The Concept of Capitalism

• Corporate Author: SpringerLink (Online service)
• Other Authors: Scott, Bruce R. (Editor)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2009.
• Subjects: Popular works.; Economics.; Management science.; Economics, general.; Popular Science, general.; Economic Systems.

A single system of economic governance – capitalism – prevails in the world today, both in theory and in practice. Yet there is neither a standard definition of capitalism nor a theory of how it works. Moreover, the most common conception of capitalism is that of a one-level system governed by marke...

Table of Contents:

• Historical Conceptions of Capitalism
• Some Current Conceptions of Capitalism: Discussion and Critique
• My Conception of Capitalism
• Political Authority Shapes Capitalism with Visible Human Agency
• The Political and Economic Systems are Interdependent
• Conclusions.