||0 of 1 people found the following review helpful.| Five Stars|By Ida de Jesus|Interesting book.|7 of 7 people found the following review helpful.| Defining Capitalism|By Hans G. Despain|Geoffrey Hodgson’s new book “Conceptualizing Capitalism” aims to develop an accurate definition of capitalism that captures the structural systemic essence. I picked up this||
“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 a
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. ... [PDF.fc92] Conceptualizing Capitalism: Institutions, Evolution, Future Rating: 3.84 (545 Votes)
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