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Rudolf Hilferding : Des Avancées Novatrices (Monnaie De Crédit, Barrières À L'Entrée…)

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  • Christian PALLOIX

Abstract

First, R. Hilferding use a theoretical Marxist device maked poorer. But a story which overestimates the role of the banks and the monopolies brings R. Hilferding to release starting assumptions and make new contributions unfortunately unknown: monopolies behaviour based on barriers at the entry, a production planning by the monopolies through fictitious price system, the tendency to differentiation of profit rates, the credit money as specific money of capitalism, the financial capital as 'conversion' moment... Nevertheless, the limits of the starting device don't allow him to build a new theoretical device coherent on capitalism

Suggested Citation

  • Christian PALLOIX, 2006. "Rudolf Hilferding : Des Avancées Novatrices (Monnaie De Crédit, Barrières À L'Entrée…)," Cahiers d’économie politique / Papers in Political Economy, L'Harmattan, issue 51, pages 265-285.
    • Handle: RePEc:cpo:journl:y:2006:i:51:p:265-285
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    More about this item

    JEL classification:

    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist
    • B24 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Socialist; Marxist; Scraffian
    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure

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