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Books > History > History of specific subjects > Economic history
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Invisible Hands, Russian Experience, and Social Science - Approaches to Understanding Systemic Failure (Paperback)
Loot Price: R1,111
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Invisible Hands, Russian Experience, and Social Science - Approaches to Understanding Systemic Failure (Paperback)
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This book investigates cases in which national and international
activities have gone massively wrong, entailing seriously negative
consequences, and in which the sophisticated analytical models of
social science have ceased to be helpful. Illustrations range from
the global financial crisis to the failure to achieve speedy
systemic change in the former Soviet Union and the failure to
achieve development in the Third World. The analysis uses as a
backdrop long-term Russian history and short-term Russian
encounters with unrestrained capitalism to develop a framework that
is based in the so-called new institutionalism. Understanding the
causes of systemic failure is shown to require an approach that
spans across the increasingly specialized subdisciplines of modern
social science. Demonstrating that increasing theoretical
sophistication has been bought at the price of a loss of
perspective and the need for sensitivity to the role of cultural
and historical specificity, the book pleads the case for a new
departure in seeking to model the motives for human action.
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