Book Reviews : Review of Steven Hymer's The International Operations of National Firms: A Study of Direct Foreign Investment

movement. While that might have been true at the time of Luxemburg’s writing (1903) it is certainly not true today. An understanding of the inner physiology of capitalism, of the cycle of exchange, production, circulation and accumulation in the reproduction of capital are crucial to the revolutionary movement in the formulation of its strategy against capitalism in its present crisis state. As Koshimura’s book is probably one of the best accessible treatments of that part of Marxist theory which has suffered popular neglect it would indeed be a pity if people did not pick it up because of its foreboding mathematical format. Actually, the book can be read without reference to the algebra with very little loss.