Understanding the Economic Basics and Modern Capitalism

Understanding the Economic Basics and Modern Capitalism PDF Author: Dan Blatt
Publisher: iUniverse
ISBN: 1491740620
Category : Business & Economics
Languages : en
Pages : 561

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Book Description
UNDERSTANDING of the economic successes and failures of the past century and today begins here. Dan Blatt, after almost a half-century of accurate published economic forecasts, examines history's most important economic works. He shows why capitalist market mechanisms successfully raise billions out of poverty and why socialist and other administered alternatives flourish briefly and then collapse. UNDERSTANDING begins with the basic texts: An Inquiry into the Nature and Causes of the Wealth of Nations, by Adam Smith; The Principles of Political Economy and Taxation, by David Ricardo; Capital (Das Kapital), by Karl Marx; The General Theory of Employment, Interest and Money, by John Maynard Keynes; Capitalism, Socialism, and Democracy by Joseph A. Schumpeter. The analysis is readily comprehensible for college level readers and busy professionals. The style facilitates speed-reading and scanning but with liberal inclusion of quoted material covering the key ideas and most famous passages. Understanding the Economic Basics and Modern Capitalism is your source for rapid familiarity with these basic works and the reasons for the repetitive failure of current economic policies.

Understanding the Economic Basics and Modern Capitalism

Understanding the Economic Basics and Modern Capitalism PDF Author: Dan Blatt
Publisher: iUniverse
ISBN: 1491740620
Category : Business & Economics
Languages : en
Pages : 561

Get Book

Book Description
UNDERSTANDING of the economic successes and failures of the past century and today begins here. Dan Blatt, after almost a half-century of accurate published economic forecasts, examines history's most important economic works. He shows why capitalist market mechanisms successfully raise billions out of poverty and why socialist and other administered alternatives flourish briefly and then collapse. UNDERSTANDING begins with the basic texts: An Inquiry into the Nature and Causes of the Wealth of Nations, by Adam Smith; The Principles of Political Economy and Taxation, by David Ricardo; Capital (Das Kapital), by Karl Marx; The General Theory of Employment, Interest and Money, by John Maynard Keynes; Capitalism, Socialism, and Democracy by Joseph A. Schumpeter. The analysis is readily comprehensible for college level readers and busy professionals. The style facilitates speed-reading and scanning but with liberal inclusion of quoted material covering the key ideas and most famous passages. Understanding the Economic Basics and Modern Capitalism is your source for rapid familiarity with these basic works and the reasons for the repetitive failure of current economic policies.

Classical Political Economics and Modern Capitalism

Classical Political Economics and Modern Capitalism PDF Author: Lefteris Tsoulfidis
Publisher: Springer Nature
ISBN: 3030179672
Category : Political Science
Languages : en
Pages : 465

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Book Description
This book promotes an in-depth understanding of the key mechanisms that govern the functioning of capitalist economies, pursuing a Classical Political Economics approach to do so. It explores central theoretical issues addressed by the classical economists Smith and Ricardo, as well as Marx, while also operationalizing more recent theoretical developments inspired by the works of Sraffa and other modern classical economists, using actual data from major economies. On the basis of this approach, the book subsequently provides alternative explanations for various microeconomic issues such as the determination of equilibrium prices and their movement induced by changes in income distribution; the dynamics of competition of firms within and between industries; the law of tendential equalization of interindustry profit rates; and international exchanges and transfers of value; as well as macroeconomic issues concerning capital accumulation and cyclical economic growth. Given its scope, the book will benefit all researchers, students, and policymakers seeking new explanations for observed phenomena and interested in the mechanisms that give rise to surface economic categories, such as prices, profits, the unemployment rate, interest rates, and long economic cycles.

