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9780190610937

Understanding Capitalism: Competition, Command, and Change, 4th Edition by Samuel Bowles

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Author
Samuel Bowles
Edition
4th
Publisher
Oxford University Press
ISBN
978-0190610937
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Description

Understanding Capitalism: Competition, Command, and Change, Fourth Edition by acclaimed author Samuel Bowles, offers an essential introduction to economics. Published by Oxford University Press on October 20, 2017, this comprehensive work (ISBN-10: 019061093X; ISBN-13: 978-0190610937) explains how capitalism works, why it sometimes fails, and how it undergoes and brings about change.

The 4th Edition discusses both the conventional economic model and the crucial role of power in economic interactions. It provides a profound analysis of how profit-seeking is a fundamental source of competition among firms, a catalyst for conflict, and a driving force for dynamic change within the capitalist system.