The iconic economist-philosopher Adam Smith lauded capitalism as a
system for distributing opportunity and prosperity widely, and for
freeing populations from the oppression they suffered under the
European aristocracy of his time. This book presents current
research in the study of capitalism and its relation to business,
politics and society. Topics discussed herein include experimental
capitalism in the former USSR; industrial design in capitalism
through development experiences of newly industrialising countries;
dysmorphic capitalism and the aberrant development of creative
intelligence; capital accumulation and equilibrium interest rates
in stochastic production economies with the concern of social
status; and surplus allocation and development under global
capitalism.
General
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