ZHOU Shaodong;ZHANG Heng;

• 1:School of Marxism
• 2: Wuhan University

Abstract：

Focusing on the latest stage of development of contemporary capitalism, academics have proposed “Digital Capitalism” and “Financial Capitalism”, but neither of these views can fully summarise the new features of contemporary capitalist mode of production. This paper argues that the “Digital-Financial” capital of contemporary capitalism are formed by combining digital productive forces and monopoly financial capital, and presents two types of “digitisation of financial capital” and “financialization of digital industry”. The former repairs the capitalist mode of production, and the latter pushes it to achieve a new leap. The new types of profitability means derived from “Digital-Financial” capital have promoted a new round of international expansion in capitalist countries. while The latest features of contemporary capitalism show that “Digital-Financial” capitalism is the latest stage in the transition period from state monopoly capitalism to international monopoly capitalism in the context of the information revolution.

Key Words： “Digital-Financial” capital;contemporary capitalism;mode of production;international monopoly capitalism

Abstract:

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Foundation:

Authors: ZHOU Shaodong;ZHANG Heng;

References：

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• (1)“数字—金融”资本是本文通过提炼资本主义最新特征得到的概念,指金融资本和数字企业融合后形成的新型垄断资本,以投资不同阶段的数字企业和孵化初创数字企业的方式实现资本增长。
• (2)“数字资本主义”概念最早由丹·席勒提出,其主要特征是以信息通信产业为经济增长极。参见习勒(2017)、森健和日户浩之(2020)。
• (3)见《资本论》第二卷马克思对资本流通的阐述,G表示货币资本,W表示商品资本,G′表示增值的货币资本。在传统金融资本积累体系中,W—G′之间还可引入虚拟资本F,即G—W—F—G′。
• (4)资料来源:《Uber招股书:2018净利润10亿美元全靠滴滴?》,新浪财经,2019年4月15日,https://finance.sina.com.cn/stock/hkstock/hkstocknews/2019-04-15/doc-ihvhiqax2679221.shtml.