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This authentication occurs automatically, and it is not possible to sign out of an IP authenticated account.Ĭhoose this option to get remote access when outside your institution. Typically, access is provided across an institutional network to a range of IP addresses. If you are a member of an institution with an active account, you may be able to access content in one of the following ways: Get help with access Institutional accessĪccess to content on Oxford Academic is often provided through institutional subscriptions and purchases. Thus a new definition is suggested, and it is shown that this could help overcome the problems of and objections to the concept. This article claims that the concept could be defined on a more abstract level by using Marx’s notion of ‘capital as commodity’, and that the relationship that Hilferding’s concept establishes between monopolisation and the dominance of finance could be more clearly expressed. On the other hand, the institutional aspect of the concept is still controversial. Criticisms which claim that the dominance of finance is a transitory phenomenon were proved to be invalid, but this persistent aspect of monopoly capitalism needs to be explained on a theoretical level. Generally these criticisms approach the concept in a too concrete and historically specific manner. Despite the current phase of financialisation, Hilferding’s important concept of ‘finance capital’ is still ambiguous because of the problems of Hilferding’s definition of the concept and the criticisms it has been subjected to.

Implied notion definition