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Author: Samuel Allen Chambers
Publisher: Oxford University Press
ISBN: 0197556884
Category : Capitalism
Languages : en
Pages : 217
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Book Description
"Modern economics does not explain, and does not even attempt to explain, capitalism; rather, both introductory texts and advanced scholarship presuppose capitalism as a universal, natural entity. In stark contrast, Capitalist Economics introduces and explains the basic economic forces that shape the present and structure the future of capitalist societies today. Rejecting the naive idea that economics is a universal science of "choice" or the "efficient allocation of scarce resources," this book analyzes economic forces and relations as essential elements of a broader society. This entails understanding "the economic" as a force or a logic that always operates alongside cultural, political, and social forces, and it requires grasping that force as itself a product of historical development. This book explores the unique economic forces found in capitalist societies, offering detailed yet concise analysis of basic concepts - commodities, money, exchange, interest - and investigating broader issues such as the source of profit, the nature of growth, and the role of technology and invention"--
Author: Samuel Allen Chambers
Publisher: Oxford University Press
ISBN: 0197556884
Category : Capitalism
Languages : en
Pages : 217
Get Book Here
Book Description
"Modern economics does not explain, and does not even attempt to explain, capitalism; rather, both introductory texts and advanced scholarship presuppose capitalism as a universal, natural entity. In stark contrast, Capitalist Economics introduces and explains the basic economic forces that shape the present and structure the future of capitalist societies today. Rejecting the naive idea that economics is a universal science of "choice" or the "efficient allocation of scarce resources," this book analyzes economic forces and relations as essential elements of a broader society. This entails understanding "the economic" as a force or a logic that always operates alongside cultural, political, and social forces, and it requires grasping that force as itself a product of historical development. This book explores the unique economic forces found in capitalist societies, offering detailed yet concise analysis of basic concepts - commodities, money, exchange, interest - and investigating broader issues such as the source of profit, the nature of growth, and the role of technology and invention"--
Author: George Reisman
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 1046
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Book Description
Author: Michal Kalecki
Publisher: CUP Archive
ISBN: 9780521079839
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
Author: Paul Collier
Publisher: HarperCollins
ISBN: 0062748661
Category : History
Languages : en
Pages : 369
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Book Description
Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.
Author: Clifford F. Thies
Publisher: Rowman & Littlefield
ISBN: 1498546161
Category : Business & Economics
Languages : en
Pages : 255
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Book Description
Global Economics looks beyond the mere interaction of national economies as is implied by the term 'international economics.' It examines the integration of national economies into the emerging global economy. In keeping with the subtitle A Holistic Approach, the book considers the roles of technology, political arrangements, the rule of law, natural resources, climate change, social institutions and values, in addition to the role of economics (narrowly defined). In fact, recourse to abstract economic analysis is restrained, and discussion is replete with concrete examples and case studies. Specific topics include trade theory, policy and agreements, foreign exchange, exchange rate determination and hedging, international capital and labor flows, financial crises and development. The book details the changes that took place with the Industrial Revolution and the subsequent spread of market economics and democratic government. It develops the classic theory of comparative advantage, and then applies and extends the theory to explain the complex trade patterns of today. It uses game theory to analyze trade policy, and the tragedy of the commons to address the resource curse. The book covers topics such as the relationship of defense to trade policy not typically considered by international economics, in addition to taking a fresh approach to the traditional topics.
Author: Geert Reuten
Publisher: Historical Materialism
ISBN: 9781642593730
Category : Business & Economics
Languages : en
Pages : 727
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Book Description
Geert Reuten offers a systematic exposition of the capitalist system, showing that the capitalist economy and the capitalist state constitute a unity.
Author: Heather Whiteside
Publisher: Routledge
ISBN: 0429888031
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
Winner of the Rik Davidson/Studies in Political Economy 2022 Book Prize A key text, Capitalist Political Economy: Thinkers and Theories analyses the field-forming theoretical contributions to political economy that have defined, debated, critiqued, and defended capitalism for more than three centuries. Political economy recognizes and celebrates the many and varied interconnections between politics and economics in society, together with the economic implications of public policy and the political impact of market and property relations. As such, political economy is both an approach to understanding capitalism and a reflection of the forms and features of capitalism at particular moments. Grounded in primary and secondary literature including theorists’ original writings and leading literary biographies, this text explores principal themes in the development of capitalism and political economic thought. It relates these to markets, property, profits, labour, investment, innovation, the state, growth and crises, gender, the ecological limits of capital accumulation, and rival economic practices. The book contextualizes the legacy of foundational political economists by exploring their life and times and putting them in conversation with other highly influential theorists. Equally, it also considers more contemporary views. This book serves as an indispensable source for academic communities who are interested in the long arc of capitalist development, theories, and theorists.
Author: William H. Janeway
Publisher: Cambridge University Press
ISBN: 1107031257
Category : Business & Economics
Languages : en
Pages : 345
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Book Description
A unique insight into the interaction between the state, financiers and entrepreneurs in the modern innovation economy.
Author: Makoto Itoh
Publisher: Springer
ISBN: 1349191078
Category : Political Science
Languages : en
Pages : 444
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Book Description
Author: Anwar Shaikh
Publisher: Oxford University Press
ISBN: 0199390657
Category : Business & Economics
Languages : en
Pages : 1019
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Book Description
Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.
