Pavel V. Maksakovsky (1900 – 2 November 1928) was a Russian and Soviet

economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...

. Maksakovsky was born in 1900 in Ilevo, in

Nizhny Novgorod Oblast Nizhny Novgorod Oblast (russian: link=no, Нижегородская область, ''Nizhegorodskaya oblast''), is a federal subjects of Russia, federal subject of Russia (an oblast). Its administrative center is the types of inhabited localiti ...

.Day, Richard B. "Translator's Introduction" in Maksakovsky, Pavel ''The Capitalist Cycle'' Haymarket: Chicago pg.x His father and brothers were metalworkers, but in 1912 their factory closed down. After four years working on the land, they moved to

Ekaterinoslav Dnipro, previously called Dnipropetrovsk from 1926 until May 2016, is Ukraine's fourth-largest city, with about one million inhabitants. It is located in the eastern part of Ukraine, southeast of the Ukrainian capital Kyiv on the Dnieper Rive ...

Ukraine Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian inv ...

. After the

Rada The Royal Academy of Dramatic Art (RADA; ) is a drama school in London, England, that provides vocational conservatoire training for theatre, film, television, and radio. It is based in the Bloomsbury area of Central London, close to the Senat ...

declared independence in 1917, Maksakovsky joined the underground resistance. He joined the

Bolshevik Party " Hymn of the Bolshevik Party" , headquarters = 4 Staraya Square, Moscow , general_secretary = Vladimir Lenin (first)Mikhail Gorbachev (last) , founded = , banned = , founder = Vladimir Lenin , newspaper ...

in 1918, volunteering with the

Red Army The Workers' and Peasants' Red Army (Russian: Рабо́че-крестья́нская Кра́сная армия),) often shortened to the Red Army, was the army and air force of the Russian Soviet Federative Socialist Republic and, after ...

when it reached Ekaterinoslav in 1919.Day, Richard B. "Translator's Introduction" in Maksakovsky, Pavel ''The Capitalist Cycle'' Haymarket: Chicago pg.xi He was captured by

Anton Denikin Anton Ivanovich Denikin (russian: Анто́н Ива́нович Дени́кин, link= ; 16 December Old_Style_and_New_Style_dates">O.S._4_December.html" ;"title="Old_Style_and_New_Style_dates.html" ;"title="nowiki/>Old Style and New St ...

White Army The White Army (russian: Белая армия, Belaya armiya) or White Guard (russian: Бѣлая гвардія/Белая гвардия, Belaya gvardiya, label=none), also referred to as the Whites or White Guardsmen (russian: Бѣлогв� ...

and sentenced to death, but managed to escape. From 1920 to 1924, Maksakovsky worked as an instructor at a Bolshevik party school in Sverdlovsk, Ukraine and briefly at the

Plekhanov Institute The Plekhanov Russian University of Economics (russian: Российский экономический университет имени Г. В. Плеханова) is a public research university in Moscow, Russia. It was founded in 1907 by ent ...

before he was invited to join the Institute of Red Professors in 1925. During this period, he suffered recurring bouts of illness, which ultimately led to his death at the age of 28 in 1928. His only known work, apart from an article published in the journal ''Bolshevik'' in 1928, is ''The Capitalist Cycle: An Essay on the Marxist Theory of the Cycle'', which was published posthumously in 1929 in 3.100 copies by the Communist Academy.Day, Richard B. "Translator's Introduction" in Maksakovsky, Pavel ''The Capitalist Cycle'' Haymarket: Chicago pg.ix An English translation and introduction by Richard B. Day at the

University of Toronto Mississauga The University of Toronto Mississauga (UTM), also known as U of T Mississauga, is one of the three campuses that make up the tri-campus system of the University of Toronto. Located in Mississauga, Ontario, Canada, the campus opened in 1967 as Eri ...

was published in ''

Historical Materialism Historical materialism is the term used to describe Karl Marx's theory of history. Marx locates historical change in the rise of class societies and the way humans labor together to make their livelihoods. For Marx and his lifetime collaborat ...

'' Volume 10, Issue 3 in 2002. The translation was later republished in hardcover by Brill Academic Publishers in 2004 and in paperback in 2009 by Haymarket Books. A Swedish translation of the essay was published in the journal ''Fronesis'' in 2014.Maksakovskij, Pavel V., "Teorin om cyklisk expansion – överproduktionens mognad", ''Fronesis'' no. 46-47. Translation: Katarina Zolotova-Lindqvist (from the Russian original). http://fronesis.nu/nummer/kris/ A brief description of the book is in

Crisis theory Crisis theory, concerning the causes and consequences of the tendency for the rate of profit to fall in a capitalist system, is associated with Marxian critique of political economy, and was further popularised through Marxist economics. Hi ...

References

{{DEFAULTSORT:Maksakovsky, Pavel 1900 births 1928 deaths Soviet economists Russian Marxists Bolsheviks