Capitalism dominates economies all over the world and is a key force in the process of globalization. What makes it such a uniquely dynamic social and economic force, however, is open to debate. The essays in this book take up this issue, offering theories on both what encourages and what blocks capitalism. In On Capitalism leading economists, sociologists, and political scientists develop ideas and insights into the dynamic of capitalism as a global economic order. Unlike studies that focus only on localized descriptions of what has made capitalism function in a specific place, these essays examine the general mechanisms that account for dynamic or rational capitalism. As each chapter shows, the mechanisms motivating and facilitating today's global capitalism are not rooted in the materialist domain of incremental capital accumulation, but in the realm of ideas and institutional structures. Taken as a whole, these essays offer a rich account of the interconnectedness of the economic, political, and religious institutions of modern capitalism.
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This important interdisciplinary work suggests a number of economic as well as sociological reasons why modern capitalism is such a uniquely dynamic force.
[Table of Contents] Contents List of Tables List of Figures Acknowledgments Contributors Introduction Victor Nee and Richard Swedberg Part I: The Dynamics and Contradictions of Capitalism 1. The Systemic Anticulture of Capitalism Russell Hardin 2. Tocqueville and the Spirit of American Capitalism Richard Swedberg 3. Income Inequality and the Protestant Ethic Robert H. Frank Part II: Politics, Legal-Rational Institutions, and Corruption 4. On Politicized Capitalism Victor Nee and Sonja Opper 5. Law, Economy, and Globalization: Max Weber and How International Financial Institutions Understand Law Bruce G. Carruthers and Terence C. Halliday 6. The Social Construction of Corruption Mark Granovetter Part III: Religion 7. The Role of Spiritual Capital in Economic Behavior Barnaby Marsh 8. Political Economy and Religion in the Spirit of Max Weber Robert J. Barro and Rachel M. McCleary 9. Beyond Weber Michael Novak Part IV: Methodological and Conceptual Issues 10. The Collective Dynamics of Belief Duncan J. Watts 11. Analytical Individualism and the Explanation of Macrosocial Change Ronald Jepperson and John W. Meyer 12. Bootstrapping Development: Rethinking the Role of Public Intervention in Promoting Growth Charles F. Sabel Index
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"This book offers illuminating analyses of the incentive mechanism that underlies the unprecedented growth performance of capitalism. It offers new insights into seminal contributions—like those of Weber and de Tocqueville–and contains much fascinating and valuable material that sociologists and economists will to well to absorb." —William J. Baumol, New York University
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Produktdetaljer

ISBN
9780804756655
Publisert
2007-07-12
Utgiver
Vendor
Stanford University Press
Vekt
494 gr
Høyde
229 mm
Bredde
152 mm
Aldersnivå
UU, UP, 05
Språk
Product language
Engelsk
Format
Product format
Heftet

Biographical note

Victor Nee is Goldwin Smith Professor of Sociology and Director of the Center for the Study of Economy and Society at Cornell University. Richard Swedberg is Professor of Sociology at Cornell University.