Author: John Love
Publisher: Routledge
ISBN: 1315278391
Category : Social Science
Languages : en
Pages : 265
Book Description
This book provides the groundwork for a general theory of modern capitalism by reinterpreting Max Weber’s work on the origins and institutional underpinnings of modern capitalism, and Joseph Schumpeter’s thought on the mechanisms and functioning of the capitalist economy. Focusing on the lesser-known works of both figures, particularly in the case of Weber, whose writings on economics and economic history are frequently overlooked, the author contends that a combination of Schumpeter’s and Weber’s theoretical schemas, incorporating their many valuable insights, provides the basis of a unified, overall theory of modern capitalism that is comprehensive, coherent and persuasive. With attention to the important theoretical connections between Weber and Schumpeter and the respective contributions of both with regard to the nature and workings of capitalism, the author explores the compatibility of the two approaches, arguing that the full significance of the contributions of the two writers has not been adequately appreciated. A systematic and sympathetic comparison and synthesis of the contributions of two of the central figures in social and economic theory, which highlights the enduring relevance of their work in times of political and economic crisis, Weber, Schumpeter and Modern Capitalism will appeal to scholars across the social sciences with interests in social and economic theory, classical sociology and economic history.
Weber, Schumpeter and Modern Capitalism
Author: John Love
Publisher: Routledge
ISBN: 1315278391
Category : Social Science
Languages : en
Pages : 265
Book Description
This book provides the groundwork for a general theory of modern capitalism by reinterpreting Max Weber’s work on the origins and institutional underpinnings of modern capitalism, and Joseph Schumpeter’s thought on the mechanisms and functioning of the capitalist economy. Focusing on the lesser-known works of both figures, particularly in the case of Weber, whose writings on economics and economic history are frequently overlooked, the author contends that a combination of Schumpeter’s and Weber’s theoretical schemas, incorporating their many valuable insights, provides the basis of a unified, overall theory of modern capitalism that is comprehensive, coherent and persuasive. With attention to the important theoretical connections between Weber and Schumpeter and the respective contributions of both with regard to the nature and workings of capitalism, the author explores the compatibility of the two approaches, arguing that the full significance of the contributions of the two writers has not been adequately appreciated. A systematic and sympathetic comparison and synthesis of the contributions of two of the central figures in social and economic theory, which highlights the enduring relevance of their work in times of political and economic crisis, Weber, Schumpeter and Modern Capitalism will appeal to scholars across the social sciences with interests in social and economic theory, classical sociology and economic history.
Publisher: Routledge
ISBN: 1315278391
Category : Social Science
Languages : en
Pages : 265
Book Description
This book provides the groundwork for a general theory of modern capitalism by reinterpreting Max Weber’s work on the origins and institutional underpinnings of modern capitalism, and Joseph Schumpeter’s thought on the mechanisms and functioning of the capitalist economy. Focusing on the lesser-known works of both figures, particularly in the case of Weber, whose writings on economics and economic history are frequently overlooked, the author contends that a combination of Schumpeter’s and Weber’s theoretical schemas, incorporating their many valuable insights, provides the basis of a unified, overall theory of modern capitalism that is comprehensive, coherent and persuasive. With attention to the important theoretical connections between Weber and Schumpeter and the respective contributions of both with regard to the nature and workings of capitalism, the author explores the compatibility of the two approaches, arguing that the full significance of the contributions of the two writers has not been adequately appreciated. A systematic and sympathetic comparison and synthesis of the contributions of two of the central figures in social and economic theory, which highlights the enduring relevance of their work in times of political and economic crisis, Weber, Schumpeter and Modern Capitalism will appeal to scholars across the social sciences with interests in social and economic theory, classical sociology and economic history.
