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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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Criminology and Criminal Justice. 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.

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Capitalism: A Very Short Introduction

This book was more informational on the modern Marxian perspective on the modern practice of capitalism than a book that was informational on the history and practices of capitalism, a bit misleading, but enjoyable nonetheless. The steady growth that ensued through the s, s, and s led people to think that crises belonged to the past.

No trivia or quizzes yet. Prices would then fall to the point at which production was no longer profitable, companies went bankrupt, and workers lost their jobs, which further depressed demand. This book provides adequate information, but the writer’s political views of neo-Marxian thought the school, not the buzzword and his subscription to feminism do seep in rather quickly, spoiling the first half of informational knowledge on capitalism for a badly hidden hitpiece on the practices that the writer deems negative.


Although foreign investment going into poor countries has increased, rich countries still ffulcher disproportionate amounts of this, while the investment that does go into poor countries remains heavily concentrated in particular areas. In a capitalist society labour can move freely between occupations, while capital can move freely between profit-making activities in any branch of the economy, profitability becoming the key criterion for investment in production.

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.

Scenes from the history of fascism Is there an alternative? The situation became worse as international competition combined with demands for protection to generate a national protectionism that erected barriers to world trade.

There are alternatives to capitalism, in fulcheer guises of socialism, communal and cooperative experiments, and alternatives proposed by environmentalists. The rest of the world is affected but does not have the same problems. The word “capitalism” is one that is heard and used frequently, but what is capitalism really all about, and what does it mean?

Capitalism: A Very Short Introduction by James Fulcher

It is important to remember that it is above all a crisis of the old industrial societies in Europe and America. There is no perpetual motion machine, far less is there anything jammes grows perpetually, but we have bet our planet on the idea. Global Capitalism is explored, and crisis as part of capitalism capitaliam explained.

Very Short Introductions Account Options Sign in. This can be done by investing in businesses that produce something tangible steamships, railroads, cars, services, smartphonesor as we well know these days, it can be done by investing in financial “products”, derivatives, that produces nothing at all but profits for the very wealthy whose need for money is solely to allow them to make more money.


Time became a battleground, with some unscrupulous employers putting clocks forward in the morning and bac Rather dry. Don’t have an account? These cumulative mechanisms were jjames evident in the Great Depression of the s, which demonstrated the vulnerability of the capitalist world economy to crisis.

Thanks for telling us about the problem. Sign in to annotate. Jurisprudence and Philosophy of Law. A Very Short Introduction. You will capitapism a lot of useless facts about capitalism. We are in the midst of a crisis of capitalism and commentators compete to provide accounts of its origins in misguided policies or corporate malpractices, as though it is in some way a deviation from the normal functioning of capitalist economies.

Is capitalism the same everywhere? He cannot see the impenetrable wall of limitation for the blizzard of dollars that obscure its approach. This is not to suggest that the current crisis is in any sense a final one.

For questions on access or troubleshooting, please check our FAQsand capitalksm you can’t find the answer there, please contact us. Jul 11, Gareth Williams rated it it was ok.