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Global Capitalism
A wonderful blend of “politics and economics, micro and macro, past and present in an accessible narrative” (The Washington Post), Global Capitalism presents an authoritative history of the twentieth-century global economy.Jeffry A. Frieden’s discussion of the financial crisis of 2008 explores its causes, the many warning signals for policymakers and its repercussions: a protracted recovery with accumulating levels of inequality and political turmoil in the European Union and the United States.Frieden also highlights China’s dramatic rise as the world’s largest manufacturer and trading nation, perhaps the most far-reaching development of the new millennium.Drawing parallels between the current period and the decades before the First World War, when the first era of global economic integration gave way to nationalist rivalry, Frieden’s history clearly shows that globalisation is neither inevitable nor irreversible but a political choice. • With a new chapter on the great financial crisis and the retreat from global integration.
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Comparative Capitalism : A Global Perspective
How do capitalist institutions vary across countries and regions?How is capitalist diversity related to political and social factors like inequality, representation, and political systems?How do capitalist institutions shape economic outcomes?Comparative Capitalism takes a global approach to capitalist diversity.It considers not only liberal and coordinated market economies in the Global North, but also other varieties, such as networked, hierarchical, dependent and statist market economies in other parts of the world.It examines new models, such as growth regimes and growth models, and key trends such as the growing significance of finance and the rise of populism in the 21st century.Case studies are drawn from both the Global North and South, including East Central Europe, East Asia, Latin America, and the BRICS economies to highlight both domestic institutions and the role of economic integration on a global scale. Including tables and overviews of key features of each model, Comparative Capitalism is essential reading for students of international and comparative political economy, international development, and business–government relations.
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Comparative Capitalism : A Global Perspective
How do capitalist institutions vary across countries and regions?How is capitalist diversity related to political and social factors like inequality, representation, and political systems?How do capitalist institutions shape economic outcomes?Comparative Capitalism takes a global approach to capitalist diversity.It considers not only liberal and coordinated market economies in the Global North, but also other varieties, such as networked, hierarchical, dependent and statist market economies in other parts of the world.It examines new models, such as growth regimes and growth models, and key trends such as the growing significance of finance and the rise of populism in the 21st century.Case studies are drawn from both the Global North and South, including East Central Europe, East Asia, Latin America, and the BRICS economies to highlight both domestic institutions and the role of economic integration on a global scale. Including tables and overviews of key features of each model, Comparative Capitalism is essential reading for students of international and comparative political economy, international development, and business–government relations.
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Global Capitalism, Culture, and Ethics
This book seeks to deepen the reader’s understanding of the complex ethical and social disputes that corporations and managers face in an increasingly globalized world.It reviews the history and nature of global capitalism along with the role of the multinational within the global economy.Special attention is paid to emerging and frontier markets where there is economic potential but also major challenges due to institutional voids. Globalization is a constantly evolving field. In addition to exploring basic economic concepts and ethical frameworks, this second edition takes into account many new developments across different industries, ranging from "Big Tech" to "Big Pharma." It reviews some of the controversies that have affected those industries including bribery, censorship, the politics of computer networking, sweatshops, divestment, and the intensifying crisis of climate change.The book now includes short case studies to help spur creative reflection.Also, the revised content is highlighted in two new chapters – "Bribery and Corruption" and "Emerging and Frontier Markets."The book is ideal for use as a textbook on globalization, and specifically for courses that want to introduce a social responsibility or ethical component at both undergraduate and postgraduate levels.
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What is better: Retail trade or wholesale and foreign trade?
The choice between retail trade and wholesale and foreign trade depends on various factors such as business goals, target market, and resources. Retail trade involves selling products directly to consumers, allowing for higher profit margins but requiring more marketing efforts. On the other hand, wholesale and foreign trade involve selling products in bulk to other businesses or overseas markets, offering lower profit margins but potentially higher sales volume. Ultimately, the better option would depend on the specific needs and objectives of the business.
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What is better: Retail trade or Wholesale and Foreign trade?
The answer to whether retail trade or wholesale and foreign trade is better depends on various factors such as the specific business goals, target market, and resources available. Retail trade involves selling products directly to consumers, allowing for higher profit margins but also requiring more marketing and customer service efforts. On the other hand, wholesale and foreign trade involve selling products in bulk to other businesses or overseas markets, offering the potential for larger sales volumes but with lower profit margins. Ultimately, the best choice would depend on the individual business's strengths, market opportunities, and long-term objectives.
