Evolutions of Capitalism: Historical Perspectives, 1200–2000

Front Cover
Evolutions of Capitalism: Historical Perspectives: 1200–2000
Copyright information
Table of contents
List of Figures and Tables
Notes on Contributors
Acknowledgments
1 Introduction
	Definition of capitalism
	Five functions relevant to capitalism
	Key dates for entrepreneurship
	Key dates for finance
	Key dates for management
	Key dates for workers
	Key dates for political leaders
	Summary of chronological change
	References
2 The Market as an Institution: Theory and History
	Introduction
		Evolution of the market
		Definition of a market
		Plan of the chapter
	Key concepts in the analysis of markets
		Private property
		Alienability
		Incentives to trade
		Money
		Comparison
		Co-location of transactions
		Trust
		Intermediation
		Markets and innovation
	Economic theory of markets
		Analysis of market behaviour
		Typology of market processes
		Retailing and local market competition
		A social network approach to retail markets
	Locations of towns
		Roles of towns: historical evidence
		The urban marketplace: topography
	Policy intervention: regulation of the market
		Objectives
		Origins of regulation
		Regulation of wholesale trade: role of civic customs
		Quality control
	Conclusions
	References
3 Regulating Capitalism
	The scholastic heritage and beyond
	Transitions towards capitalism: case study of late medieval Germany and the Reformation, 1470s–1530s
	Monetary regulation
	Industrial policy
	Notes
	References
4 Capitalism and State Ownership Models
	Introduction
	Literature review
	Sweden: historical background for ownership model
	Norway: historical background for state ownership
		Norway falling behind after 1870
		State ownership after the Second World War
		Liberalization and embracing of the Hydro model
	Comparing ownership models of Norway and Sweden
		Collaboration between business and Social Democrats
		National ownership and control
		Active ownership
		Monitoring and free-riding
		The present standing of the ownership model
	Conclusions
	Notes
	References
5 Comparative and Connected Global Capitalism(s)
	Introduction
	Capitalism(s) before divergence
	Capitalism(s) and the institutions of global trade
	Whose capitalism?
	Conclusion
	References
6 Capitalism, Imperialism and the Emergence of an Industrialized Global Economy
	Introduction
	Some (stylized) theory and history
	The concentration and centralization of capital, backwardness, stage theory and capitalist modernization
	State capitalism, imperialism and late industrialization
	The rise of the rest: late industrial capitalism in Asia
	Cosy capitalism or crony capitalism?
	Re-evaluating the dynamics of imperialism-industrialism: a perspective (largely) from Latin America: the imperialism of free trade, structuralism and dependency
	Conclusion
	References
7 Religion and Capitalism
	Introduction
	Global and firm level interactions between religion and capitalism
		The role of religion in the great divide between East and West
		The role of religion in the development of corporate social responsibility
		Religion as an instrument of capitalist social control
		Religion-based ethics eroded by capitalist structures and motives
		Skills and money from business in support of religious organizations
	Crucial interactions in the West between religion and capitalism
		Religion and the rise of capitalism
		The role of Nonconformists in Britain’s pioneering Industrial Revolution of the 18th–19th centuries
		Slavery
	Conclusion
	References
8 Capitalism and the Environment
	Introduction
	Capitalism and the problem of environmental externalities
	Alternative green capitalisms
	Corporate environmentalism
	Conclusion
	References
9 Capitalism and Income Inequality
	Introduction
	National
	National level: causes of inequalities
	Regional
		Regional performance in Europe, 1900–2010
		Regional performance in the UK
	Regional level: causes of inequalities
	Individual
		Income from labour
		Income from investment
		Wealth: self-made
		Wealth: inheritance
	Individual level: causes of inequalities
	Conclusion
	References
10 Conclusion
	Entrepreneurship
	Finance
	Management
	Workers
	Political leaders
	Geographical dimensions
	Values and beliefs
	Future research
	References
Index
Back Cover