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Capitalism in Evolution: Global Contentions--East and West

Posted on 2010-04-13




Name:Capitalism in Evolution: Global Contentions--East and West
ASIN/ISBN:1858988608
Language:English
File size:4.59 Mb
Publisher: Edward Elgar Publishing
ISBN: 1858988608
Publish Date: edition 2002
File Type: PDF
Pages: 206 pages
File Size: 4,59 mb
   Capitalism in Evolution: Global Contentions--East and West

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For much of the twentieth century, rivalry existed between centrally planned and capitalist solutions to the problems of economic stability and growth. This changed in the 1990s. In that same decade, the period of rapid growth of the Japanese economy came to an end and by the close of the century, the American model of capitalism was seen as the only possible option. Modern capitalism has achieved spectacular rates of innovation and growth but the system is still menaced by financial crises and economic recessions. Furthermore, there is an unacknowledged diversity of capitalist systems. Contributors to this volume argue that to understand capitalism in evolution, this diversity of systems and approaches must be taken into account and their individual evolutions analyzed.

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