Economics and Utopia

Download or read book Economics and Utopia written by Geoffrey M Hodgson and published by Routledge. This book was released on 2002-01-04 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the fall of the Berlin Wall we have been told that no alternative to Western capitalism is possible or desirable. This book challenges this view with two arguments. First, the above premise ignores the enormous variety within capitalism itself. Second, there are enormous forces of transformation within contemporary capitalisms, associated with moves towards a more knowledge-intensive economy. These forces challenge the traditional bases of contract and employment, and could lead to a quite different socio-economic system. Without proposing a static blueprint, this book explores this possible scenario.