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 (Paul Sweezy, Sweezy)
#Free trade / monopoly / finance capitalism (Rudolf Hilferding, Hilferding)
#Early capitalism (primitive accumulation) / colonialism / imperialism (John A. Hobson, Hobson, Lenin, Bukharin)
#Extensive stage / intensive stage / late capitalism (Michel Aglietta, Aglietta)
The Marxist periodization of capitalism into the stages: agricultural capitalism, merchant capitalism, industrial capitalism and state capitalism.
Another periodization includes merchant capitalism, industrial and finance capitalism, and global capitalism.
[Davis Jerome. Capitalism and Its Culture. page 12]
See also
*Rudolf Hilferding
*Ernest Mandel
*Paul Sweezy
References
{{reflist
*Aglietta, Michel, ''Régulation et crises du capitalisme'', Kalmann-Lévy, Paris, 1976
External links
Imperialism: The Highest Stage of Capitalism by V.I. Lenin
Capitalism
Periodization