Download or read book Schumpeter s General Theory of Capitalism written by Tristan Velardo and published by Taylor & Francis. This book was released on 2024-07-24 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Joseph A. Schumpeter made multiple contributions to economic science and beyond. Drawing on this wide range of writings, this book argues that Schumpeter provided a theoretical account of capitalism as a total phenomenon. It methodically reconstructs the “general theory” of capitalism present in Schumpeter's work and shows its consistency and limits. The book identifies three key dimensions of a Schumpeterian general theory of capitalism. First, capitalism is defined at its core as a form or method of economic change: the entrepreneur disrupts a static, equilibrium economy (which is the foundation of all economic activities) with the introduction of an innovation. He is an unbalancing and disruptive force. Second, capitalism is defined as an institutional order composed of private property, private initiative for private profit and credit. Finally, capitalism is defined as a "civilization" or culture: a set of values, attitudes, and beliefs. The general theory thus accounts for capitalism as an economic form (innovation and entrepreneurship) which is the source of economic change; supported and enabled by a particular institutional order without which innovation would remain a dead letter (private property, private profit, and credit); all this generates the culture of capitalism. This book will be of interest to readers in the history of economic thought, economic theory, innovation, political economy, and social theory.

Download or read book The Fictions of American Capitalism written by Jacques-Henri Coste and published by Springer Nature. This book was released on 2020-02-26 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fictions of American Capitalism: Working Fictions and the Economic Novel introduces a new way of thinking about fiction in connection with capitalism, especially American capitalism. These essays demonstrate how fiction fulfills a major function of the American capitalist engine, presenting various formulations of American capitalism from the perspective of economists, social scientists, and literary critics. Focusing on three narratives—fictitious capital, working fictions, and the economic novel—the volume questions whether these three types of fiction can be linked under the sign of capitalism. This collection seeks to illustrate the American economy’s dependence on fictitiousness, America’s ideological fictions, and the nation’s creative literary fiction. In relation to what the credit and banking crisis of 2007–2008 exposed about the “unreal” base of the economy, the volume concludes with a call to recognize the economic humanities, arguing that American fiction and American literary studies can provide a useful mirror for economists.

Download or read book Towards a Cultural Political Economy written by Ngai-Ling Sum and published by Edward Elgar Publishing. This book was released on 2013-11-29 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt: This fascinating volume offers a critique of recent institutional and cultural turns in heterodox economics and political economy. Using seven case studies as examples, the authors explore how research on sense- and meaning-making can deepen critical s

Download or read book Capitalism in Crisis written by Alexandra Vasileva-Dienes and published by Routledge. This book was released on 2021-05-11 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Worrisome recent economic downturns in Brazil, Russia and even China occurred against the backdrop of domestic issues pertaining to patrimonialism, corruption and informality. Some economies of the European periphery also suffered from similar domestic issues and plunged into recession due to economic crisis and austerity policies implemented in its wake. This book theorises and analyses the evolving nature of capitalism in emerging economies (the BRICs) and the European periphery in the face of pressures from globalisation and economic crises The volume seeks to make sense of these crises and their impact using the framework of comparative capitalism while testing its applicability beyond the advanced industrialised countries for which it was developed. The authors draw on late Uwe Becker’s open qualitative approach, systematically integrating the state into the analysis and paying close attention to the role of changing ideas, character of international integration, leadership and informality. The contributors analyse different responses to crises by the BRICs and countries of the Southern European periphery as well as respective dimensions of state-business interaction. The findings contribute to theorising varieties of capitalism beyond the OECD world and to developing a dynamic theory of capitalist change in the face of pressures from globalisation and economic crises. The chapters in this book were originally published as a special issue of Contemporary Politics.

