Comparing Capitalisms for an Unknown Future (Elements in Reinventing Capitalism)

Redding, Gordon

ISBN 10: 1009303023 / ISBN 13: 9781009303026

Published by Cambridge University Press, 2023

About this Item

Seller Inventory # I-9781009303026

Bibliographic Details

• Title: Comparing Capitalisms for an Unknown Future (Elements in Reinventing Capitalism)
• Publisher: Cambridge University Press
• Publication Date: 2023
• Language: English
• ISBN 10: 1009303023
• ISBN 13: 9781009303026
• Binding: Soft cover
• Condition: New

About this title

Synopsis

Systems of capitalism are conceived as formed under certain broad logics that apply to all, but which then interpret those logics in distinct ways society by society, seen as the society's own processes. Such processes cluster into three categories: an inspiring context; a transformative capacity; and empowered action. The political role is that of balancing the influences across the total. Each inspirational influence adds a key contribution, as with benevolent empowering authority, and critical thinking. Transformative capacity is built by: innovativeness and cooperativeness; and stable decentralized authority flows from communicative action, spontaneous emergent ordering; and competitive productivity. Societal progress may be explained in terms of the integrated workings of these processes to yield an ethically legitimate structure for the prosperity-driven creating and distributing of wealth. Two main stereotypes are examined to compare their workings and their outcomes: the Western free market democratic, and the Chinese party-state driven.