Capitalism stands unrivalled as the most enduring economic
system of our times. Since the collapse of the Soviet bloc the
world has become a new stage for capital, and yet despite this
dominance capitalism is still not widely understood. It remains a
subject of enduring interest that is discovered and rediscovered
over time by each successive generation of students.
Exploring the life of this world-shaping system and the writings
of leading thinkers, this study also now takes into account recent
developments, including the impact of the Global Financial Crisis
and the complexities of China s political economy. Paul Bowles
addresses these key questions:
- what are the central, unchanging features of capitalism?
- how does capitalism vary from place to place and over
time?
- does capitalism improve our lives?
- is capitalism a system which is natural and free ? Or is it
unjust and unstable?
- what about today s global capitalism?
- will capitalism destroy or liberate us?
This updated edition of a classic text is now supported by a
comprehensive documents section, chronology and who s who, as well
as a new colour plate section. It offers a concise, lucid and
thought-provoking introduction for undergraduate students or anyone
with an interest in this most pervasive, long lasting and adaptable
yet crisis-ridden of economic systems.
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