Kapitalismus versus Marktwirtschaft: Karl Marx und Fernand Braudel

Arbeitspapier

Since the beginning of the finance crisis, the notion of capitalism and the adjective capitalistic are more and more employed in public discourse without making an attempt to define it. In contrast, the concept of market economy is less used. We try in this paper to differentiate both concepts by going back to the approaches by Karl Marx (1818-1883) and Fernand Braudel (1902-1985). Marx does not use the term capitalism but only capitalistic production, while Braudel argues on the basis of a wealth of empirical evidence that one has to differentiate between capitalism and market economy, because he sees a contrast between them. For this reason, he has different view of a capitalistic economy as Marx has.

Object Details

• Language: Deutsch

References and Relationships

• Bibliographic citation: Series: Discussion Paper Series ; No. 645

Classification and Topics

• Classification: Wirtschaft ; History of Economic Thought through 1925: Socialist; Marxist ; History of Economic Thought since 1925: Socialist; Marxist; Sraffian ; Capitalist Systems: General ; Capitalist Systems: Political Economy
• Subject: capitalism ; capitalistic production ; market economy ; political economy

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Faber, Malte ; Petersen, Thomas
• Event: Veröffentlichung
• (who): University of Heidelberg, Department of Economics
• (where): Heidelberg
• (when): 2018

Further information

• DOI: doi:10.11588/heidok.00024113
• Handle: http://hdl.handle.net/10419/179274
• URN: urn:nbn:de:bsz:16-heidok-241138
• Last update: 10.03.2025, 11:42 AM CET