Evolutions Of Capitalism

Author : Bruce R. Scott
Publisher : Springer Science & Business Media
ISBN 13 : 1461418798
Total Pages : 690 pages
Book Rating : 4.95/5 ( download)

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Download or read book Capitalism written by Bruce R. Scott and published by Springer Science & Business Media. This book was released on 2011-10-02 with total page 690 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two systems of governance, capitalism and democracy, prevail in the world today. Operating simultaneously in partially distinct domains, these systems rely on indirect governance through regulated competition to coordinate actors; inevitably, these systems influence and transform each other. This book rejects the simple equation of capitalism with markets in favor of a three-level system, a model which recognizes that markets are administered by regulators through institutions and governed by a political authority with the power to regulate behavior, punish transgressors, and redesign institutions. This system's emergence required the sovereign to relinquish some power in order to release the energies of economic actors. Rather than spreading through an unguided natural process like trade, capitalism emerged where competitive pressures forced political authorities to take risks in order to achieve increased revenues by permitting markets for land, labor, and capital.

Author : Naomi Beck
Publisher : University of Chicago Press
ISBN 13 : 022655614X
Total Pages : 208 pages
Book Rating : 4.47/5 ( download)

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Download or read book Hayek and the Evolution of Capitalism written by Naomi Beck and published by University of Chicago Press. This book was released on 2018-06-21 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few economists can claim the influence—or fame—of F. A. Hayek. Winner of the Nobel Prize, Hayek was one of the most consequential thinkers of the twentieth century, his views on the free market echoed by such major figures as Ronald Reagan and Margaret Thatcher. Yet even among those who study his work in depth, few have looked closely at his use of ideas from evolutionary science to advance his vision of markets and society. With this book Naomi Beck offers the first full-length engagement with Hayek’s thought from this perspective. Hayek argued that the capitalism we see in advanced civilizations is an unintended consequence of group selection—groups that adopted free market behavior expanded more successfully than others. But this attempt at a scientific grounding for Hayek’s principles, Beck shows, fails to hold water, plagued by incoherencies, misinterpretations of the underlying science, and lack of evidence. As crises around the globe lead to reconsiderations of the place of capitalism, Beck’s excavation of this little-known strand of Hayek’s thought—and its failure—is timely and instructive.

Author : R. R. Suresh
Publisher : SAGE Publications Pvt. Limited
ISBN 13 : 9788132104049
Total Pages : 0 pages
Book Rating : 4.48/5 ( download)

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Download or read book Economy and Society written by R. R. Suresh and published by SAGE Publications Pvt. Limited. This book was released on 2010-09-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The textbook explains the emergence, evolution, and working of the capitalist system with the help of some of the major principles and theories of economics. It interrelates economics and economic life with other aspects of our lives—social, cultural, political, religious, and intellectual. This book departs from the traditional analysis of the capitalist system in integrating the real sector of the economy with its monetary sector and carries forward Keynes' analysis. It underlines that the capitalist system is constantly changing, propelled by the tendency towards increasing concentration of ownership and control of the means of production in fewer and fewer hands.

Author : Casson, Catherine
Publisher : Policy Press
ISBN 13 : 1529214815
Total Pages : 274 pages
Book Rating : 4.19/5 ( download)

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Download or read book Evolutions of Capitalism written by Casson, Catherine and published by Policy Press. This book was released on 2022-04-05 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ambitious collection follows the evolution of capitalism from its origins in 13th-century European towns to its 16th-century expansion into Asia, Africa and South America and on to the global capitalism of modern day. Written by distinguished historians and social scientists, the chapters examine capitalism and its critics and the level of variation and convergence in its operation across locations. The authors illuminate the aspects of capitalism that have encouraged, but also limited, social responsibility and environmental sustainability. Covering times, places and topics that have often been overlooked in the existing literature, this important contribution to the field of economic history charts the most comprehensive chronology of capitalism to date.

