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By Douglas Dowd

‘Addresses essentially the most the most important questions of the present period. ... Dowd brings bold traits to this not easy activity. a magnificent achievement.’ Noam Chomsky

‘This is a piece of enlightenment that might be intelligible to scholars and non-economists.’ Edward S. Herman

This vintage e-book is a perfect advent to monetary inspiration and the dominance of capitalism, perfect for college kids of monetary thought and heritage. Now completely revised and up-to-date, this new version encompasses a new preface and an extra bankruptcy via the author.

Analysing the connection among fiscal notion and capitalism from 1750 to the current, Douglas Dowd examines the dynamic interplay of 2 procedures: the old realities of capitalism and the evolution of monetary concept. He demonstrates that the learn of economics celebrates capitalism in ways in which make it essential to classify financial technological know-how as natural ideology. A completely glossy historical past, this ebook exhibits how economics has develop into ideology. a thorough critic of capitalism, Dowd surveys its unsafe impression around the globe and all through background.

The booklet contains biographical sketches and short analyses of the foremost proponents and critics of capitalism all through background, together with Adam Smith, Thomas Malthus, Jeremy Bentham, John Stuart Mill, Karl Marx, Thorstein Veblen, Rosa Luxemburg, John Maynard Keynes, Paul Samuelson, Milton Friedman, and Eric Hobsbawm.

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