Theories of Modern Capitalism (Routledge Revivals)
Author: Tom Bottomore
Publisher: Routledge
ISBN: 1136971211
Category : Political Science
Languages : en
Pages : 173
Book Description
First published in 1985, Theories of Modern Capitalism provides a succinct study of Marxist and non-Marxist theories of Capitalism, its recent development, and the prospects of a transition to socialism. The study begins with a critical examination and comparison of four major theories of capitalism, in the works of Marx, Weber, Schumpeter and Hayek. This is followed by an analysis of the most recent phase of capitalism which has been conceptualised by Marxists thinkers in various ways as 'organised capitalism'', 'state monopoly', or 'late capitalism'. Finally, Bottomore considers the question of a 'transition to socialism' in the diverse interpretations which have been offered by Marxists on one side, and by Weber, Schumpeter and Hayek on the other. Theories of Modern Capitalism will be valuable in a wide range of courses in social and political theory, and will also have an appeal to a broader readership concerned with issues of social and economic policy.
Publisher: Routledge
ISBN: 1136971211
Category : Political Science
Languages : en
Pages : 173
Book Description
First published in 1985, Theories of Modern Capitalism provides a succinct study of Marxist and non-Marxist theories of Capitalism, its recent development, and the prospects of a transition to socialism. The study begins with a critical examination and comparison of four major theories of capitalism, in the works of Marx, Weber, Schumpeter and Hayek. This is followed by an analysis of the most recent phase of capitalism which has been conceptualised by Marxists thinkers in various ways as 'organised capitalism'', 'state monopoly', or 'late capitalism'. Finally, Bottomore considers the question of a 'transition to socialism' in the diverse interpretations which have been offered by Marxists on one side, and by Weber, Schumpeter and Hayek on the other. Theories of Modern Capitalism will be valuable in a wide range of courses in social and political theory, and will also have an appeal to a broader readership concerned with issues of social and economic policy.
The Economics and Sociology of Capitalism
Author: Joseph A. Schumpeter
Publisher: Princeton University Press
ISBN: 9780691003832
Category : Biography & Autobiography
Languages : en
Pages : 508
Book Description
Joseph Schumpeter remains a highly enigmatic theorist in the history of modern economics. His contributions, however, sought unity among theoretical economics, economic sociology, history, and statistics during a time when emphasis on such matters has been decidedly losing ground within the academic profession on both sides of the Atlantic. This anthology is a timely response to the reigning orthodoxy, expecially in view of renewed interest in political economy since the 1970s. It is a superb collection of Schumpeter's essays, some of which are printed in their entirety for the first time, such as "An Economic Interpretation of Our Time," an unpublished essay which was delivered as a Lowell Lecture in 1941. The informative introduction covers the intellectual as well as personal dimensions of Schumpeter, both during his formative European period and in his fully developed but somewhat unhappy American years. ISBN 0-691-04253-5: $50.00.
Publisher: Princeton University Press
ISBN: 9780691003832
Category : Biography & Autobiography
Languages : en
Pages : 508
Book Description
Joseph Schumpeter remains a highly enigmatic theorist in the history of modern economics. His contributions, however, sought unity among theoretical economics, economic sociology, history, and statistics during a time when emphasis on such matters has been decidedly losing ground within the academic profession on both sides of the Atlantic. This anthology is a timely response to the reigning orthodoxy, expecially in view of renewed interest in political economy since the 1970s. It is a superb collection of Schumpeter's essays, some of which are printed in their entirety for the first time, such as "An Economic Interpretation of Our Time," an unpublished essay which was delivered as a Lowell Lecture in 1941. The informative introduction covers the intellectual as well as personal dimensions of Schumpeter, both during his formative European period and in his fully developed but somewhat unhappy American years. ISBN 0-691-04253-5: $50.00.
Essays in Economic Sociology
Author: Max Weber
Publisher: Princeton University Press
ISBN: 9780691009063
Category : Business & Economics
Languages : en
Pages : 334
Book Description
Economic sociologist and Weber scholar Richard Swedberg has, in this volume, selected essays from Weber's enormous body of writings on the subject of economic sociology. The central themes of the anthology are modern capitalism and its relationships to politics, law, culture and religion.
Publisher: Princeton University Press
ISBN: 9780691009063
Category : Business & Economics
Languages : en
Pages : 334
Book Description
Economic sociologist and Weber scholar Richard Swedberg has, in this volume, selected essays from Weber's enormous body of writings on the subject of economic sociology. The central themes of the anthology are modern capitalism and its relationships to politics, law, culture and religion.
