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By Tadeusz Kowalik (auth.)

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4. The fall in the relative value of agricultural products translates into the contraction of total demand. 5. The increase in the tax burden on peasants facilitates capital accumulation but, on the other hand, limits their purchasing power. 6. It is increasingly difficult to capture foreign markets due to a fierce competition from advanced capitalist countries. 10 Emphasizing the unstable character of Russian capitalism while all other European countries move forward rapidly, Danielson was convinced that Russia could be satisfied neither with traditional handicraft production nor with artificially promoted and supported capitalism which would develop, violating the interests of the entire population.

He demonstrated a scheme of expanded reproduction in conditions of constant capitalist consumption and of workers’ consumption (wages) falling by 25 per cent a year. In this case, numerical examples also prove that falling workers’ demand is entirely compensated by the rise in demand for capital goods. Hence, ‘we do not encounter anywhere any difficulties in the realisation of the social product’, everything runs as smoothly as if it was not the economy that constituted means to fulfil human needs but vice versa.

It is even difficult to find agreement on the question of what constitutes the leading argument of Rosa Luxemburg’s Accumulation. The formal aspect of such rapidly written work, its internal logic, consistency as well as the method and success of fulfilling the objectives outlined by the author are particularly interesting. We turn our attention to some of these issues. The Origin of the Problem 19 The full title of the book is The Accumulation of Capital: A Contribution to an Economic Explanation of Imperialism.

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