Property and Prophets: The Evolution of Economic Institutions and Ideologies

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9780060430375: Property and Prophets: The Evolution of Economic Institutions and Ideologies

Property and Prophets is a concise history of the rise and subsequent triumph of capitalism. Focused primarily on England until 1800 and the United States since 1800, the book's economic history is interspersed with the "history of ideas" that evolved along with the capitalist system. The ideas are divided between those that tended to furnish an ideological rationale for capitalism and those that tended to be critical of it. The final section discusses contemporary capitalism and the ideas of its defenders and critics. As Robert Pollin writes in the foreword to the updated edition, "Property and Prophets tells...how struggles against unjust social orders have emerged in history and how, over time, the core ideas of these struggles get imparted into the writings of economists. Property and Prophets will thus continue as a beacon for a new generation of students interested in both interpreting and changing the world."

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This introduction to the history of economic thought combines a discussion of the evolution of the most important institutions of capitalism, including analyses of ideological defences and radical critiques. This history shows the situations and interest groups that gave rise to classical economics, socialist theory, Marxian economics, Neoclassical economics, Veblenian economics, and Keynesian economics. Hunt interweaves economic and intellectual history while exploring the evolution of capitalism. This edition has been updated to feature new appendices as well as revised material on the demise of the Communist countries and the diminution of intensity of the Cold War.

Product Description:

"Property and Prophets" is a concise history of the rise and subsequent triumph of capitalism. Focused primarily on England until 1800 and the United States since 1800, the book's economic history is interspersed with the history of ideas that evolved along with the capitalist system.

"About this title" may belong to another edition of this title.

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Hunt, E. K.
Published by Longman Higher Education (1986)
ISBN 10: 0060430370 ISBN 13: 9780060430375
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Hunt, E. K.
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