Rudolf Hilferding bibliography

Rudolf Hilferding Finance capital
Hilferding 1923

Kurata, Minoru 1974, 'Rudolf Hilferding. Bibliographie seiner Schriften, Artikel und Briefe', Internationale wissenschaftliche Korrespondenz (zur Geschichte der deutschen Arbeiterbewegung), 10, 3 (September): 327–47.

Submitted by Noa Rodman on December 22, 2016

Taken from Ernst Hamburger's collection: (material related to Hilferding on pp. 95–401). Newspaper clippings, scholarly articles eg "On German Social Democracy and General Schleicher 1932-33" and "Helfferich contra Hilferding: Konservative Geldpolitik und die sozialen Folgen der deutschen Inflation 1918-1923."

See also attached file of Minoru Kurata, Rudolf Hilferding und Das Finanzkapital, Wien: Koppanyi, 2009. 115 p.

The Oscar Meyer collection has a bit on Hilferding: "consists of residual fragments of Hilferding's estate, which his widow probably gave to Meyer in the United States in the 1950s. Included are letters of August Bebel and Albert Einstein to Hilferding" (Einstein seems to write a request to give Trotsky asylum):

Other material:

Die Gesellschaft: Internationale Revue für Sozialismus und Politik, 1924-1933. Journal which Hilferding edited, online:

James, Harold 1981, 'Rudolf Hilferding and the Application of the Political Economy of the Second International', The Historical Journal, 24, 4 (Dec.): 847-69

Liebich, André (1987), 'Marxism and Totalitarianism: Rudolf Hilferding and the Mensheviks':

Radek, Karl 1920 (38 pp.), Die Masken sind gefallen: Eine Antwort an Crispien, Dittmann und Hilferding,

Ticktin, Hillel 1989, 'Towards a theory of finance capital. Part 2: the origins and nature of finance capital', Critique: Journal of Socialist Theory 17:

Gaido, Daniel 2016, 'Rudolf Hilferding on English Mercantilism', History of Political Economy, 48, 3: 449-470:

Couple of articles by Hilferding online:

The Early Days of English Political Economy (1911), translated by Daniel Gaido:

Arbeitsgemeinschaft der Klassen?, 8 October 1915, Der Kampf: Sozialdemokratische Monatsschrift (Vienna), pp. 321–29, (my translation: (Also translated in Austro-Marxism: the ideology of unity (2015))

1919 review of Franz Petry, Der sociale Inhalt der Marxschen Werttheorie. Jena, Gustav Fischer, 1916, in Archiv für die Geschichte des Sozialismus und der Arbeiterbewegung;u=1;seq=447;view=plaintext;size=100;id=mdp.39015034751662;page=root;orient=0 (use proxy if outside US)

'The World Economic Crisis (Signs of Recovery etc.)', The New Leader, February 1936:

'Das Historische Problem', Zeitschrift für Politik Neue Folge, Vol. 1, No. 4 (Dezember 1954), pp. 293-324: (taken from jstor) Discussed by R. Mondolfo (El Problema Histórico de Hilferding) in Marx y Marxismo.

Image taken from:


Noa Rodman

7 years 4 months ago

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Submitted by Noa Rodman on December 25, 2016

Edited to upload another Kurata work.

Btw, Sam Gordon was the translator of Finance capital. He became a Trotskyist in America. For the sake of political activity in 1929 he went to Germany. In a 1930 text (aged 19 then) Gordon spoke about the influence of American finance capital:

The favorable German industrial conditions, to be made yet more favorable by the greater depression of the German working masses soon to follow, now attract all the capital that formerly went to the prosperity-promising American industry. This means an advanced internationalization of industrial capital and a firmer grip on the latter by world finance capital (Morgan and Co.). How this works out in Germany may be gathered from the growing dictatorial strength of Morgan’s German representative, Hjalmar Schacht, the president of the Reichsbank. Herr Schacht is the man who tumbled Hilferding from his ministerial chair, because he was not far-reaching enough in his “reforms” and because, for reasons of political demagogy, he didn’t go in energetically for immediately carrying out these reforms.

Noa Rodman

7 years ago

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Submitted by Noa Rodman on April 18, 2017

Cartoon of Hilferding's ouster as finance minister in 1929 over his attempt to get a loan from the American investment bank Dillon Read & Co, which was the main competitor of Morgan & Co.

Parker Gilbert (an associate with Morgan) even mobilized the French to put on pressure (see pp. 646–7 here).

An eyewitness account by Gijsbert Bruins (in Dutch) of the personalities involved here.

There's a section called LA SOCIAL-DÉMOCRATIE ET LA FINANCE AMÉRICAINE A propos de la démission de Hilferding in Pierre Naville's L'entre-deux guerres: La lutte des classes en France, 1927-1939 (624 pages, 1975).

Some further background:
McNeil, William C., American Money and the Weimar Republic: Economics and Politics on the Eve of the Great Depression. New York: Columbia University, 1986, 352 p.

[quote=Hershel D. Meyer (Must we Perish?)]The "Marshall Plans" of that period were called the Dawes and Young plans, after the American bankers who devised them. The Morgan trusts, through the banker Charles G. Dawes, and Herbert Hoover, and the General Electric combine, through Owen D. Young, arranged for billions in American private and public funds to be poured into Germany. S. Parker Gilbert, a Morgan partner, was appointed general reparations agent for Germany. Herbert Hoover, John Foster Dulles, Averell Harriman drew up the Dawes plan with Hjalmar Schacht, the German financial manipulator, and floated other American loans to Berlin as well. Additional American investments of $420,000,000 in oil, electric, auto and aircraft factories supplied the German reactionaries, and later Hitler, with a first rate industry. All told, Wall Street sank some four billion dollars into Germany in the five years after 1924.

The biggest role in channeling American capital into Germany was played by Dillon Read and Company, New York investment bankers, directed by William Draper and James Forrestal (later to become top policy makers in the Truman administration1). At Schacht's request they unloaded, on behalf of the Reichsbank, seven and a half billion depreciated marks on American buyers to whom they were recommended as a good investment. No sooner did Dillon Read dispose of them than they were declared worthless by the German government. The loot was divided between Dillon Read and Company and the Reichsbank.[/quote]