Since late 1970s,capitalism has developed into a new phase—International Finance Monopoly Capitalism, the most significant change of which is the emergence of finance monopoly capital andits evolution into international finance monopoly capital.Financialization is the impetus of the arise offinance monopoly capital, not only the finance industry expands comparing with material productionindustry, but also the ratio of financial assets and real assets in finance capital increases a lot; globalization makes it possible for finance monopoly capital to extend its influences to the whole world andbecome internationalized; dollarization supports the development of finance monopoly capital in US;the concept of country is not ambiguous because of the global circulate of finance monopoly capital.The development of finance monopoly capital forms the basis for the frequently break out of financialcrisis.

　　

　　

　　Editor: Zhou Miao