Capitalism, Institutions, and Economic Development
Language: English
Published by Routledge, 2009
Series: Book 82 of 375 - Routledge Frontiers of Political Economy
- First Edition
- Hardcover
- New
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Condition: New
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Add to basketItem description from seller
Challenges relativist economic recipes for growth and culturalist-incrementalist views in institutional economics. This title draws on Weber, Schumpeter, and Hayek to present a fresh universalistic vision of capitalism's depersonalized institutions as well as the ideological policies needed during constructed capitalist transitions. Series: Routledge Frontiers of Political Economy. Num Pages: 336 pages. BIC Classification: KCL. Category: (UP) Postgraduate, Research & Scholarly. Dimension: 234 x 156. Weight in Grams: 635. . 2009. 1st Edition. hardcover. . . . .
Seller Inventory # V9780415482592
- Title
- Capitalism, Institutions, and Economic Development
- Author
- Heller, Michael G.
- Publisher
- Routledge
- Publication year
- 2009
- Condition
- New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0415482593
- ISBN 13
- 9780415482592
- Edition
- 1st Edition
- Series
- Book 82 of 375: Routledge Frontiers of Political Economy
Based on a timely reassessment of the classic arguments of Weber, Schumpeter, Hayek, Popper, and Parsons, this book reconceptualizes actually-existing capitalism. It proposes capitalism as an impersonal procedural solution to the problems of spontaneously coordinating public institutions that enable durable market-based wealth generation and social order. Few countries have achieved this. A novel contribution of the book is that it identifies a practical sequence of economic and institutional shortcuts to real capitalism.
The book challenges current orthodoxies about varieties of capitalism and relativist recipes for economic growth, and it criticizes culturalist and incrementalist viewpoints in institutional economics. It calls on the social sciences to help in constructing dynamic and prosperous open societies of the twenty-first century by reclaiming older ideas of ‘social economics’. Better and faster solutions will emphasize crisis-induced change, rational leadership, ideological persuasion, institutional engineering, rules-based market freedom, and the universalistic formal-procedural impersonality of optimal regulatory systems.
"Synopsis" may belong to another edition of this title.
About the Author
Dr Michael G. Heller is a political scientist specialising in development issues. He has held research and teaching positions at universities in Mexico (Colegio de México), the United Kingdom (School of Oriental and African Studies), Argentina (Universidad de Cuyo), and Australia (University of Technology Sydney).
"About the title" may belong to another edition of this title.
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