Understanding Capitalism: Competition, Command and Change in the United States Economy [Paperback]

Samuel Bowles (Author), Richard Edwards (Author)

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Product details

Paperback: 500 pages
Publisher: Longman; 2nd Revised edition edition (15 April 1992)
Language English
ISBN-10: 0065006453
ISBN-13: 978-0065006452
Product Dimensions: 23.1 x 18.5 x 2 cm
Amazon Bestsellers Rank: 2,839,301 in Books (See Top 100 in Books)

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Product Description

For use as a core text or as a supplement to principles of economics courses, this text develops an integrated theory of advanced capitalist economy based on an economic model of production and distribution. This theoretical analysis focuses on the profit rate, on how it is determined in goods markets, labour markets and by government policy, and how it in turn affects the economy. The text follows an inter-disciplinary approach and focuses on the main institutions and their historical evolution. This book is not a model of economic structure but about the real world economy - with students confronting genuine issues such as competition and conflict among nations, classes and races.

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