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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