‘Addresses one of the most an important questions of the present period. ... Dowd brings ambitious traits to this demanding job. a powerful achievement.’ Noam Chomsky
‘This is a piece of enlightenment that might be intelligible to scholars and non-economists.’ Edward S. Herman
This vintage publication is a perfect creation to financial idea and the dominance of capitalism, perfect for college students of financial conception and historical past. Now completely revised and up to date, this new version contains a new preface and an extra bankruptcy through the author.
Analysing the connection among monetary concept and capitalism from 1750 to the current, Douglas Dowd examines the dynamic interplay of 2 techniques: the old realities of capitalism and the evolution of financial concept. He demonstrates that the examine of economics celebrates capitalism in ways in which make it essential to classify monetary technology as natural ideology. A completely glossy background, this ebook indicates how economics has develop into ideology. a thorough critic of capitalism, Dowd surveys its dangerous effect around the globe and all through historical past.
The booklet comprises biographical sketches and short analyses of the foremost proponents and critics of capitalism all through historical past, together with 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.