|
Books > Business & Economics > Economics > Economic systems
|
Buy Now
Capitalism - Its Origins and Evolution as a System of Governance (Hardcover, 2011)
Loot Price: R3,269
Discovery Miles 32 690
|
|
|
Capitalism - Its Origins and Evolution as a System of Governance (Hardcover, 2011)
Expected to ship within 10 - 15 working days
|
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.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
You might also like..
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
(1)
(1)
