Is Capitalism Working? is a deeply relevant question today, especially to a generation coming of age in a world still experiencing aftershocks from the near-meltdown of the world economy in 2008. Economic theory can be complex, but Jacob Field’s well-structured and thought-provoking text lays out the debate in a clear, accessible, and engaging way. Augmenting Field’s text are shrewdly selected illustrations that help readers grasp the basic tenets, history, and context of capitalism.Field lays out this entry in the “Big Idea” series in four distinct sections: “How Capitalism Evolved,” which provides a brief history of capitalism and theories such as utilitarianism and Marxism; “How Modern Capitalism Works,” which explores the successes of capitalism as a national and international economic model; “Capitalism in Crisis,” which lays out the failures and arguments against capitalism; and “Adapting the Capitalist Model,” which scrutinizes successful alternatives to capitalism. Ultimately, Is Capitalism Working? allows readers to draw their own conclusions, providing a helpful primer on capitalism and a framework for understanding the challenging question of its effectiveness.
This engaging andaccessible volume inthe “Big Idea” serieslays out the history ofcapitalism, exploring itssuccesses and failures.
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'A kind of choose-your-own-adventure using fonts: paragraphs are set in type of differing sizes depending on their importance' - The Bookseller
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Part of Thames & Hudsons innovative new Big Idea series, this incisive discussion of capitalism breaks down the key concepts and theories at the heart of this contentious topic
| Introduction |
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6 | (10) |
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16 | (34) |
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2 How Modern Capitalism Works |
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50 | (24) |
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74 | (26) |
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4 Adapting the Capitalist Model |
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100 | (26) |
| Conclusion |
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126 | (10) |
| Further Reading |
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136 | (2) |
| Picture Credits |
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138 | (2) |
| Index |
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140 | (4) |
| Acknowledgments |
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144 | |
Jacob Field, a research associate at the University of Cambridge, is the author of four history books, most recently London, Londoners, and the Great Fire of 1666. Matthew Taylor is Chief Executive of the NHS Confederation. Prior to that he was for 15 years Chief Executive of the RSA, a 250-year-old British institution devoted to enriching society through ideas and action to deliver a 21st-century enlightenment. A writer, public speaker and broadcaster, he has written numerous articles on policy, politics, public service reform and cultural theory, and frequently appears on Newsnight, The Daily Politics, and Radio 4s Today and The Moral Maze. He was previously General Secretary and Chief Executive of the Institute for Public Policy Research, Britains leading think tank.
