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Metamorphoses of capitalism may be investigated following a dialogue between two theoretical approaches: long waves of capitalist development (Freeman & Louçã, 2001) and systemic cycles of accumulation (Arrighi, 1994). This dialogue organizes this paper. The first section associates the...
Persistent link: https://www.econbiz.de/10009275464
[Part I] The leading part of this volume focuses on the role of the state in capitalist society, beginning by showing the welfare state as an historical product of the class structure of English agrarian capitalism. The second chapter indicates how, in European colonies such as in Africa,...
Persistent link: https://www.econbiz.de/10011193724
Nobel Prize Douglass North´s ideas have developed for a long time, since the beginning of the seventies to the end of the nineties. As his historical analysis developed, North became convinced of the positive relationship between economic growth and liberties. This paper tries to demonstrate...
Persistent link: https://www.econbiz.de/10004988691
According to the contract theory of the state, individuals give up their freedom to a specialist in violence who then provides public goods, such as private property rights and collective defense. The predatory perspective views the state as expropriating what it can unless individuals develop...
Persistent link: https://www.econbiz.de/10012889446
States and markets have sometimes been viewed as competitors, but in the last decade, there has been increasing agreement that a capable state can play an important facilitating role in the process of economic development. A number of studies have explored the empirical connection between...
Persistent link: https://www.econbiz.de/10014122403