Geoffrey M. Hodgson
- Published in print:
- 2015
- Published Online:
- January 2016
- ISBN:
- 9780226168005
- eISBN:
- 9780226168142
- Item type:
- chapter
- Publisher:
- University of Chicago Press
- DOI:
- 10.7208/chicago/9780226168142.003.0017
- Subject:
- Economics and Finance, Economic Systems
The introduction outlines the aims of the book and the perspective adopted. The importance of adequate definitions of key terms is stressed. This vital task of conceptual precision has been ...
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The introduction outlines the aims of the book and the perspective adopted. The importance of adequate definitions of key terms is stressed. This vital task of conceptual precision has been downgraded and the meaning of several key terms has been corrupted. Important theorists of capitalism, including Karl Marx, Max Weber, Joseph A. Schumpeter, John Maynard Keynes, and Friedrich A. Hayek, are discussed. The adopted theoretical approach of legal institutionalism is outlined. There is also a short overview of the literature on the origins of capitalism. The definition of capitalism developed in the book is cited. Finally the structure and content of the book are outlined.Less
The introduction outlines the aims of the book and the perspective adopted. The importance of adequate definitions of key terms is stressed. This vital task of conceptual precision has been downgraded and the meaning of several key terms has been corrupted. Important theorists of capitalism, including Karl Marx, Max Weber, Joseph A. Schumpeter, John Maynard Keynes, and Friedrich A. Hayek, are discussed. The adopted theoretical approach of legal institutionalism is outlined. There is also a short overview of the literature on the origins of capitalism. The definition of capitalism developed in the book is cited. Finally the structure and content of the book are outlined.
