Hayek and the Evolution of Capitalism

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Publisher : University of Chicago Press
ISBN 13 : 022655614X
Total Pages : 191 pages
Book Rating : 4.2/5 (265 download)

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Book Synopsis Hayek and the Evolution of Capitalism by : Naomi Beck

Download or read book Hayek and the Evolution of Capitalism written by Naomi Beck and published by University of Chicago Press. This book was released on 2018-06-21 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few economists can claim the influence—or fame—of F. A. Hayek. Winner of the Nobel Prize, Hayek was one of the most consequential thinkers of the twentieth century, his views on the free market echoed by such major figures as Ronald Reagan and Margaret Thatcher. Yet even among those who study his work in depth, few have looked closely at his use of ideas from evolutionary science to advance his vision of markets and society. With this book Naomi Beck offers the first full-length engagement with Hayek’s thought from this perspective. Hayek argued that the capitalism we see in advanced civilizations is an unintended consequence of group selection—groups that adopted free market behavior expanded more successfully than others. But this attempt at a scientific grounding for Hayek’s principles, Beck shows, fails to hold water, plagued by incoherencies, misinterpretations of the underlying science, and lack of evidence. As crises around the globe lead to reconsiderations of the place of capitalism, Beck’s excavation of this little-known strand of Hayek’s thought—and its failure—is timely and instructive.

Capitalism

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Publisher : Springer Science & Business Media
ISBN 13 : 1461418798
Total Pages : 690 pages
Book Rating : 4.4/5 (614 download)

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Book Synopsis Capitalism by : Bruce R. Scott

Download or read book Capitalism written by Bruce R. Scott and published by Springer Science & Business Media. This book was released on 2011-10-02 with total page 690 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two systems of governance, capitalism and democracy, prevail in the world today. Operating simultaneously in partially distinct domains, these systems rely on indirect governance through regulated competition to coordinate actors; inevitably, these systems influence and transform each other. This book rejects the simple equation of capitalism with markets in favor of a three-level system, a model which recognizes that markets are administered by regulators through institutions and governed by a political authority with the power to regulate behavior, punish transgressors, and redesign institutions. This system's emergence required the sovereign to relinquish some power in order to release the energies of economic actors. Rather than spreading through an unguided natural process like trade, capitalism emerged where competitive pressures forced political authorities to take risks in order to achieve increased revenues by permitting markets for land, labor, and capital.

Conceptualizing Capitalism

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Publisher : University of Chicago Press
ISBN 13 : 022641969X
Total Pages : 506 pages
Book Rating : 4.2/5 (264 download)

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Book Synopsis Conceptualizing Capitalism by : Geoffrey M. Hodgson

Download or read book Conceptualizing Capitalism written by Geoffrey M. Hodgson and published by University of Chicago Press. This book was released on 2016-09-09 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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."

Modern Capitalism

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Publisher :
ISBN 13 :
Total Pages : 298 pages
Book Rating : 4.:/5 (35 download)

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Book Synopsis Modern Capitalism by : Henri Sée

Download or read book Modern Capitalism written by Henri Sée and published by . This book was released on 1928 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Institutions and Evolution of Capitalism

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Publisher : Edward Elgar Publishing
ISBN 13 : 1785365002
Total Pages : 384 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis Institutions and Evolution of Capitalism by : Francesca Gagliardi

Download or read book Institutions and Evolution of Capitalism written by Francesca Gagliardi and published by Edward Elgar Publishing. This book was released on 2019 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Diversity, Complexity, and Evolution of High Tech Capitalism

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Publisher : Springer Science & Business Media
ISBN 13 : 9401106592
Total Pages : 207 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis The Diversity, Complexity, and Evolution of High Tech Capitalism by : Sten A. Thore

