Rudolf Hilferding Quotes
As soon, however, as capitalist competition has definitively established the equal rate of profit, that rate becomes the starting point for the calculations of the capitalists in the investment of capital in newly-created branches of production.
Topics
Business Expansion
Economic Growth
Interest Rates
Investment, Investments
Profit Margin
Risk-management
Supply and Demand
Capital Allocation, Allocation of Resources
Starting Point
Economic Theory
Capital Investment
Capitalist Economy
Market Competition
Market Equilibrium
Profit Maximization
New Production
Citations
Hilferding, Rudolf. "Böhm-Bawerk's Criticism of Marx." Karl Marx and the Close of His System & Böhm-Bawerk's Criticism of Marx, edited by Paul M. Sweezy, Augustus M. Kelley, 1949, p. 162.
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Rudolf Hilferding was an Austrian-born Marxist economist, socialist theorist, politician and the chief theoretician for the Social Democratic Party of Germany (SPD) during the Weimar Republic, being almost universally recognized as the SPD's foremost theoretician of his century. He was also a physician.