Login

Ingham, Geoffrey

Capitalism: With a New Postscript on the Financial Crisis and Its Aftermath

Ingham, Geoffrey - Capitalism: With a New Postscript on the Financial Crisis and Its Aftermath, ebook

34,20€

Ebook, ePUB with Adobe DRM
ISBN: 9780745641232
DRM Restrictions

Printing89 pages with an additional page accrued every 9 hours, capped at 89 pages
Copy to clipboard5 excerpts

Now with a substantial new postscript on the financial crisis

This book provides a basic introduction to the 'nuts and bolts' of capitalism. It starts by examining the classic accounts of capitalism found in the works of Adam Smith, Karl Marx, Max Weber, Joseph Schumpeter, and John Maynard Keynes. Each placed emphasis on different institutional elements of capitalism - Smith on the market's 'invisible hand'; Marx on capital's exploitation of labour; Weber on the foundations of economic rationality; and Schumpeter and Keynes on the instability that results from capitalism's essentially monetary and financial character.

Drawing on these classic accounts, Ingham then offers a succinct analysis of capitalism's basic institutions and their interconnections. Market exchange, the monetary system, the enterprise, capital and financial markets, and the role of the state are dealt with in separate chapters which make use of contemporary material on the recent history of the capitalist system - including the great inflation of the 1970s and the neo-liberal backlash; the 'dot.com' bubble of the late 1990s; and the collapse of Enron and other US corporations. This revised version includes a substantial new postscript on the financial crisis of 2007-8 and its aftermath. The result is a concise, masterly and up-to-date account of the world's most powerful economic system, written in a way that is accessible to students and general readers alike.

Keywords: Economic History (ghost code - use EC06), Economic History, Economic History, Economic History

Author(s)
Publisher
John Wiley and Sons, Inc.
Publication year
2008
Language
en
Edition
1
Series
Key Concepts
Page amount
296 pages
Category
Society
Format
Ebook
eISBN (ePUB)
9780745641232
Printed ISBN
9780745636481

Similar titles