Search results for ""Author Wyatt Wells""
Stanford University Press Permanent Revolution: Reflections on Capitalism
Permanent Revolution concisely describes the development and workings of capitalism and its influence on the broader society. In the developed world—Europe, North America, and parts of East Asia—capitalism is ubiquitous, and as such, often taken for granted. Discussion usually focuses on specific aspects of the system that individuals appreciate or dislike, ignoring the larger picture. The notion of millennials denouncing capitalism on Facebook and Twitter—products of capitalist development—is a caricature that is eerily close to reality. In this book, Wyatt Wells examines the development of economic innovation, the role of financial markets, the business cycle, the ways markets operate, and the position of labor in capitalist economies, as well as the effects of capitalism on law, politics, religion, and even the arts. This discussion is grounded in history, though it does make use of economic theory. As a result, the book sometimes approaches topics from an unconventional direction. For instance, it notes that financial markets not only pool and allocate the resources of savers—the role ascribed to them in conventional economics textbooks—but they also discipline enterprises, punishing those unable to meet prescribed financial standards. Permanent Revolution ranges broadly, delving into how capitalism reshapes the broader society. The system creates wealth in new and, often, unexpected places, and it constantly moves people physically and socially. The result revolutionizes society. Traditional structures based on deference and long experience gradually collapse because they no longer correspond to social reality. Capitalist societies must devise ways to accommodate perpetual change in politics, religion, and society. Much of the diversity, liberty, and flexibility we associate with modern society are the product of capitalist development.
£11.99
Ivan R Dee, Inc American Capitalism, 1945–2000: Continuity and Change from Mass Production to the Information Society
The record of the American economy since 1945 offers an embarrassment of riches for the historian, and Wyatt Wells has brought them together in a compact and incisive history. His theme is how greatly many economic circumstances changed—and how many other features remained essentially the same. He shows how throughout the period the United States enjoyed not only the world's largest economy but by most measures its most diverse and sophisticated. The second half of the twentieth century witnessed extraordinary change: the development of entirely new industries, such as television and computers; the decline of established industries, such as steel and textiles; the impact of international trade and competition on growing numbers of Americans. As the boom of the 1950s and 1960s gave way to "stagflation" in the 1970s, the 1980s became a time of extensive reorganization, which in turn laid the foundation for another boom in the 1990s. Still, as Mr. Wells notes, industry remained in private hands; political debate consistently returned to the same issues involving the proper role of government in the economy; and the country remained committed to an open international economic system. American Capitalism examines the development of economic policy (government spending, taxes, regulation, and monetary policy), economic structure (companies, markets, technology, and labor), and ideas about both, explaining the complex interaction of these factors over the past half-century. The book offers an essential short course on American economic development over these years.
£25.61
Ivan R Dee, Inc American Capitalism, 1945–2000: Continuity and Change from Mass Production to the Information Society
The record of the American economy since 1945 offers an embarrassment of riches for the historian, and Wyatt Wells has brought them together in a compact and incisive history. His theme is how greatly many economic circumstances changed—and how many other features remained essentially the same. He shows how throughout the period the United States enjoyed not only the world's largest economy but by most measures its most diverse and sophisticated. The second half of the twentieth century witnessed extraordinary change: the development of entirely new industries, such as television and computers; the decline of established industries, such as steel and textiles; the impact of international trade and competition on growing numbers of Americans. As the boom of the 1950s and 1960s gave way to "stagflation" in the 1970s, the 1980s became a time of extensive reorganization, which in turn laid the foundation for another boom in the 1990s. Still, as Mr. Wells notes, industry remained in private hands; political debate consistently returned to the same issues involving the proper role of government in the economy; and the country remained committed to an open international economic system. American Capitalism examines the development of economic policy (government spending, taxes, regulation, and monetary policy), economic structure (companies, markets, technology, and labor), and ideas about both, explaining the complex interaction of these factors over the past half-century. The book offers an essential short course on American economic development over these years.
£16.83
