Hilferding Financial Capital Theory And Enlightenment

Hilferding,Rudolf's book?financial capital?,is the important bridge from Marx's classical capitalism critical theory transition to a critical theory of modern capitalism critical theory.In the book,Hilferding put the German Banks as the research object of the time.Describes the latest economic phenomenon of capitalist development in the social context.He believes that the characteristics mainly in the concentrated process.This process is first reflected in the presence of the cartel and the trust,thereby "abandoning free competition".Followed by the relationship between the bank and the capital of the industry more closely.Because of this relationship,The form of capital becomes more advanced and abstract,That is financial capital.From the theoretical analysis of the operation of financial capital systematically,It is necessary to analyze the economic phenomenon of many financial capital,and recearch the relationship between bank capital and other capital,the basic form of Monetary Capital and Production Capital,and then related to the role of credit and the nature.To clarify the above questions,First of all to analyze the essence and role of money.Money from the classical value of the role,Turning to modern media.Promote the evolution of modern capital form.One of the core points of the capitalist economy is credit,which is the basis for the formation of financial capital.From the vertical perspective,the modern capital of the production process is the bank capital from the industrial capital generated,then Back to the industrial capital.Horizontal point of view,is the company's shareholding and monopoly of the development.The role and development of these two processes,making the gradual formation of financial capital,Making the gradual formation of financial capital,stock exchanges and commodity exchanges also generated follow by.But the development of capitalist economy,and can not eliminate the disadvantages and harm,but increased the competition and the crisis.The financial capital of modern society is very different from that of Xifa Ting,which is mainly embodied in the fact that financial capital is no longer independent of the real economy.Thus,the capitalist economy today shows that the virtual economy is expanding,the real economy is gradually shrinking,the expansion of the scope of loans,the state debt crisis,wealth and two different stages of differentiation and other adverse trends.And financial capital has penetrated into the Western countries within the scope of the regime,the outbreak of the financial crisis,has shown that capitalism if the lack of correct social interests,is hopeless.Research on the financial capital theory of Hilferding,Help us to the capital of the modern form and the development process of capitalism have a deeper understanding of the stage.On the analysis of the current global crisis,has important theoretical significance and practical effects.