IDEAS home Printed from https://ideas.repec.org/a/bla/ecaffa/v35y2015i3p380-396.html
   My bibliography  Save this article

Defining Capitalism

Author

Listed:
  • Elaine Sternberg

Abstract

This article aims to incorporate the essential features of capitalism in an operational definition that identifies capitalism per se (pure laissez-faire capitalism), and clearly excludes variations such as welfare capitalism and crony capitalism. By concisely highlighting the fundamental structures and mechanisms of capitalism, this essential definition facilitates defences of it that are more robust than those ordinarily offered. It also clarifies the relation between capitalism and phenomena with which it is frequently associated, and suggests a straightforward way of identifying and measuring the extent of capitalism in mixed economies.

Suggested Citation

  • Elaine Sternberg, 2015. "Defining Capitalism," Economic Affairs, Wiley Blackwell, vol. 35(3), pages 380-396, October.
    • Handle: RePEc:bla:ecaffa:v:35:y:2015:i:3:p:380-396
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/ecaf.12141
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Shapiro, Fred R, 2000. "The Most-Cited Legal Scholars," The Journal of Legal Studies, University of Chicago Press, vol. 29(1), pages 409-426, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zheng Yan & Wenqian Robertson & Yaosheng Lou & Tom W. Robertson & Sung Yong Park, 2021. "Finding leading scholars in mobile phone behavior: a mixed-method analysis of an emerging interdisciplinary field," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(12), pages 9499-9517, December.
    2. Gilat Levy, 2005. "Careerist Judges," RAND Journal of Economics, The RAND Corporation, vol. 36(2), pages 275-297, Summer.
    3. Anthony Niblett, 2017. "On the efficiency of the common law: an application to the recovery of rewards," European Journal of Law and Economics, Springer, vol. 43(3), pages 393-417, June.
    4. Manuel Goyanes & Márton Demeter & Aurea Grané & Tamás Tóth & Homero Gil Zúñiga, 2023. "Research patterns in communication (2009–2019): testing female representation and productivity differences, within the most cited authors and the field," Scientometrics, Springer;Akadémiai Kiadó, vol. 128(1), pages 137-156, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ecaffa:v:35:y:2015:i:3:p:380-396. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0265-0665 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.