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008 230118b ||||| |||| 00| 0 eng d
020 _a9781108487825
082 _a330.122
_bCAM
100 _aCampbell, John L.
_911416
245 _aWhat capitalism needs:
_b forgotten lessons of great economists
260 _bCambridge University Press
_aCambridge
_c2021
300 _axii, 299 p.
365 _aUSD
_b24.95
504 _aTable 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?
520 _aFrom 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. Recovers the forgotten insights of great economists of the past Traces the historical development of capitalism as a social, political and economic system throughout the twentieth and early twenty-first centuries Draws lessons from comparisons across the globe and across different eras Explains why capitalism today is failing
650 _aCapitalism
_92731
650 _aEconomists
_92703
700 _aHall, John A.
_911417
942 _2ddc
_cBK