Conceptualizing Capitalism

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Conceptualizing Capitalism

Geoffrey M. Hodgson
Conceptualizing Capitalism Book PDF

Author : Geoffrey M. Hodgson
Publisher : University of Chicago Press
Page : 506 pages
File Size : 46,9 Mb
Release : 2016-09-09
Category : Business & Economics
ISBN : 9780226419695

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Conceptualizing Capitalism by Geoffrey M. Hodgson Pdf

Capitalism is the dominant economic framework in modern history, but it s unclear how it really works. Relying on the free movement and spontaneous coordination of seemingly infinitesimal market forces, its very essence is remarkably complex. Geoffrey M. Hodgson offers a more precise conceptual framework, defines the concepts involved, and illustrates that what is most important, and what has been most often overlooked, are institutions and contractsthe law. Chapter by chapter, Hodgson focuses in on how capitalism works at its very core to develop his own definitive theory of capitalism. By employing economic history and comparative analysis toward explanatory and analytical ends, Hodgson shows how capitalism is not an eternal or natural order, but indeed a relatively recent institution. If anyone were qualified to venture such a comprehensive and definitive analysis of such an important economic, legal, and social phenomenon, it is Geoffrey Hodgson. "Conceptualizing Capitalism" will significantly alter and carry forward our understanding of markets and how they work."

Conceptualizing Capitalism

Geoffrey M. Hodgson
Conceptualizing Capitalism Book PDF

Author : Geoffrey M. Hodgson
Publisher : University of Chicago Press
Page : 506 pages
File Size : 42,9 Mb
Release : 2015-09-22
Category : Business & Economics
ISBN : 9780226168005

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Conceptualizing Capitalism by Geoffrey M. Hodgson Pdf

Capitalism is the dominant economic framework in modern history, but it’s unclear how it really works. Relying on the free movement and spontaneous coordination of seemingly infinitesimal market forces, its very essence is remarkably complex. Geoffrey M. Hodgson offers a more precise conceptual framework, defines the concepts involved, and illustrates that what is most important, and what has been most often overlooked, are institutions and contracts--the law. Chapter by chapter, Hodgson focuses in on how capitalism works at its very core to develop his own definitive theory of capitalism. By employing economic history and comparative analysis toward explanatory and analytical ends, Hodgson shows how capitalism is not an eternal or natural order, but indeed a relatively recent institution. If anyone were qualified to venture such a comprehensive and definitive analysis of such an important economic, legal, and social phenomenon, it is Geoffrey Hodgson. Conceptualizing Capitalism will significantly alter and carry forward our understanding of markets and how they work.

Conceptualizing Capitalism

Geoffrey M. Hodgson
Conceptualizing Capitalism Book PDF

Author : Geoffrey M. Hodgson
Publisher : University of Chicago Press
Page : 506 pages
File Size : 47,8 Mb
Release : 2015-09-22
Category : Business & Economics
ISBN : 9780226168142

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Conceptualizing Capitalism by Geoffrey M. Hodgson Pdf

“Erudite and thought-provoking. . . . a stimulating, historically grounded exploration of the subject . . . rewarding.” —Financial Times A few centuries ago, capitalism set in motion an explosion of economic productivity. Markets and private property had existed for millennia, but what other key institutions fostered capitalism’s relatively recent emergence? With Conceptualizing Capitalism, Geoffrey M. Hodgson offers readers a more precise conceptual framework. Drawing on a new theoretical approach called legal institutionalism, Hodgson establishes that the most important factor in the emergence of capitalism is the constitutive role of law and the state. While private property and markets are central to capitalism, they depend upon the development of an effective legal framework. Applying this approach to the emergence of capitalism in eighteenth-century Europe, Hodgson identifies the key institutional developments that coincided with its rise. That analysis enables him to counter the widespread view that capitalism is a natural and inevitable outcome of human societies, showing instead that it is a relatively recent phenomenon, contingent upon a special form of state that protects private property and enforces contracts. The book also considers what this more precise conceptual framework can tell us about the possible future of capitalism in the twenty-first century. “Remarkable and highly original.” —Ugo Pagano, University of Siena and Central European University, author of Work and Welfare in Economic Theory “Broad, thoughtful, and highly literate.” —Richard Nelson, Columbia University, author of An Evolutionary Theory of Economic Change “Carefully-argued and ultimately convincing.” —Bruce Caldwell, Duke University, co-author of Hayek: A Life 1899-1950 “A magnum opus.” —Wolfgang Streeck, emeritus director, Max Planck Institute for the Study of Societies, author of How Will Capitalism End? “Groundbreaking.” —LSE Review

