DOCSLIB.ORG

Marxian and Non-Marxian Foundations of Rudolf Hilferdings

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Marxian and Non-Marxian Foundations of Rudolf Hilferding’s Finance Capital＊ Jan Greitens Abstract: Finance Capital, written in 1910 by Rudolf Hilferding, is normally understood to be a Marxian work about financial systems, and banks in particular. Because Hilferding was a close friend of his mentor, Karl Kautsky, it is seen as a contribution to the Re- visionist Debate within the German Social Democratic Party at the beginning of the 20th century. But this view does not do justice to Hilferding’s approach to and objec- tives for Finance Capital. Hilferding took up many ideas from Marxian and Non- Marxian authors like Parvus, Otto Bauer, John A. Hobson, Ferdinand Tönnies, and authors of the emerging corporate finance literature. It is this broad influence that dif- ferentiates Hilferding’s work from other socialist writings at that time. JEL Classifications: B 14, B 19, B 31. as shown in his money, credit, and bank the- I The Theory of Finance Capital ories. The second tendency is the increased In 1910, Rudolf Hilferding published his ma- concentration taking place in the economy, jor work, Finance Capital. With this text, for which Hilferding’s cartel theory offers an Hilferding succeeded in creating an inspiring explanation. He completes his theoretical book that initiated much debate about the foundation by bringing together these move- power of banks. Hilferding sought to analyze ments in his theory of “finance capital”; he capitalism’s development during his time and then applies the results to the business cycle, to integrate his findings into Marxist theory. imperialism, and contemporary political Finance Capital presents a cohesive the- questions. ory in which the topics covered are built up The text is framed by Hilferding’s idea of one upon another. He begins by describing society’s transformation from capitalist anar- the trend of an increased importance being chy to socialism with an organized economy. put on the financial sphere, especially banks, Hilferding’s idea of Finance Capital is based ＊ Most of the findings presented here have also been published in the German language in: Greitens, J. 2012. Finanzkapital und Finanzsysteme. Marburg: Metropolis. The History of Economic Thought, Vol. 55, No. 1, 2013. Ⓒ The Japanese Society for the History of Eco- nomic Thought. GREITENS: MARXIAN AND NON-MARXIAN FOUNDATIONS OF RUDOLF HILFERDING’S FINANCE CAPITAL 19 on a stage model in which capitalism first ticle Karl Marx and the Close of His System, supersedes the previous economic order. in which he criticized the theories of Marx This early competitive capitalism is analyzed and pointed out the transformation problem, and explained by Marx. But before the so- since the solution proposed in the third vol- cialism phase can begin, capitalism must ex- ume of Capital（ 1894） did not provide a perience a second phase in which it modifies sufficient explanation. No later than 1902, itself. Hilferding wrote his anti-critique, Böhm- Bawerk’s Marx Criticism, and sent it to Karl II The Creation of Finance Capital Kautsky on April 23, 1902, asking for it to be Rudolf Hilferding was born on August 11, published; however the request was denied. 1877, in Vienna. In 1893 he joined the Kautsky said this was due to the essay’s “Sozialistischer Studentenbund” （Socialist length. Nevertheless, Kautsky encouraged Student Organization）, where he became ac- Hilferding to continue his Marxist studies quainted with Karl Renner, Max Adler and （IISG, Karl Kautsky Papers, K D XII 580）. Otto Bauer. Here Hilferding was exposed to From this time on, a long and close rela- the theories of Karl Marx and Immanuel tionship developed between Hilferding and Kant. In 1899 he was enrolled at the Univer- his mentor, Kautsky. Kautsky encouraged sity of Vienna to study medicine. This gave him to write regularly for Die Neue Zeit（ The him the opportunity to learn about Carl New Times）, of which he was the publisher. Menger’s new teachings on marginal utility, In 1903, Hilferding wrote his first articles for to learn from Eugen von Philippovich about this journal on the subject of Marx’s theory the Deutsche Historische Schule （German of value and-in the same year-on the Historical School）, and to study Marx’s doc- change in function of the protective duty. trines of labor value（ Kurata 1978, 26）. This was a contribution to the current discus- In the winter semester of 1894/95, Hilfer- sions between revisionists and orthodox ding attended Professor Isidor Singer’s “so- members of the German Social Democratic cialstatistische Übung” （social statistics Party（ SPD）. course） and, the following summer semester, The rejection of his essay in Die Neue the economics course led by Professor Zeit encouraged Hilferding to create the Philippovich. He also attended lectures by Marx-Studien（ Marx Studies） series, togeth- Carl Grünberg and Friedrich von