Download or read book Policy Change under New Democratic Capitalism written by Hideko Magara and published by Routledge. This book was released on 2016-12-19 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Democratic capitalism in developed countries has been facing an unprecedented crisis since 2008. Its political manageability is declining sharply. Both democracy and capitalism now involve crucial risks that are significantly more serious than those observed in earlier periods. The notion of policy regimes has gained new significance in analysing the possibilities for a post-neoliberal alternative. Policy innovations directed towards an economic breakthrough require both political leadership and a new economic theory. The processes of political decision making have become quite distant from the public realm, and a limited number of economic and political elites exert influence on public policy. This book examines, from a policy regime perspective, how developed countries attempt to achieve such a breakthrough at critical junctures triggered by economic crises. It initially assesses the nature of the present crisis and identifies the actors involved. Thereafter, it provides an analytical definition of a crisis, stressing that most crises contain within them the potential to be turned into an opportunity. Finally, it presents a new analytical design in which we can incorporate today’s more globalized and fluid context.

Download or read book The Sacred Economy of Ancient Israel written by Roland Boer and published by Westminster John Knox Press. This book was released on 2015-04-20 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Sacred Economy of Ancient Israel offers a new reconstruction of the economic context of the Bible and of ancient Israel. It argues that the key to ancient economies is with those who worked on the land rather than in intermittent and relatively weak kingdoms and empires. Drawing on sophisticated economic theory (especially the Régulation School) and textual and archaeological resources, Roland Boer makes it clear that economic “crisis†was the norm and that economics is always socially determined. He examines three economic layers: the building blocks (five institutional forms), periods of relative stability (three regimes), and the overarching mode of production. Ultimately, the most resilient of all the regimes was subsistence survival, for which the regular collapse of kingdoms and empires was a blessing rather than a curse. Students will come away with a clear understanding of the dynamics of the economy of ancient Israel. Boer's volume should become a new benchmark for future studies.

Download or read book Institutional Economics written by Bernard Chavance and published by Routledge. This book was released on 2008-09-02 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: This introduction to institutional economics, follows the history of the field since the early 20th century until the present day. It concentrates on influential authors in the main schools of institutional economics. Institutional economics is defined as economic thought that considers institutions to be relevant for economic theory, and consequently criticizes the neoclassical mainstream for having pushed them out of the discipline; it deals specially with the nature, the origin, the change of institutions, and their effects on economic performance. It is a family of different theories that were initially influential in economics, then lost much of their weight in the middle half of the 20th century, and eventually recovered significant creative vitality and impact in the last twenty years. The book puts the recent developments in historical perspective by showing how important themes like the importance of habits, the role of formal and informal rules, the relation of organizations and institutions, the hierarchy and complementarity of institutions, the evolutionary character of institutional change, have been explored by various authors or schools.

Download or read book Institutional Economics written by Wendell Chaffee Gordon and published by Routledge. This book was released on 1980 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Beyond the Regulation Approach written by Bob Jessop and published by Edward Elgar Publishing. This book was released on 2006 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every now and then, a book comes along that you positively want to be asked to read and review, and this is one of them a major work of scholarship in its own right, while at the same time, a ground-clearing exercise for what is to follow. . . . This, it should be emphasized, is a hugely impressive body of work, an expansive statement of Jessop s contribution as a major figure within the world of regulation approaches. Ray Hudson, Economic Geography This book presents a detailed and critical account of the regulation approach in institutional and evolutionary economics. Offering both a theoretical commentary and a range of empirical examples, it identifies the successes and failures of the regulation approach as an explanatory theory, and proposes new guidelines for its further development. Although closely identified with heterodox French economists, there are several schools of regulation theory and the approach has also been linked to many topics across the social sciences. Bob Jessop and Ngai-Ling Sum provide detailed criticisms of the various schools of the regulation approach and their empirical application, and have developed new ways of integrating it into a more general critical exploration of contemporary capitalism. The authors go on to describe how the regulation approach can be further developed as a progressive research paradigm in political economy. Also presented is a detailed philosophical as well as theoretical critique of the regulation approach and its implications for the philosophy of social sciences and questions of historical analysis (especially periodization). Addressing the implications of the regulation approach for both the capitalist economy and the changing role of the state and governance, this book will be of great interest to a wide-ranging audience, including institutional and evolutionary economists, economic and political sociologists and social and political theorists.

