Hyman Minsky used to joke that there are as many varieties of capitalism as Heinz has pickles--57. (Minsky 1991) In this contribution, we will be analyzing one of them--the general form of post-war capitalism taken in the developed countries, which can be characterized as Financial Capitalism. Obviously, there are differences in the specific form that financial capitalism takes over the postwar...

The term corporate governance is used in two distinct ways. In Anglo-Saxon countries like the US and UK good corporate governance involves Þrms pursuing the interests of shareholders. In other countries like Japan, Germany and France it involves pursuing the interests of all stakeholders including employees and customers as well as shareholders. Anglo-Saxon capitalism has been widely analyzed b...

Work in pre-industrial societies Work in industrial capitalist societies Main features of work in industrial capitalist societies Capitalist industrialization and the primacy of work Crises and industrial capitalism Technological and organizational change The rise of trade unions Women and work in the development of industrial capitalism The dominant conception of work in industrial capitalism ...

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Positive psychology is influencing educational policy and practice in Britain and North America. This article reveals how this psychological discourse and its offshoot school-based training programs, which stress happiness, self-improvement and well-being, align with an emergent socioeconomic formation: cognitive capitalism. Three key points are made. First, there is an elective affinity betwee...

From the middle of the 19 century until the last decade of the 20, the Marxist tradition provided the most systematic body of ideas and social theory for radical critics of capitalism as an economic system and social order. Even those critics of capitalism who did not directly identify with Marxism relied heavily on Marxist ideas about class, exploitation, commodification, the state, ideology. ...

Dealing with the periodisation and current development of capitalism, this paper starts with a theoretical and historical assessment of imperialism in its Leninist conception. It is argued that the current developments and the rising globalisation of capitalism lead to a dialectical supersession of imperialism. Based on contemporary economic conditions and the current discussion regarding inter...

reedom and prosperity stand as the two central themes of Milton Fried-man's political writings. Rather than offering either a " rights/liberty " defense of capitalism or a " utilitarian " defense, Friedman sought to identify the numerous cases where the two motivations coincide. Much of his analysis of markets has attempted to show this broader consilience or compatibility of values. I wish to ...

WE MUST FOLLOW THE PATH OF THE OCTOBER SOCIALIST REVOLUTION [En, Es] We honour the 100th anniversary of the Great October Socialist Revolution, of the world-historic event of international significance, which demonstrated that capitalism is not invincible. The working class, the leading class of society with its allies have the strength to overthrow capitalism and construct the socialist socie...

The phenomenon of crony capitalism has been explored primarily with reference to its impact on economic growth. This study investigates the political implications of crony capitalism and, specifically, the interaction between political competition and crony capitalism. Based on a case study of political trajectories in two regions of the Russian Federation, I argue that under crony capitalism p...