Finance capital : a study of the latest phase of capitalist development / Rudolf Hilferding ; edited with an introduction by Tom Bottomore ; from translations by Morris Watnick and Sam Gordon.

Translation from the German. German edition can be found online on archive.org.

Includes notes and bibliographical references (pages [371]-444) and index.

Part I, Money and credit : 1. The necessity of money -- 2. Money in the circulation process -- 3. Money as a means of payment. Credit money -- 4. Money in the circulation of industrial capital -- 5. The banks and industrial credit -- 6. The rate of interest.

Part II, The mobilization of capital. Fictitious capital : 7. The joint-stock company -- 8. The stock exchange -- 9. The commodity exchange -- 10. Bank capital and bank profit.

Part III, Finance capital and the restriction of free competition : 11. Surmounting the obstacles to the equalization of rates of profit -- 12. Cartels and trusts -- 13. The capitalist monopolies and commerce -- 14. The capitalist monopolies and the banks. The transformation of capital in to finance capital -- 15. Price determination by the capitalist monopolies and the historical tendency of finance capital.

Part IV, Finance capital and crises : 16. The general conditions of crises -- 17. The causes of crises -- 18. Credit conditions in the course of the business cycle -- 19. Money capital and productive capital during the depression -- 20. Changes in the character of crises. Cartels and crises.

Part V, The economic policy of finance capital : 21. The reorientation of commercial policy -- 22. The export of capital and the struggle for economic territory -- 23. Finance capital and classes -- 24. The conflict over the labour contract -- 25. The proletariat and imperialism.

"This is the first English translation of one of the classical works of Marxist economic theory. When Rudolf Hilferding's Finance Capital was first published in 1910 it was acclaimed by reviewers as a continuation of Marx's Capital, and it had a major influence upon subsequent Marxist thought, especially in the analysis of imperialism where it provided some of the fundamental ideas for the theories of Bukharin and Lenin... Hilferding's work was much more than a study of imperialism, which was presented only in the last section of the book. It set out to examine the main tendencies in the development of the capitalist mode of production as a whole at the beginning of the twentieth century, beginning with an exposition of the theory of money (in which particular attention was paid to the growth of credit money), then analysing the increasingly important role of the banks in the mobilization of capital, along with the development of large corporations, cartels and trusts, and finally outlining a theory of economic crises." -- From the dust jacket.