Author : Jonathan Levy
Publisher : Random House Trade Paperbacks
ISBN 13 : 0812985184
Total Pages : 945 pages
Book Rating : 4.84/5 ( download)

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Download or read book Ages of American Capitalism written by Jonathan Levy and published by Random House Trade Paperbacks. This book was released on 2022-04-05 with total page 945 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading economic historian traces the evolution of American capitalism from the colonial era to the present—and argues that we’ve reached a turning point that will define the era ahead. “A monumental achievement, sure to become a classic.”—Zachary D. Carter, author of The Price of Peace In this ambitious single-volume history of the United States, economic historian Jonathan Levy reveals how capitalism in America has evolved through four distinct ages and how the country’s economic evolution is inseparable from the nature of American life itself. The Age of Commerce spans the colonial era through the outbreak of the Civil War, and the Age of Capital traces the lasting impact of the industrial revolution. The volatility of the Age of Capital ultimately led to the Great Depression, which sparked the Age of Control, during which the government took on a more active role in the economy, and finally, in the Age of Chaos, deregulation and the growth of the finance industry created a booming economy for some but also striking inequalities and a lack of oversight that led directly to the crash of 2008. In Ages of American Capitalism, Levy proves that capitalism in the United States has never been just one thing. Instead, it has morphed through the country’s history—and it’s likely changing again right now. “A stunning accomplishment . . . an indispensable guide to understanding American history—and what’s happening in today’s economy.”—Christian Science Monitor “The best one-volume history of American capitalism.”—Sven Beckert, author of Empire of Cotton

Author : Geoffrey Martin Hodgson
Publisher : Edward Elgar Publishing
ISBN 13 : 9781843761433
Total Pages : 232 pages
Book Rating : 4.32/5 ( download)

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Download or read book Capitalism in Evolution written by Geoffrey Martin Hodgson and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: '. . . this collection will be useful to economic and business historians in reminding them that capitalism is not a monolithic and unvarying economic system.' - Gail D. Triner, Business History 'Although so many collections of essays such as the one at hand are eclectic and boring, this is clearly an exception. The strength of the volume resides in the fact that it establishes a dialogue among all the authors on the roots of globalization and what the editors call "the precariousness of world markets".' - Francisco Louçã, Journal of Evolutionary Economics For much of the twentieth century, rivalry existed between centrally planned and capitalist solutions to the problems of economic stability and growth. This changed in the 1990s. In that same decade, the period of rapid growth of the Japanese economy came to an end and by the close of the century, the American model of capitalism was seen as the only possible option.

Author : Donald Sassoon
Publisher : Penguin UK
ISBN 13 : 0241315174
Total Pages : 800 pages
Book Rating : 4.70/5 ( download)

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Download or read book The Anxious Triumph written by Donald Sassoon and published by Penguin UK. This book was released on 2019-06-27 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'A magnum opus, an accessible and genuinely global history ... This is a book for today and tomorrow' Financial Times Capitalist enterprise has existed in some form since ancient times, but the globalization and dominance of capitalism as a system began in the 1860s when, in different forms and supported by different political forces, states all over the world developed their modern political frameworks: the unifications of Italy and Germany, the establishment of a republic in France, the elimination of slavery in the American south, the Meiji Restoration in Japan, the emancipation of the serfs in Tsarist Russia. This book magnificently explores how, after the upheavals of industrialisation, a truly global capitalism followed. For the first time in the history of humanity, there was a social system able to provide a high level of consumption for the majority of those who lived within its bounds. Today, capitalism dominates the world. With wide-ranging scholarship, Donald Sassoon analyses the impact of capitalism on the histories of many different states, and how it creates winners and losers by constantly innovating. This chronic instability, he writes, 'is the foundation of its advance, not a fault in the system or an incidental by-product'. And it is this instability, this constant churn, which produces the anxious triumph of his title. To control or alleviate such anxieties it was necessary to create a national community, if necessary with colonial adventures, to develop a welfare state, to intervene in the market economy, and to protect it from foreign competition. Capitalists needed a state to discipline them, to nurture them, and to sacrifice a few to save the rest: a state overseeing the war of all against all. Vigorous, argumentative, surprising and constantly stimulating, The Anxious Triumph gives a fresh perspective on all these questions and on its era. It is a masterpiece by one of Britain's most engaging and wide-ranging historians.

