Paul Sweezy

Paul Sweezy was an influential American economist and writer, best known for his contributions to Marxist economic theory and his role in promoting heterodox economics. He co-founded the magazine "Monthly Review," which provided critical analysis of capitalism and its impact on society. Sweezy's work emphasized the importance of understanding economic structures beyond mainstream models, focusing on issues like monopoly, imperialism, and systemic inequality. His book, "Monopoly Capital," co-authored with Paul Baran, argued that monopoly capitalism was a distinct phase of capitalism that shaped economic and social dynamics in the 20th century. Sweezy's ideas continue to resonate in discussions of economic justice and power.