Hilferding finance capital summary


1996, Rudolf Hilferding : theory and politics of democratic socialism / F. Peter Wagner Humanities Press Atlantic Highlands, N.J Wikipedia Citation Please see Wikipedia's template documentation for further citation fields that may be required. A fairly detailed description of Rudolf Hilferding's book "Finance Capital", originally published in 1910, along with some discussion of how it stands up today. In Rudolf Hilferding …the way Marx expected, Hilferding’s Finance Capital (1910) pointed to the role of banking and finance, arguing that the banks’ increasing influence over industry led to monopoly and cartels and through them to economic imperialism and war. Hilferding explained that the policy of finance capital which it pursues to secure external markets for sales, capital investment, access to raw materials and so on is the policy of imperialism. Moreover, on the basis of the recent developments in the growth of monopoly capital and faced with the internal contradictions of this growth ... 3.3 Summary 72 4. Hobson 73 4.1 Under-consumption 75 4.2 Monopoly and capital export 77 4.3 The politics of imperialism 82 4.4 Summary 86 5. Hilferding 88 5.1 Finance capital 89 5.2 Protectionism and economic territory 95 5.3 Capital export 100 5.4 Imperialism 104 5.5 Summary 108 6. Bukharin and Lenin 109 6.1 Bukharin 111 6.2 Lenin 116