Did Hilferding Influence Schumpeter?

@article{Michaelides2005DidHI,
  title={Did Hilferding Influence Schumpeter?},
  author={P. Michaelides and J. Milios},
  journal={History of Economics Review},
  year={2005},
  volume={41},
  pages={125 - 98}
}
  • P. Michaelides, J. Milios
  • Published 2005
  • Economics
  • History of Economics Review
  • In this paper, the origins of some of Joseph Alois Schumpeter’s views are traced back to Rudolf Hilferding’s Finance Capital, regarding the Schumpeterian hypothesis and the separation of roles between capitalists, entrepreneurs and managers. After a careful examination of Hilferding’s writings, the conclusion may be drawn that Schumpeter expresses ideas very similar to Hilferding’s, and seems to have been influenced by his conceptualisation of a ‘latest phase’ of capitalism, shaped by the… CONTINUE READING
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