Capitalism

Nancy Fraser,Rahel Jaeggi
Capitalism Book PDF

Author : Nancy Fraser,Rahel Jaeggi
Publisher : John Wiley & Sons
Page : 224 pages
File Size : 44,5 Mb
Release : 2018-06-28
Category : Philosophy
ISBN : 9781509525263

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Capitalism by Nancy Fraser,Rahel Jaeggi Pdf

In this important new book, Nancy Fraser and Rahel Jaeggi take a fresh look at the big questions surrounding the peculiar social form known as “capitalism,” upending many of our commonly held assumptions about what capitalism is and how to subject it to critique. They show how, throughout its history, various regimes of capitalism have relied on a series of institutional separations between economy and polity, production and social reproduction, and human and non-human nature, periodically readjusting the boundaries between these domains in response to crises and upheavals. They consider how these “boundary struggles” offer a key to understanding capitalism’s contradictions and the multiple forms of conflict to which it gives rise. What emerges is a renewed crisis critique of capitalism which puts our present conjuncture into broader perspective, along with sharp diagnoses of the recent resurgence of right-wing populism and what would be required of a viable Left alternative. This major new book by two leading critical theorists will be of great interest to anyone concerned with the nature and future of capitalism and with the key questions of progressive politics today.

Stakeholder Capitalism

Klaus Schwab
Stakeholder Capitalism Book PDF

Author : Klaus Schwab
Publisher : John Wiley & Sons
Page : 311 pages
File Size : 50,6 Mb
Release : 2021-01-27
Category : Business & Economics
ISBN : 9781119756132

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Stakeholder Capitalism by Klaus Schwab Pdf

Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.

Capitalist Alternatives

Paul Dragos Aligica,Vlad Tarko
Capitalist Alternatives Book PDF

Author : Paul Dragos Aligica,Vlad Tarko
Publisher : Routledge
Page : 229 pages
File Size : 40,5 Mb
Release : 2014-11-20
Category : Political Science
ISBN : 9781317654735

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Capitalist Alternatives by Paul Dragos Aligica,Vlad Tarko Pdf

The book's objective is to explore the challenge of thinking methodically - in a theoretically and empirically informed way - about alternative forms of capitalism. What are the most effective ways to conceptualize the existing models of capitalism that have captured the public imagination and are currently floating around in the public debate? How can one mobilize empirical analysis and theory in thinking about the realm of possibilities and about the future of economic order, but avoid the twin perils of scientism and historicism? This book is an attempt to respond to these and related challenges. First, it delves into the substantive aspect of the debate, taking a closer look at a set of particular forms and models of capitalism that are currently discussed both in mass media and in academic circles as plausible, or at least possible, alternatives to the status quo: Crony, State, Regulatory, and Entrepreneurial Capitalisms. By elaborating and clarifying those models, it engages in a heuristic exercise that leads to a better understanding of the task of conceptualizing and assessing, in a theoretically informed way, the diversity of forms of capitalism. Second, the book takes a step further, looking at the epistemic, theoretical and methodological dimensions of the discussion: What is involved, more precisely, in our classifying and theorizing of capitalist systems and their historical evolution? What is the epistemic basis for building plausible conjectures about the future evolution of an economic system? What are the logical and methodological parameters of our endeavors that deal with economic systems, or with the problem of continuity and change in comparative economic systems? Offering an original approach to the problem of alternative forms of capitalism, this book will be of great interest to scholars working in the field of comparative political economy.

Institutions and Evolution of Capitalism

Francesca Gagliardi,David Gindis
Institutions and Evolution of Capitalism Book PDF

Author : Francesca Gagliardi,David Gindis
Publisher : Edward Elgar Publishing
Page : 384 pages
File Size : 54,9 Mb
Release : 2019
Category : Business & Economics
ISBN : 9781785365003

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Institutions and Evolution of Capitalism by Francesca Gagliardi,David Gindis Pdf

In just over 30 years, Geoff Hodgson has made substantial contributions to institutional economics, evolutionary economics, economic methodology, the history of economic thought and social theory. To mark his seminal work, this volume brings together original contributions by world-leading scholars in specific areas that have played a significant role in influencing his thinking or represent key debates to which he has contributed. Building on some of the most significant philosophical and methodological foundations underlying Hodgson's work, the volume is organised around the recurring themes of institutions, evolution and capitalism.

