The invisible hand? : how market economies have emerged and declined since AD 500
Bas van Bavel offers a panoramic view of over 1000 years of history to understand why market economies are fundamentally incompatible with long-run prosperity, equity, and broad participation in decision-making. He also connects with current debates on the future of capitalism and the causes and eff...
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| Format: | E-Book |
| Sprache: | English |
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Oxford New York, NY : Oxford University Press,
2016
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| Ausgabe: | First edition |
| Schlagworte: | Capitalism--History Electronic books |
| Umfang: | 1 online resource (343 pages) |
| Zusammenfassung: | Bas van Bavel offers a panoramic view of over 1000 years of history to understand why market economies are fundamentally incompatible with long-run prosperity, equity, and broad participation in decision-making. He also connects with current debates on the future of capitalism and the causes and effects of inequality. 1: Introduction: Markets in Economics and History -- 1.1. Markets, their historiography, and some major assumptions -- Some Assumptions and Received Wisdom -- 1.2. On the modernity of markets: the verdict of recent historical research -- Recent Studies on the Rise of Factor Markets -- Recent Historical Literature on the Relation between Markets, Wealth, and Freedom -- 1.3. A new approach to markets: this book -- Elements Investigated in the Book -- 1.4. Cases of market economies -- Possible Cases of Market Economies -- The Cases Investigated in this Book -- 2: Markets in an Early Medieval Empire Iraq, 500-1100 -- 2.1. The rough contours of economic development -- 2.2. Social revolts and the growth of factor markets from the fifth to the mid-eighth century -- Social Revolts and Societal Balance -- Land and Lease Markets -- Labourers and Labour Markets -- Credit and Financial Markets -- 2.3. Dynamic factor markets and growing social inequality from the late eighth to the tenth century -- Accumulation and Effects in Land and Lease Markets -- Free Labourers and Growing Number of Slaves -- 2.4. Long-run effects on economy, politics, and society from the ninth to the eleventh century -- The Chronology of Economic Decline -- Causes of the Economic Decline -- 3: Markets in Medieval City-States: The Centre and North of Italy, 1000-1500 -- 3.1. The emergence of factor markets in the eleventh to thirteenth century -- A Context of Relative Equity -- The Early Rise of Land and Lease Markets -- The Early Rise of Labour and Financial Markets -- 3.2. Organization, context, and effects of dynamic factor markets, early fourteenth to mid-fifteenth century -- The Mezzadria System. |
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| Beschreibung: | Description based on publisher supplied metadata and other sources |
| Beschreibung: | 1 online resource (343 pages) |
| ISBN: | 9780191017674 0191017671 9780199608133 019960813X 9780198820451 0198820453 |