Advertisement

Capitalist Mode of Production and Monopolies

  • John Milios
  • Dimitris P. Sotiropoulos
Chapter
  • 204 Downloads

Abstract

As stated in the previous chapters, the idea of a ‘final stage’ of capitalism, shaped by the formation of monopolistic enterprises that eliminate capitalist competition, was first introduced into Marxist literature by Rudolf Hilferding’s Finance Capital (1909),1 a book strongly influenced by many of the ideas put forward by J. A. Hobson in his Imperialism: A Study (1901). Hilferding has always been regarded as a major Marxist theoretician of his time who further developed Marxist theory by extending consideration to certain socio-economic developments of capitalism that had not made their appearance during Marx’s lifetime: the formation of monopolies and the evolution of capitalism into a new, ‘ultimate’ stage.

Keywords

Social Capital Capitalist Economy Capitalist Production Capitalist System Capitalist Relation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© John Milios and Dimitris P. Sotiropoulos 2009

Authors and Affiliations

  • John Milios
  • Dimitris P. Sotiropoulos

There are no affiliations available

Personalised recommendations