Rudolf Hilferding (August 10, 1877 - February 11, 1941) on State Socialism and Autocracy

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(1877 - 1941)

Austrian-born Marxist Economist, Socialist Theorist, Politician and the Chief Theoretician for the Social Democratic Party of Germany (SPD) during the Weimar Republic

: An Austrian-born Marxist economist, socialist theorist,[1] politician and the chief theoretician for the Social Democratic Party of Germany (SPD) during the Weimar Republic, being almost universally recognized as the SPD's foremost theoretician of this century. He was also a physician. (From: Wikipedia.org.)


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Quote #3 on Economic Struggle Quotes >> State Socialism and Autocracy

“For this reason the controversy as to whether the economic system of the Soviet Union is "capitalist" or "socialist" seems to me rather pointless. It is neither. It represents a totalitarian state economy, i.e. a system to which the economies of [Nazi] Germany and [Fascist] Italy are drawing closer and closer.”

Source: "State Capitalism or Totalitarian State Economy," by Rudolf Hilferding, Written: 1940?, Source: The Modern Review, June 1947, pp. 266-71.

"State Capitalism or Totalitarian State Economy," by Rudolf Hilferding, Written: 1940?, Source: The Modern Review, June 1947, pp. 266-71.

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