Periodizations of capitalism

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A periodization of capitalism seeks to distinguish stages of development that help understanding of features of capitalism through time. The most well-known periodizations that have been proposed distinguish these stages as:

  1. Early or concurrential/ monopoly/ state monopoly capitalism (Sweezy etc.)
  2. Free trade/ monopoly/ finance capitalism (Hilferding etc.)
  3. Early capitalism (primitive accumulation)/ colonialism/ imperialism (Hobson, Lenin, Bukharin)
  4. Extensive stage/ intensive stage/ (late capitalism) (Aglietta)

References

  • Aglietta, Michel, Régulation et crises du capitalisme, Kalmann-Lévy, Paris, 1976

See also