The Evolution Of Financial Capital Theory From The Perspective Of Marxism Development History

The financial capital theory of Marxism is an important composition in Marxism economics. In the process of this theory, Based on the relevant expositions of Marx on monetary capital and credit, Hilferding and Lenin has further enriched and developed it according to the constant variable age condition, which fully reflects Marxism’s vital theory quality of advance with times. Under the condition of our times, especially since the third industrial revolution, profound changes have taken place in the world economy, which make today’s financial capital present different characteristics compared to the pre-war, such as the trend of internationalization and the combination with state power. It has theoretical and realistic meaning for us to scientifically know the characteristic, understand the capitalism economy crisis and the financial crisis to explore the development of Marxism’s financial capital theory from the perspective of history.From the view of Marxism development history, based on the historical figures for clues, the paper explores the significant contribution of Marx, Hilferding, Lenin and contemporary scholars about the theory of financial capital and the relationship between each other by using the methods, such as the combination of history and reality, the combination of theory and practice, the accordance of logic and history, as well as the comparison and the analysis.This paper reads the view of Marx’s financial capital first, shows that although he didn’t put forward the concept of "financial capital" formally, he analysed and elaborated the interest-bearing capital, virtual capital, bank credit and stock company in the "das kapital", laid a theoretical foundation for descendants to understand the financial capital further as well as provides a theoretical guide. Second, through to the pavilion of Hilferding’s financial capital theory, the paper pointed out his comprehensive research about it, and gave an objective comment. Under the background of monopoly capitalism, he stared with monetary research, comprehensively analyzed the relationship between the monopoly, the economic crisis, national policies and financial capital, and become the first researcher on the theory of system. Again, this paper summaries Lenin’s theory of financial capital, and pointed out his great development of the theory. His financial capital views mainly concentrated in the "theory of imperialism", he stressed that monopoly is the deepest foundation which caused the produce of financial capital and the bank played a key role in the process of produce, and the increasing integration of industrial capital and bank capital not only gradually established its absolute rule at home and abroad, also presented the corruptible and parasitic trend. Finally, this paper explores the Chinese and foreign scholars’s financial capital view of marxism, elaborates the expandence of financial capital concept, the reason about the creation of contemporary financial capital, the characteristics of it and its accumulation mechanism and influence, makes a interpretation about the new development of financial capital in today’s era.