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Now with a substantial new postscript on the financialcrisis
This book provides a basic introduction to the nuts and bolts of capitalism. It starts by examining the classic accounts ofcapitalism found in the works of Adam Smith, Karl Marx, Max Weber,Joseph Schumpeter, and John Maynard Keynes. Each placed emphasis ondifferent institutional elements of capitalism - Smith on themarket s invisible hand ; Marx on capital s exploitation oflabour; Weber on the foundations of economic rationality; andSchumpeter and Keynes on the instability that results fromcapitalism s essentially monetary and financial character.
Drawing on these classic accounts, Ingham then offers a succinctanalysis of capitalism s basic institutions and theirinterconnections. Market exchange, the monetary system, theenterprise, capital and financial markets, and the role of thestate are dealt with in separate chapters which make use ofcontemporary material on the recent history of the capitalistsystem - including the great inflation of the 1970s and theneo-liberal backlash; the dot.com bubble of the late 1990s; andthe collapse of Enron and other US corporations. This revisedversion includes a substantial new postscript on the financialcrisis of 2007-8 and its aftermath. The result is a concise,masterly and up-to-date account of the world s most powerfuleconomic system, written in a way that is accessible to studentsand general readers alike.
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
This book provides a basic introduction to the nuts and bolts of capitalism. It starts by examining the classic accounts ofcapitalism found in the works of Adam Smith, Karl Marx, Max Weber,Joseph Schumpeter, and John Maynard Keynes. Each placed emphasis ondifferent institutional elements of capitalism - Smith on themarket s invisible hand ; Marx on capital s exploitation oflabour; Weber on the foundations of economic rationality; andSchumpeter and Keynes on the instability that results fromcapitalism s essentially monetary and financial character.
Drawing on these classic accounts, Ingham then offers a succinctanalysis of capitalism s basic institutions and theirinterconnections. Market exchange, the monetary system, theenterprise, capital and financial markets, and the role of thestate are dealt with in separate chapters which make use ofcontemporary material on the recent history of the capitalistsystem - including the great inflation of the 1970s and theneo-liberal backlash; the dot.com bubble of the late 1990s; andthe collapse of Enron and other US corporations. This revisedversion includes a substantial new postscript on the financialcrisis of 2007-8 and its aftermath. The result is a concise,masterly and up-to-date account of the world s most powerfuleconomic system, written in a way that is accessible to studentsand general readers alike.
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
"In this meticulous and superbly crafted book Geoff Ingham dissects the nature of capitalism as a complex economic order in which money plays a central role. In developing his rich account he draws upon a remarkable range of theorists and examples which will make the book essential reading to students not only of sociology but throughout the social sciences." -- Mike Savage, University of Manchester
"As an economic system, capitalism forms the basis for western society and for sociological understandings of society. Here, Ingham provides a useful summary of the key institutional elements of a capitalist economy, and an insightful discussion of the key theorists of capitalism. Many will appreciate his ability to cover so much material so ably." -- Bruce Carruthers, Northwestern University
"As an economic system, capitalism forms the basis for western society and for sociological understandings of society. Here, Ingham provides a useful summary of the key institutional elements of a capitalist economy, and an insightful discussion of the key theorists of capitalism. Many will appreciate his ability to cover so much material so ably." -- Bruce Carruthers, Northwestern University