Did Hilferding influence Schumpeter?(Rudolf Hilferding, Joseph Alois Schumpeter)(Critical essay) History of Economics Review | January 1, 2005| | COPYRIGHT 2005 History of Economic Thought Society of Australia. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

Abstract: 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 structure of the 'monopolistic enterprise'. Hilferding's approach is ...

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