Products related to Capitalism:
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Rethinking European Integration History in Light of Capitalism
This book outlines the possibilities and perspectives of an intertwining of European integration historiography with the history and concept of capitalism. Although debates on capitalism have been making a comeback since the 2008 crisis, to date the concept of capitalism remains almost completely avoided by historians of European integration.This book thus conceptualizes ‘capitalism’ as a useful analytical tool that should be used by historians of European integration and proposes three major approaches for them to do so: first, by bringing the question of social conflict, integral to the concept of capitalism, into European integration history; second, by better conceptualizing the link between European governance, Europeanization and the globalization of capitalism; and thirdly by investigating the economic, political and ideological models or doctrines that underlie European cooperation, integration, policies and institutions.This analytical encounter between European integration history and capitalism allows for a better understanding of how today’s "Europe" resulted from a complex social, economic and political conflict that took place in part at the European level. The chapters in this book were originally published as a special issue of the journal, the European Review of History.
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Sustainable Enterprise Value Creation : Implementing Stakeholder Capitalism through Full ESG Integration
This Open Access book provides a practical guide to the creation of sustainable enterprise value and implementation of the principles of stakeholder capitalism for corporate boards and management teams.The authors argue that business leadership is on the threshold of a new era driven by major shifts in technology, society, political economy and climate change.They set this transition in international and historical context and outline a comprehensive leadership agenda for fully integrating environmental, social, governance (ESG) and data stewardship risks and opportunities into corporate governance, strategy, reporting and partnerships.This systematic approach is illustrated with good practices by leading companies and includes an explanation of how sustainability reporting is making the leap into formal accounting standards set by the same body that oversees international financial accounting standards and what companies should do to prepare.The book’s combination of scholarly analysis and practical guidance make it a valuable resource for anyone seeking to navigate the new business context, whether from the perspective of a board director, C-suite executive, manager, policymaker, scholar or student. This is an open access book.
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Sustainable Enterprise Value Creation : Implementing Stakeholder Capitalism through Full ESG Integration
This Open Access book provides a practical guide to the creation of sustainable enterprise value and implementation of the principles of stakeholder capitalism for corporate boards and management teams. The authors argue that business leadership is on the threshold of a new era driven by major shifts in technology, society, political economy and climate change. They set this transition in international and historical context and outline a comprehensive leadership agenda for fully integrating environmental, social, governance (ESG) and data stewardship risks and opportunities into corporate governance, strategy, reporting and partnerships. This systematic approach is illustrated with good practices by leading companies and includes an explanation of how sustainability reporting is making the leap into formal accounting standards set by the same body that oversees international financial accounting standards and what companies should do to prepare. The book's combination of scholarly analysis and practical guidance make it a valuable resource for anyone seeking to navigate the new business context, whether from the perspective of a board director, C-suite executive, manager, policymaker, scholar or student.This is an open access book.
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Capitalism, Power and Innovation : Intellectual Monopoly Capitalism Uncovered
In contemporary global capitalism, the most powerful corporations are innovation or intellectual monopolies.The book’s unique perspective focuses on how private ownership and control of knowledge and data have become a major source of rent and power.The author explains how at the one pole, these corporations concentrate income, property and power in the United States, China, and in a handful of intellectual monopolies, particularly from digital and pharmaceutical industries, while at the other pole developing countries are left further behind. The book includes detailed empirical mappings of how intellectual monopolies develop and transform knowledge from universities and open-source collaborations into intangible assets.The result is a strategy that combines undermining the commons through privatization with harvesting from the same commons.The book ends with provoking reflections to tilt the scale against intellectual monopoly capitalism and arguing that desired changes require democratic mobilization of workers and citizens at large. This book represents one of the first attempts to capture the contours of an emerging new era where old perspectives lead us astray, and the old policy toolbox is hopelessly inadequate.This is true for the idea that the best, or only, way to promote innovation is to transform knowledge into private property.It is also true for anti-trust policies focusing exclusively on consumer prices.The formation of global infrastructures that lead to natural monopolies calls for public rather than private ownership. Scholars and professionals from the social sciences and humanities (in particular economics, sociology, political science, geography, educational science and science and technology studies) will enjoy a clear and all-embracing depiction of innovation dynamics in contemporary capitalism, with a particular focus on asymmetries between actors, regions and topics.In fact, its topical issue broadens the book’s scope to those curious about how innovation networks shape our world. Capitalism, Power and Innovation has won the Joan Robinson Prize, which is awarded biennially for the best monograph on a theme broadly in accord with the European Association for Evolutionary Political Economy (EAEPE) theoretical perspectives.
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How does American capitalism differ from Russian capitalism?
American capitalism is characterized by a more free-market approach, with less government intervention in the economy compared to Russian capitalism. In the United States, there is a strong emphasis on private ownership, competition, and individual entrepreneurship. On the other hand, Russian capitalism has been influenced by its history of state control and government involvement in the economy, leading to a more centralized and oligarchic system. Additionally, the legal and regulatory frameworks in both countries differ, impacting the way businesses operate and compete in each respective market.
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What is the connection between fascism and capitalism?