Download or read book The Road to Social Europe written by Jean-Claude Barbier and published by Routledge. This book was released on 2013 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the wake of the Greek and Irish crises, and at a moment when solidarity between states is hotly debated on a daily basis at EU level, it is important to understand how 'solidarity' can happen at all. The Road to Social Europe reviews the development of political cultural processes since the nineteenth century, showing how social protection and social justice have gradually become interwoven with systems of social protection, or welfare states. Grounded on extensive empirical research conducted in many EU countries and in the European Commission's administration over twenty years, the book provides a cultural analysis of welfare systems in Europe. It also presents an original enquiry into the importance of languages for politics in Europe, for the politics of welfare, and for sociological research. It shows how sociological and ethnographic analysis can help in understanding the current and future challenges of European integration that rely unilaterally on functional economics. This in-depth sociological analysis of European diversity will appeal to a wide audience of students and scholars of sociology, political science, political economy and European studies.

Download or read book Bourdieu s Theory of Social Fields written by Mathieu Hilgers and published by Routledge. This book was released on 2014-11-13 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bourdieu’s theory of social fields is one of his key contributions to social sciences and humanities. However, it has never been subjected to genuine critical examination. This book fills that gap and offers a clear and wide-ranging introduction to the theory. It includes a critical discussion of its methodology and relevance in different subject areas in the social sciences and humanities. Part I "theoretical investigations" offers a theoretical account of the theory, while also identifying some of its limitations and discussing several strategies to overcome them. Part II "Education, culture and organization" presents the theory at work and highlights its advantages and disadvantages. The focus in Part III devoted to "The State" is on the formation and evolution of the State and public policy in different contexts. The chapters show the usefulness of field theory in describing, explaining and understanding the functioning of the State at different stages in its historical trajectory including its recent redefinition with the advent of the neoliberal age. A last chapter outlines a postcolonial use of the theory of fields.

Download or read book The Oxford Handbook of French Politics written by Robert Elgie and published by Oxford University Press. This book was released on 2016-11-03 with total page 753 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of French Politics provides a comprehensive and comparative overview of the French political system through the lens of political science. The Handbook is organized into three parts: the first part identifies foundational concepts for the French case, including chapters on republicanism and social welfare; the second part focuses on thematic large-scale processes, such identity, governance, and globalization; while the third part examines a wide range of issues relating to substantive politics and policy, among which are chapters on political representation, political culture, social movements, economic policy, gender policy, and defense and security policy. The volume brings together established and emerging scholars and seeks to examine the French political system from a comparative perspective. The contributors provide a state-of-the-art review both of the comparative scholarly literature and the study of the French case, making The Oxford Handbook of French Politics an invaluable resource for anyone interested in the foundations of contemporary political life in France.

Download or read book The Political Economy of Africa written by Vishnu Padayachee and published by Routledge. This book was released on 2010-06-10 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Political Economy of Africa aims to fill a major gap in the existing literature by exploring the economy and economics of Africa. The book has a critical approach from the perspective of political economy rather than mainstream economics. This book addresses the seemingly intractable economic problems of the African continent, and trace their origins, but also always to bring out the instances of successful economic change, and the possibilities for economic revival and renewal.

