By Douglas Dowd
This vintage booklet is a perfect advent to fiscal idea and the dominance of capitalism, perfect for college students of financial concept and historical past. Now completely revised and up to date, this new version encompasses a new preface and an extra bankruptcy via the writer. Analysing the connection among fiscal notion and capitalism from 1750 to the current, Douglas Dowd examines the dynamic interplay of 2 procedures: the ancient realities of capitalism and the evolution of monetary idea. He demonstrates that the research of economics celebrates capitalism in ways in which make it essential to classify financial technological know-how as natural ideology. A completely smooth background, this booklet indicates how economics has develop into ideology. an intensive critic of capitalism, Dowd surveys its damaging effect around the globe and all through background. The e-book contains biographical sketches and short analyses of the main proponents and critics of capitalism all through historical past, together with Adam Smith, Thomas Malthus, Jeremy Bentham, John Stuart Mill, Karl Marx, Thorstein Veblen, Rosa Luxemburg, John Maynard Keynes, Paul Samuelson, Milton Friedman, and Eric Hobsbawm.