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“If there is any virtue in the writing of this book, it springs from the sacrifices knowingly or unknowingly made by my two daughters, Kamala and Maya,” Donald J. Harris wrote in 1977 when he was an economics professor at Stanford University. “In return, it is dedicated to them.”

The book, “Capital Accumulation and Income Distribution,” is a 313-page critique of capitalism and its allegedly inherent flaws, including “income inequality,” “cyclical disturbances,” and “exploitation” of workers. “Drawing upon certain elements of Marxian theory,” the preface says, Harris approvingly cites the socialist nostrums of Karl Marx and his partner Friedrich Engels – as well as Vladimir Lenin, the founder of communist Russia – to make his case for an “alternative” economic model in America.

Originally published on api.realclear.com, part of the BLOX Digital Content Exchange.

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