A People's Guide to Capitalism

A People's Guide to Capitalism PDF Author: Hadas Thier
Publisher: Haymarket Books
ISBN: 1642592188
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
A lively, accessible, and timely guide to Marxist economics for those who want to understand and dismantle the world of the 1%. Economists regularly promote Capitalism as the greatest system ever to grace the planet. With the same breath, they implore us to leave the job of understanding the magical powers of the market to the “experts.” Despite the efforts of these mainstream commentators to convince us otherwise, many of us have begun to question why this system has produced such vast inequality and wanton disregard for its own environmental destruction. This book offers answers to exactly these questions on their own terms: in the form of a radical economic theory. “Thier’s urgently needed book strips away jargon to make Marx’s essential work accessible to today’s diverse mass movements.” —Sarah Leonard, contributing editor to The Nation “A great book for proletarian chain-breaking.” —Rob Larson, author of Bit Tyrants: The Political Economy of Silicon Valley “Thier unpacks the mystery of capitalist inequality with lucid and accessible prose . . . . We will need books like A People’s Guide to help us make sense of the root causes of the financial crises that shape so many of our struggles today.” —Keeanga-Yamahtta Taylor, author of Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership “Ranging from exploitation at work to the operations of modern finance, this book takes the reader through a fine-tuned introduction to Marx’s analysis of the modern economy . . . . Thier combines theoretical explanation with contemporary examples to illuminate the inner workings of capitalism . . . . Reminds us of the urgent need for alternatives to a crisis-ridden system.” —David McNally, author of Blood and Money

An Introduction to Capitalism

An Introduction to Capitalism PDF Author: Paul Swanson
Publisher: Routledge
ISBN: 1136230750
Category : Business & Economics
Languages : en
Pages : 393

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Book Description
Embedded in an historical account of the development of U.S. capitalism up to the present day, this book gives the reader a thorough description of the major aspects of the U.S. economy, as well as a theoretical understanding of the overall economy. A particular focus of this book is how free markets work in capitalism and the interrelationship between markets and the government. Of particular interest in the current economic situation is the question of what can the government do to get the economy going again. Underlying the standard economics text today is the fundamental belief that leaving markets as free as possible will lead to the ideal economy. Directly opposing this approach, this book takes a critical stance toward free markets. Rather than viewing markets as the ideal solution to almost all economic problems, this book argues that markets are not always the answer. On the contrary, they are often the problem, and must be corrected by government action. Related to this critical stance, and in a further departure from current economics texts, this book takes an explicitly Keynesian approach to the macro-economy. Rejecting the free market approach which dominates both micro- and macro-economics today, this book offers a fresh perspective on economics and the economy today.

3 books to know Capitalism

3 books to know Capitalism PDF Author: Adam Smith
Publisher: Tacet Books
ISBN: 3967992780
Category : Business & Economics
Languages : en
Pages : 1769

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Book Description
Welcome to the3 Books To Knowseries, our idea is to help readers learn about fascinating topics through three essential and relevant books. These carefully selected works can be fiction, non-fiction, historical documents or even biographies. We will always select for you three great works to instigate your mind, this time the topic is:Capitalism An Inquiry into the Nature and Causes of the Wealth of Nations is the magnum opus of the Scottish economist and moral philosopher Adam Smith. Published in 1776, the book offers one of the world's first collected descriptions of what builds nations' wealth, and is today a fundamental work in classical economics. By reflecting upon the economics at the beginning of the Industrial Revolution, the book touches upon such broad topics as the division of labour, productivity, and free markets. The Protestant Ethic and the Spirit of Capitalism, written by Max Weber, a German sociologist, economist, and politician. It is considered a founding text in economic sociology and sociology in general. Weber wrote that capitalism in Northern Europe evolved when the Protestant ethic influenced people to engage in the secular world, developing enterprises and engaging in trade and the accumulation of wealth. In other words, the Protestant work ethic was an important force behind the unplanned and uncoordinated emergence of modern capitalism. North and South is a social novel published in 1855 by English writer Elizabeth Gaskell. North and South uses a protagonist from southern England to present and comment on the perspectives of mill owners and workers in an industrialising city. The novel exposes the complexity of labor relations and their impact on mill owners and workers. This is one of many books in the series 3 Books To Know. If you liked this book, look for the other titles in the series, we are sure you will like some of the topics.

Capitalism: The Basics

Capitalism: The Basics PDF Author: David Coates
Publisher: Routledge
ISBN: 1135786240
Category : Political Science
Languages : en
Pages : 172

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Book Description
The global economy is dominated by a powerful set of established and emerging capitalisms, from the long-standing capitalist economies of the West to the rising economies of the BRIC (Brazil, Russia, India and China) countries. An understanding of capitalism is therefore fundamental to understanding the modern world. Capitalism: The Basics is an accessible introduction to a variety of capitalisms and explores key topics such as: the history of major capitalist economies; the central role played by both states and markets in the global economy; the impact of capitalism on wages, workers and welfare; approaches to the analysis of capitalism, and choices for capitalism’s future. Examining capitalism from both above and below, featuring a range of case studies from around the globe, and including a comprehensive glossary, this book is the ideal introduction for students studying capitalism.

