Achille Loria was an Italian political economist whose work is characterized by an original deterministic theory of economic development. This theory, influenced by a wide range of thinkers and based on research into landholding, posits that the relative scarcity of land leads to the subjugation of some members of society by others, a mechanism that operates differently at various stages of development. Loria, regarded as a forerunner of socio-legal studies, was also among the earliest critics of Marx's ideas. His numerous books, many translated into foreign languages, indirectly influenced the interpretation of American history.
Loria and Keasbey delve into the economic principles underpinning society, covering topics such as production, exchange, and distribution. An essential read for economics students and professionals.
In The Economic Synthesis, Achille Loria provides a groundbreaking analysis of the laws governing income distribution in capitalist societies. Drawing on the works of Adam Smith, Karl Marx, and other theorists, Loria argues that the accumulation of capital inevitably leads to the concentration of wealth in the hands of a few, while leaving the majority of workers in a state of poverty. An essential read for anyone interested in economics, politics, and social justice.
The book focuses on the revival of classic literature from the early 1900s and earlier, highlighting the scarcity and rising costs of these works. It emphasizes the commitment to republishing these timeless pieces in affordable, high-quality editions that preserve the original text and artwork, making them accessible to contemporary readers.