Download Capitalism: A Very Short Introduction by James Fulcher PDF

By James Fulcher

What's capitalism? Is capitalism a similar in every single place? Is there another?

The notice 'capitalism' is person who is heard and used usually, yet what's capitalism relatively all approximately, and what does it suggest? The e-book starts by way of addressing simple matters reminiscent of 'what is capital?' sooner than discussing the background and improvement of capitalism via 3 targeted and soaking up case reports starting from the tulipomania of seventeenth-century Holland to the hot Enron hindrance in America.

Fulcher addresses vital brand new matters, resembling New Labour's dating with capitalism, the importance of world capitalism, and specific nationwide types of capitalism. He additionally explores no matter if capital has escaped the countryside by way of going worldwide, emphasizing that globalizing strategies aren't new. He discusses the challenge developments of capitalism, resembling the Southeast Asian banking concern, the cave in of the Russian economic climate, and the 1997- 1998 international monetary problem, and asks even if capitalism is doomed. The publication ends by means of asking even if there's a substitute for capitalism, discussing socialism, communal and cooperative experiments, and the choices proposed via environmentalists.

Readership: basic readers, these attracted to sociology, modern concerns equivalent to globalization, ecology, and present affairs; and scholars of sociology, smooth historical past, and geography.

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Extra resources for Capitalism: A Very Short Introduction

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Notes 1. , Bruff, 2011) camp. 2. The world’s top 500 companies on the basis of their stock-market capitalization. 3. The world’s top 500 companies on the basis of their global revenue. 4. Specifically, they are located in China (15 percent); Japan (14 percent); South Korea (3 percent); Australia (2 percent); India (2 percent); Taiwan (1 percent); and one corporation each from Malaysia and Thailand. cnn. com. 5. This is the simple average of their TNIs. If the top 100 corporations are treated as a group, calculating their transnationality in total based on the sum of their assets, sales, and employment yields an average TNI of 59 – that is, slightly less.

Introduction 11 investment from emerging markets to the EU represents something of a double-edged sword. On the one hand, this investment threatens to unsettle traditional investment privileges in the EU, and some interests may be tempted to resort to protectionist policies. On the other hand, the ongoing financial and economic crises mean that EU member states increasingly need FDI from emerging markets, and may therefore put into place liberalizing policies to make the EU a more attractive destination.

97), and for addressing the challenges states and their corporations face. This is considered in the following section. 4 The evolution of state-corporate relations The above discussion is of course something of a caricature of variations in corporate-state relations. 6 They are heuristically useful, however, especially if seen as representing two ends of a spectrum of propensities that states and their corporations tend toward to one degree or another. Several studies have borne this out, such as Hall and Gingerich (2009), who demonstrate that the VoC approach does not just study ideal types that have been inflated to categories.

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