Full Description
The economic crisis of 2007/2008 has prompted much debate as to what caused it and what remedies may be implemented in order to regain a healthy economy. This book addresses these issues through the lens of capitalism with a focus on labour economics, arguing that capitalism, and the employment of young people and migrants, may be a suitable antidote to the ongoing political crises in Europe that are taking place as a result of the financial crisis.
Using economic history and the history of economic thought to inform debate, Is Capitalism Still Progressive?: A Historical Approach will be of interest to policy makers (especially in emerging countries), students and researchers interested in exploring the pros and cons, and persistence, of the capitalist system.
Contents
1: Capitalism creates progress.-2:The dark side of capitalism and its myths.-3:Capitalistic accumulation.-4:Plundering the world.-5: The welfare state and its crisis.-6: broken promises.- 7: The new challenges.-8: Labour-based development.- 9: Conclusions: Beyond the borders.
