eprintid: 24113
rev_number: 13
eprint_status: archive
userid: 3114
dir: disk0/00/02/41/13
datestamp: 2018-02-14 14:44:09
lastmod: 2019-02-21 11:48:01
status_changed: 2018-02-14 14:44:09
type: workingPaper
metadata_visibility: show
creators_name: Faber, Malte
creators_name: Petersen, Thomas
title: Kapitalismus versus Marktwirtschaft. Karl Marx und Fernand Braudel
subjects: ddc-330
divisions: i-181000
abstract: 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
date: 2018-02-12
publisher: University of Heidelberg
id_scheme: DOI
id_number: 10.11588/heidok.00024113
schriftenreihe_cluster_id: sr-3
schriftenreihe_order: 0645
ppn_swb: 1015087213
own_urn: urn:nbn:de:bsz:16-heidok-241138
language: eng
bibsort: FABERMALTEKAPITALISM20180212
full_text_status: public
series: Discussion Paper Series
volume: 0645
place_of_pub: Heidelberg
citation:   Faber, Malte ; Petersen, Thomas  (2018) Kapitalismus versus Marktwirtschaft. Karl Marx und Fernand Braudel.  [Working paper]     
document_url: https://archiv.ub.uni-heidelberg.de/volltextserver/24113/1/__ad.uni-heidelberg.de_wiso_u.arnold_Desktop_Faber_Petersen_2018_dp0645.pdf