{"product_id":"finance-capital-isbn-9781804299142","title":"Finance Capital","description":"\u003cb\u003eNew translation of a crucial study of modern capitalism, famously used by Lenin as his basis for analyzing imperialism.\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eThis is a new translation by Ben Fowkes of the classic book by the twentieth century German socialist leader Rudolf Hilferding, first published in 1910.\u003cbr\u003e\u003cbr\u003e\u003ci\u003eFinance Capital\u003c\/i\u003e offers an unusual Marxist pathway towards an understanding of macroeconomics and financialisation.  But the study also illuminates the background to the First World War (and indeed wars in general). It was famously used by Lenin as  the basis for his analysis of imperialism. Hilferding’s three-way comparison between the US, UK and German systems of finance and economics is given extra zest by his concentration on specific firms, banks, and banking systems. He pursues capital through its manifold configurations, always stressing the social meaning of individuals’ actions. He demonstrates how the industrial, commercial and financial sectors of the economy became increasingly intertwined during the late 19th century, showing the impact of changes in the financial sphere on the policies of the European powers towards the non-European world, including colonial expansionism in Africa and Asia.\u003cbr\u003e\u003cbr\u003eHilferding’s book ends with a moving exhortation to his readers to end wars by ending the rule of finance capital. This didn’t happen, but his work continues to have relevance over a hundred years later.Preface\u003cbr\u003e\u003cbr\u003eTranslator’s Note\u003cbr\u003e\u003cbr\u003ePART ONE: MONEY AND CREDIT\u003cbr\u003e1 The Necessity of Money\u003cbr\u003e2 Money in the Process of Circulation\u003cbr\u003e3 Money as Means of Payment. Credit Money\u003cbr\u003e4 Money in the Circulation of Industrial Capital\u003cbr\u003e5 The Banks and Industrial Credit\u003cbr\u003e6 The Rate of Interest\u003cbr\u003e\u003cbr\u003ePART TWO: THE MOBILISATION OF CAPITAL. FICTITIOUS CAPITAL\u003cbr\u003e7 The Joint-Stock Company\u003cbr\u003e8 The Stock Exchange\u003cbr\u003e9 The Commodity Exchange\u003cbr\u003e10 Bank Capital and Profit\u003cbr\u003e\u003cbr\u003ePART THREE: FINANCE CAPITAL AND THE RESTRICTION OF FREE COMPETITION\u003cbr\u003e11 Obstacles to the Equalisation of Rates of Profit: How They Are Overcome\u003cbr\u003e12 Cartels and Trusts\u003cbr\u003e13 Capitalist Monopolies and Trade\u003cbr\u003e14 Capitalist Monopolies and the Banks. The Transformation of Capital into Finance Capital\u003cbr\u003e15 The Determination of Prices by Capitalist Monopolies and the Historical Tendency of Finance Capital\u003cbr\u003e\u003cbr\u003ePART FOUR: FINANCE CAPITAL AND CRISES\u003cbr\u003e16 General Conditions for a Crisis\u003cbr\u003e17 The Causes of Crises\u003cbr\u003e18 Changes in Credit Circumstances during the Business Cycle\u003cbr\u003e19 Money Capital and Productive Capital during a Depression\u003cbr\u003e20 Changes in the Character of a Crisis. Cartels and Crises\u003cbr\u003e\u003cbr\u003ePART FIVE: THE ECONOMIC POLICY OF FINANCE CAPITAL\u003cbr\u003e21 The Transformation of Commercial Policy\u003cbr\u003e22 The Export of Capital and the Struggle for Economic Territories\u003cbr\u003e23 Finance Capital and Class\u003cbr\u003e24 The Struggle over the Labour Contract\u003cbr\u003e25 The Proletariat and ImperialismRudolf Hilferding (10 August 1877 – 11 February 1941) was an Austrian-born Marxist economist, socialist theorist, politician and the chief theoretician for the Social Democratic Party of Germany (SPD) during the Weimar Republic, being almost universally recognized as the SPD's foremost theoretician of the twentieth century. He was also a physician. He was born in Vienna, where he received a doctorate having studied medicine. After becoming a leading journalist for the SPD, he participated in the November Revolution in Germany and was Finance Minister of Germany in 1923 and from 1928 to 1929. In 1933 he fled into exile, living in Zurich and then Paris, where he died in custody of the Gestapo in 1941. He was the author of many works, but \u003ci\u003eFinance Capital\u003c\/i\u003e is the one he is most famous for.","brand":"Verso","offers":[{"title":"Default Title","offer_id":48233169158373,"sku":"NP9781804299142","price":44.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781804299142.jpg?v=1767726878","url":"https:\/\/k12savings.com\/es\/products\/finance-capital-isbn-9781804299142","provider":"K12savings","version":"1.0","type":"link"}