Perspectives on Capitalism
Author: Krishna Bharadwaj
Publisher:
ISBN: 9788170361626
Category : Capitalism
Languages : en
Pages : 270
Book Description
Publisher:
ISBN: 9788170361626
Category : Capitalism
Languages : en
Pages : 270
Book Description
Capitalism, Institutions, and Economic Development
Author: Michael G. Heller
Publisher: Routledge
ISBN: 1135214999
Category : Business & Economics
Languages : en
Pages : 333
Book Description
In this forthright challenge to relativist economic recipes for growth and culturalist-incrementalist views in institutional economics, Heller draws on Weber, Schumpeter, and Hayek to present a new universalistic vision of capitalism's depersonalized institutions as well as the ideological policies needed during constructed capitalist transitions.
Publisher: Routledge
ISBN: 1135214999
Category : Business & Economics
Languages : en
Pages : 333
Book Description
In this forthright challenge to relativist economic recipes for growth and culturalist-incrementalist views in institutional economics, Heller draws on Weber, Schumpeter, and Hayek to present a new universalistic vision of capitalism's depersonalized institutions as well as the ideological policies needed during constructed capitalist transitions.
Capitalism
Author: Jürgen Kocka
Publisher: Princeton University Press
ISBN: 0691178224
Category : Business & Economics
Languages : en
Pages : 208
Book Description
What Does Capitalism Mean? The Emergence of a Controversial Concept -- Three Classics : Marx, Weber, and Schumpeter -- Other Voices and a Working Definition -- Merchant Capitalism. China and Arabia -- Europe : Dynamic Latecomer -- Interim Findings around 1500 -- Expansion. Business and Violence : Colonialism and World Trade -- Joint-Stock Company and Finance Capitalism -- Plantation Economy and Slavery -- Agrarian Capitalism, Mining, and Proto-Industrialization -- Capitalism, Culture, and Enlightenment : Adam Smith in Context -- The Capitalist Era. The Contours of Industrialization and Globalization since 1800 -- From Ownership to Managerial Capitalism -- Financialization -- Work in Capitalism -- Market and State -- Analysis and Critique.
Publisher: Princeton University Press
ISBN: 0691178224
Category : Business & Economics
Languages : en
Pages : 208
Book Description
What Does Capitalism Mean? The Emergence of a Controversial Concept -- Three Classics : Marx, Weber, and Schumpeter -- Other Voices and a Working Definition -- Merchant Capitalism. China and Arabia -- Europe : Dynamic Latecomer -- Interim Findings around 1500 -- Expansion. Business and Violence : Colonialism and World Trade -- Joint-Stock Company and Finance Capitalism -- Plantation Economy and Slavery -- Agrarian Capitalism, Mining, and Proto-Industrialization -- Capitalism, Culture, and Enlightenment : Adam Smith in Context -- The Capitalist Era. The Contours of Industrialization and Globalization since 1800 -- From Ownership to Managerial Capitalism -- Financialization -- Work in Capitalism -- Market and State -- Analysis and Critique.
Max Weber and the Idea of Economic Sociology
Author: Richard Swedberg
Publisher: Princeton University Press
ISBN: 0691187665
Category : Social Science
Languages : en
Pages : 326
Book Description
While most people are familiar with The Protestant Ethic and the Spirit of Capitalism, few know that during the last decade of his life Max Weber (1864-1920) also tried to develop a new way of analyzing economic phenomena, which he termed "economic sociology." Indeed, this effort occupies the central place in Weber's thought during the years just before his death. Richard Swedberg here offers a critical presentation and the first major study of this fascinating part of Weber's work. This book shows how Weber laid a solid theoretical foundation for economic sociology and developed a series of new and highly evocative concepts. He not only investigated economic phenomena but also linked them clearly with political, legal, and religious phenomena. Swedberg also demonstrates that Weber's approach to economic sociology addresses a major problem that has haunted economic analysis since the nineteenth century: how to effectively unite an interest-driven type of analysis (popular with economists) with a social one (of course preferred by sociologists). Exploring Weber's views of the economy and how he viewed its relationship to politics, law, and religion, Swedberg furthermore discusses similarities and differences between Weber's economic sociology and present-day thinking on the same topic. In addition, the author shows how economic sociology has recently gained greater credibility as economists and sociologists have begun to collaborate in studying problems of organizations, political structures, social problems, and economic culture more generally. Swedberg's book will be sure to further this new cooperation.
