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Schwarzschild, Agnes 1913, Rosa Luxemburg, Routledge,London and New York
Rosa Luxemburg has been known not only (perhaps even not so much) as an economic theoretician, but also as one of the leaders of the German Social Democratic Party and founder of the Social Democratic Party in the Kingdom of Poland. In non-communist socialist circles her political pamphlet criticising the Russian Revolution remains most popular. In the academic milieu the reception of Luxemburg’s economic works came rather late as they were written in Marxian (Marxist) language and deeply involved in the controversies amongst the socialists. The first English edition (1951) of her book The Accumulation of Capital was vindicated as one of the pioneering works of the effective demand theory and Joan Robinson’s introduction attempted to translate the main message of this Polish–German economist into the language of Keynesian economics.
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Kalinga Institute of Medical Sciences Pragativadi, Daily Odia News Paper KIIT University