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 …

economics of developing countries, US imperialism, Marxian crisis theory, contemporary economic history and institutional … development, affirmative action policies, and the potential of socialism as an alternative to capitalism for developing non …

larger picture of American efforts to reconcile democratic values and humane social goals with modern corporate capitalism … decades after 1945: the evolutionary trajectory of managerial capitalism; the persistence of poverty and class divisions; the … expansion of the welfare state and the public sector in general; and the assault on welfare capitalism by the New Right in the …