title: Kapitalismus versus Marktwirtschaft. Karl Marx und Fernand Braudel
creator: Faber, Malte
creator: Petersen, Thomas
subject: ddc-330
subject: 330 Economics
description: 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.      JEL classification: B14, B24, P10, P16, P5  Keywords: capitalism, capitalistic production, market economy, political economy
publisher: University of Heidelberg
date: 2018-02-12
type: Working paper
type: info:eu-repo/semantics/workingPaper
type: NonPeerReviewed
format: application/pdf
identifier: https://archiv.ub.uni-heidelberg.de/volltextserverhttps://archiv.ub.uni-heidelberg.de/volltextserver/24113/1/__ad.uni-heidelberg.de_wiso_u.arnold_Desktop_Faber_Petersen_2018_dp0645.pdf
identifier: DOI:10.11588/heidok.00024113
identifier: urn:nbn:de:bsz:16-heidok-241138
identifier:   Faber, Malte ; Petersen, Thomas  (2018) Kapitalismus versus Marktwirtschaft. Karl Marx und Fernand Braudel.  [Working paper]     
relation: https://archiv.ub.uni-heidelberg.de/volltextserver/24113/
rights: info:eu-repo/semantics/openAccess
rights: http://archiv.ub.uni-heidelberg.de/volltextserver/help/license_urhg.html
language: eng