Hilferding on Derivatives

Sotiropoulos, Dimitris P. (2012) Hilferding on Derivatives. (Discussion Paper) Kingston upon Thames, U.K. : Faculty of Arts and Social Sciences, Kingston University. 26 p. (Economics Discussion Paper, no. 2012-03)

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Abstract

Rudolf Hilferding is a leading Marxist scholar. But Hilferding's approach to derivatives has been left untouched. The paper aims at contributing to the literature. Hilferding realized that the development of the stock exchange was parallel to the development of standardized derivative exchanges. Hilferding understood the economic significance that derivative markets have for the organization of capitalism. The intention of incorporating the futures market in his general approach using Marxian theoretical categories is significant in the long tradition of political economy.

Item Type: Monograph (Discussion Paper)
Uncontrolled Keywords: Hilferding; Marx; finance; derivatives
Research Area: Economics and econometrics
Faculty, School or Research Centre: Faculty of Arts and Social Sciences > School of Economics (until November 2012)
Depositing User: Susan Miles
Date Deposited: 24 Aug 2012 14:10
Last Modified: 24 Aug 2012 14:10
URI: http://eprints.kingston.ac.uk/id/eprint/23342

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