(1)在西方经济学家中,承续《资本论》和伯恩斯坦,最早注目于股份制研究的人,是美国制度经济学的早期代表凡勃伦。1904年,他发表《企业论》一书,和《资本论》的认定相同,提出股份制是“信用手段”的一种新的使用方式或曰“信用经济”(商务印书馆1959年版第64页,第85页;《马克思恩格斯全集》第25卷492—493页),是“借助于信用筹集资金以扩大资本的简化程序,在现代工业公司的改组与合并中达到了发展的顶点”(第67页)。由此,凡氏认 (1) Of the Western economists who inherit Capital and Bernstein, the earliest scholars who studied the shareholding system are Veblen, the early representative of institutional economics in the United States. In 1904, he published the book Business Theory, which shares the same definition of “capitalism” and proposed that the shareholding system be a new way of using “credit instruments” or “credit economy” (Commercial Press, 1959, p. 64 , P. 85; the Complete Works of Marx and Engels, vol. 25, pp. 492-493) is “the culmination of development in the reorganization and consolidation of modern industrial corporations by simplifying the process of raising capital by means of credit” 67 pages). As a result, Van recognition