Capitalism: Its Origins and Evolution as a System of Governance (Record no. 546)

000 -LEADER
fixed length control field 02522nam a2200265Ia 4500
003 - CONTROL NUMBER IDENTIFIER
control field DE-boiza
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20191219102603.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 190909
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 978-1-461-41878-8
040 ## - CATALOGING SOURCE
Transcribing agency IZA
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Scott, Bruce R.
9 (RLIN) 1762
245 #0 - TITLE STATEMENT
Title Capitalism: Its Origins and Evolution as a System of Governance
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2011
Name of publisher, distributor, etc. Springer,
Place of publication, distribution, etc. Berlin et al.,
300 ## - PHYSICAL DESCRIPTION
Extent 672 pages
340 ## - PHYSICAL MEDIUM
Location within medium P1 13
520 ## - SUMMARY, ETC.
Summary, etc. Two systems of governance, capitalism and democracy, prevail in the world today. Operating in partly overlapping domains, these systems influence and transform each other, but the nature of this interaction is often misunderstood -- largely because capitalism has not been recognized as a system of governance. Rejecting the simple definition "capitalism = actions of firms in markets," Harvard's Bruce R. Scott offers instead a conception of capitalism as a three-level system akin to organized sports, in which games (markets) are conducted according to rules administered by referees (regulators), which in turn are shaped and directed by sports' governing bodies (political authorities). Tracing the evolution of capitalism from a variety of perspectives, Scott shows how governance has always been key to the system. Historically, capitalism was not a natural outgrowth of trade; it could not have emerged without political authorization for the creation of markets for land, labor, and capital. Urgently needing funds for military defense, regimes ceded some power to a new class of economic actors, spelling out their rights and responsibilities with corporate charters. The United States Constitution was anomalous in reserving to individual states the power to grant such charters, with the result that states compete to offer firms the least regulation. The Constitution also gave exceptional powers to the Supreme Court, which has interpreted the Constitution as mandating laissez-faire policies. It is impossible to adequately understand capitalism without understanding the role played by governance. This book challenges the notion of a "universal" model of capitalism, particularly one based on the US system, and illuminates the broader frameworks upon which markets depend.
648 ## - SUBJECT ADDED ENTRY--CHRONOLOGICAL TERM
Chronological term history 1400 - 1820
9 (RLIN) 5802
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element capitalism
9 (RLIN) 1377
Topical term or geographic name entry element development economics
9 (RLIN) 179
Topical term or geographic name entry element economic history
9 (RLIN) 1187
Topical term or geographic name entry element democracy
9 (RLIN) 1062
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Europe
9 (RLIN) 20
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://www.springer.com/gp/book/9781461418788">https://www.springer.com/gp/book/9781461418788</a>
Link text Publisher's website
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Monography
Source of classification or shelving scheme
Holdings
Withdrawn status Lost status Damaged status Not for loan Permanent Location Current Location Date acquired Full call number Barcode Date last seen Price effective from Koha item type
        Library Library 2019-09-12 P1 13 128261 2019-09-12 2019-09-12 Monography
Deutsche Post Stiftung
 
Istitute of Labor Economics
 
Institute for Environment & Sustainability
 

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