Periodizations of capitalism


Periodizations of capitalism

A periodization of capitalism seeks to distinguish stages of development that help understanding of features of capitalism through time. The most well-known periodizations that have been proposed distinguish these stages as:

#Early or concurrential/ monopoly/ state monopoly capitalism (Sweezy etc.)
#Free trade/ monopoly/ finance capitalism (Hilferding etc.)
#Early capitalism (primitive accumulation)/ colonialism/ imperialism (Hobson, Lenin, Bukharin)
#Extensive stage/ intensive stage/ (late capitalism) (Aglietta)

The Marxist periodization of capitalism into the stages: [Rutherford, Donald. Routledge Dictionary of Economics. pages 70] agricultural capitalism, merchant capitalism, industrial capitalism and state capitalism.

Another stage is merchant capitalism, industrial capitalism, finance capitalism, welfare capitalism, state monopoly capitalism and global capitalism. [Dunning, John H. Making Globalization Good. pages 181]

Another theory is merchant capitalism, industrial and finance capitalism, and global capitalism. [Dunning, John H. global capitalism at bay? pages 49]

Many theories suggests the basic stages of merchant capitalism, industrial capitalism and finance capitalism. [Davis Jerome. Capitalism and Its Culture. page 12]

References

*Aglietta, Michel, "Régulation et crises du capitalisme", Kalmann-Lévy, Paris, 1976

ee also

*Nikolai Bukharin
*Rudolf Hilferding
*John A. Hobson
*Ernest Mandel
*Paul Sweezy

External links

* [http://www.marxists.org/archive/lenin/works/1916/imp-hsc/ Imperialism: The Highest Stage of Capitalism by V.I. Lenin]
* [http://www.yale.edu/iss/Hobson-Imperialism-Yale-ISS-Cain.pdf J.A. Hobson's Imperialism: A Study: A Centennial Retrospective by Professor Peter Cain]


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Capitalism — Liberal market economy redirects here. For the ideology behind this economic system, see Economic liberalism. Free enterprise redirects here. For the 1999 film, see Free Enterprise (film). For other uses, see Capitalism (disambiguation). Part of… …   Wikipedia

  • Anarcho-capitalism — Part of the Politics series on Anarchism …   Wikipedia

  • Criticism of capitalism — This article lists arguments against capitalism, For a summary of ideologies opposed to capitalism, see Anti capitalism. Part of a series on Capitalism …   Wikipedia

  • Late capitalism — is a term used by neo Marxists to refer to capitalism from about 1945 onwards, with the implication that it is a historically limited stage rather than an eternal feature of all future human society. Postwar German sociologists needed a term to… …   Wikipedia

  • Keynesian economics — Economics …   Wikipedia

  • Privatization — Part of a series on Capitalism Concepts …   Wikipedia

  • Deregulation — Part of a series on Capitalism Concepts …   Wikipedia

  • Consumerism — Consumerist redirects here. For the blog of that name, see The Consumerist. An electronics store in a shopping mall in Jakarta. Part of a se …   Wikipedia

  • Private highway — Part of a series on Capitalism Concepts …   Wikipedia

  • Extensive stage — Extensive stage, or by its full name, predominantly extensive stage of accumulation is pertains at one of the periodizations of capitalism, as proposed by Aglietta (1976). It is the first stage of capitalism and thus in it there is plenty of room …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.