Periodizations of capitalism

Short description: Stages of development of capitalism

Capitalism

Concepts

* Business
* Business cycle
* Businessperson
* Capital
* Capital accumulation
* Capital markets
* Capitalist mode of production
* Company
* Corporation
* Competitive markets
* Economic interventionism
* Economic liberalism
* Economic surplus
* Entrepreneurship
* Fictitious capital
* Financial market
* Free price system
* Free market
* Goods and services
* Investor
* Invisible hand
* Liberalization
* Marginalism
* Money
* Private property
* Privatization
* Profit
* Rent seeking
* Supply and demand
* Surplus value
* Value
* Wage labour

Economic systems

* Anglo-Saxon
* Authoritarian
* Corporate
* Dirigist
* Free-market
* Humanistic
* Laissez-faire
* Liberal
* Libertarian
* Mercantilist
* Monopoly
* National
* Neoliberal
* Private
* Regulated market
* Regulatory
* Rhine
* Social
* State
* State-sponsored
* Welfare

Economic theories

* American
* Austrian
* Chartalism
* MMT
* Chicago
* Classical
* Institutional
* Keynesian
* Neo-
* New
* Post-
* Marxian
* Monetarist
* Neoclassical
* New institutional
* Supply-side

Origins

* Age of Enlightenment
* Capitalism and Islam
* Commercial Revolution
* Feudalism
* Industrial Revolution
* Mercantilism
* Primitive accumulation
* Physiocracy
* Simple commodity production

Development

* Advanced
* Consumer
* Corporate
* Crony
* Finance
* Global
* Illiberal
* Late
* Marxist
* Merchant
* Rentier
* State monopoly
* Techno

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

1. Early / monopoly / state monopoly capitalism (Sweezy)
2. Free trade / monopoly / finance capitalism (Hilferding)
3. Early capitalism (primitive accumulation) / colonialism / imperialism (Hobson, Lenin, Bukharin)
4. Extensive stage / intensive stage / late capitalism (Aglietta)

The Marxist periodization of capitalism into the stages:[1] agricultural capitalism, merchant capitalism, industrial capitalism and state capitalism.

Another periodization includes merchant capitalism, industrial and finance capitalism, and global capitalism.[2][3][4]

## See also

* Rudolf Hilferding
* Ernest Mandel
* Paul Sweezy

## References

1. ↑ Rutherford, Donald (2002). Routledge Dictionary of Economics (2nd ed.). London: Routledge. p. 70. ISBN 0-415-25090-0. https://books.google.com/books?id=WB-CAgAAQBAJ.
2. ↑ Dunning, John H. (2000). Global Capitalism at Bay?. London: Routledge. p. 49. ISBN 0-203-18603-6. https://books.google.com/books?id=ZjODAgAAQBAJ.
3. ↑ Dunning, John H. (2004). Making Globalization Good: The Moral Challenges of Global Capitalism. Oxford University Press. p. 181. ISBN 0-19-925701-9. https://books.google.com/books?id=jQ8LEQAAQBAJ.
4. ↑ Davis, Jerome (1935). Capitalism and Its Culture. New York: Farrar & Rinehart. p. 12. https://archive.org/details/capitalismitscul0000unse.

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

## External links

* Imperialism: The Highest Stage of Capitalism by V.I. Lenin

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