Abstract
Rudolf Hilferding entered the history of economic thought in the first place as the author of Finance Capital.1 In the general issues of economic theory, he regarded himself as Marx’s faithful student and popularizer. Marx’s Capital contained, in his view, a classical, comprehensive analysis of traditional capitalism, which should be complemented with the analysis of new phenomena stemming from the expansion of capitalist organizations.
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Notes
Here, we omit Hilferding’s exposition of the theory of monopoly prices, which is known from the basic political economy course. It is widely accepted that since Hilferding the theory of monopoly prices has not been significantly developed. Cf. Sweezy, P.M. (1962), The Theory of Capitalist Development, 4th edition, London: Dobson Books Ltd, chapter 15.
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Kowalik, T. (2014). Rudolf Hilferding’s Theory of Finance Capital. In: Rosa Luxemburg. Palgrave Studies in the History of Economic Thought. Palgrave Macmillan, London. https://doi.org/10.1057/9781137428349_10
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DOI: https://doi.org/10.1057/9781137428349_10
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-49139-1
Online ISBN: 978-1-137-42834-9
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