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How does American capitalism differ from Russian capitalism?
American capitalism is characterized by a more free-market approach, with less government intervention in the economy compared to Russian capitalism. In the United States, there is a strong emphasis on private ownership, competition, and individual entrepreneurship. On the other hand, Russian capitalism has been influenced by its history of state control and government involvement in the economy, leading to a more centralized and oligarchic system. Additionally, the legal and regulatory frameworks in both countries differ, impacting the way businesses operate and compete in each respective market.
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What is the difference between online commerce and retail commerce?
Online commerce refers to the buying and selling of goods and services over the internet, while retail commerce refers to the traditional brick-and-mortar stores where customers can physically visit and make purchases. Online commerce offers the convenience of shopping from anywhere at any time, while retail commerce provides the opportunity for customers to see, touch, and try products before making a purchase. Online commerce often involves lower overhead costs and can reach a wider audience, while retail commerce provides a more personalized and immediate shopping experience.
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Can Democracy Survive Global Capitalism?
In the years surrounding the Second World War, a serendipitous confluence of events created a healthy balance between the market and the polity—between the engine of capitalism and the egalitarian ideals of democracy.Yet, from the 1970s on, a power shift occurred in which financial regulations were rolled back, taxes were cut, inequality worsened and disheartened voters turned to far-right, faux populism. Robert Kuttner lays out the events that led to the post-war miracle and charts its dissolution all the way to Trump, Brexit and the tenuous state of the EU.He asks whether today’s poisonous alliance of reckless finance and ultra-nationalism is inevitable, and whether democracy can find a way to survive.
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War, Global Capitalism and Resistance
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Global Civil War : Capitalism Post-Pandemic
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Trading Spaces : The Colonial Marketplace and the Foundations of American Capitalism
Looks at the shift from the marketplace as an actual place to a theoretical idea and how this shaped the early American economy. When we talk about the economy, “the market” is often just an abstraction.While the exchange of goods was historically tied to a particular place, capitalism has gradually eroded this connection to create our current global trading systems.In Trading Spaces, Emma Hart argues that Britain’s colonization of North America was a key moment in the market’s shift from place to idea, with major consequences for the character of the American economy. Hart’s book takes in the shops, auction sites, wharves, taverns, fairs, and homes of seventeenth- and eighteenth-century America—places where new mechanisms and conventions of trade arose as Europeans re-created or adapted continental methods to new surroundings.Since those earlier conventions tended to rely on regulation more than their colonial offspring did, what emerged in early America was a less-fettered brand of capitalism.By the nineteenth century, this had evolved into a market economy that would not look too foreign to contemporary Americans.To tell this complex transnational story of how our markets came to be, Hart looks back farther than most historians of US capitalism, rooting these markets in the norms of seventeenth- and eighteenth-century Britain.Perhaps most important, this is not a story of specific commodity markets over time but rather is a history of the trading spaces themselves: the physical sites in which the grubby work of commerce occurred and where the market itself was born.
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Capitalism or democracy?
Capitalism and democracy are two distinct systems that can coexist but are not interchangeable. Capitalism is an economic system based on private ownership and the pursuit of profit, while democracy is a political system based on the principles of equality, freedom, and participation. While capitalism can thrive in a democratic society, it can also lead to inequality and exploitation if not regulated properly. Ultimately, both systems have their strengths and weaknesses, and a balance between the two is necessary for a fair and just society.
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Will capitalism remain?
It is difficult to predict the future with certainty, but capitalism has proven to be a resilient economic system that has adapted to various challenges over time. While there may be calls for reform or changes to address issues such as income inequality or environmental sustainability, it is likely that capitalism will continue to be a dominant economic system in many parts of the world. However, it may evolve and incorporate new ideas and practices to address the changing needs and demands of society.
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What describes capitalism?
Capitalism is an economic system characterized by private ownership of the means of production, profit motive, competition, and market-based allocation of resources.
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When was capitalism?
Capitalism as an economic system began to emerge in the late Middle Ages and early modern period in Europe, but it became more prominent during the Industrial Revolution in the 18th and 19th centuries.
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