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Capitalism in Evolution: Global Contentions - East and West

Geoffrey M. Hodgson, Makoto Itoh, Nobuharu Yokokawa

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ISBN 10: 1858988608 / ISBN 13: 9781858988603
Published by Edward Elgar Publishing Ltd 2001-05-25, 2001
New Condition: New
From Chiron Media (Wallingford, United Kingdom)

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Title: Capitalism in Evolution: Global Contentions ...

Publisher: Edward Elgar Publishing Ltd 2001-05-25

Publication Date: 2001

Book Condition: New

About this title


For much of the twentieth century, rivalry existed between centrally planned and capitalist solutions to the problems of economic stability and growth. This changed in the 1990s. In that same decade, the period of rapid growth of the Japanese economy came to an end and by the close of the century, the American model of capitalism was seen as the only possible option. Modern capitalism has achieved spectacular rates of innovation and growth but the system is still menaced by financial crises and economic recessions. Furthermore, there is an unacknowledged diversity of capitalist systems. Contributors to this volume argue that to understand capitalism in evolution, this diversity of systems and approaches must be taken into account and their individual evolutions analysed. This book represents a major understanding of the evolution of capitalism in the twenty first century and brings together a distinguished group of experts with perspectives from America, Europe and Japan.


‘. . . this collection will be useful to economic and business historians in reminding them that capitalism is not a monolithic and unvarying economic system.’ Author: Gail D. Triner, Business History

‘Although so many collections of essays such as the one at hand are eclectic and boring, this is clearly an exception. The strength of the volume resides in the fact that it establishes a dialogue among all the authors on the roots of globalization and what the editors call “the precariousness of world markets”.’ Author: Francisco Louçã, Journal of Evolutionary Economics

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