Austro-Marxism (from the 1900s onwards)
Austro-Marxism refers to a bundle of theoretical approaches that were linked both in terms of people and politically to Austrian social democracy.
Austro-Marxism attempted to develop several aspects of Marxism and adapt it to the contemporary situation. For example, Rudolf Hilferding’s Finance Capital (1910) analysed contemporary processes of capitalist accumulation that went beyond those put forward in Marx’s Capital. See also the entry on Austro-Marxism in Theories and debates following Marx.