Periodizations of capitalism

Capitalism
Part of a series on

Concepts Austerity Business Business cycle Businessperson Capital Capital accumulation Capital markets 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 Visible 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 Market Mercantilist Mixed Monopoly National Neoliberal Nordic Private Raw Regulated market Regulatory Rhine Social State State-sponsored Welfare
Economic theories American Austrian Chartalism MMT Chicago Classical Institutional Keynesian Neo- New Post- Market monetarism Critique of political economy Critique of work Marxist 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 Community Corporate Crony Finance Global Illiberal Late Marxist Merchant Progressive Rentier State monopoly Technological
Intellectuals Smith Mill Ricardo Malthus Say Marx Friedman Hayek Keynes Marshall Pareto Walras von Mises Rand Rothbard Schumpeter Veblen Weaver Weber Coase
Related topics Anti-capitalism Capitalist propaganda Capitalist realism Capitalist state Consumerism Crisis theory Criticism of capitalism Critique of political economy Critique of work Cronyism Culture of capitalism Evergreening Exploitation of labour Globalization History History of theory Market economy Periodizations of capitalism Perspectives on capitalism Post-capitalism Speculation Spontaneous order Venture philanthropy Wage slavery
Ideologies Anarcho Authoritarian Classical liberalism Democratic Dirigisme Eco Humanistic Inclusive Liberal Liberalism Libertarian Neo Neoliberalism Objectivism Ordoliberalism Privatism Right-libertarianism Third Way
Capitalism portal Business portal
v t e

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:

Early / monopoly / state monopoly capitalism (Sweezy)
Free trade / monopoly / finance capitalism (Hilferding)
Early capitalism (primitive accumulation) / colonialism / imperialism (Hobson, Lenin, Bukharin)
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]

References

[edit]

^ Rutherford, Donald. Routledge Dictionary of Economics. pages 70
^ Dunning, John H. global capitalism at bay? pages 49
^ Dunning, John H. Making Globalization Good. page 181
^ Davis Jerome. Capitalism and Its Culture. page 12

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

External links

[edit]

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

See also

References

External links