Finance Capital and Militarism as Pillars of Contemporary Capitalism - Université de Versailles Saint-Quentin-en-Yvelines Accéder directement au contenu
Chapitre D'ouvrage Année : 2020

Finance Capital and Militarism as Pillars of Contemporary Capitalism

Résumé

This chapter analyses two pillars of theories of imperialism, namely finance capital and militarism, and their place in contemporary capitalism. It looks to the writings of Hilferding and Luxemburg, two major contributors to the debate. In a critical reading of Hilferding, the author explores the double face of capital defined as social relations and incarnated into capital both in productive capital and capital-property (property rights). He offers a definition of contemporary finance capital as the intertwining of monopoly industrial, merchant, real estate, land and bank capital under the control of capital-property. He then addresses the relationships between finance capital and militarism. He contrasts Hilferding’s and Luxemburg’s approach to this issue, provides historical evidence of the connections between finance capital and militarism, and concludes on the relevance of Luxemburg’s analysis of militarism with regard to present-day contemporary capitalism.
Fichier non déposé

Dates et versions

hal-04488449 , version 1 (04-03-2024)

Identifiants

Citer

Claude Serfati. Finance Capital and Militarism as Pillars of Contemporary Capitalism. Rudolf Hilferding, Springer International Publishing, pp.185-217, 2020, Luxemburg International Studies in Political Economy, ⟨10.1007/978-3-030-47344-0_8⟩. ⟨hal-04488449⟩
7 Consultations
0 Téléchargements

Altmetric

Partager

Gmail Mastodon Facebook X LinkedIn More