Finance and industrial evolution: introductory notes on a key relationship for the capitalist accumulation.

This paper discusses the role of credit in the capitalist accumulation. It presents Hilferding’s analysis of the financing of corporations and of the role of stock exchange as an agent of the mobilization of capital. Theoretical and historical elements are deployed to support a conjecture about the changing relationship between fictitious and real capital and its relevance for the theoretical analysis of contemporary capitalism.

MoreLess

Year of publication:	2002-08
Authors:	Paula, João Antonio de ; Cerqueira, Hugo E. A. da Gama ; Albuquerque, Eduardo da Motta e
Institutions:	Centro de Desenvolvimento e Planejamento Regional (Cedeplar), Universidade Federal de Minas Gerais
Subject:	finance capital \| promoter’s profit \| fictitious capital \| Rudolf Hilferding

More details

Extent:	application/pdf
Series:	Textos para Discussão Cedeplar-UFMG. - ISSN 2318-2377.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Published in Econômica, 2001, vol. 3, no. 1. pp. 5-33. 23 pages
Classification:	B24 - Socialist; Marxist ; B50 - Current Heterodox Approaches. General ; G30 - Corporate Finance and Governance. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004968716