CAPITALISM AND DEMOCRACY: A FRAGILE ALLIANCE

Book ID/图书代码： 04289514B68077

English Summary/英文概要： Capitalism is driven by technological revolutions, leading to alternating periods of regulation and deregulation in leading economies. Technological backward countries face a different situation as they have to catch up with the leaders. Against this backdrop, Theo van de Klundert examines the relationship between capitalism and democracy, combining economic theory and historical description to analyse long-run economic development. Emphasis is placed on the interrelation between economic and political power, and a robust state-of-the-art overview of today’s political economy is presented. The author addresses two fundamental questions raised in the analysis of the relationship between capitalism and democracy. Firstly, he explores why capitalism in leading economies is characterized by alternating periods of regulation and deregulation, and secondly, whether developing countries can opt for different types of capitalism once the potential for catching up with developed countries has expired. The consequences of a shift in the balance of power in the global economy are also considered in detail. Broad in scope and employing various methodological approaches, this book will prove a fascinating read for academics, students and researchers in the fields of economics and heterodox economics.

Chinese Summary/中文概要： 资本主义由技术革命推动，导致一段时期内发达经济的管制和放松管制。技术落后的国家因为要赶上领先的国家而面临不同的情况。在这种背景下，西奥•梵•德•克伦德特考察了资本主义和民主之间的关系，结合经济理论与历史描述分析长期经济发展。重点放在经济和政治力量之间的相互关系上，并提出了对当今政治经济的一个最先进的概述。作者解决了在分析资本主义和民主之间的关系时提出的两个基本问题。首先，他探讨了为什么资本主义在发达经济中的特点是在调节和解除管制的交替时期决定的，其次，一旦赶上发达国家的潜力已满，发展中国家是否可以选择不同类型的资本主义类型。本书也详细考虑了全球经济中的权力平衡的转变带来的后果。本书范围广阔并使用各种不同的方法，对于经济学领域和异端经济学的学者，学生和研究人员来说，将是一次迷人的阅读。(LNL)

Awards/获奖情况：这本书结构清晰，探讨了几世纪以来在欧盟和国际金融市场带来实际危机的复杂问题。本书提供了实证研究，讨论和解释的丰富图片，并批评了一些该领域的经典理论（马克思，熊彼特，博兰尼）和现代理论（格瑞夫，阿西莫格鲁，佩雷斯等）。产权，技术开发和长波的熟悉话题以富有启发的方式提出，还有一些新的主题，包括打开和有限的社会，超全球化，以及欧盟以“政治经济学”和“制度经济学“的广阔视角被看待。也提出了新古典经济学的局限性以及政治经济的优点（和代价）。——约翰•格林•尼维根，荷兰代尔夫特理工大学

这本书条理非常清楚，并且是最新版。它就经济体制的作用和政治经济的某些方面在现代经济增长过程中的作用提出了明确和复杂的观点。本文结合不同的子领域的见解展示了意义重大的原创性，成功地理解了经济增长与收入分配。对于任何对现代世界，世界各国和地区如何达到高水平的经济福利有兴趣的人来说这本书都是一个丰富的思想源泉。——斯马尔的斯，荷兰蒂尔堡大学

’This is a well-structured book on a complex question that has been relevant for centuries leading up to the actual crisis in the EU and the international financial markets. The book offers a rich picture of empirics, and discusses, explains and criticizes a number of classical theories in the field (Marx, Schumpeter, Polanyi), as well as modern theories (Greif, North et al., Acemoglu, Perez and others). The familiar topics of property rights, technological development and long waves are presented in an illuminating way, whereas a number of new topics including open and limited access societies, hyper globalization, and the European Union are viewed in a broad perspective of "political economy" and "institutional economics". The limitations of neoclassical economics are well presented as are the benefits (and costs) of political economy.’ --John Groenewegen, Delft University of Technology, The Netherlands

’This book is a very coherent and up-to-date work. It presents a clear and sophisticated view on the role of economic institutions and aspects of political economy in the process of modern economic growth. The author demonstrates significant originality in combining insights from different sub-fields to successfully understand economic growth and the distribution of income in the economy. It will be a rich source of ideas for anyone interested in how the modern world, and various countries and regions in particular, attained high levels of economic welfare.’ --Sjak Smulders, Tilburg University, The Netherlands

About the Author/作者介绍： 西奥•梵•德•克伦德特，荷兰蒂尔堡大学。

Theo van de Klundert, Tilburg University, The Netherlands

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Rights Status/版权销售情况：Simplified Chinese/简体中文：AVAILABLE(到期可授)

Complex/Traditional Chinese/繁体中文：AVAILABLE

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