In his Finance Capital (Das Finanzkapital, published in 1910 in Vienna) Rudolf Hilferding, the Austro-German Marxist economist, on the basis of an increasing concentration and centralisation of financial capital in large corporations, cartels, trusts and banks concluded that industrial capitalism had been replaced by financial capitalism.

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Too Weak to Regulate?

  • Brigita Schmögnerová

摘要

In his Finance Capital (Das Finanzkapital, published in 1910 in Vienna) Rudolf Hilferding, the Austro-German Marxist economist, on the basis of an increasing concentration and centralisation of financial capital in large corporations, cartels, trusts and banks concluded that industrial capitalism had been replaced by financial capitalism.