RUDOLF HILFERDING: DES AVANCÉES NOVATRICES (MONNAIE DE CRÉDIT, BARRIÈRES À L'ENTRÉE…)

Christian Palloix

Cahiers d’économie politique / Papers in Political Economy, 2006, issue 51, 265-285

Abstract: First, R. Hilferding use a theoretical Marxist device maked poorer. But a story which overestimates the role of the banks and the monopolies brings R. Hilferding to release starting assumptions and make new contributions unfortunately unknown: monopolies behaviour based on barriers at the entry, a production planning by the monopolies through fictitious price system, the tendency to differentiation of profit rates, the credit money as specific money of capitalism, the financial capital as 'conversion' moment... Nevertheless, the limits of the starting device don't allow him to build a new theoretical device coherent on capitalism

JEL-codes: B14 B24 B51 D23 D43 E41 E51 L15 L16 (search for similar items in EconPapers)
Date: 2006
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