Description
Book SynopsisCapitalist Economics introduces and explains the basic economic forces that shape the present and structure the future of capitalist societies today. Rejecting the idea that economics is a universal science of choice or the efficient allocation of scarce resources, this book analyzes economic forces and relations as essential elements of a broader society. This entails understanding the economic as a logic that always operates alongside cultural, political, and social forces. As well, it requires grasping the economic as itself a product of historical development. This book explores the unique economic pressures found in capitalist societies, offering detailed yet concise analysis of basic concepts - commodities, money, exchange, interest - and investigating broader issues such as the source of profit, the nature of growth, and the role of technology and invention. Written for political scientists, sociologists, philosophers, cultural studies scholars, and beyond, the book is a complet
Table of ContentsPreface Introduction: What is Economics? Part I: Economics in History 1. Social Orders and Economic Relations 2. How Societies Produce 3. Capitalist Social Orders Part II: Capitalist Economic Relations 4. Money 5. Commodities 6. Profit Part III: Capitalist Economic Forces 7. Entrepreneurs & Investment 8. Bankers & Interest 9. The Rules of Capitalism Sources and Further Reading Glossary of Terms (by Benjamin Taylor)
