The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Finance Capital

  • J. Tomlinson
Reference work entry


The concept of finance capital encapsulates the most theoretically significant attempt by the orthodox Marxism of the pre-1914 period to come to terms with the developments of capitalism in the late 19th century. After the Bolshevik Revolution the concept was much less frequently employed. In part this demise reflected the breakdown of orthodox Marxism as a relatively unified but developing body of doctrine, but it also reflected the inherent problems of the concept.

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  1. Hilferding, R. 1908. Finanz Kapital. Translated into English, with an introduction by T.B. Bottomore. London: Routledge & Kegan Paul, 1981.Google Scholar
  2. Hussain, A. 1976. Hilferding’s Finance Capital. Bulletin of the Conference of Socialist Economists.Google Scholar
  3. Marx, K. 1894. Capital, vol. III. Ed. F. Engels. London: Lawrence & Wishart, 1968.Google Scholar

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • J. Tomlinson
    • 1
  1. 1.