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The Economic Theory of the Leisure Class
Hardcover
PhilosophyEconomicsGeneral Political Science
ISBN13: 9781025618166
Publisher: Tradd Street Press
Published: Feb 14 2026
Pages: 226
Weight: 1.09
Height: 0.56 Width: 6.14 Depth: 9.21
Language: English
The Economic Theory of the Leisure Class is a foundational Marxist critique of marginal utility theory and the Austrian School of economics. Written by Nikolai Bukharin, this work provides a rigorous analysis of the rentier class-the segment of the bourgeoisie that subsists on interest and dividends rather than active participation in the production process. Bukharin systematically deconstructs the subjective value theories championed by economists such as Eugen von Böhm-Bawerk, arguing that their perspective reflects the decadent and unproductive worldview of the late capitalist elite.
By contrasting the individualistic approach of the marginalists with the social and historical methodology of Marxism, the book seeks to validate the labor theory of value and the necessity of structural economic transformation. This work remains a significant historical document for readers interested in the development of socialist thought, the history of economic theory, and the philosophical foundations of political economy. It serves as an intellectual defense of orthodox Marxism against the neoclassical synthesis of the early twentieth century, emphasizing the class-based nature of economic science and the inherent contradictions of the capitalist system.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.
This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.
As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
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