Capitalism has ratings and 70 reviews. Ahmad said: Capitalism: A Very Short Introduction (Very Short Introductions #), James Fulcher This Introd. Essay on the nature of capitalism and its relation to social and economic crises. “Capitalism: A Very Short Introduction” by James Fulcher (Oxford University. CAPITALISM James Fulcher. THE CELTS Barry Cunliffe. CHOICE THEORY. Michael Allingham. CHRISTIAN ART Beth Williamson. CLASSICS Mary Beard and.

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Keynesian intervention has shot its bolt. This Very Short Introduction addresses questions such as, “what is capital?

These days we not only fill our houses with consumer items, of the millions flooding off assembly lines, we also fill “self-storage” warehouse sized buildings with them. A Very Short Introduction.

Asian banking crisis, the collapse of the Russian economy, and Capitalism: The growth of debt was one way of coping with the overproduction tendencies of capitalism. Want to Read saving…. Covers origins of capitalism and reviews how capitalism operates differently in various parts of the world. One way or another capitalism will continue on its crisis-prone way, the solution to one crisis begetting another. He also talks about different expressions of capitalism in the world, particularly in the United States, Japan, and Sweden.

Global Capitalism is explored, and crisis as part of capitalism is explained. Human Rights and Immigration. Governments tried to manage the economy by developing cooperation between the state and the organisations of unions and employers.

Show Summary Details List of illustrations 1. Myth 3 of capitalism: Apr 18, Clif rated it liked it.

Capitalism: A Very Short Introduction – Very Short Introductions

He cannot see the impenetrable wall of limitation for the blizzard of dollars that obscure its approach. Asian banking crisis, the collapse of the Russian economy, and the global financial crisis–asking whether capitalism is doomed to fail.

The book begins by addressing basic issues such as ‘what is capital? Under capitalism, goods were increasingly produced for sale in markets and this relationship became more distant.


History of Science and Technology. Thus, the s ‘solution’ to the s crisis had led eventually to the current crisis.

A good introduction to the origins of capitalism going from anarchic to managed to remarketized capitalism and the present day. This became the new orthodoxy transmitted throughout the world by globalization. Nov 03, Alexa Deene rated it really liked it. The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. Very Short Introductions Fulcher explores the different types of capitalism, from ‘anarchic capitalism,’ instances when people invested in money for profit in enclaves that were not direct This is one of the best of the Very Short Introductions I’ve read, maybe the best, because it explains the topic so well.

The mobility of capital and labour, the separation of production and consumption, and market relationships that generate competition, give capitalism a highly dynamic quality that makes it immensely productive but also unstable and liable to crisis. Now that indebtedness has reached the point at which individuals, companies, and states can no longer service it, this mechanism can no longer operate.

Bump up to 2 stars as does survey the past. In the s, however, crisis returned in a different guise and stimulated a remarketizing transformation of capitalism in the s.

It was one of the central principles of Swedish economic policy that unprofitable companies should be allowed to go bankrupt, so that their resources could be transferred to profitable ones. Feb 06, Sean Goh rated it it was ok. Combining authority with wit, accessibility, and style, Very Short Fuldher offer an introduction to some of life’s most interesting topics.

Capitalism: A Very Short Introduction

I first carried out a comparative study of the changing relationships between employers, unions, and the state in Britain and Sweden, from the nineteenth century onwards. Furthermore, banks had themselves borrowed huge sums to finance their speculative activities and had to be rescued by governments, which have themselves borrowed far too much, partly in order to deal with the crisis-hence the current problem of sovereign debt and defaulting states.


Fulcher considers some major themes of capitalism and stresses that there is no one capitalisk of capitalism. The steady growth that ensued through the s, s, fulchdr s led people to think that crises belonged to the past. Sign in to annotate. Fascism and us 2.

How did we get here? So what are the distinctive features of capitalism?

Capitalism: A Very Short Introduction – James Fulcher – Google Books

Economies of scale and technical advances driven by competition resulted in the production of more and more goods, more than could be absorbed by the market. Human Rights and Immigration. Jul 11, Gareth Williams rated it it was ok. Low rates of interest linked to an fulchwr supply of money from the surplus economies of the Far East encouraged lending and borrowing-hence the house-market bubble and the sub-prime crisis, which resulted from the indiscriminate lending of money to people who could not possibly pay it jjames.

Lehmann Brothers was allowed to go bankrupt. Workers began to pay for leisure activities organised by capitalist enterprises.

Jul 11, Titus Hjelm rated it really jamees it. Fulcher explores the different types of capitalism, from ‘anarchic capitalism,’ instances when people invested in money for profit in enclaves that were not directly controlled by government, to ‘remarketized capitalism,’ a tendency that has prevailed from the s onward to implement government measures to deregulate industries that were once controlled by the government.

The fundamental problem was and is the accumulation of high levels of debt that cannot be serviced, let fulfher repaid.

Front Matter Acknowledgment List of illustrations Preface 1. Just a moment while we sign you in to your Jsmes account. I found the fifth chapter most thought-provoking of all.