Wieser, al- er with Max Adler, in 1904. These were de- beit without being officially enrolled（ Kura- signed to provide space for medium-length ta 1978, 27ff）. essays with the goal of developing Marxism. In 1903 Hilferding wrote his first article Hilferding’s article Böhm-Bawerk’s Marx about protective duties and cartels using the Criticism was the first to appear in Marx- example of the sugar industry. He criticized Studien. the positive attitude of the revisionist posi- Böhm-Bawerk’s private seminar in the tion toward colonialist expansion（ Hilferd- summer semester of 1905 attracted many ing 1903）. prominent participants, including Hilferding, In 1896, Böhm-Bawerk published his ar- whose names are still remembered today: 20 経済学史研究 55 巻 1 号 Joseph Schumpeter, Otto Bauer, Emil Leder- We only have to point to the evidence for er, Ludwig von Mises, Felix Somary, Karl the historical necessity of capitalism, to Pribram, and Otto Neurath. The seminar al- envisage the final goal automatically lowed for an open and intensive exchange of emerging unaided from the rapid develop- views on economics at that time, Hilferding ment of late capitalism, and to show that being one of those representing the Marxist the deliberate waging of class warfare view（ Haberler 1950）. would be a disruptive factor.（ quoted in In October or November 1906, Hilferd- Kurata 1981, 68f-translated from German ing started as one of the two permanent original） teachers at the newly founded party school of the SPD in Berlin. Hilferding was head of In 1902, Hilferding used the term “state capi- the “Wirtschaftsgeschichte und National- talism” instead of “finance capital” to de- ökonomie”（ economic history and national scribe the overall development he diagnosed. economics） section, where, apart from study- By 1905, Hilferding had at last finished ing Marx’s Capital, he focused on teaching his preparations and started work on Finance economic socialism. Even though the Prus- Capital, having already decided on the name. sian police tried to expel Hilferding from Thus, he wrote to Kautsky on May 27, 1905: Berlin because of his teaching activities, Hilferding did not go back to Vienna. Instead I am finally going to make a start on my he continued to work for Die Neue Zeit and, Finance Capital, although as yet all I have in addition, worked as an editor for the for- is the title.（ IISG, Karl Kautsky Papers, K eign policy section of Vorwärts, the party D XII 590-translated from German origi- newspaper of the SPD. Hilferding rose rap- nal） idly within the office and was later promoted to chief editor（ Smaldone 1998, 39f）. Then, on December 18, 1905: After 1907, Hilferding published various articles in Die Neue Zeit about foreign af- I also have my Finance Capital, which is fairs. In them, he denied the existence of im- growing at a slow enough pace, far more perialism in Germany in 1907, but in 1909 slowly than it ought.（ IISG, Karl Kautsky he realized that there was an increasing dan- Papers, K D XII 598-translated from ger of war due to imperialism （Stephan German original） 1982, 25f）. The arguments he employed could later be found in Finance Capital. Afterwards, on March 10, 1906, he wrote: Finance Capital was published in 1910. Hilferding had worked on it for a considera- In essence I have now completed Chapter ble time-the initial work can be dated back I, on money, and will now move on to to 1902. In a letter to Kautsky in 1902, Chapter II, the role of money in the cycli- Hilferding wrote about what he hoped to cal process of capital; from this I must achieve with Finance Capital: then develop the rise and necessity of credit. The tedious thing is that much of GREITENS: MARXIAN AND NON-MARXIAN FOUNDATIONS OF RUDOLF HILFERDING’S FINANCE CAPITAL 21 the chapter has to be devoted to restating Social Democracy）, which was published in the contents of the second and third vol- 1899（ English translation: Evolutionary So- umes of Das Kapital and such repetitive cialism: A Criticism and Affirmation, 1911）. work I find wearisome and uninteresting. Finance Capital is a contribution to the （quoted in Kurata 2009, 12-translated dispute over revisionism, putting Kautsky’s from German original） side of the argument against his opponents within the party. Accordingly, Kautsky’s ar- During his time at the party school and as an gumentation in the Revisionist Debate pro- editor in Berlin, Hilferding’s access to litera- vides the “guidelines” for Hilferding’s Fi- ture-combined with what he learned from nance Capital: The cartels are not allowed to his editorial work-allowed him to continue prevent crises; the joint stock companies as his studies. In the foreword to Finance Capi- well as banks are institutions to collect small tal, Hilferding wrote that its main features sums of capital; finance tycoons rule every- had already been finished by 1906（ Hilferd- thing; protective duties lead to cheap ex- ing 1910, 24）.
Recommended publications
  • Stanislaw Brzozowski and the Migration of Ideas

