Is Capitalism Still Progressive?: A Historical Approach - Hardcover

by Cosimo Perrotta (Author)

The economic crisis of 2007/2008 has prompted much debate as to what caused it and what remedies may be implemented in order to regain a healthy economy. This book addresses these issues through the lens of capitalism with a focus on labour economics, arguing that capitalism, and the employment of young people and migrants, may be a suitable antidote to the ongoing political crises in Europe that are taking place as a result of the financial crisis.

Using economic history and the history of economic thought to inform debate, Is Capitalism Still Progressive?: A Historical Approach will be of interest to policy makers (especially in emerging countries), students and researchers interested in exploring the pros and cons, and persistence, of the capitalist system.

Back Jacket

"In his wide-ranging analysis of the history and perspectives of capitalism, Cosimo Perrotta displays at their best the pessimism of the intellect and the optimism of the will. Capitalism is a difficult beast, with many different varieties: a humane, civil capitalism requires complex strategies of intervention, and Perrotta's proposals deserve our full attention."

- Alessandro Roncaglia, Professor of Economics, University of Roma "La Sapienza"

The economic crisis of 2007/2008 has prompted much debate as to what caused it and what remedies may be implemented in order to regain a healthy economy. This book addresses these issues through the lens of capitalism with a focus on labour economics, arguing that capitalism, and the employment of young people and migrants, may be a suitable antidote to the ongoing political crises in Europe that are taking place as a result of the economic crisis.

Using economic history and the history of economic thought to inform debate, Is Capitalism Still Progressive?: A Historical Approach will be of interest to policy makers, students and researchers interested in exploring the pros and cons, and persistence, of the capitalist system.

Author Biography

Professor Cosimo Perrotta has been Council Chair of the European Society for the History of Economic Thought, published many articles in the main international journals of this discipline, among other monographs published Consumption as an Investment. The Fear of Goods from Hesiod to Adam Smith (2004) and Unproductive labour. History of an Idea (2018), Routledge.