The Making of Economic Society (10th Edition) - Softcover

Heilbroner, Robert L.; Milberg, William

Softcover

ISBN 10: 0138747369 ISBN 13: 9780138747367

Publisher: Pearson College Div, 1997

Synopsis

With its roots in history and eyes on the future, this book gives readers a balanced perspective of why our economic society is the way it is and where it may be headed by tracing its development from the Middles Ages to the present. Showing that today's economic problems cannot be understood unless we have an understanding of how they first arose, it explores the catalytic role past economic trends and dynamics have played in creating the present challenges we face, and offers suggestions on how we may deal with them most effectively.

Focuses on problems and challenges of capitalism after the Golden Age (1945-1973), examining why the age came to an end and how globalization and income inequalities have changed the nature of capitalism. Considers the prospects of capitalism, outlines the essential features of a capitalist system, and stresses that capitalism can take many forms. Explores the concept of institutions, paying particular attention to the relation between states and markets, and workers and employers.

About this title

From the Publisher

This volume surveys the development of the market society and its problems from antiquity to the present. Readers will get a familiarity with the history of our economic society and a sense of how our dominant institutions came into being in the first place. They will see the institutions, and the problems they create, as part of the ongoing process of our economic life.

Review

"On the whole, The Making of Economic Society in my view is the single best, short one-volume introduction to Western economic history in print. The chapters set out issues, problems, and various economic and social paradigms clearly. The language is graceful and always accessible to the general, nonspecialist reader. I am especially appreciative of its solid historical underpinnings and strong thematic format." — Jay P. Corrin, Boston University

"The strength of the text continues to be those things that make it a classic—Heilbroner's compelling grasp of the development of the world and its formative institutions, and his ability to present that story literally from the dawn of time into the millennium within barely 200 pages." — Susan Eisner, Ramapo College of New Jersey

"I first read the second edition of this book in a class at the University of Iceland and always liked it. When I started teaching Sociology of Business in 1994, I immediately adopted this text as my main text in the class." — Gunnar Valgeirsson, California State University, Fresno

Edition details

• Publisher: Pearson College Div
• Publication date: 1997
• ISBN 10: 0138747369
• ISBN 13: 9780138747367
• Binding: Paperback
• Language: English
• Number of pages: 208