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Public Debt: My Dissent from “Keynesian” Theories
When a governmental crisis subsides, citizens are apt to wonder whether all the deficit spending is going to cost something. This situation is the subject of wildly differing views. Which view appears to be most nearly right?
Edmund Phelps
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Is Social Capital Really Capital? [PDF]
Social capital defined as sympathy has capital-like properties including transformaton capacity, durability, flexibility, opportunities for decay (maintenance), reliability, ability to create other capital forms and investment (disinvestment) opportunities.
Robison, Lindon J. +2 more
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We highlight the salient characteristics and implications of the seminal contributions in the field of vintage capital growth theory (proposed entry for the new Palgrave dictionary of economics, 2nd edition).
Raouf, BOUCEKKINE +2 more
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Will capitalism die? Reflections on the Capitalism of the Past, Present and Future
In the article, the authors pose and consider in detail the extremely topical question of whether capitalism has a future or will it be replaced by some new system. And if there is a future, then what kind of future is it?
Leonid E. Grinin +3 more
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Capitalism and justification [PDF]
Weber's thesis that the spirit of capitalism was preexistent to the rise of capitalism itself inspired many sociologist to search for the cultural background of contemporary forms of capitalism.
Birešev Ana
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Co-existence of Democracy and Capitalism: A Reflection of Reciprocity or Ideology?
There are two types of premises discussing the relationship between democracy and capitalism. First, capitalism and democracy are interrelated since both ideologies protect the liberal concept of private property and the freedom of individuals.
Tareq Hossain Khan
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This paper surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic outcomes. While our focus is primarily on the place of social
Steven N. Durlauf, Marcel Fafchamps
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The 2008 great financial crisis brought the question of the cyclical development of capitalism back to the center of political economy. To understand the nature of post-crisis capitalism, it is inevitable to evaluate the literature on the temporal phases
Tamás T. Csontos
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Asian Varieties of Service Capitalism? [PDF]
There is currently only limited empirical research and theoretical conceptualisation of the role of knowledge-intensive business services (KIBS) in the economies of Asia within economic geography or elsewhere in the wider social scientific literature ...
Jones, A., Strom, P.
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Domestic Outsourcing, Rent Seeking, and Increasing Inequality [PDF]
An increasing share of the economy is organized around financial capitalism, where, in contrast to the past, capital market actors actively assert and manage their claims on wealth creation and distribution.
Eileen Appelbaum
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