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Marx, Veblen, and Contemporary Institutional Political Economy - Principles and Unstable Dynamics of Capitalism (Hardcover)
Loot Price: R4,039
Discovery Miles 40 390
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Marx, Veblen, and Contemporary Institutional Political Economy - Principles and Unstable Dynamics of Capitalism (Hardcover)
Series: New Horizons in Institutional and Evolutionary Economics series
Expected to ship within 12 - 17 working days
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This book uses an institutional-evolutionary approach to analyse
economic problems associated with developments in capitalism during
the second half of the twentieth century. It argues that economics
should centre on institutions - the durable fabric of the economy
over time.Drawing on the foundations of Marxist and institutional
political economy, the book traces the lineages of institutional
themes, as well as considering feminist, post-Keynesian, holistic
economics and Schumpeterian perspectives. The nature of
institutions in the growth and instability of capitalism is then
explored with reference to social structures of accumulation.
Particular reference is given to the world economy, the family, the
Keynesian welfare state and neo-liberalism, Fordism, the flexible
mode of accumulation, and financial regulation and deregulation.
The author concludes, using institutional-evolutionary themes of
political economy, that the evolution of modern capitalism is
likely to be unstable as we move into the next century.
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