Capitalism and the Commons

Andreas Exner,Sarah Kumnig,Stephan Hochleithner
Capitalism and the Commons Book PDF

Author : Andreas Exner,Sarah Kumnig,Stephan Hochleithner
Publisher : Routledge
Page : 203 pages
File Size : 45,8 Mb
Release : 2020-12-30
Category : Business & Economics
ISBN : 9781000337143

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Capitalism and the Commons by Andreas Exner,Sarah Kumnig,Stephan Hochleithner Pdf

Capitalism and the Commons focuses on the political and social perspectives that commons offer, how they are appropriated or suppressed by capital and state, and how social initiatives and movements contest these dynamics or build their struggles on commoning. The volume comprises theoretical and empirical approaches that engage with three main themes: conceptualizing the commons, analyzing practices of commoning, and exploring commons politics. In their contributions, the authors focus on the development of anti-capitalist commons and explore the issue of practice and politics through case studies from Colombia, the Democratic Republic of Congo, South Africa, and Africa more broadly, Austria, Germany and South Korea, ranging from peri-urban and rural agriculture to urban commons and how they manifest in the Global South as well as in the Global North. The book engages with different discourses on the commons in regard to their relevance for social change and thereby reinvigorates the political meaning of the commons. It provides an original and important approach to the topic in terms of conceptualization, detailing diverse empirical realities, and analyzing potential perspectives. In so doing, the book transcends narrow disciplinary boundaries and expands the focus to the global. Providing a fresh perspective on the commons as a decisive component of alternatives, this title will be relevant to scholars and students of resource management, social movements, and sustainable development more broadly.

Global Capitalism

Robert J. S. Ross,Kent C. Trachte
Global Capitalism Book PDF

Author : Robert J. S. Ross,Kent C. Trachte
Publisher : SUNY Press
Page : 324 pages
File Size : 47,6 Mb
Release : 1990-01-01
Category : Business & Economics
ISBN : 0791403394

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Global Capitalism by Robert J. S. Ross,Kent C. Trachte Pdf

Cites case studies from US metropolitan areas to argue that the traditional theories of monopoly capitalism and world systems are inadequate to analyze the emerging international capitalist economy. Also examines the new relationships between economics, politics, and governments. Paper edition (unseen), $16.95. Annotation copyrighted by Book News, Inc., Portland, OR

The Digital Innovation Race

Cecilia Rikap,Bengt-Åke Lundvall
The Digital Innovation Race Book PDF

Author : Cecilia Rikap,Bengt-Åke Lundvall
Publisher : Springer Nature
Page : 207 pages
File Size : 51,9 Mb
Release : 2021-12-09
Category : Business & Economics
ISBN : 9783030894436

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The Digital Innovation Race by Cecilia Rikap,Bengt-Åke Lundvall Pdf

This book develops new theoretical perspectives on the economics and politics of innovation and knowledge in order to capture new trends in modern capitalism. It shows how giant corporations establish themselves as intellectual monopolies and how each of them builds and controls its own corporate innovation system. It presents an analysis of a new form of production where Google, Amazon, Facebook, Apple and Microsoft, and their counterparts in China, extract value and appropriate intellectual rents through privileged access to AI algorithms trained by data from organizations and individuals all around the world. These companies’ specific form of production and rent-seeking takes place at the global level and challenges national governments trying to regulate intellectual monopolies and attempting to build stronger national innovation systems. It is within this context that the authors provide new insights on the complex interplay between corporate and national innovation systems by looking at the US-China conflict, understood as a struggle for global technological supremacy. The book ends with alternative scenarios of global governance and advances policy recommendations as well as calls for social activism. This book will be of interest to students, academics and practitioners (both from national states and international organizations) and professionals working on innovation, digital capitalism and related topics.

How Economics Forgot History

Geoffrey M Hodgson
How Economics Forgot History Book PDF

Author : Geoffrey M Hodgson
Publisher : Routledge
Page : 443 pages
File Size : 49,8 Mb
Release : 2001-08-23
Category : Business & Economics
ISBN : 9781134518111

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How Economics Forgot History by Geoffrey M Hodgson Pdf

In arguably his most important book to date, Hodgson calls into question the tendency of economic method to try and explain all economic phenomena by using the same catch-all theories and dealing in universal truths. He argues that you need different theories to analyze different economic phenomena and systems and that historical context must be taken into account. Hodgson argues that the German Historical School was key in laying the foundations for the work of the pioneer institutional economists, who themselves are gaining currency today; and that the growing interest in this school of thought is contributing to a more complete understanding of socio-economic theory.

