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Now with a substantial new postscript on the financial crisis This book provides a basic introduction to the 'nuts and bolts' of capitalism. It starts by examining the classic accounts of capitalism found in the works of Adam Smith, Karl Marx, Max Weber, Joseph Schumpeter, and John Maynard Keynes. Each placed emphasis on different institutional elements of capitalism - Smith on the market's 'invisible hand'; Marx on capital's exploitation of labour; Weber on the foundations of economic rationality; and Schumpeter and Keynes on the instability that results from capitalism's essentially monetary and financial character. Drawing on these classic accounts, Ingham then offers a succinct analysis of capitalism's basic institutions and their interconnections. Market exchange, the monetary system, the enterprise, capital and financial markets, and the role of the state are dealt with in separate chapters which make use of contemporary material on the recent history of the capitalist system - including the great inflation of the 1970s and the neo-liberal backlash; the 'dot.com' bubble of the late 1990s; and the collapse of Enron and other US corporations. This revised version includes a substantial new postscript on the financial crisis of 2007-8 and its aftermath. The result is a concise, masterly and up-to-date account of the world's most powerful economic system, written in a way that is accessible to students and general readers alike.

Rabbi Dalin explodes the resurrected, widely accepted, yet bankrupt smearing of Pope Pius XII, whom Jewish survivors of the Holocaust considered "a righteous gentile." With devastating scholarship and unblinking honesty, he sets the record straight in a book that should shame haters of the pope, inspire conservative Christians, and sound a warning about the deep roots of Islamofascism. Jamey Cadmus is clearly a deeply troubled young man. Found clutching a bloodied knife at the scene of a brutal double homicide, surely he must be the vicious serial killer who's been terrorising LA. What Drinking Molotov Cocktails with Gandhi free epub other explanation can there be? The public are demanding the death penalty but his lawyer is pleading diminished responsibility. Psychologist Alex Delaware is asked to make an assessment of Jamey's mental health but to do that he needs to look into Jamey's past and no one wants Alex digging there ...

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Author: Geoffrey Ingham
Number of Pages: 200 pages
Published Date: 30 Jun 2009
Publisher: Polity Press
Publication Country: Oxford, United Kingdom
Language: English
ISBN: 9780745636481
Download Link: Click Here
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