Publisher: Princeton University Press
ISBN: 0691187665
Category : Social Science
Languages : en
Pages : 326
Book Description
While most people are familiar with The Protestant Ethic and the Spirit of Capitalism, few know that during the last decade of his life Max Weber (1864-1920) also tried to develop a new way of analyzing economic phenomena, which he termed "economic sociology." Indeed, this effort occupies the central place in Weber's thought during the years just before his death. Richard Swedberg here offers a critical presentation and the first major study of this fascinating part of Weber's work. This book shows how Weber laid a solid theoretical foundation for economic sociology and developed a series of new and highly evocative concepts. He not only investigated economic phenomena but also linked them clearly with political, legal, and religious phenomena. Swedberg also demonstrates that Weber's approach to economic sociology addresses a major problem that has haunted economic analysis since the nineteenth century: how to effectively unite an interest-driven type of analysis (popular with economists) with a social one (of course preferred by sociologists). Exploring Weber's views of the economy and how he viewed its relationship to politics, law, and religion, Swedberg furthermore discusses similarities and differences between Weber's economic sociology and present-day thinking on the same topic. In addition, the author shows how economic sociology has recently gained greater credibility as economists and sociologists have begun to collaborate in studying problems of organizations, political structures, social problems, and economic culture more generally. Swedberg's book will be sure to further this new cooperation.
Modern Capitalism - Volume 1: The Pre-Capitalist Economy: A Systematic Historical Depiction of Pan-European Economic Life from Its Origins to the Pr
Author: Werner Sombart
Publisher:
ISBN: 9780473496500
Category : Business & Economics
Languages : en
Pages : 412
Book Description
Werner Sombart (1863-1941) was one of the leading German economists and social scientists of the late 19thand early 20thcenturies. The son of an industrialist, his academic career was hampered by his early reputation as a Marxist economist. However, Sombart in his own work reversed Marx's primacy of base over superstructure and emphasised the role of Geistor spirit. This focus on the psychological foundations of capitalism was to be a constant for Sombart throughout his career and became more pronounced after he became disillusioned with socialism. Max Weber himself, co-editor with Sombart and Edgar Jaffé of the important journal Archiv für Sozialwissenschaft und Sozialpolitik, wrote the following in his most famous work: In general I do not need specially to point out, although the following studies go back in their most important points of view to much older work, how much they owe in their development to the mere existence of Sombart's important works, with their pointed formulations and this even, perhaps especially, where they take a different road. Even those who feel themselves continually and decisively disagreeing with Sombart's views, and who reject many of his theses, have the duty to do so only after a thorough study of his work. (Weber, The Protestant Ethic and the Spirit of Capitalism, 198) Sombart's contribution to economic thought as one of the leading figures in the later German Historical School was extremely wide ranging. All of these contributions were brought together by Sombart in his magnum opus of some 3,000 pages (in 193 chapters): Der moderne Kapitalismus: Historisch-systematische Darstellung des gesamt-europäischen Wirtschaftslebens von seinen Anfängen bis zur Gegenwart, the first part of which - concerning pre-capitalist economic life - is translated into English for the first time in this volume.
Publisher:
ISBN: 9780473496500
Category : Business & Economics
Languages : en
Pages : 412
Book Description
Werner Sombart (1863-1941) was one of the leading German economists and social scientists of the late 19thand early 20thcenturies. The son of an industrialist, his academic career was hampered by his early reputation as a Marxist economist. However, Sombart in his own work reversed Marx's primacy of base over superstructure and emphasised the role of Geistor spirit. This focus on the psychological foundations of capitalism was to be a constant for Sombart throughout his career and became more pronounced after he became disillusioned with socialism. Max Weber himself, co-editor with Sombart and Edgar Jaffé of the important journal Archiv für Sozialwissenschaft und Sozialpolitik, wrote the following in his most famous work: In general I do not need specially to point out, although the following studies go back in their most important points of view to much older work, how much they owe in their development to the mere existence of Sombart's important works, with their pointed formulations and this even, perhaps especially, where they take a different road. Even those who feel themselves continually and decisively disagreeing with Sombart's views, and who reject many of his theses, have the duty to do so only after a thorough study of his work. (Weber, The Protestant Ethic and the Spirit of Capitalism, 198) Sombart's contribution to economic thought as one of the leading figures in the later German Historical School was extremely wide ranging. All of these contributions were brought together by Sombart in his magnum opus of some 3,000 pages (in 193 chapters): Der moderne Kapitalismus: Historisch-systematische Darstellung des gesamt-europäischen Wirtschaftslebens von seinen Anfängen bis zur Gegenwart, the first part of which - concerning pre-capitalist economic life - is translated into English for the first time in this volume.
