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Contemporary Capitalism: The Embeddedness of Institutions

Contemporary Capitalism: The Embeddedness of Institutions

Paperback

Series: Cambridge Studies in Comparative Politics

Business GeneralEconomicsGeneral Political Science

ISBN10: 0521658063
ISBN13: 9780521658065
Publisher: Cambridge University Press
Published: Feb 28 1999
Pages: 512
Weight: 1.54
Height: 1.41 Width: 6.07 Depth: 9.00
Language: English
This book argues that there is no single best institutional arrangement for organizing modern societies. Therefore, the market should not be considered the ideal and universal arrangement for coordinating economic activity. Instead, the editors argue, the economic institutions of capitalism exhibit a large variety of objectives and tools that complement each other and can not work in isolation. The various chapters of the book ask what logics and functions institutions follow and why they emerge, mature and persist in the forms they do.

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Economics