Weber, Schumpeter and modern capitalism : towards a general theory / John Love.

"This book provides the groundwork for a general theory of modern capitalism by reinterpreting Max Weber's work on the origins and institutional underpinnings of modern capitalism, and Joseph Schumpeter's thought on the mechanisms and functioning of the capitalist economy. Focusing on...

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Bibliographic Details
Online Access: Full Text (via Taylor & Francis)
Main Author: Love, John (Author)
Format: eBook
Language:English
Published: London : Routledge, Taylor & Francis Group, 2017.
Edition:First edition.
Series:Routledge studies in social and political thought ; 122.
Subjects:

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245 1 0 |a Weber, Schumpeter and modern capitalism :  |b towards a general theory /  |c John Love. 
250 |a First edition. 
264 1 |a London :  |b Routledge, Taylor & Francis Group,  |c 2017. 
264 4 |c ©2017. 
300 |a 1 online resource (249 pages) 
336 |a text  |b txt  |2 rdacontent. 
337 |a computer  |b c  |2 rdamedia. 
338 |a online resource  |b cr  |2 rdacarrier. 
490 1 |a Routledge studies in social and political thought ;  |v 122. 
504 |a Includes bibliographical references and index. 
505 0 |a Cover; Title; Copyright; Dedication; Contents; Preface; List of Abbreviations; Introduction; The spectre of Marx; The rationale of the present work; Recent scholarship on Weber and Schumpeter; The relationship of Weber to Schumpeter; Weber as an economist; Affinities between Weber and Schumpeter; The synthetic combination of Weber with Schumpeter; 1 Weber's account of the origins of modern capitalism; Weber's writings on capitalism; Weber's approach to the theory of modern capitalism; Issues in the interpretation of Weber's work; Wolfgang Schluchter's interpretation of Weber's oeuvre. 
505 8 |a Peter Ghosh's analysis of the pivotal role of The Protestant EthicIdealist versus materialist approaches; Weber's earliest explorations of the origins of modern capitalism; The role of the Protestant ethic; Weber's final account of the rise of modern capitalism; The commercialization of economic life; The role of the city; The immediate preconditions of modern capitalism; The advent of the factory; The role of the state; The legal preconditions of modern capitalism; Weber's final statement on the role of Protestant ethic; 2 Weber's later account of modern capitalism; Marginal utility theory. 
505 8 |a The theory of modern capitalism in Economy and SocietyFormal and substantive rationality; The concept of economic action; The rationality of monetary calculation and capital accounting; Economic exchange; The concept of capitalistic profit-making; The concept of the enterprise; Expropriation of the workers from the means of production; Business bureaucracy; The possibility of socialism; The capital market; The concept of economic order; The dependence of modern capitalism on the state; The significance of rational law; The role of corporations law; The ideal type of rational capitalism. 
505 8 |a The tendency to monopolyThe ethical character of the market under capitalism; The 1919 "Author's Introduction"; 3 Schumpeter's theory of capitalist development; Introduction to the work of Schumpeter; Schumpeter's appreciation of Walras; The "circular flow" and the basic elements of economic activity; The fundamental sources of wealth creation; Imputation and the theory of value; The concept of equilibrium; Exchange value and money; The causes of "development"; Capitalists, banks and the creation of credit; The function of the entrepreneur. 
505 8 |a 4 Schumpeter's account of the long-term trend of capitalismIntroduction to Schumpeter's Business Cycles; Equilibrium and the theoretical norm; The causes of economic fluctuations; Innovation and economic evolution; Entrepreneurial profit; The function of credit and banking; The effects of disequilibrium; How business cycles begin; Schumpeter's critique of cultural theories of the advent of capitalism; The theory of waves and cycles; The first Kondratieff; Criticism of Schumpeter's theory of business cycles; Capitalism, Socialism and Democracy; Monopoly competition. 
520 2 |a "This book provides the groundwork for a general theory of modern capitalism by reinterpreting Max Weber's work on the origins and institutional underpinnings of modern capitalism, and Joseph Schumpeter's thought on the mechanisms and functioning of the capitalist economy. Focusing on the lesser-known works of both figures, particularly in the case of Weber, whose writings on economics and economic history are frequently overlooked, the author contends that a combination of Schumpeter's and Weber's theoretical schemas, incorporating their many valuable insights, provides the basis of a unified, overall theory of modern capitalism that is comprehensive, coherent and persuasive. With attention to the important theoretical connections between Weber and Schumpeter and the respective contributions of both with regard to the nature and workings of capitalism, the author explores the compatibility of the two approaches, arguing that the full significance of the contributions of the two writers has not been adequately appreciated. A systematic and sympathetic comparison and synthesis of the contributions of two of the central figures in social and economic theory, which highlights the enduring relevance of their work in times of political and economic crisis, Weber, Schumpeter and Modern Capitalism will appeal to scholars across the social sciences with interests in social and economic theory, classical sociology and economic history."--Provided by publisher. 
588 0 |a Print version record. 
600 1 0 |a Weber, Max,  |d 1864-1920.  |0 http://id.loc.gov/authorities/names/n79043351  |1 http://isni.org/isni/000000012145101X. 
600 1 0 |a Schumpeter, Joseph A.,  |d 1883-1950.  |0 http://id.loc.gov/authorities/names/n50003171  |1 http://isni.org/isni/0000000121363669. 
650 0 |a Capitalism.  |0 http://id.loc.gov/authorities/subjects/sh85019958. 
600 1 7 |a Schumpeter, Joseph A.,  |d 1883-1950.  |2 fast  |0 (OCoLC)fst01802638. 
600 1 7 |a Weber, Max,  |d 1864-1920.  |2 fast  |0 (OCoLC)fst00034097. 
650 7 |a Capitalism.  |2 fast  |0 (OCoLC)fst00846425. 
776 0 8 |i Print version :  |z 9781138242388. 
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830 0 |a Routledge studies in social and political thought ;  |v 122.  |0 http://id.loc.gov/authorities/names/n96005040. 
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