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Capitalism for Realists - Virtues and Vices of the Modern Economy (Paperback)
Loot Price: R1,096
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Capitalism for Realists - Virtues and Vices of the Modern Economy (Paperback)
Series: Routledge Studies in Political Sociology
Expected to ship within 12 - 17 working days
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In an age of extreme political polarization and waning of reasoned
debate across political divides, Capitalism for Realists carefully
explores the inner workings of capitalism in a consciously
non-partisan and balanced way. Does the modern capitalist economy
alleviate poverty and exploitation, or exacerbate them? What,
exactly, is 'neoliberalism,' and how well or poorly has it
performed in the past 40 years? Does capitalism undermine
democracy, or is it rather one of its key necessary conditions? How
have altruism, cooperation, tolerance, violence, and trust fared
under the influence of the modern market society? Should we analyse
capitalism through the mainstream economic lens or a more critical
Marxist perspective? This book offers answers to these questions.
Synthesizing decades of research across disciplines, Capitalism for
Realists offers an overarching perspective on the modern economy by
theoretically unifying many of the claims and conclusions about it
offered by various traditionally rivalrous social science
paradigms, such as institutional, neoclassical, and public choice
economics on the one hand, and Marxist sociology on the other. The
book presents and critically assesses the latest data and debates
on such crucial contemporary issues as the relationship between
poverty, exploitation, inequality, and capitalism, the nature of
'neoliberalism' and the successes and failures of both state-led
industrial policy and the Washington consensus, capitalist peace
theory, historical origins of modern capitalism, and more. What
emerges is a clear picture of the merits and demerits of the modern
economy too nuanced to be simplified and categorized by the
prevailing political discourses. Rich in empirical detail, this
lively, accessible book will appeal to undergraduate and graduate
students with interests in sociological theory, political theory,
economics, and political and economic sociology.
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