bourgeois economics." As it turned out, many students were specialists studying various aspects of the capitalist system or the U. S. economy, and as a result of their broad backgrounds, the questioning was often sophisticated and critical.

As a long-time student of the Soviet system, I was able to illustrate some of the points made with examples from Soviet economic history. Wherever possible, I tried to couch my arguments to some extent in a Marxist framework and to provide examples more relevant to Soviet students. But, outside of this, I used essentially the same material and approach as at Hofstra.

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