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Capitalism

About: Capitalism is a research topic. Over the lifetime, 27714 publications have been published within this topic receiving 858042 citations.


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Journal ArticleDOI
TL;DR: In the early 1900s, Hilferding's Das Finanzkapital as discussed by the authors was published as an additional volume of Capital and its impact across the political spectrum of his contemporaries was striking.
Abstract: At the outset the person on the Clapham omnibus could be forgiven for questioning the contemporary relevance of a volume of economic analysis whose main outline was completed in the early 1900s by a practising doctor at the age of 28 . An initial attitude of scepticism could easily be transformed into one of complete dismissal if one were to take at face value Lenin's characterisation of the same doctor as `ex-"Marxist", and now a comrade-in-arms of Kautsky and one of the chief exponents of bourgeois, reformist policy in the Independent Social Democratic Party of Germany" . Yet when Hilferding's project was published in German as Das Finanzkapital in 1910 its impact across the political spectrum of his contemporaries was striking. Not surprisingly political `allies' such as Kautsky and Bauer hailed Das Finanzkapital as an additional volume of Capital. But the work of political adversaries such as Bukharin's (1918) study of imperialism also owes a large intellectual debt to Hilferding . And, paradoxically, Lenin's (1917) classic, Imperialism, The Highest Stage of Capitalism is Hilferding's biggest debtor . A resolution of this paradox is suggested in the next section .

184 citations

Book
26 Oct 2001
TL;DR: In this article, the authors explore various aspects of the relationships between welfare states, industrial relations, financial government and production systems, and the current welfare reform process in competitive market economies.
Abstract: This book challenges the popular thesis of a downward trend in the viability of welfare states in competitive market economies. With approaches ranging from historical case studies to cross-national analyses, the contributors explore various aspects of the relationships between welfare states, industrial relations, financial government and production systems. Building upon and combining comparative studies of both the varieties of capitalism and the worlds of welfare state regimes, the book considers issues such as the role of employers and unions in social policy, the interdependencies between financial markets and pension systems, and the current welfare reform process. Comparing Welfare Capitalism sheds new light on the tenuous relationship between social policies and market economies.

184 citations

Journal ArticleDOI
TL;DR: In this paper, the authors contrast the logic underlining the production of "commons" with the logic of capitalist relations, and describe the conditions under which 'commons' become the seeds of a society beyond state and market.
Abstract: This essay contrasts the logic underlining the production of 'commons' with the logic of capitalist relations, and describes the conditions under which 'commons' become the seeds of a society beyond state and market. It also warns against the danger that 'commons' may be co- opted to provide low-cost forms of reproduction, and discusses how this outcome can be prevented.

184 citations

Book
01 Jan 2009
TL;DR: Streeck, the most brilliant analyst of the contemporary German political economy, has produced an indispens able work as mentioned in this paper, which is three books in one a discerning account of recent changes in the German economic model, a wide-ranging critique of institutionalist analysis, and a powerful interpretation of how capital ism works.
Abstract: Thirty years after the initiatives of Ronald Reagan and Margaret Thatcher signaled the beginning of a neo-liberal era that would usher in widespread enthusiasm for competitive markets, the world is experiencing a global recession precipitated by financial crises rooted in the excesses of unbridled competition. As a result, the neo liberal era is at an inflection point, if not a close. Many people are reconsidering what markets can deliver and looking again to states for more assertive efforts to regulate and distribute resources. After several decades of irrational exuberance about what markets could accomplish, scholars are looking at capitalism with more sober eyes. In this context, Wolfgang Streeck, the most brilliant analyst of the contemporary German political economy, has produced an indispens able work. It is three books in one a discerning account of recent changes in the German economic model, a wide-ranging critique of institutionalist analysis, and a powerful interpretation of how capital ism works. Written from a profoundly sociological perspective, it offers a corrective to rationalist analyses that will be of interest, not only to scholars of Germany, but to anyone trying to understand institutional change in capitalist economies. Drawing on research carried out under his direction at the Max Planck Institute for the Study of Societies in Cologne, Streeck charts the unraveling over the past twenty years of the "organized capitalism" that once underpinned Modell Deutschland. Five short, sharp chapters trace developments in collective bargaining, intermediary organiza tions, corporate governance, social policy and public finance. In the decade after 1992, net trade union membership in Germany fell from 30 percent of the workforce to about 20 percent. The average tenure of chief executive officers dropped from ten years to eight and a half and, in the largest fifty firms, barely 9 percent of CEOs now have profes sional experience in the public sector, compared with 25 percent in 1990. From an Anglo-American perspective, many aspects of economic relations in Germany still seem relatively "organized". Although only 57 percent of employees were covered by an industry-wide collective agreement in 2006, down from 72 percent in 1995, those figures are still high by international standards, and the wave of hostile takeovers

184 citations

Journal ArticleDOI
TL;DR: In this article tourism is viewed as an extension of the commodification of modern social life under capitalism, and it involves commodity production and exchange, the mass manipulation of commodity sign, standardization of products, tastes, and experiences.

184 citations


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Performance
Metrics
No. of papers in the topic in previous years
YearPapers
20241
20231,685
20223,695
2021801
2020934
20191,091