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Capitalism: A Very Short Introduction


  • Fulcher, James

    (James Fulcher is Senior Lecturer in Sociology at the University of Leicester.)


What is capitalism? Is capitalism the same everywhere? Is there an alternative? The word 'capitalism' is one that is heard and used frequently, but what is capitalism really all about, and what does it mean? The book begins by addressing basic issues such as 'what is capital?' before discussing the history and development of capitalism through three detailed and absorbing case studies ranging from the tulipomania of seventeenth-century Holland to the recent Enron crisis in America. Fulcher addresses important present day issues, such as New Labour's relationship with capitalism, the significance of global capitalism, and distinctive national models of capitalism. He also explores whether capital has escaped the nation-state by going global, emphasizing that globalizing processes are not new. He discusses the crisis tendencies of capitalism, such as the Southeast Asian banking crisis, the collapse of the Russian economy, and the 1997- 1998 global financial crisis, and asks whether capitalism is doomed. The book ends by asking whether there is an alternative to capitalism, discussing socialism, communal and cooperative experiments, and the alternatives proposed by environmentalists. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Suggested Citation

  • Fulcher, James, 2004. "Capitalism: A Very Short Introduction," OUP Catalogue, Oxford University Press, number 9780192802187.
  • Handle: RePEc:oxp:obooks:9780192802187

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    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Domènec Melé, 2016. "Re-thinking Capitalism: What We can Learn from Scholasticism?," Journal of Business Ethics, Springer, vol. 133(2), pages 293-304, January.
    2. Kraemer, Klaus, 2016. "Sociology and capitalism research," economic sociology_the european electronic newsletter, Max Planck Institute for the Study of Societies, vol. 18(1), pages 18-28.
    3. Klaus Kraemer, 2017. "Sociology and Capitalism Research," Working Paper Series, Social and Economic Sciences 2017-03, Faculty of Social and Economic Sciences, Karl-Franzens-University Graz.
    4. Anil Kumar Vaddiraju & S Manasi, 2017. "From E-Governance to digitisation: Some reflections and concerns," Working Papers 404, Institute for Social and Economic Change, Bangalore.
    5. Colin C. Williams & Abbi Kedir & Meryem Fethi & Sara Nadin, 2012. "Evaluating 'Varieties of Capitalism' by the Extent and Nature of the Informal Economy: The Case of South-Eastern Europe," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 10(2), pages 113-130.
    6. Colin C. Williams & John Round, 2008. "Evaluating the Penetration of Capitalism in Postsocialist Moscow," American Journal of Economics and Sociology, Wiley Blackwell, vol. 67(2), pages 359-379, April.
    7. Colin C. Williams, 2010. "Beyond the market/non-market divide: a total social organisation of labour perspective," International Journal of Social Economics, Emerald Group Publishing, vol. 37(6), pages 402-414, May.
    8. Colin C. Williams & Sara J. Nadin, 2013. "Beyond the entrepreneur as a heroic figurehead of capitalism: re-representing the lived practices of entrepreneurs," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 25(7-8), pages 552-568, September.
    9. Akyel, Dominic, 2014. "Ökonomisierung und moralischer Wandel: Die Ausweitung von Marktbeziehungen als Prozess der moralischen Bewertung von Gütern," MPIfG Discussion Paper 14/13, Max Planck Institute for the Study of Societies.

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