Thorstein Veblen

The Theory of the Leisure Class


In his first and best-known book, Veblen defines the social attitudes and values that condone the misuse of wealth and observes the variety of ways in which the resources of modern society are wasted. Chief among these is the practice of conspicuous ...


Robin Hahnel

Panic Rules!: Everything You Need to Know About the Global Economy


On this much, the financial analysts agree: global capitalism is in crisis. As Asian economies were thrown into turmoil in the late 1990s, even ber-capitalist George Soros could not ignore the flaws in the system. Yet a truly radical analysis of ...

John Bates Clark

The Distribution of Wealth: A Theory of Wages, Interest and Profits


John Bates Clark (1847-1938) made important contributions to the economic debate of his time. In The Distribution of Wealth: A Theory of Wages, Interest and Profits, he developed the "marginal productivity" concept and the "product exhaustion" ...

Michael Peter Smith, Joe R. Feagin

The Capitalist City: Global Restructuring and Community Politics


The world of modern capitalism is a global network both of corporations and of cities - 'world command cities' such as New York, London and Tokyo; 'specialized command cities' which concentrate on particular industries, such as Detroit; 'state ...


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