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Economics, Accounting and the True Nature of Capitalism

2021-11-29 Business & Economics
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Release : 2021-11-29
Genre : Business & Economics
Kind : eBook
Book Rating : 05X/5 ( reviews)

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Book Synopsis Economics, Accounting and the True Nature of Capitalism by : Jacques Richard

Download or read book Economics, Accounting and the True Nature of Capitalism written by Jacques Richard. This book was released on 2021-11-29. Available in PDF, EPUB and Kindle. Book excerpt: Almost all economists, whether classical, neoclassical or Marxist, have failed in their analyses of capitalism to consider the underpinning systems of accounting. This book draws attention to this lacuna, focusing specifically on the concept of capital: a major concept that dominates all teaching and practice in both economics and management. It is argued that while for the practitioners of capitalism – in accounting and business – the capital in their accounts is a debt to be repaid (or a thing to be kept), for economists, it has been considered a means (or even a resource or an asset) intended to be worn out. This category error has led to economists failing to comprehend the true nature of capitalism. On this basis, this book proposes a new definition of capitalism that brings about considerable changes in the attitude to be had towards this economic system, in particular, the means to bring about its replacement. This book will be of significant interest to readers of political economy, history of economic thought, critical accounting and heterodox economics.

The Future of Capitalism

2018-12-04 History
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Release : 2018-12-04
Genre : History
Kind : eBook
Book Rating : 661/5 ( reviews)

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Book Synopsis The Future of Capitalism by : Paul Collier

Download or read book The Future of Capitalism written by Paul Collier. This book was released on 2018-12-04. Available in PDF, EPUB and Kindle. Book excerpt: Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.

Capitalism without Capital

2018-10-16 Business & Economics
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Release : 2018-10-16
Genre : Business & Economics
Kind : eBook
Book Rating : 295/5 ( reviews)

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Book Synopsis Capitalism without Capital by : Jonathan Haskel

Download or read book Capitalism without Capital written by Jonathan Haskel. This book was released on 2018-10-16. Available in PDF, EPUB and Kindle. Book excerpt: Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.

Philosophy of Ecology and Capitalism

2023-12-02 Business & Economics
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Release : 2023-12-02
Genre : Business & Economics
Kind : eBook
Book Rating : 399/5 ( reviews)

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Book Synopsis Philosophy of Ecology and Capitalism by : Jacques Richard

Download or read book Philosophy of Ecology and Capitalism written by Jacques Richard. This book was released on 2023-12-02. Available in PDF, EPUB and Kindle. Book excerpt: There is a substantial body of work emerging currently, seeking to address the problems caused by the economic model that has dominated the world for the last several hundred years – not least the negative impacts on the environment and sustainable health of the biosphere. This book adds to that body of literature, and brings an interesting new set of ideas into play. The author offers an approach to the philosophies and politics of nature based on a reinterpretation of the history of capitalism, in particular its concept of capital. It leads to a new anti-capitalist conception of the philosophy of ecology which takes into account at the same time history, ethics, politics, law and economics. By linking philosophy, law, economics and management, this work seeks to go beyond the mono-disciplinary and purely theoretical approaches which often characterize works devoted to the philosophy of nature, or the philosophy of ecology. It proposes a concrete philosophical alternative to modern capitalism which leads to ecological co-management and care at all levels of society, including that of political bodies, and the reform of constitutions and parliaments. In short, it is a book for a theory and a practice of environmental action in the broad sense within the framework of an institutional revolution passing in particular through the heart of the capitalist system.

Capital in the History of Accounting and Economic Thought

2021-11-29 Business & Economics
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Release : 2021-11-29
Genre : Business & Economics
Kind : eBook
Book Rating : 878/5 ( reviews)

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Book Synopsis Capital in the History of Accounting and Economic Thought by : Jacques Richard

Download or read book Capital in the History of Accounting and Economic Thought written by Jacques Richard. This book was released on 2021-11-29. Available in PDF, EPUB and Kindle. Book excerpt: Starting with the first "scientific" economists such as Cantillon (1755) and Quesnay (1758) and ending with Piketty (2019), this book explores the treatment of the concept of capital in the history of accounting and economic thought. The work provides a rare juxtaposition of the reasoning, discourse and writings of accountants and economists. With regard to ‘capital’, this approach highlights the ongoing struggle between these "uncongenial twins" – as Kenneth Boulding put it – for primacy in analysing, and utilising, capitalism. But if they are certainly "uncongenial", the book also argues that it is wrong to ever classify these two disciplines as "twins" because they have taken very different paths ever since scientism came to dominate in economics and ethical and moral considerations were put to one side. This book will be of significant interest to readers to history of economic thought, critical accounting and heterodox economics.

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