📕 subnode [[@ryan/20200706092304 rudolf_hilferding_and_social_democracy_pop_the_left]] in 📚 node [[20200706092304-rudolf_hilferding_and_social_democracy_pop_the_left]]
📓 garden/ryan/literature/20200706092304-rudolf_hilferding_and_social_democracy_pop_the_left.org by @ryan

  • tags :: Rudolf Hilferdingsocial democracymonopoly capital

  • source

  • Rudolf Hilfdering was one of the first Marxists to come up with a theory of monopoly capital

  • Was involved with the German German Social Democratic Partyalong with Karl Kautskyand Rosa Luxemburg

  • Served as German finance minister while SPD was in power

  • Leninand Bukharinlearned their conception of imperialism(expansion of monopoly capital) through Hilferding

  • Hilferding though that centers of capital could be brought under control, a mistake modern socialists make as well

    • Trouble with this is that capital has to valorize, it's not just a matter of changing who's in charge

    • This is a harder problem to solve than it appears

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