Author : Alan Greenspan
Publisher : Penguin
ISBN 13 : 0735222452
Total Pages : 496 pages
Book Rating : 4.58/5 ( download)

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Download or read book Capitalism in America written by Alan Greenspan and published by Penguin. This book was released on 2018-10-16 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the legendary former Fed Chairman and the acclaimed Economist writer and historian, the full, epic story of America's evolution from a small patchwork of threadbare colonies to the most powerful engine of wealth and innovation the world has ever seen. Shortlisted for the 2018 Financial Times and McKinsey Business Book of the Year Award From even the start of his fabled career, Alan Greenspan was duly famous for his deep understanding of even the most arcane corners of the American economy, and his restless curiosity to know even more. To the extent possible, he has made a science of understanding how the US economy works almost as a living organism--how it grows and changes, surges and stalls. He has made a particular study of the question of productivity growth, at the heart of which is the riddle of innovation. Where does innovation come from, and how does it spread through a society? And why do some eras see the fruits of innovation spread more democratically, and others, including our own, see the opposite? In Capitalism in America, Greenspan distills a lifetime of grappling with these questions into a thrilling and profound master reckoning with the decisive drivers of the US economy over the course of its history. In partnership with the celebrated Economist journalist and historian Adrian Wooldridge, he unfolds a tale involving vast landscapes, titanic figures, triumphant breakthroughs, enlightenment ideals as well as terrible moral failings. Every crucial debate is here--from the role of slavery in the antebellum Southern economy to the real impact of FDR's New Deal to America's violent mood swings in its openness to global trade and its impact. But to read Capitalism in America is above all to be stirred deeply by the extraordinary productive energies unleashed by millions of ordinary Americans that have driven this country to unprecedented heights of power and prosperity. At heart, the authors argue, America's genius has been its unique tolerance for the effects of creative destruction, the ceaseless churn of the old giving way to the new, driven by new people and new ideas. Often messy and painful, creative destruction has also lifted almost all Americans to standards of living unimaginable to even the wealthiest citizens of the world a few generations past. A sense of justice and human decency demands that those who bear the brunt of the pain of change be protected, but America has always accepted more pain for more gain, and its vaunted rise cannot otherwise be understood, or its challenges faced, without recognizing this legacy. For now, in our time, productivity growth has stalled again, stirring up the populist furies. There's no better moment to apply the lessons of history to the most pressing question we face, that of whether the United States will preserve its preeminence, or see its leadership pass to other, inevitably less democratic powers.

Author : Geoffrey M. Hodgson
Publisher : University of Chicago Press
ISBN 13 : 022641969X
Total Pages : 506 pages
Book Rating : 4.95/5 ( download)

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Download or read book Conceptualizing Capitalism written by Geoffrey M. Hodgson and published by University of Chicago Press. This book was released on 2016-09-09 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capitalism is the dominant economic framework in modern history, but it s unclear how it really works. Relying on the free movement and spontaneous coordination of seemingly infinitesimal market forces, its very essence is remarkably complex. Geoffrey M. Hodgson offers a more precise conceptual framework, defines the concepts involved, and illustrates that what is most important, and what has been most often overlooked, are institutions and contractsthe law. Chapter by chapter, Hodgson focuses in on how capitalism works at its very core to develop his own definitive theory of capitalism. By employing economic history and comparative analysis toward explanatory and analytical ends, Hodgson shows how capitalism is not an eternal or natural order, but indeed a relatively recent institution. If anyone were qualified to venture such a comprehensive and definitive analysis of such an important economic, legal, and social phenomenon, it is Geoffrey Hodgson. "Conceptualizing Capitalism" will significantly alter and carry forward our understanding of markets and how they work."

Author : Michel Beaud
Publisher :
ISBN 13 : 9788187879152
Total Pages : 0 pages
Book Rating : 4.57/5 ( download)

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Download or read book A History of Capitalism, 1500-2000 written by Michel Beaud and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Primarily an economic history, this book also shows how the discipline of economics helps to understand politics, society, culture and history. This edition brings the work up to date to the end of the 20th century.