ABSTRACT
Anticipated already in 1910 by Hilferding's notion of "organized capitalism," functionalist marxism saw the key to the longevity of capitalism in interventions by the state. Convinced that markets are inevitably chaotic, this perspective discovered in the state the architect of economic order. These two deeply held beliefs - the doubt that decentralized actions could provide a foundation of a social order and the faith in the capacity of the state as the demiurge of society - delimited the problematic of functionalist marxism.61
