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Paul Marlor Sweezy

editor , Publisher

Paul Marlor SWEEZY, economist in the field of General Economic Theory; Economic History; Economic Systems. David A. Wells Prize, Harvard University, 1938; Executive Committee, American Economic Association, 1973-1975.


Sweezy, Paul Marlor was born on April 10, 1910 in New York City. Son of Everett Benjamin and Caroline (Wilson) Sweezy.


Bachelor, Harvard University, 1931. Doctor of Philosophy, Harvard University, 1937. Doctor of Letters (honoris causa), Jawaharlal Nehru University, 1983.


With economics department Harvard University, 1934-1942. Former editor Monthly Review. Visiting professor Cornell University, Stanford University, New School Social Research, University California, Davis, Yale University, Hosei University, Tokyo, University Manchester, England.

Lecturer Cambridge (England) University, 1971. President Monthly Review Foundation, Inc.


  • David A. Wells Prize, Harvard University, 1938. Executive Committee, American Economic Association, 1973-1975.



I became a Marxist during a year of study at London School of Economies and Political Science, London, United Kingdom in

3 when I became convinced that mainstream economics of the kind I had been taught at Harvard had little to contribute toward understanding the major events and trends of the twentieth century. On returning to the United States, I discovered that North-American Marxism was practically nonexistent. In these circumstances, I acquired what I later described as ‘a mission in life’,

e., to do whatever I could to make Marxism an integral and respected part of the intellectual life of the country — or, in other terms, to contribute to establishing a serious and authentic North-American brand of Marxism.

I pursued this mission by means of teaching, writing and publishing — since 1949 through the medium of Monthly Review magazine and Monthly Review Press publishing house. During this period I have been closely associated with a distinguished group of colleagues, all of us together being sometimes referred to as a ‘Monthly Review School1, (Leo Huberman, Paul A. Baran, Harry Braverman and Harry Magdoff). We have, I think, played an important part in establishing Marxism on a firm foundation in the United States.

We have also of course sought to advance Marxist social science through theoretical and empirical studies. My own dis

tinctive contributions have tended to be mainly in two areas: the functioning of capitalism in its latest (monopoly, imperialist, global) stage, and the transition between social systems (feudalism to capitalism, and capitalism to socialism).


Served with Army of the United States, 1942-1946.


Married Zirel Dowd, June 17, 1961. Children by previous marriage: Samuel Everett, Elizabeth MacDougall, Martha Adams.