The global financial crisis has challenged many of our most
authoritative economic ideologies and policies. After thirty years
of reshaping the world to conform to the market, governments and
societies are now calling for a retreat to a yet undefined new
economic order.
In order to provide a guide to what the twenty-first-century
economy might look like, this book revisits the great project of
Global Capitalism. What did it actually entail? How far did it go?
What were its strengths and failings? By deconstructing its core
ideas and examining its empirical record, can we gain clues about
how to move forward after the crisis? Miguel Centeno and Joseph
Cohen define capitalism as a historically-evolving and
socially-constructed institution, rooted in three core economic
activities trade, finance and marketing and identify the three key
challenges that any new economic system will need to surmount
inequality, governance, and environmental sustainability.
This accessible and engaging book will be essential reading for
students of economic sociology, and all those interested in the
construction of our economic future.
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