    Stanislaw Brzozowski and the Migration of Ideas

    Jens Herlth, Edward M. Świderski (eds.) Stanisław Brzozowski and the Migration of Ideas Lettre Jens Herlth, Edward M. Świderski (eds.) with assistance by Dorota Kozicka Stanisław Brzozowski and the Migration of Ideas Transnational Perspectives on the Intellectual Field in Twentieth-Century Poland and Beyond This volume is one of the outcomes of the research project »Standing in the Light of His Thought: Stanisław Brzozowski and Polish Intellectual Life in the 20th and 21st Centuries« funded by the Swiss National Science Foundation (project no. 146687). The publication of this book was made possible thanks to the generous support of the »Institut Littéraire Kultura«. Bibliographic information published by the Deutsche Nationalbibliothek The Deutsche Nationalbibliothek lists this publication in the Deutsche Na- tionalbibliografie; detailed bibliographic data are available in the Internet at http://dnb.d-nb.de This work is licensed under the Creative Commons Attribution-NonCommer- cial-NoDerivatives 4.0 (BY-NC-ND) which means that the text may be used for non-commercial purposes, provided credit is given to the author. For details go to http://creativecommons.org/licenses/by-nc-nd/4.0/ To create an adaptation, translation, or derivative of the original work and for com- mercial use, further permission is required and can be obtained by contacting [email protected] Creative Commons license terms for re-use do not apply to any content (such as graphs, figures, photos, excerpts, etc.) not original to the Open Access publication and further permission may be required from the rights holder. The obligation to research and clear permission lies solely with the party re-using the material.
  • 1 Jerry Shang 5/9/2018 History 310 Austro-Marxism: Finding

    1 Jerry Shang 5/9/2018 History 310 Austro-Marxism: Finding

    1 Jerry Shang 5/9/2018 History 310 Austro-Marxism: Finding Socialism in Modernity Introduction In Otto Bauer’s What is Austro-Marxism? (1927), he stated that Austro-Marxism was first coined by an American socialist, L. Boudin, to describe a collection of Marxist thinkers including Max Adler, Karl Renner, Rudolf Hilferding, Otto Bauer and others who grew up in the socialist student movement of fin-de-siècle Vienna. Despite these thinkers’ common background, Austro- Marxism as a school of thought lacked the unity L. Boudin conferred to it through its name. Even Otto Bauer himself noted that this group of scholars “were united not so much by a specific political orientation.”1 These thinkers cited above all had interests in different areas, for example, Max Adler took on a theoretical approach and tried to apply a neo-Kantian emphasis on subjectivity and human volitions to the Marxist concept of historical progression; Karl Renner focused more on the law and its ability to support the capitalist system; Rudolf Hilferding was known for his discussion on finance capital and his extension upon Marxist economic theories; Otto Bauer focused on the question of nationality and its incorporation into Marxist thoughts. Though this was not to say that there were no communications and references between these thinkers, the various focuses and interests made it hard to characterize Austro-Marxism as a unified movement. In a sense, Otto Bauer’s question posed by his title remained unanswered. Current historiography on Austro-Marxism has also shied away from this question by focusing on individual thinkers.
  • “State-Capitalist” Or “Totalitarian State Economy”

