Capitalism: A Very Short Introduction

Book Title Capitalism: A Very Short Introduction
Author Name James Fulcher
Publishing house Oxford University Press
Country – city United Kingdom
Date of issue 2004
Number of pages 160

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Capitalism: A Very Short Introduction 

This book has been translated by a publishing house alshorouq

This Introduction explores the origins of capitalism and questions whether it did indeed originate in Europe.

It examines a distinctive stage in the development of capitalism that began in the 1980s, in order to understand where we are now and how capitalism has evolved since.

The book discusses the crisis tendencies of capitalism–including the S.E. Asian banking crisis, the collapse of the Russian economy, and the 1997-1998 global financial crisis–asking whether capitalism is doomed to fail.

In the end, the author ruminates on a possible alternative to capitalism, discussing socialism, communal and cooperative experiments, and alternatives proposed by environmentalists.

About the Series: Combining authority with wit, accessibility, and style, Very Short Introductions offer an introduction to some of life’s most interesting topics. Written by experts for the newcomer, they demonstrate the finest contemporary thinking about the central problems and issues in hundreds of key topics, from philosophy to Freud, quantum theory to Islam.

Second Edition

  • Provides a detailed answer to the question ‘what is capitalism?’
  • Brings together sociological and historical approaches to the study of capitalism, drawing on material from a wide range of historical and contemporary societies
  • Looks at the origins and developments of capitalism and the various forms it takes worldwide
  • Analyses historical cases of crisis within capitalism
  • Discusses the global financial crisis of 2007-8 and its on-going effects
  • Highlights the problems of financial capitalism by identifying two crisis mechanisms – overproduction/underconsumption and financial crisis of credit expansion and contraction
  • Explores the deflationary consequences of quantitative easing (QE), the contraction of credit, and the role of China in the global economy
  • Includes an updated further reading section

Capitalism: A Very Short Introduction

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