Fascism and capitalism are connected in that fascism often emerges as a response to economic crises or perceived threats to capitalist systems. Fascist regimes have historically maintained close ties with capitalist interests, as they prioritize the protection of private property and the preservation of class hierarchies. However, fascism also seeks to centralize power in the state and suppress dissent, which can lead to the erosion of democratic institutions and individual freedoms that are typically associated with capitalist societies. Ultimately, while fascism and capitalism can coexist and even reinforce each other in certain contexts, they are fundamentally different ideologies with distinct goals and values.
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Capitalism or democracy?
Capitalism and democracy are two distinct systems that can coexist but are not interchangeable. Capitalism is an economic system based on private ownership and the pursuit of profit, while democracy is a political system based on the principles of equality, freedom, and participation. While capitalism can thrive in a democratic society, it can also lead to inequality and exploitation if not regulated properly. Ultimately, both systems have their strengths and weaknesses, and a balance between the two is necessary for a fair and just society.
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Will capitalism remain?
It is difficult to predict the future with certainty, but capitalism has proven to be a resilient economic system that has adapted to various challenges over time. While there may be calls for reform or changes to address issues such as income inequality or environmental sustainability, it is likely that capitalism will continue to be a dominant economic system in many parts of the world. However, it may evolve and incorporate new ideas and practices to address the changing needs and demands of society.
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Global Capitalism
A wonderful blend of “politics and economics, micro and macro, past and present in an accessible narrative” (The Washington Post), Global Capitalism presents an authoritative history of the twentieth-century global economy.Jeffry A. Frieden’s discussion of the financial crisis of 2008 explores its causes, the many warning signals for policymakers and its repercussions: a protracted recovery with accumulating levels of inequality and political turmoil in the European Union and the United States.Frieden also highlights China’s dramatic rise as the world’s largest manufacturer and trading nation, perhaps the most far-reaching development of the new millennium.Drawing parallels between the current period and the decades before the First World War, when the first era of global economic integration gave way to nationalist rivalry, Frieden’s history clearly shows that globalisation is neither inevitable nor irreversible but a political choice. • With a new chapter on the great financial crisis and the retreat from global integration.
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Capitalism Sucks!
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Cognitive Capitalism
We live in a time of transition, argues Yann Moulier Boutang.But the irony is that this is not a transition to a new type of society called ‘socialism’, as many on the Left had assumed; rather, it is a transition to a new type of capitalism.Socialism has been left behind by a new revolution in our midst. ‘Globalization’ effectively corresponds to the emergence, since 1975, of a third kind of capitalism.It does not have much to do with the industrial capitalism which, at the point of its birth (1750-1820), broke with earlier forms of mercantile capitalism.The aim of this book is to describe and explain the characteristics of this third age of capitalism. Boutang coins the term ‘cognitive capitalism’ to describe this new form of capitalism.While this notion remains a working hypothesis, it already provides some basic orientations and anchor points which are indispensible for political action.The political economy which was born with Adam Smith no longer offers us the possibility of understanding the reality which is being constructed before our eyes - namely the value, wealth and complexity of the world economic system Ð and it also does not enable us to deal with the challenges that await humanity, whether ecological or social.This book thus seeks to put us onto the path of a provisional politics and morality capable of dealing with this new Great Transformation.
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After Capitalism
Since first published in 2002, After Capitalism has offered students and political activists alike a coherent vision of a viable and desirable alternative to capitalism.David Schweickart calls this system Economic Democracy, a successor-system to capitalism which preserves the efficiency strengths of a market economy while extending democracy to the workplace and to the structures of investment finance.In the second edition, Schweickart recognizes that increased globalization of companies has created greater than ever interdependent economies and the debate about the desirability of entrepreneurship is escalating.The new edition includes a new preface, completely updated data, reorganized chapters, and new sections on the economic instability of capitalism, the current economic crisis, and China.Drawing on both theoretical and empirical research, Schweickart shows how and why this model is efficient, dynamic, and applicable in the world today.
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What describes capitalism?
Capitalism is an economic system characterized by private ownership of the means of production, profit motive, competition, and market-based allocation of resources.
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When was capitalism?
Capitalism as an economic system began to emerge in the late Middle Ages and early modern period in Europe, but it became more prominent during the Industrial Revolution in the 18th and 19th centuries.
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Capitalism or Communism?
The choice between capitalism and communism ultimately depends on one's values and beliefs. Capitalism promotes individual freedom, competition, and innovation, but can also lead to income inequality and exploitation. On the other hand, communism aims for equality, collective ownership, and social welfare, but can stifle individual initiative and creativity. Both systems have their strengths and weaknesses, and the best choice may lie in finding a balance between the two that addresses the needs of society while respecting individual rights.
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Is capitalism unfair?
The fairness of capitalism is a matter of perspective. Proponents argue that capitalism provides opportunities for individuals to succeed based on their hard work and innovation, creating a meritocratic system. However, critics argue that capitalism can lead to inequality and exploitation, as it often benefits those who already have wealth and power. Ultimately, the fairness of capitalism depends on how it is regulated and the extent to which it addresses issues of inequality and social justice.
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