    “State-Capitalist” Or “Totalitarian State Economy”

    USSR: workers’ state, capitalist, or other? 1 “State-capitalist” or “totalitarian state economy” R L Worrall and Rudolf Hilferding USSR: Proletarian or capitalist state, by R L Worrall WITH THE SOCIALIST movement at its lowest ebb since 1914, the first neces - sity of the moment is to realise clearly the main reasons for this. For in order to grapple successfully with things as they are, it is necessary to see things as they are. In order to overcome that ignorance which is the inertia of history, and to loosen the bonds of existing conditions, those conditions must be analysed and described with scientific accuracy. Not for the sake of pedantry, but in order to release that human energy of social change which is made ineffective by doubt and confusion. 2 USSR: workers’ state, capitalist, or other? Above all, accurate knowledge, analysis and description of Russia is needed, to clear away the doubt and uncertainty, the revulsion and disap - pointment, which Stalin’s regime has brought to the working class as a whole. Ironically enough, one who has been the most outstanding opponent of Stalin has added to the confusion surrounding the nature of Stalin’s regime. Leon Trotsky persists in regarding Russia as a workers’ state, although that state has shattered proletarian democracy, putting the working class of Russia in a straitjacket, and killing or imprisoning tens of thousands of revolutionary internationalists. The state in Russia is a “degenerate” and “distorted” workers’ state, writes Trotsky, and so, in dutiful chorus, declare his followers. Still armed with the caustic pen which has been his lance, he cannot bring it to write that the former soviet system, whose growth he did so much to nourish, has been transformed into a new type of capitalist state, at the hands of Stalin and the bureaucracy.
  • Hilferding's Influence on Schumpeter

    Hilferding's Influence on Schumpeter

    Munich Personal RePEc Archive Hilferding’s Influence on Schumpeter : A First Discussion Michaelides, Panayotis G. and Milios, John G. National Technical University of Athens 2004 Online at https://mpra.ub.uni-muenchen.de/74462/ MPRA Paper No. 74462, posted 20 Oct 2016 11:34 UTC European Association for Evolutionary Political Economy Sixteenth Annual Conference on Economics, History and Development Crete, Greece, 28-31 October 2004 HILFERDING’S INFLUENCE ON SCHUMPETER: A First Discussion by Panayotis Michaelides and John Milios Department of Humanities, Social Sciences and Law School of Applied Mathematics and Physics National Technical University of Athens [email protected], [email protected] Abstract In the present paper, the origins of some of Joseph Alois Schumpeter’s views are traced back to Rudolf Hilferding’s Finance Capital, regarding the Schumpeterian hypothesis and the separation of roles between capitalists, entrepreneurs and managers. After a careful examination of Hilferding’s writings, the conclusion may be drawn that Schumpeter expresses ideas very similar to Hilferding’s on these issues, and seems to have been influenced by his conceptualisation of a “latest phase” of capitalism, shaped by the structure and functions of the “monopolistic enterprise”. Hilferding’s approach is understood in this paper as a major revision of Marx’s methodological perspective and conceptual understanding of the capitalist mode of production and, therefore, as a “paradigm shift” within Marxian economic theory. J.E.L. Classification: B14, B24 Key Words: entrepreneur, technology, monopoly, Schumpeter, Hilferding, Marx. 1 1. Introduction There is no doubt that Joseph Alois Schumpeter “was one of the greatest economists of all time” (Haberler 1950: 1).1 Given Schumpeter’s various theories and the modern spin- offs of his work, the issue of which theories or ideas might have influenced his thought becomes of great interest and deserves analysis.
  • Karl Helfferich and Rudolf Hilferding on Georg Friedrich Knapp's State

