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Conceptualizing Capitalism: Institutions, Evolution, Future
Geoffrey M. Hodgson
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Description for Conceptualizing Capitalism: Institutions, Evolution, Future
Hardcover. Drawing on a theoretical approach called legal institutionalism, the author establishes that the important factor in the emergence of capitalism is the constitutive role of law and the state. He identifies the key institutional developments that coincided with its rise. Num Pages: 456 pages, 2 halftones, 5 tables. BIC Classification: KCS. Category: (G) General (US: Trade). Dimension: 165 x 237 x 37. Weight in Grams: 832.
A few centuries ago, capitalism set in motion an explosion of economic productivity. Markets and private property had existed for millennia, but what other key institutions fostered capitalism's relatively recent emergence? Until now, the conceptual toolkit available to answer this question has been inadequate, and economists and other social scientists have been diverted from identifying these key institutions. With Conceptualizing Capitalism, Geoffrey M Hodgson offers readers a more precise conceptual framework. Drawing on a new theoretical approach called legal institutionalism, Hodgson establishes that the most important factor in the emergence of capitalism - but also among the most often overlooked ... Read more
A few centuries ago, capitalism set in motion an explosion of economic productivity. Markets and private property had existed for millennia, but what other key institutions fostered capitalism's relatively recent emergence? Until now, the conceptual toolkit available to answer this question has been inadequate, and economists and other social scientists have been diverted from identifying these key institutions. With Conceptualizing Capitalism, Geoffrey M Hodgson offers readers a more precise conceptual framework. Drawing on a new theoretical approach called legal institutionalism, Hodgson establishes that the most important factor in the emergence of capitalism - but also among the most often overlooked ... Read more
Product Details
Format
Hardback
Publication date
2015
Publisher
University Of Chicago Press
Condition
New
Number of Pages
456
Place of Publication
, United States
ISBN
9780226168005
SKU
V9780226168005
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Geoffrey M. Hodgson
Geoffrey M. Hodgson is research professor at Hertfordshire Business School, University of Hertfordshire, England, and the author or coauthor of over a dozen books, including Darwin's Conjecture and From Pleasure Machines to Moral Communities, both also published by the University of Chicago Press.
Reviews for Conceptualizing Capitalism: Institutions, Evolution, Future
"In standard economics, capitalism has become an ill-defined concept, its analysis flawed from the very initial definition. Hodgson's book reintroduces a sharp and precise definition, showing how a successful analysis of capitalism requires an understanding of the interactions of numerous complementary institutions, including sophisticated legal institutions. This is a remarkable and highly original piece of interdisciplinary scholarship that will greatly ... Read more