Analysing the relationship between economic thought and capitalism from 1750 to the present, Douglas Dowd examines the dynamic interaction of two processes: the historical realities of capitalism and the evolution of economic theory.
He demonstrates that the study of economics celebrates capitalism in ways that make it necessary to classify economic science as pure ideology. A thoroughly modern history, this book shows how economics has become ideology. A radical critic of capitalism, Dowd surveys its detrimental impact across the globe and throughout history.
The book includes biographical sketches and brief analyses of the major proponents and critics of capitalism throughout history, including Adam Smith, Thomas Malthus, Jeremy Bentham, John Stuart Mill, Karl Marx, Thorstein Veblen, Rosa Luxemburg, John Maynard Keynes, Paul Samuelson, Milton Friedman, and Eric Hobsbawm. This new edition includes a new preface and an additional chapter by the author.
By:
Douglas Dowd
Imprint: Pluto Press UK
Country of Publication: United Kingdom
Edition: New edition
Dimensions:
Height: 230mm,
Width: 150mm,
Spine: 24mm
Weight: 507g
ISBN: 9780745322797
ISBN 10: 0745322794
Pages: 344
Publication Date: 20 July 2004
Audience:
Professional and scholarly
,
Professional and scholarly
,
Undergraduate
,
Undergraduate
Format: Paperback
Publisher's Status: Unspecified
Preface to new edition Prologue PART I. 1750-1945 1. Birth – The Industrial Revolution and Classical Political Economy, 1750-1850 2. Maturation – Global Capitalism and Neoclassical Economics, 1850–1914 3. Death Throes – Chaos, War, Depression, War Again; Economics in Disarray, 1914–1945 PART 2. 1945-2000 4. Resurrection – Global Economy II and Crisis; Hopeful Stirrings in Economics. 1945–1975 5. New World Order – Globalisation and Financialisation; and Decadent Economics, 1975–2000 6. The Unfolding Crises of the 21st Century Epilogue Bibliography Name Index Subject Index
Douglas Dowd is a widely respected academic and political activist. He has taught at Cornell University, Johns Hopkins University, University of California, Berkeley, and San Jose State University and is currently teaching at the University of Modena in Italy. He is the author of Capitalism and its Economics (Pluto, 2004).
Reviews for Capitalism and Its Economics: A Critical History
'Addresses some of the most crucial questions of the current era. ... Dowd brings formidable qualities to this challenging task. An impressive achievement.' --Noam Chomsky 'This is a work of enlightenment that will be intelligible to students and non-economists.' --Edward S. Herman 'Addresses some of the most crucial questions of the current era. ... Dowd brings formidable qualities to this challenging task. An impressive achievement.' --Noam Chomsky 'This is a work of enlightenment that will be intelligible to students and non-economists.' --Edward S. Herman