| Finance Capitalism |
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Finance capitalism is seen by Marxists as a dialectical outgrowth of industrial capitalism, and part of the process by which the whole capitalist phase of history comes to an end. In the tradition of Thorstein Veblen , it is contrasted with ''industrial capitalism'', where profit is made from the manufacture of goods. Fascist s were vocal in their opposition to finance capitalism.Frank Bealey & others. Elements of Political Science. Edinburgh University Press, 1999, p. 202 Academic defenders of the economic concept of Capitalism , such as Eugen Von Böhm-Bawerk , see profits as part of the Roundabout process by which it grows and Hedge s against inevitable risks. SEE ALSO
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