Download or read book The Diversity, Complexity, and Evolution of High Tech Capitalism written by Sten A. Thore and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his book "Jurassic Park" (and in the movie based on the book), Michael Crichton describes a crazed professor who through techniques of genetic engineering manages to recreate the dinosaurs and giant ferns of 65 million years past. Once the giant Tyrannosaurus Rex is brought to life. a powerful dynamics sets in: evolution. The prehistoric world embarks on a collision course with man. Researching his book, Crichton had been reading up on paleontology and on the mathematical theory of evolution, catastrophes, and chaos. Crichton explains some of the twists of nonlinear mathematics that are rewriting not only thermodynamics, physics, and chemistry (that all grapple with evolving and turbulent processes) but also paleontology, genetics, medicine and even anthropology. Collapse and chaos is not limited to prehistoric animal kingdoms and ancient civilizations. The collapse of the Soviet Union and the political and economic chaos in its aftermath demonstrate that modern civilizations are just as vulnerable. This book aims at reexamining some main portions of the discipline of economics from the point of view of economic change and creativity. There are two aspects to this perspective. First, diversity and complexity. The range of different kinds of high technology products available to consumers and producers increases rapidly. Each product is the result of a long and complex production hierarchy. As these hierarchies grow, they deliver ever more diversified and complex high tech goods. Other hierarchies fall by the wayside.

Ages of American Capitalism

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Publisher : Random House Trade Paperbacks
ISBN 13 : 0812985184
Total Pages : 945 pages
Book Rating : 4.8/5 (129 download)

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Book Synopsis Ages of American Capitalism by : Jonathan Levy

Download or read book Ages of American Capitalism written by Jonathan Levy and published by Random House Trade Paperbacks. This book was released on 2022-04-05 with total page 945 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading economic historian traces the evolution of American capitalism from the colonial era to the present—and argues that we’ve reached a turning point that will define the era ahead. “A monumental achievement, sure to become a classic.”—Zachary D. Carter, author of The Price of Peace In this ambitious single-volume history of the United States, economic historian Jonathan Levy reveals how capitalism in America has evolved through four distinct ages and how the country’s economic evolution is inseparable from the nature of American life itself. The Age of Commerce spans the colonial era through the outbreak of the Civil War, and the Age of Capital traces the lasting impact of the industrial revolution. The volatility of the Age of Capital ultimately led to the Great Depression, which sparked the Age of Control, during which the government took on a more active role in the economy, and finally, in the Age of Chaos, deregulation and the growth of the finance industry created a booming economy for some but also striking inequalities and a lack of oversight that led directly to the crash of 2008. In Ages of American Capitalism, Levy proves that capitalism in the United States has never been just one thing. Instead, it has morphed through the country’s history—and it’s likely changing again right now. “A stunning accomplishment . . . an indispensable guide to understanding American history—and what’s happening in today’s economy.”—Christian Science Monitor “The best one-volume history of American capitalism.”—Sven Beckert, author of Empire of Cotton

Capitalism in Evolution

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781843761433
Total Pages : 232 pages
Book Rating : 4.7/5 (614 download)

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Book Synopsis Capitalism in Evolution by : Geoffrey Martin Hodgson

Download or read book Capitalism in Evolution written by Geoffrey Martin Hodgson and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: '. . . this collection will be useful to economic and business historians in reminding them that capitalism is not a monolithic and unvarying economic system.' - Gail D. Triner, Business History 'Although so many collections of essays such as the one at hand are eclectic and boring, this is clearly an exception. The strength of the volume resides in the fact that it establishes a dialogue among all the authors on the roots of globalization and what the editors call "the precariousness of world markets".' - Francisco Louçã, Journal of Evolutionary Economics For much of the twentieth century, rivalry existed between centrally planned and capitalist solutions to the problems of economic stability and growth. This changed in the 1990s. In that same decade, the period of rapid growth of the Japanese economy came to an end and by the close of the century, the American model of capitalism was seen as the only possible option.

