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Economics for Everyone: A Short Guide to the Economics of Capitalism

Economics for Everyone: A Short Guide to the Economics of Capitalism

Authors
Publisher Pluto Press
Year 20/06/2015
Pages 432
Version paperback
Readership level Professional and scholarly
Language English
ISBN 9780745335773
Categories Economic systems & structures
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117.60 PLN / €25.21 / £21.89
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Book description

Economics is too important to be left to the economists. This book provides the information you need to understand how capitalism works (and how it doesn't).



Through clear bite-sized chapters interspersed with illuminating illustrations, this is an antidote to the abstract and ideological way that economics is normally taught and reported on in in media. Key concepts such as finance, competition and wages are explored, and their importance to everyday life is revealed. It answers questions such as 'Do workers need capitalists?', 'Why does capitalism harm the environment?', and 'What really happens on the stock market?'.



The book is supported with a comprehensive set of web-based course materials including videos for popular economics courses. 'Stanford is that rare breed: the teacher who changed your life. He has written a book - both pragmatic and idealistic - with the power to change the world' -- Naomi Klein, author of This Changes Everything: Capitalism vs. the Climate and No Logo. 'Jim Stanford explains what's worth trusting in economics and what's not in an accessible way. Read this book' -- Steve Keen, Professor and Head, School of Economics, Politics & History, Kingston University, London, U.K. 'Helps us understand what the newspapers never explain: how these economic crises are a product of the inequalities and incapacity for social foresight that is capitalism's everyday economics' -- Hilary Wainwright, editor of Red Pepper 'Quite simply the best critical introduction to economics you can find' -- Frank Stilwell, Professor Emeritus of Political Economy, University of Sydney, Australia 'Clear, compelling, lively and anger-provoking, all at once' -- Robert Pollin, Distinguished Professor of Economics and Co-Director of the Political Economy Research Institute (PERI), University of Massachusetts-Amherst, U.S.A.

Economics for Everyone: A Short Guide to the Economics of Capitalism

Table of contents

Acknowledgements





Introduction: Why Study Economics?





Part I: Preliminaries





1. The Economy and Economics





2. Capitalism





3. Economic History





4. The Politics of Economics





Part II: The Basics of Capitalism: Work, Tools and Profit





5. Work, Production and Value





6. Working with Tools





7. Companies, Owners and Profit





8. Working for a Living





9. Reproduction (for Economists!)





10. Closing the Little Circle





Part III: Capitalism as a System





11. Competition





12. Business Investment





13. Employment and Unemployment





14. Inequality and Its Consequences





15. Divide and Conquer





16. Capitalism and the Environment





Part IV: The Complexity of Capitalism





17. Money and Banking





18. Inflation, Central Banks and Monetary Policy





19. Paper Chase: Stock Markets, Financialization





and Pensions





20. The Conflicting Personalities of Government





21. Spending and Taxing





22. Globalization





23. Development (and Otherwise)





24. Closing the Big Circle





25. The Ups and Downs of Capitalism





26. Meltdown and Aftermath





Part V: Challenging Capitalism





27. Evaluating Capitalism





28. Improving Capitalism





29. Replacing Capitalism?





Conclusion: A Baker's Dozen: Key Things to Remember





Index

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