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Capitalism in Evolution - Global Contentions - East and West (Hardcover)
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Capitalism in Evolution - Global Contentions - East and West (Hardcover)
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For much of the twentieth century, rivalry existed between
centrally planned and capitalist solutions to the problems of
economic stability and growth. This changed in the 1990s. In that
same decade, the period of rapid growth of the Japanese economy
came to an end and by the close of the century, the American model
of capitalism was seen as the only possible option. Modern
capitalism has achieved spectacular rates of innovation and growth
but the system is still menaced by financial crises and economic
recessions. Furthermore, there is an unacknowledged diversity of
capitalist systems. Contributors to this volume argue that to
understand capitalism in evolution, this diversity of systems and
approaches must be taken into account and their individual
evolutions analysed. This book represents a major understanding of
the evolution of capitalism in the twenty first century and brings
together a distinguished group of experts with perspectives from
America, Europe and Japan.
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