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020 _a9781032628684
082 _a330.122
_bVEL
100 _aVelardo, Tristan
_923506
245 _aSchumpeter's general theory of capitalism
260 _bRoutledge
_aLondon
_c2025
300 _a135 p.
365 _aGBP
_b145.00
490 _aRoutledge Studies in the History of Economics
500 _aTable of Contents: Introduction 1. From statics to dynamics 2. Capitalism as an economic form 3. Capitalism as an institutional order 4. Capitalism as a civilisation 5. Cycles as parts of the economic, institutional and cultural history of capitalism Conclusion
520 _aJoseph A. Schumpeter made multiple contributions to economic science and beyond. Drawing on this wide range of writings, this book argues that Schumpeter provided a theoretical account of capitalism as a total phenomenon. It methodically reconstructs the “general theory” of capitalism present in Schumpeter's work and shows its consistency and limits. The book identifies three key dimensions of a Schumpeterian general theory of capitalism. First, capitalism is defined at its core as a form or method of economic change: the entrepreneur disrupts a static, equilibrium economy (which is the foundation of all economic activities) with the introduction of an innovation. He is an unbalancing and disruptive force. Second, capitalism is defined as an institutional order composed of private property, private initiative for private profit and credit. Finally, capitalism is defined as a "civilization" or culture: a set of values, attitudes, and beliefs. The general theory thus accounts for capitalism as an economic form (innovation and entrepreneurship) which is the source of economic change; supported and enabled by a particular institutional order without which innovation would remain a dead letter (private property, private profit, and credit); all this generates the culture of capitalism. This book will be of interest to readers in the history of economic thought, economic theory, innovation, political economy, and social theory. (https://www.routledge.com/Schumpeters-General-Theory-of-Capitalism/Velardo/p/book/9781032628684)
650 _aEconomics
942 _cBK
_2ddc
999 _c9926
_d9926