Download or read book From Predators to Icons written by Michel Villette and published by Cornell University Press. This book was released on 2009 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the popular imagination, the business media, and the schools of business and management that train new generations of entrepreneurs and executives, achieving extraordinary success in business is attributed to far-sighted individuals who have taken bold risks, provided innovative leadership, and introduced new products, services, or ideas superior to those of the competition. Amid the growing skepticism about the means by which vast amounts of wealth are accumulated and its consequences, however, this belief is long overdue for reevaluation. In From Predators to Icons, Michel Villette, a sociologist, and Catherine Vuillermot, a business historian, examine the careers of thirty-two of today's wealthiest global executives--including Warren Buffett, Ingvar Kamprad, Bernard Arnault, Jim Clark, and Richard Branson--in order to challenge the conventional explanations for their extreme success and come to a better understanding of modern business practices. In contrast to the familiar image of the entrepreneur as a visionary with a plan, Villette and Vuillermot instead discover a far less dramatic process of improvised adaptations gradually assembled into a coherent course of conduct. And rather than being risk-takers, those who are most successful in business are risk-minimizers. Huge gains, these case studies reveal, are most reliably obtained in circumstances where the entrepreneur has established careful provisions for risk reduction. As for the view that innovation makes success possible, the authors find that because innovation is an expensive process that takes a long time to produce profits, innovators first of all require capital; success makes innovation possible. The necessary resources, they show, are most often derived from what they provocatively term "predation" ruthlessly taking advantage of imperfections, weaknesses, and vulnerabilities within the market or among competitors. Finally, From Predator to Icon considers the "practical ethics" implemented during the phase in which capital is most rapidly accumulated, as well as the social consequences of these activities. Drawing on interviews with some of their subjects and, crucially, close readings of the authorized biographies and other hagiographic accounts of these figures, which eliminates the bias of malicious interpretations, Villette and Vuillermot provide revelatory insights about the creation and maintenance of business wealth that will be profitably read by both the captains and the critics of contemporary capitalism.

Download or read book Integrating Varieties of Capitalism and Welfare State Research written by Martin Schröder and published by Springer. This book was released on 2013-04-11 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book combines the two most important typologies of capitalist diversity; Esping-Andersen's welfare regime typology and Hall and Soskice's 'Varieties of Capitalism' typology, into a unified typology of capitalist diversity. The author shows empircally that certain welfare states bundle together with certain production systems.

Download or read book Political Economy of Capitalisms written by Robert Boyer and published by Springer Nature. This book was released on 2022-09-03 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the English language translation of the French publication Économie Politique des Capitalismes. Research in this book presents institutional and historical macroeconomics, through an analysis of wage-labour nexus, innovation systems, monetary and financial systems, integration into the world economy, formation of economic policy configurations, and the history of economic theories. In doing so, the book addresses how and why economic regularities change in long run, and why do macroeconomic adjustments differ across countries within the same historical period. It shows how institutional changes that have occurred since the 1970s and the research on the transformation of the American and French capitalism, have led to the emergence of a research agenda, known as Régulation Theory. Readers would understand the permanent transformations of capitalism and its crises, given the book’s inclusion of long-term historical studies, systematic international comparisons for the contemporary period, and the exploration of the institutional and social foundations of microeconomics which has led to the evolution of various brands of capitalism. This translated work includes a Foreword by Associate Professor Elsa Lafaye de Micheaux and Professor Thomas Lamarche.

Download or read book Structural Crisis and Institutional Change in Modern Capitalism written by Bruno Amable and published by Oxford University Press. This book was released on 2017-03-16 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the evolution of the French model of capitalism in relation to the instability of socio-political compromises. In the 2010s, France was in a situation of systemic crisis, namely, the impossibility for political leadership to find a strategy of institutional change, or more generally a model of capitalism, that could gather sufficient social and political support. This book analyses the various attempts at reforming the French model since the 1980s, when the left tried briefly to orient the French political economy in a social-democratic/socialist direction before changing course and opting for a more orthodox macroeconomic and structural policy direction. The attempts of governments of the right to implement a radically neo-liberal structural policy also failed in the face of a significant social opposition. The enduring French systemic crisis is the expression of contradictions between the economic policies implemented by the successive left and right governments, and the existence of a dominant, social bloc, that is, a coalition of social groups that would politically support the dominant political strategy. Since 1978, both the right and the left have failed to find a solution to the contradictions between the policies they implemented and the expectations of their respective social bases, which are themselves inhabited by tensions and contradictions that evolve with the structural reforms that gradually transformed French capitalism.