's theory of capitalist development -- Schumpeter's account of the long-term trend of capitalism -- The synthetic combination of … Weber with Schumpeter -- Conclusion: toward a general theory of modern capitalism …Weber's account of the origins of modern capitalism -- Weber's later account of modern capitalism -- Schumpeter …

capitalism during the second half of the twentieth century. It argues that economics should centre on institutions - the durable … Schumpeterian perspectives. The nature of institutions in the growth and instability of capitalism is then explored with reference … author concludes, using institutional-evolutionary themes of political economy, that the evolution of modern capitalism is …