- 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 andstate capitalism .Another stage is
merchant capitalism , industrial capitalism,finance capitalism ,welfare capitalism ,state monopoly capitalism andglobal capitalism . [Dunning, John H. Making Globalization Good. pages 181]Another theory is
merchant capitalism , industrial andfinance capitalism , andglobal capitalism . [Dunning, John H. global capitalism at bay? pages 49]Many theories suggests the basic stages of
merchant capitalism , industrial capitalism andfinance 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]
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