1995 | OriginalPaper | Buchkapitel
Institutional Economics and the Crises of Capitalism
verfasst von : James Ronald Stanfield
Erschienen in: Economics, Power and Culture
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
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This chapter is concerned with institutional change in market capitalist society. The history of this social order is one of persistent crises. These appear in myriad guises and levels such as aggregate stabilization crises, environmental and resource crises, crises of demographic adjustment, urban crises, and the crises faced by laborers, business enterprises, or local communities faced with economic obsolescence. Institutional change has largely consisted of reactive response to one or another such crises.