Economic Sociology

Economic Sociology PDF Author: Carlo Trigilia
Publisher: John Wiley & Sons
ISBN: 0470692855
Category : Social Science
Languages : en
Pages : 304

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Book Description
This book systematically reconstructs the origins and new advances in economic sociology. By presenting both classical and contemporary theory and research, the volume identifies and describes the continuity between past and present, and the move from economics to economic sociology. Most comprehensive and up-to-date overview available by an internationally renowned, award-winning economic sociologist Systematically reconstructs the origins and new advances in economic sociology Organizes the perspectives and methods of economic sociologists of the classical and contemporary eras, including coverage of modernization, globalization, and the welfare state Provides insights into the social consequences of capitalism in the past and present for students of economic sociology.

Disassembly Required

Disassembly Required PDF Author: Geoff Mann
Publisher: AK Press
ISBN: 1849351260
Category : Business & Economics
Languages : en
Pages : 179

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Book Description
Capitalism is a complex, dynamic, and extraordinarily robust way of organizing human life; it is also a system that achieves prosperity for the few, impoverishes the many, and depletes the commons for all. We know that capitalism is a broken system, in desperate need of change. But, to imagine a different system, we first need to understand how capitalism actually exists today —and be able to explain to others how it works, and why change is needed. Disassembly Required is an attempt to meet these challenges. It offers an anti-capitalist analysis of capitalism, and, even more important, it explains why it is anti-capitalist. It does not stop at claiming that the present way of organizing the “economic” aspects of our lives is politically indefensible and ecologically unsustainable, but digs into the details of capitalist institutions and the economics that justify them. From money and markets to the subprime crisis, it explains the fundamental features of contemporary capitalism and how they contribute, sometimes in surprising ways, to overall capitalist dynamics. “A brilliantly lucid book. Mann illuminates the basic principles of modern capitalism, their expressions in contemporary economies and states, and their devastating socio-ecological consequences for working people everywhere. This is a must-read if we are to envision ways of organizing our common planetary existence that are not based upon the illusory promises of market fundamentalism and the suicidal ideology of endless economic growth.”—Neil Brenner, New State Spaces “Geoff Mann is a new breed of monkey-wrencher. He knows that contemporary capitalism has a perverse habit of dismantling itself and gives us a toolkit to build a new, more socially just edifice.”—Andy Merrifield, Magical Marxism “Insightful and incisive, thoughtful and thorough, filled with new avenues for thinking about resistence. Pass this one by at your own peril.”—Matt Hern, Common Ground in a Liquid City “An essential handbook for understanding ‘actually existing’ capitalism, and thus the world as it really is—rather than as it is theorized and justified by the dissembling high priests of mainstream academia, policy, and politics.”—Christian Parenti, Tropic of Chaos

The Accumulation of Capital

The Accumulation of Capital PDF Author: Rosa Luxemburg
Publisher: Good Press
ISBN:
Category : Fiction
Languages : en
Pages : 290

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Book Description
'The Accumulation of Capital' is a book on Marxist economics written by Rosa Luxemburg. In the polemic, she argued that capitalism needs to constantly expand into non-capitalist areas in order to access new supply sources, markets for surplus-value, and reservoirs of labor. According to Luxemburg, Marx had made an error in Capital in that the proletariat could not afford to buy the commodities they produced, and therefore by his own criteria it was impossible for capitalists to make a profit in a closed-capitalist system since the demand for commodities would be too low, and therefore much of the value of commodities could not be transformed into money. Therefore, according to Luxemburg, capitalists sought to realize profits through offloading surplus commodities onto non-capitalist economies, hence the phenomenon of imperialism as capitalist states sought to dominate weaker economies. This however led to the destruction of non-capitalist economies as they were increasingly absorbed into the capitalist system. With the destruction of non-capitalist economies however, there would be no more markets to offload surplus commodities onto, and capitalism would break down.

Free Market Economics, Third Edition

Free Market Economics, Third Edition PDF Author: Steven Kates
Publisher: Edward Elgar Publishing
ISBN: 1786431394
Category :
Languages : en
Pages : 480

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Book Description
If you are genuinely interested in what is wrong with modern economics, this is where you can find out. If you would like to understand the flaws in Keynesian macro, this is the book you must read. If you are interested in marginal analysis properly explained, you again need to read this book. Based on the classical principles of John Stuart Mill, it is what is missing today; a text based on explaining how an economy works from a supply-side perspective.