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On Capitalism

On Capitalism

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  • ISBN:9780804756655
  • Editorial: Stanford University Press.
  • Fecha de la edición:
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  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:384
  • Idiomas:Inglés,Ingles

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Capitalism dominates economies all over the world and is a key force in the process of globalization. What makes it such a uniquely dynamic social and economic force, however, is open to debate. The essays in this book take up this issue, offering theories on both what encourages and what blocks capitalism. In "On Capitalism" leading economists, sociologists, and political scientists develop ideas and insights into the dynamic of capitalism as a global economic order. Unlike studies that focus only on localized descriptions of what has made capitalism function in a specific place, these essays examine the general mechanisms that account for dynamic or rational capitalism. As each chapter shows, the mechanisms motivating and facilitating today's global capitalism are not rooted in the materialist domain of incremental capital accumulation, but in the realm of ideas and institutional structures. Taken as a whole, these essays offer a rich account of the interconnectedness of the economic, political, and religious institutions of modern capitalism.

Pt. I The dynamics and contradictions of capitalism
1 The systemic anticulture of capitalism by Russell Hardin 21
2 Tocqueville and the spirit of American capitalism by Richard Swedberg 42
3 Income inequality and the Protestant ethic by Robert H. Frank 71
Pt. II Politics, legal-rational institutions, and corruption
4 On politicized capitalism by Victor Nee and Sonja Opper 93
5 Law, economy, and globalization : Max Weber and how international financial institutions understand law by Bruce C. Carruthers and Terence C. Halliday 128
6 The social construction of corruption by Mark Granovetter 152
Pt. III Religion
7 The role of spiritual capital in economic behavior by Barnaby Marsh 175
8 Political economy and religion in the spirit of Max Weber by Robert J. Barro and Rachel M. McCleary 190
9 Beyond Weber by Michael Novak 220
Pt. IV Methodological and conceptual issues
10 The collective dynamics of belief by Duncan J. Watts 241
11 Analytical individualism and the explanation of macrosocial change by Ronald Jepperson and John W. Meyer 273
12 Bootstrapping development : rethinking the role of public intervention in promoting growth by Charles F. Sabel 305

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