Prophet of Innovation
Author: Thomas K. McCraw
Publisher: Harvard University Press
ISBN: 0674736966
Category : Biography & Autobiography
Languages : en
Pages : 734
Book Description
Pan Am, Gimbel’s, Pullman, Douglas Aircraft, Digital Equipment Corporation, British Leyland—all once as strong as dinosaurs, all now just as extinct. Destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this bedrock economic principle better than Joseph A. Schumpeter. “Creative destruction,” he said, is the driving force of capitalism. Described by John Kenneth Galbraith as “the most sophisticated conservative” of the twentieth century, Schumpeter made his mark as the prophet of incessant change. His vision was stark: Nearly all businesses fail, victims of innovation by their competitors. Businesspeople ignore this lesson at their peril—to survive, they must be entrepreneurial and think strategically. Yet in Schumpeter’s view, the general prosperity produced by the “capitalist engine” far outweighs the wreckage it leaves behind. During a tumultuous life spanning two world wars, the Great Depression, and the early Cold War, Schumpeter reinvented himself many times. From boy wonder in turn-of-the-century Vienna to captivating Harvard professor, he was stalked by tragedy and haunted by the specter of his rival, John Maynard Keynes. By 1983—the centennial of the birth of both men—Forbes christened Schumpeter, not Keynes, the best navigator through the turbulent seas of globalization. Time has proved that assessment accurate. Prophet of Innovation is also the private story of a man rescued repeatedly by women who loved him and put his well-being above their own. Without them, he would likely have perished, so fierce were the conflicts between his reason and his emotions. Drawing on all of Schumpeter’s writings, including many intimate diaries and letters never before used, this biography paints the full portrait of a magnetic figure who aspired to become the world’s greatest economist, lover, and horseman—and admitted to failure only with the horses.
Publisher: Harvard University Press
ISBN: 0674736966
Category : Biography & Autobiography
Languages : en
Pages : 734
Book Description
Pan Am, Gimbel’s, Pullman, Douglas Aircraft, Digital Equipment Corporation, British Leyland—all once as strong as dinosaurs, all now just as extinct. Destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this bedrock economic principle better than Joseph A. Schumpeter. “Creative destruction,” he said, is the driving force of capitalism. Described by John Kenneth Galbraith as “the most sophisticated conservative” of the twentieth century, Schumpeter made his mark as the prophet of incessant change. His vision was stark: Nearly all businesses fail, victims of innovation by their competitors. Businesspeople ignore this lesson at their peril—to survive, they must be entrepreneurial and think strategically. Yet in Schumpeter’s view, the general prosperity produced by the “capitalist engine” far outweighs the wreckage it leaves behind. During a tumultuous life spanning two world wars, the Great Depression, and the early Cold War, Schumpeter reinvented himself many times. From boy wonder in turn-of-the-century Vienna to captivating Harvard professor, he was stalked by tragedy and haunted by the specter of his rival, John Maynard Keynes. By 1983—the centennial of the birth of both men—Forbes christened Schumpeter, not Keynes, the best navigator through the turbulent seas of globalization. Time has proved that assessment accurate. Prophet of Innovation is also the private story of a man rescued repeatedly by women who loved him and put his well-being above their own. Without them, he would likely have perished, so fierce were the conflicts between his reason and his emotions. Drawing on all of Schumpeter’s writings, including many intimate diaries and letters never before used, this biography paints the full portrait of a magnetic figure who aspired to become the world’s greatest economist, lover, and horseman—and admitted to failure only with the horses.