Language: Russian
Published by Obelisk, Berlin, 1924
Seller: Sounds of Forest, Tallinn, Estonia
First Edition
Soft cover. Condition: Near Fine. 1st Edition. Octavo 24 x 16 cm. Wrappers, 263, [7] pp. Near fine condition: covers show slight soiling, yellowing along the edges, and some edge wear, repaired upper end of the spine, foxing and fingerprints on the fisrt several pages. The German economist Professor Robert Liefmann (18741941) is known as the first researcher of cartels and business organizations, analyzing their economic impact, as well as a proponent of capitalism. Nevertheless, during the NEP era, three of his works were translated into Russian (this one even twice). Current book is a study of the evolution of entrepreneurial activity in a capitalist economy. The author traces the development of economic structures from traditional domestic and craft-based production to modern forms of business, such as joint-stock companies, cooperatives, and state enterprises. Liefmann examines in detail the differences between small and large enterprises, analyzing their strengths and weaknesses. He highlights the growing role of financial capital and the stock market, emphasizing the impact of exchange mechanisms on resource distribution. The book also addresses the issue of monopolization, where entrepreneurial associations gradually eliminate competition and increase capital concentration. A special focus is given to the social aspects of entrepreneurship. With the rise of large-scale industry, wage labor becomes the foundation of the economy, and the working class emerges as a significant force shaping social processes. While the author acknowledges existing social contradictions, he remains committed to defending the capitalist system. The work reflects Liefmann's perspective, which favors capitalism while recognizing its flaws. He envisions the future of the economy in the development of mixed forms of management that combine both private and public sectors. The book came out in the Russian émigré publishing house "Obelisk" located in Berlin. It was founded in 1922 by historian Nestor Alexandrovich Kotlyarevsky (18631925) and philosopher Lev Platonovich Karsavin (18821952). The owner was Abram Saulovich Kagan. It published moral-philosophical and historical literature, as well as works on economics and physics-mathematics. It operated until 1940.