Economy and Society

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Publisher : SAGE Publications Pvt. Limited
ISBN 13 : 9788132104049
Total Pages : 0 pages
Book Rating : 4.1/5 (4 download)

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Book Synopsis Economy and Society by : R. R. Suresh

Download or read book Economy and Society written by R. R. Suresh and published by SAGE Publications Pvt. Limited. This book was released on 2010-09-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The textbook explains the emergence, evolution, and working of the capitalist system with the help of some of the major principles and theories of economics. It interrelates economics and economic life with other aspects of our lives—social, cultural, political, religious, and intellectual. This book departs from the traditional analysis of the capitalist system in integrating the real sector of the economy with its monetary sector and carries forward Keynes' analysis. It underlines that the capitalist system is constantly changing, propelled by the tendency towards increasing concentration of ownership and control of the means of production in fewer and fewer hands.

Saving Capitalism and Democracy

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Publisher : Palgrave Macmillan
ISBN 13 : 9781349460984
Total Pages : 209 pages
Book Rating : 4.4/5 (69 download)

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Book Synopsis Saving Capitalism and Democracy by : M. Rabie

Download or read book Saving Capitalism and Democracy written by M. Rabie and published by Palgrave Macmillan. This book was released on 2013-05-02 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Saving Capitalism and Democracy tries to answer the difficult questions posed by intellectuals, the media, politicians, students and ordinary people concerning the crisis and how to avert an impending catastrophe.

The Evolution of Modern Capitalism

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Publisher :
ISBN 13 :
Total Pages : 494 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis The Evolution of Modern Capitalism by : John Atkinson Hobson

Download or read book The Evolution of Modern Capitalism written by John Atkinson Hobson and published by . This book was released on 1908 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Business, Ethics and Institutions

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Publisher : Routledge
ISBN 13 : 042963210X
Total Pages : 230 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis Business, Ethics and Institutions by : Asli M. Colpan

Download or read book Business, Ethics and Institutions written by Asli M. Colpan and published by Routledge. This book was released on 2019-09-18 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first systematic scholarly study on the business history of Turkey from the nineteenth century until the present. It aims to place the distinctive characteristics of capitalism in Turkey within a global and comparative perspective, dealing with three related issues. First, it examines the institutional context that shaped the capitalist development in Turkey. Second, it focuses on the corporate actors, entrepreneurs and business enterprises that have led the national economic growth. Third, it explores the ethical foundations and social responsibility of business enterprises in the country. The comparative and historical approach sets the volume apart from previous books on the subject. Business, Ethics and Institutions aims to strengthen scholarly and policy understanding of Turkish capitalism and the diversified business groups which dominate the economy by providing a deep analysis of the evolution of political and social institutions which shaped corporate activity. It demonstrates the key role played by large family-owned business groups in Turkey’s development. It also seeks to identify both the similarities and the differences in the Turkish pattern of economic development, making comparisons with Japan, an early example of catch-up, and a more successful model than Turkey. The comparative perspective makes the book highly relevant to a wide range of scholars interested in the institutional foundations of modern capitalism and will be of value to researchers, academics, and students in the fields of business and economic history, ethics, organizational studies, and entrepreneurship.

Stakeholder Capitalism

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Publisher : John Wiley & Sons
ISBN 13 : 1119756138
Total Pages : 311 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Stakeholder Capitalism by : Klaus Schwab

Download or read book Stakeholder Capitalism written by Klaus Schwab and published by John Wiley & Sons. This book was released on 2021-01-27 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Breaking the Chains of Capitalism

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Publisher :
ISBN 13 : 9780990957034
Total Pages : 480 pages
Book Rating : 4.9/5 (57 download)

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Book Synopsis Breaking the Chains of Capitalism by : Marco D'Anna