    Karl Helfferich and Rudolf Hilferding on Georg Friedrich Knapp's State

    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Greitens, Jan Conference Paper — Manuscript Version (Preprint) Karl Helfferich and Rudolf Hilferding on Georg Friedrich Knapp’s State Theory of Money: Monetary Theories during the Hyperinflation of 1923 Suggested Citation: Greitens, Jan (2020) : Karl Helfferich and Rudolf Hilferding on Georg Friedrich Knapp’s State Theory of Money: Monetary Theories during the Hyperinflation of 1923, Annual Conference of the European Society for the History of Economic Thought (ESHET) 2020, Sofia., ZBW - Leibniz Information Centre for Economics, Kiel, Hamburg This Version is available at: http://hdl.handle.net/10419/216102 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available
  • Salgado Munoz, Manuel (2019) Origins of Permanent Revolution Theory: the Formation of Marxism As a Tradition (1865-1895) and 'The First Trotsky'

    Salgado Munoz, Manuel (2019) Origins of Permanent Revolution Theory: the Formation of Marxism As a Tradition (1865-1895) and 'The First Trotsky'

    Salgado Munoz, Manuel (2019) Origins of permanent revolution theory: the formation of Marxism as a tradition (1865-1895) and 'the first Trotsky'. Introductory dimensions. MRes thesis. http://theses.gla.ac.uk/74328/ Copyright and moral rights for this work are retained by the author A copy can be downloaded for personal non-commercial research or study, without prior permission or charge This work cannot be reproduced or quoted extensively from without first obtaining permission in writing from the author The content must not be changed in any way or sold commercially in any format or medium without the formal permission of the author When referring to this work, full bibliographic details including the author, title, awarding institution and date of the thesis must be given Enlighten: Theses https://theses.gla.ac.uk/ [email protected] Origins of permanent revolution theory: the formation of Marxism as a tradition (1865-1895) and 'the first Trotsky'. Introductory dimensions Full name of Author: Manuel Salgado Munoz Any qualifications: Sociologist Submitted in fulfillment of the requirements of the Degree of Master of Research School of Social & Political Sciences, Sociology Supervisor: Neil Davidson University of Glasgow March-April 2019 Abstract Investigating the period of emergence of Marxism as a tradition between 1865 and 1895, this work examines some key questions elucidating Trotsky's theoretical developments during the first decade of the XXth century. Emphasizing the role of such authors like Plekhanov, Johann Baptists von Schweitzer, Lenin and Zetkin in the developing of a 'Classical Marxism' that served as the foundation of the first formulation of Trotsky's theory of permanent revolution, it treats three introductory dimensions of this larger problematic: primitive communism and its feminist implications, the debate on the relations between the productive forces and the relations of production, and the first apprehensions of Marx's economic mature works.
  • Eduard Bernstein Speaks to the Fabians: a Turning-Point in Social Democratic Thought?

    Eduard Bernstein Speaks to the Fabians: a Turning-Point in Social Democratic Thought?

    DOCUMENTS H. Kendall Rogers EDUARD BERNSTEIN SPEAKS TO THE FABIANS: A TURNING-POINT IN SOCIAL DEMOCRATIC THOUGHT? Of Eduard Bernstein's many writings surely few were as significant in the early development of revisionism as his speech to the London Fabian Society on January 29, 1897. In an October 1898 letter to August Bebel, Bernstein described the gradual metamorphosis that had led to his heterodox views. Until October 1896 he had sought to "stretch" Marxist theory to conform to social-democratic practice; finally he realized this was impossible. Bezeichnender od. auch begreiflicher Weise, wurde mir das Unmogliche dieses Vorhabens erst vollig klar, als ich vor anderthalb Jahren, im Verein der Fabier einen Vortrag darilber hielt, "Was Marx wirklich lehrte". Ich habe das Manuskript des Vortrages noch, es ist ein abschreckendes Beispiel wohlmeinenden "Rettungsversuchs". Ich wollte Marx retten, wollte zeigen, daB alles so gekommen was er gesagt, und, daB alles, was nicht so gekom- men, auch von ihm gesagt wurde. Aber als das Kunststiick fertig war, als ich den Vortrag vorlas, da zuckte es mir durch den Kopf: Du thust Marx Unrecht, das ist nicht Marx, was Du vorfuhrst. Und ein paar harmlose Fragen, die mir ein scharfsinniger Fabianer Hubert Bland nach dem Vor- trag stellte und die ich noch in der alten Manier beantwortete, gaben mir den Rest. Im Sullen sagte ich mir: so geht das nicht weiter.1 For some historians Bernstein's Fabian lecture was the point where he turned decisively against Marxism. For those who date Bernstein's repudiation of Marx from Engels's death, the address at least marked the point where Bernstein realized how thoroughly he had already broken with Marxist orthodoxy.2 And for all students of pre-war social-democratic 1 Bernstein to Bebel, October 20, 1898, in: Victor Adler, Briefwechsel mit August Bebel und Karl Kautsky, ed.
  • Böhm-Bawerk's Criticism of Marx

