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Cover

The Evolution of Economic Systems

Varieties of Capitalism in the Global Economy

Barry Clark

Publication Date - December 2015

ISBN: 9780190260590

400 pages
Paperback
6-1/2 x 9-1/4 inches

Retail Price to Students: $94.99

A refreshingly current and accessible exploration of the effects of politics and culture on the nature of national economic systems

Description

The most current text of its kind, The Evolution of Economic Systems: Varieties of Capitalism in the Global Economy explores the effects of politics and culture on the nature of national economic systems. Author Barry Clark distills recent academic work in such areas as comparative political economy, varieties of capitalism, new and old institutional economics, new economic sociology, and social systems of production, presenting the material in a conversational manner that makes it accessible for undergraduate students.

Features

  • Provides the historical analysis of economic systems in twelve different countries
  • Takes an interdisciplinary approach, incorporating findings from multiple disciplines and sub-disciplines within social science
  • Covers four newly industrializing nations: Brazil, Iran, India, and South Korea
  • Introductory chapters orient students to economic systems and the history of market-centered and state-centered systems
  • The final chapter examines the effects of globalization on national economic systems

About the Author(s)

Barry Clark (PhD, U Mass, Amherst) is Professor Emeritus and former Chair of the Economics Department at the University of Wisconsin - La Crosse. He has taught at Ripon College, the University of Massachusetts-Amherst, Tufts, the Pennsylvania State University, the University of Wisconsin-La Crosse, and the University of Colorado-Boulder, where he currently offers a comparative economics course. He has written a text on Political Economy for Praeger and has published numerous articles on political economy. Clark's career focus, however, has been on teaching and making difficult ideas accessible to a broader group of students.

Reviews

"This book's broad-based approach is likely to appeal to students, cultivating their interest in the subject matter: every student should find something of interest."--Geoffrey E. Schneider, Bucknell University

"Clark's textbook is a breath of fresh air in comparative systems. It presents the essentials of the subject within a framework that is at once conceptually challenging, coherent, and interesting."--Aida Ramos, University of Dallas

Table of Contents

    PREFACE

    INTRODUCTION

    CHAPTER 1 UNDERSTANDING ECONOMIC SYSTEMS
    Three Dimensions of Economic Systems
    Determinants of Economic Systems
    Institutional Change and Economic Systems

    CHAPTER 2 ASSESSING ECONOMIC SYSTEMS
    Criteria for Assessing Economic Systems
    How Economic Systems Succeed
    How Economic Systems Fail

    CHAPTER 3 MARKET-CENTERED ECONOMIC SYSTEMS
    Markets before Capitalism
    Potential Strengths of the Market
    Potential Weaknesses of the Market
    Conclusion

    CHAPTER 4 STATE-CENTERED ECONOMIC SYSTEMS
    State-Centered Economic Systems in History
    Potential Strengths of the State
    Potential Weaknesses of the State
    Conclusion

    CHAPTER 5 COMMUNITY-CENTERED ECONOMIC SYSTEMS
    Community-Centered Economic Systems in History
    Potential Strengths of Community
    Potential Weaknesses of Community
    Conclusion

    CHAPTER 6 THE AMERICAN ECONOMIC SYSTEM
    Competitive Capitalism 1815-1896
    Organized Capitalism 1897-1932
    Regulated Capitalism 1933-1979
    Neoliberal Capitalism 1980-2008
    A New Direction?

    CHAPTER 7 THE BRITISH ECONOMIC SYSTEM
    Competitive Capitalism 1800-1932
    Welfare Capitalism 1933-1978
    Neoliberal Capitalism 1979-1996
    A New Direction?

    CHAPTER 8 THE FRENCH ECONOMIC SYSTEM
    State Capitalism 1815-1944
    Planned Capitalism 1945-1982
    Welfare Capitalism 1983-1995
    A New Direction?

    CHAPTER 9 THE GERMAN ECONOMIC SYSTEM
    State Capitalism 1871-1932
    German Fascism 1933-1945
    Organized Capitalism 1946-1998
    A New Direction?

    CHAPTER 10 THE SWEDISH ECONOMIC SYSTEM
    Organized Capitalism 1870-1931
    Welfare Capitalism 1932-1991
    A New Direction?

    CHAPTER 11 THE RUSSIAN ECONOMIC SYSTEM
    Pre-Communist Russia 1721-1916
    Soviet Communism 1917-1991
    State Capitalism 1992-present

    CHAPTER 12 THE CHINESE ECONOMIC SYSTEM
    Pre-Communist China 1644-1948
    Chinese Communism 1949-1978
    State Capitalism 1979-present

    CHAPTER 13 THE JAPANESE ECONOMIC SYSTEM
    Organized Capitalism 1868-1934
    Japanese Fascism 1935-1945
    Planned Capitalism 1946-1990
    A New Direction?

    CHAPTER 14 NEWLY INDUSTRIALIZING ECONOMIC SYSTEMS: Brazil, India, Iran, and South Korea
    Brazil
    India
    Iran
    South Korea

    CHAPTER 15 GLOBALIZATION AND ECONOMIC SYSTEMS
    The History of Globalization
    Potential Strengths of Globalization
    Potential Weaknesses of Globalization
    Conclusion

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