Download or read book Breaking the Chains of Capitalism written by Marco D'Anna and published by . This book was released on 2015-11-18 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers for consideration an integrated social economic structure and technical solution capable of ending the predatory evolution of our species. This book also explains the primary factor responsible for the most preventable suffering and death throughout the evolutionary development of our species and how to correct this dysfunction at its source. It also describes how our species is undergoing a natural evolutionary transition from creatures still under the control of our predatory instincts into enlightened beings capable of creating technically advanced societies free of social economic competition for survival. This book explains how subjective realities are induced as a powerful form of psychological manipulation and used to control the working class populations for thousands of years. It also describes how the effects of artificial selection have altered the intellectual evolutionary development of our species to make our systematic exploitation under capitalism seem like an acceptable social economic system. The integrated solution in this book describes the creation of an automated community infrastructure capable of supporting a self-replicating technically advanced predator free society. The solution also offers exponential growth of a global network allowing more families to end their predatory competition for survival and start helping others wanting to make the transition.

Inequality and Evolution

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Publisher : Xlibris Corporation
ISBN 13 : 1664144870
Total Pages : 134 pages
Book Rating : 4.6/5 (641 download)

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Book Synopsis Inequality and Evolution by : Charles L. Ladner

Download or read book Inequality and Evolution written by Charles L. Ladner and published by Xlibris Corporation. This book was released on 2020-12-01 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1976, there were 38 countries, comprising nearly 50% of the world’s population that self-identified as socialist states, yet by 1991, only one remained. In 1976, the annual GDP per capita of the 38 socialist countries (in inflation adjusted dollars) averaged approximately $5 thousand. By 1990 it had grown to about $8 thousand. During that same period, the GDP per capita, in comparable numbers, for the United States grew from $24 thousand to $36 thousand. The socialist countries never grew their per capita income to more than 22% of the United States. Even China, which today has an economy almost as large as the United States, never saw its per capita GDP grow beyond $2 thousand per year during the twenty-eight year period as a socialist state under Mao Zedong. But, after the death of Mao, China converted its economy to the capitalist model with spectacular success, lifting a billion people out of poverty and challenging the United States for worldwide economic supremacy-an outcome that would have been unthinkable under socialism. Why has capitalism proven to be such an extraordinary success and socialism such a miserable failure? Charles Ladner argues that the success or failure of economic systems can be traced to the degree to which such systems are congruent with the primal force of evolutionary natural selection. This is the most fundamental need of every living thing to survive and reproduce. He encapsulate these forces into the term: selfishness. Capitalism, he finds, is grounded in such selfishness or self-interest, and therefore is fully congruent with the biological needs which provide the aspirational motivation that cause capitalism at all times and in every place, to be successful. Socialism, on other hand, requires and cannot function without, authoritarian rule to suppress expressions of self-interest. Its operation at the level of the state, serves to frustrate the biological needs and thereby will always produce poverty and failure. The historical record, he says, categorically demonstrates this. Capitalism, however, has a fatal flaw, and that is its inability to restrain the expression of selfishness, which ultimately leads to such extremes of wealth and income inequality that the system can self-destruct. In the final chapters, Ladner offers possible remedies for the United States, which he believes is already in the very early stages of such self-destruction.

The Evolution of Modern Capitalism

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Author :
Publisher : London : W. Scott ; New York : C. Scribner
ISBN 13 :
Total Pages : 442 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis The Evolution of Modern Capitalism by : John Atkinson Hobson

Download or read book The Evolution of Modern Capitalism written by John Atkinson Hobson and published by London : W. Scott ; New York : C. Scribner. This book was released on 1894 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Evolution of Capitalism

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Author :
Publisher : BoD – Books on Demand
ISBN 13 : 3368287230
Total Pages : 602 pages
Book Rating : 4.3/5 (682 download)

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Book Synopsis The Evolution of Capitalism by : Joseph-Pierre Proudhon

Download or read book The Evolution of Capitalism written by Joseph-Pierre Proudhon and published by BoD – Books on Demand. This book was released on 2022-10-20 with total page 602 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reproduction of the original.