    Böhm-Bawerk's Criticism of Marx

    Böhm-Bawerk's Criticism of Marx Rudolf Hilferding Socialist Labour Press, Glasgow, ca 1920 http://www.marxists.org/archive/hilferding/1904/criticism/index.htm translated from « Böhm-Bawerks Marx-Kritik », Marx-Studien, Wien, 1904. Preface 1 Value as an Economic Category 2 Value and Average Profit 3 The Subjectivist Outlook Preface The publication of the third volume of Capital has made hardly any impression upon bourgeois economic science. We have seen nothing of the "jubilant hue and cry" anticipated by Sombart. [1] No struggle of intellects has taken place; there was no contest in majorem scientiae gloriam. For in the theoretical field bourgeois economics no longer engages in blithe and joyous fights. As spokesman for the bourgeoisie, it enters the lists only where the bourgeoisie has practical interests to defend. In the economico-political struggles of the day it faithfully reflects the conflict of interests of the dominant cliques, but it shuns the attempt to consider the totality of social relationships, for it rightly feels that any such consideration would be incompatible with its continued existence as bourgeois economics. Even where the bourgeois economists, compiling their "systems" or writing their "sketches," must perforce speak of the relationships of the whole, the only whole they succeed in presenting is laboriously pieced together out of its separate parts. They have ceased to deal with principles; they have ceased to be systematic; they have become eclectics and syncretists. Dietzel, author of Theoretische Sozialökonomie, is perfectly logical when, making the best of a bad business, he raises eclecticism to the rank of a principle.
  • Empires and War

    Empires and War

    Empires and war Introduction to Karl Kautsky’s “Ultra Imperialism” HE article by Karl Kautsky on “ultra-impe- T rialism” which we print here is famous in socialist lit- erature in an odd way — not for itself, but for the polemic written against it. Pierre-J oseph Proudho n’s Philosophy of Pov e r t y is famous not because we know the book itself, but because we know Marx’s reply to it, The Poverty of Philosophy. No-one today reads Eugen Dühring’s Systems and Critical History, but we read Engels’ blast against them, Anti-Dühring. Bruno Rizzi’s La Bureaucratisation du Monde was virtually unavailable for decades, but celebrated even then because Trotsky polemi- cised against it in The USSR in War. In the summer of 1914, when he wrote the bulk of this arti- cle, Kautsky was a few months short of his 60th birthday. He had been editor of the world’s leading Marxist journal, Die Neue Zeit, since 1883 — since a date when Lenin, Luxemburg, Trotsky were all still children, Lenin 13 years old, Luxemburg 12, Trotsky a three-year-old. Those revolutionary Marxists still saw Kautsky as the foremost teacher of the international socialist movement, so con- fident and so proud of its growth and unity, though they disagreed with him on some issues. By the time the article was finished and printed, on 11 September 1914, some six weeks into World War One, the international socialist movement had col- lapsed into a collection of national parties, each one supporting its own capital- ist government in the mutual slaughter of World War One.
  • Call for Papers on RUDOLF HILFERDING's CRITICAL

