(Download free ebook) Capitalism: Its Origins and Evolution as a System of Governance






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||1 of 1 people found the following review helpful.| Excerpt from Futurecasts review of Scott: "Capitalism::Its Origins & Evolution."|By Dan Blatt, Publisher, Futurecasts online magazine|Part I: The Concept of Capitalism:

Describing the elephant:

So, what is "capitalism,"anyway? For two centuries, whole library shelves have been filled with efforts to answer that question. However, there is evidently alwa| ||Professor Scott presents the development of capitalism as a political process, the result of conflicts among social actors, with capitalists and government officials as the main actors. While focused on the United States, this book has the great merit of sho

Two systems of governance, capitalism and democracy, prevail in the world today. Operating simultaneously in partially distinct domains, these systems rely on indirect governance through regulated competition to coordinate actors; inevitably, these systems influence and transform each other. This book rejects the simple equation of capitalism with markets in favor of a three-level system, a model which recognizes that markets are administered by regulators through insti...


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