Postmodernism, or, The Cultural Logic of Late Capitalism

Fredric Jameson
Postmodernism or The Cultural Logic of Late Capitalism Book PDF

Author : Fredric Jameson
Publisher : Duke University Press
Page : 474 pages
File Size : 55,8 Mb
Release : 1992-01-06
Category : Literary Criticism
ISBN : 0822310902

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Postmodernism, or, The Cultural Logic of Late Capitalism by Fredric Jameson Pdf

Now in paperback, Fredric Jameson’s most wide-ranging work seeks to crystalize a definition of ”postmodernism”. Jameson’s inquiry looks at the postmodern across a wide landscape, from “high” art to “low” from market ideology to architecture, from painting to “punk” film, from video art to literature.

The Bourgeois Virtues

Deirdre Nansen
The Bourgeois Virtues Book PDF

Author : Deirdre Nansen
Publisher : University of Chicago Press
Page : 637 pages
File Size : 48,6 Mb
Release : 2010-03-15
Category : Business & Economics
ISBN : 9780226556673

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The Bourgeois Virtues by Deirdre Nansen Pdf

For a century and a half, the artists and intellectuals of Europe have scorned the bourgeoisie. And for a millennium and a half, the philosophers and theologians of Europe have scorned the marketplace. The bourgeois life, capitalism, Mencken’s “booboisie” and David Brooks’s “bobos”—all have been, and still are, framed as being responsible for everything from financial to moral poverty, world wars, and spiritual desuetude. Countering these centuries of assumptions and unexamined thinking is Deirdre McCloskey’s The Bourgeois Virtues, a magnum opus that offers a radical view: capitalism is good for us. McCloskey’s sweeping, charming, and even humorous survey of ethical thought and economic realities—from Plato to Barbara Ehrenreich—overturns every assumption we have about being bourgeois. Can you be virtuous and bourgeois? Do markets improve ethics? Has capitalism made us better as well as richer? Yes, yes, and yes, argues McCloskey, who takes on centuries of capitalism’s critics with her erudition and sheer scope of knowledge. Applying a new tradition of “virtue ethics” to our lives in modern economies, she affirms American capitalism without ignoring its faults and celebrates the bourgeois lives we actually live, without supposing that they must be lives without ethical foundations. High Noon, Kant, Bill Murray, the modern novel, van Gogh, and of course economics and the economy all come into play in a book that can only be described as a monumental project and a life’s work. The Bourgeois Virtues is nothing less than a dazzling reinterpretation of Western intellectual history, a dead-serious reply to the critics of capitalism—and a surprising page-turner.

Capitalism without Capital

Jonathan Haskel,Stian Westlake
Capitalism without Capital Book PDF

Author : Jonathan Haskel,Stian Westlake
Publisher : Princeton University Press
Page : 292 pages
File Size : 44,8 Mb
Release : 2018-10-16
Category : Business & Economics
ISBN : 9780691183299

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Capitalism without Capital by Jonathan Haskel,Stian Westlake Pdf

Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.

How to Be an Anticapitalist in the Twenty-First Century

Erik Olin Wright
How to Be an Anticapitalist in the Twenty First Century Book PDF

Author : Erik Olin Wright
Publisher : Verso Books
Page : 177 pages
File Size : 42,5 Mb
Release : 2019-09-03
Category : Political Science
ISBN : 9781788736077

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How to Be an Anticapitalist in the Twenty-First Century by Erik Olin Wright Pdf

What is wrong with capitalism, and how can we change it? Capitalism has transformed the world and increased our productivity, but at the cost of enormous human suffering. Our shared values—equality and fairness, democracy and freedom, community and solidarity—can provide both the basis for a critique of capitalism and help to guide us toward a socialist and democratic society. Erik Olin Wright has distilled decades of work into this concise and tightly argued manifesto: analyzing the varieties of anticapitalism, assessing different strategic approaches, and laying the foundations for a society dedicated to human flourishing. How to Be an Anticapitalist in the Twenty-First Century is an urgent and powerful argument for socialism, and an unparalleled guide to help us get there. Another world is possible. Included is an afterword by the author’s close friend and collaborator Michael Burawoy.