    Call for Papers on RUDOLF HILFERDING's CRITICAL

    Call for papers on RUDOLF HILFERDING’S CRITICAL POLITICAL ECONOMY This is the third call in the framework of the Luxemburg International Studies in Political Economy, edited by Jan Toporowski and Frieder Otto Wolf. The planned volume will follow the two volumes „Rosa Luxemburg: A Permanent Challenge for Political Economy. On the History and the Present of Luxemburg's 'Accumulation of Capital'” (2016) and „The Unfinished System of Karl Marx. Critically Reading Capital as a Challenge for our Times“ (2018). The decision to make Rudolf Hilferding’s work, especially his „Finance Capital“ (completed in 1909 and first published in 1910), the subject-matter of our current project has been motivated by the work on our recently published second book in the series: There, four authors have articulated the need and their interest in a deeper discussion on Hilferding’s heritage. Accordingly, the new project has nothing to do with any kind of „anniversary hopping“. It rather is motivated by the overarching and central aim of our series: 1) to promote the tradition of Marx‘s critique of political economy, while being open for any new facts, questions, ideas, and democratic discussions, and looking for inspiration from the broader history of political economy; 2) to renew the understanding of modern societies and their economies among progressive and socialist forces of society, and come to a better grasp the role finance has to play in it; to break out of deeply and merely defensive policy positions against a barbaric future; to mitigate and find ways to solve the present social and global problems in a democratic, just and solidarity-based way, so that every human being can live in freedom, equality and solidarity, while protecting the natural environment.
  • The Letters of Rosa Luxemburg Rosa Luxemburg Addressing a Rally

    The Letters of Rosa Luxemburg Rosa Luxemburg Addressing a Rally

    The Letters of Rosa Luxemburg Rosa Luxemburg addressing a rally. The pictures on either side of her are of Lassalle and 1\Jarx. (Courtesy Dietz Verlag) The Letters of Rosa Luxemburg edited and with an Introduction by Stephen Eric Bronner with a Foreword by Henry Pachter Westview Press I Boulder, Colorado Cover photo courtesy Dietz Verlag. Poem by Peter Steinbach in the Foreword zs reprinted with permission. All rights reserved. No part of this publication may be reproduced or transmittedjn any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher. Copyright© 1978 by Westview Press, Inc. Published in 1978 in the United States of America by Westview Press, Inc. 5500 Central Avenue Boulder, Colorado 80301 Frederick A. Praeger, Publisher Library of Congress Cataloging in Publication Data Luxemburg, Rosa, 1870-1919. The letters of Rosa Luxemburg. 1. Communists-Correspondence. I. Bronner, Stephen. HX273.L83A4 1978 335.43'092'2 78-17921 ISBN 0-89158-186-3 ISBN 0-89158-188-X pbk. Printed and bound in the United States of America Contents Foreword, Henry Pachter .................................. vii Preface ....................................................xi Reflections on Rosa ......................................... I Rosa Luxemburg and the Other Tradition ..................3 Childhood and Youth .....................................4 Apprenticeship ............................. ..............6 The East European Dimension
  • German Marxism and the Decline of the Permanent Revolution, 1870-1909 Van Ree, E

    German Marxism and the Decline of the Permanent Revolution, 1870-1909 Van Ree, E

    UvA-DARE (Digital Academic Repository) German Marxism and the decline of the permanent revolution, 1870-1909 van Ree, E. DOI 10.1080/01916599.2011.652474 Publication date 2012 Document Version Final published version Published in History of European Ideas Link to publication Citation for published version (APA): van Ree, E. (2012). German Marxism and the decline of the permanent revolution, 1870- 1909. History of European Ideas, 38(4), 570-589. https://doi.org/10.1080/01916599.2011.652474 General rights It is not permitted to download or to forward/distribute the text or part of it without the consent of the author(s) and/or copyright holder(s), other than for strictly personal, individual use, unless the work is under an open content license (like Creative Commons). Disclaimer/Complaints regulations If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library: https://uba.uva.nl/en/contact, or a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible. UvA-DARE is a service provided by the library of the University of Amsterdam (https://dare.uva.nl) Download date:28 Sep 2021 This article was downloaded by: [UVA Universiteitsbibliotheek SZ] On: 23 November 2012, At: 00:05 Publisher: Routledge Informa Ltd Registered in England and Wales Registered Number: 1072954 Registered office: Mortimer House, 37-41 Mortimer Street, London W1T 3JH, UK History of European Ideas Publication details, including instructions for authors and subscription information: http://www.tandfonline.com/loi/rhei20 German Marxism and the Decline of the Permanent Revolution, 1870–1909 Erik van Ree a a Institute of European Studies, University of Amsterdam, The Netherlands Version of record first published: 20 Mar 2012.