Question

Distinguish between: finance capitalism and monopoly capitalism

Answer 1

Financial capitalism is thus a form of capitalism where the intermediation of saving to investment becomes a dominant function in the economy, with wider implications for the political process and social evolution. Since the late 20th century, in a process sometimes called financialization, it has become the predominant force in the global economy,whether in neoliberal or other form.

Monopoly capital theory states that capitalism undergoes phases of evolution and transformation when some of its dominant institutions change significantly over time. It also states that historical changes toward greater concentration of industry need to be incorporated into the edifice of economic theory.

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Answer 2

Finance capitalism and monopoly capitalism.

Explanation:

• Monopoly capitalism is capitalism concerns the degree of an industry that focuses on large corporations.  

• Financial capitalism is the subordination of the process of accumulation of money as profits in the economic system. Here the intermediate function becomes the dominant function of the economy.  

• The key contribution of economic monopoly is the economic surplus. It is represented by society's products and the costs involved in producing it. The size of the surplus s the index of profitability and wealth.  

• The characters of financial capitalism are the investment in currencies and financial products such as bonds and stocks

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