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    What Capitalism Needs: Forgotten Lessons of Great Economists

    What Capitalism Needs by Campbell, John L.; Hall, John A.;

    Forgotten Lessons of Great Economists

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      • Publisher's listprice GBP 20.00
      • The price is estimated because at the time of ordering we do not know what conversion rates will apply to HUF / product currency when the book arrives. In case HUF is weaker, the price increases slightly, in case HUF is stronger, the price goes lower slightly.

        10 122 Ft (9 640 Ft + 5% VAT)
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      • Discounted price 9 110 Ft (8 676 Ft + 5% VAT)

    10 122 Ft

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    Availability

    Estimated delivery time: In stock at the publisher, but not at Prospero's office. Delivery time approx. 3-5 weeks.
    Not in stock at Prospero.

    Why don't you give exact delivery time?

    Delivery time is estimated on our previous experiences. We give estimations only, because we order from outside Hungary, and the delivery time mainly depends on how quickly the publisher supplies the book. Faster or slower deliveries both happen, but we do our best to supply as quickly as possible.

    Product details:

    • Publisher Cambridge University Press
    • Date of Publication 2 September 2021

    • ISBN 9781108487825
    • Binding Hardback
    • No. of pages1 pages
    • Size 222x146x22 mm
    • Weight 510 g
    • Language English
    • 624

    Categories

    Short description:

    There is no inevitable logic of capitalism. Capitalism's stability depends on how well nation-states manage it and on social cohesion.

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    Long description:

    From unemployment to Brexit to climate change, capitalism is in trouble and ill-prepared to cope with the challenges of the coming decades. How did we get here? While contemporary economists and policymakers tend to ignore the political and social dimensions of capitalism, some of the great economists of the past - Adam Smith, Friedrich List, John Maynard Keynes, Joseph Schumpeter, Karl Polanyi and Albert Hirschman - did not make the same mistake. Leveraging their insights, sociologists John L. Campbell and John A. Hall trace the historical development of capitalism as a social, political, and economic system throughout the twentieth and early twenty-first centuries. They draw comparisons across eras and around the globe to show that there is no inevitable logic of capitalism. Rather, capitalism's performance depends on the strength of nation-states, the social cohesion of capitalist societies, and the stability of the international system - three things that are in short supply today.

    'This superb book reminds us of one enduring insight. Economists like Smith, Hirschman, List, Keynes, Schumpeter, and Polanyi understood what modern economics has forgotten. Capitalism does not flourish when markets are fully free. It thrives when they are socially embedded and politically well governed. A turbulent twentieth century has made this pandemic moment ripe for this timeless reminder.' Peter J. Katzenstein, Cornell University

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    Table of Contents:

    1. Sociology from economics; 2. Phoenix from the ashes; 3. Storm clouds; 4. Nationalism and social cohesion; 5. State failure; 6. What next?

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