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Economy & Finance

Capitalism

Economy & Finance

Capitalism

James Fulcher

The evolution of capitalism, from its medieval European roots to its modern neoliberal form, has been marked by cycles of growth, crisis, and adaptation. Key developments, such as the rise of industrial capitalism during the Industrial Revolution and the later shift to state-managed capitalism, shaped economic systems and societal structures. However, the deregulation and financialization of capital in the late 20th century, coupled with heightened global competition, set the stage for the 2007-2008 financial crisis, exposing capitalism’s vulnerabilities. While neoliberal policies expanded individual freedoms and market opportunities, they also deepened inequalities, weakened labor protections, and contributed to systemic risks like climate change. As capitalism continues to adapt, the balance between market forces and state intervention remains central to addressing its challenges and shaping its future trajectory. The next chapter will explore how these dynamics influence emerging economies and global power shifts.

10 min

7 Bite

Einblick

Worum geht es?

The book delves into the evolution of capitalism, exploring its historical roots, transformative phases, and global impact. It examines pivotal moments like the Industrial Revolution, the rise of neoliberalism, and the 2007-2008 financial crisis, revealing how capitalism’s adaptability has shaped economies and societies. Key themes include the tension between market forces and state intervention, the consequences of deregulation, and the urgent challenges posed by climate change. Through a rich analysis, it invites readers to consider capitalism’s resilience and its potential paths forward in an increasingly interconnected world.

Buchzusammenfassung

James Fulcher is a fellow at the University of Leicester, where he teaches sociology. Aside from Capitalism, he also co-authored Oxford University Press’ Sociology textbook, now in its fourth edition.

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Alle Bissen

7 Bites

Capitalism's Core: Money, Labor, and Markets

Medieval Roots to Capitalism’s Global Rise

The Rise and Reckoning of Industrial Capitalism

The Rise and Impact of Neoliberal Capitalism

Neoliberal Shifts: Capitalism's Global Transformation

Capitalism's Evolution: From Financialization to Crisis

Capitalism's Crises: Navigating Growth and Reform

Private Government

Elizabeth Anderson

This book challenges conventional views of the workplace, exposing the hidden authoritarian structures that govern many modern jobs. It delves into the extensive power employers wield over employees, both inside and outside the office, and draws striking parallels between corporate hierarchies and undemocratic systems. Through a thought-provoking exploration of labor dynamics, it examines the imbalance of authority, the limitations of "at-will" employment, and the overlooked consequences of private governance. Ultimately, it invites readers to consider workplace democracy as a compelling alternative to the status quo.

16 min

When to Rob a Bank

Steven D. Levitt and Stephen J. Dubner

Every year, millions of parents grapple with the challenge of naming their newborns, but do names carry deeper significance? From peculiar patterns like the criminal connection to the middle name Wayne to the meteoric rise of unconventional names like Nevaeh, the power of names reveals unexpected trends. Beyond this, the book delves into surprising human behaviors, from pricing oddities and environmental misconceptions to the hidden risks of everyday activities. With a mix of humor and sharp analysis, it uncovers the fascinating ways economics, psychology, and societal norms intersect in our daily lives.

12 min

The Society of the Spectacle

Guy Debord

In a world dominated by the spectacle, this book delves into how modern society has been reshaped by a relentless barrage of images, consumerism, and distorted narratives. It explores the profound impact on our perception of time, history, and identity, revealing how authentic experiences are replaced by shallow representations. Through an engaging examination of ideology, culture, and the paradox of connection and isolation, the book challenges readers to confront the forces shaping their reality and reclaim a more meaningful existence.

10 min

Command and Control

Eric Schlosser

This book delves into the gripping history of nuclear weapons, tracing their development, deployment, and the harrowing accidents that nearly reshaped the world. Through vivid storytelling, it explores the relentless arms race, the precarious balance of Cold War politics, and the human errors that exposed the fragility of global security. With a focus on pivotal moments and the individuals who shaped them, it offers a compelling examination of the immense power and profound risks tied to humanity’s most destructive invention.

18 min