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Published: 25 June 2015

160 Pages | Approx 15 black and white illustrations


ISBN: 9780198726074

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Capitalism: A Very Short Introduction

Second Edition

James Fulcher

Very Short Introductions

  • Provides a detailed answer to the question 'what is capitalism?'
  • Brings together sociological and historical approaches to the study of capitalism, drawing on material from a wide range of historical and contemporary societies
  • Looks at the origins and developments of capitalism and the various forms it takes worldwide
  • Analyses historical cases of crisis within capitalism
  • Discusses the global financial crisis of 2007-8 and its on-going effects
  • Highlights the problems of financial capitalism by identifying two crisis mechanisms - overproduction/underconsumption and financial crisis of credit expansion and contraction
  • Explores the deflationary consequences of quantitative easing (QE), the contraction of credit, and the role of China in the global economy
  • Includes an updated further reading section