Finance capital

J. Tomlinson

pp. 188-192

in: John Eatwell, Murray Milgate, Peter Newman (eds), Marxian economics, Basingstoke, Palgrave Macmillan, 1990

Abstract

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.

Cited authors

Marx Karl