Technological Revolutions and Financial Capital The Dynamics of Bubbles and Golden Ages

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  • Engels
  • Paperback
  • 9781843763314
  • 26 februari 2003
  • 224 pagina's
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Samenvatting

Technological Revolutions and Financial Capital presents a novel interpretation of the good and bad times in the economy, taking a long-term perspective and linking technology and finance in an original and convincing way.



Technological Revolutions and Financial Capital presents a novel interpretation of the good and bad times in the economy, taking a long-term perspective and linking technology and finance in an original and convincing way.

Carlota Perez draws upon Schumpeter's theories of the clustering of innovations to explain why each technological revolution gives rise to a paradigm shift and a 'New Economy' and how these 'opportunity explosions', focused on specific industries, also lead to the recurrence of financial bubbles and crises. These findings are illustrated with examples from the past two centuries: the industrial revolution, the age of steam and railways, the age of steel and electricity, the emergence of mass production and automobiles, and the current information revolution/knowledge society.

By analyzing the changing relationship between finance capital and production capital during the emergence, diffusion and assimilation of new technologies throughout the global economic system, this seminal book sheds new light on some of the most pressing economic problems of today.

A bold interpretation of how the changing relationship between technological advances and financial capital shapes the patterns of economic cycles, this path-breaking book will provide essential insights for business leaders, policymakers, academics and others concerned with managing change in the world economy.

Productspecificaties

Inhoud

Taal
en
Bindwijze
Paperback
Oorspronkelijke releasedatum
26 februari 2003
Aantal pagina's
224
Illustraties
Nee

Betrokkenen

Hoofdauteur
Carlota Perez
Tweede Auteur
Carlota Perez
Hoofduitgeverij
Edward Elgar Publishing Ltd

Overige kenmerken

Editie
4
Product breedte
160 mm
Product hoogte
19 mm
Product lengte
240 mm
Studieboek
Ja
Verpakking breedte
156 mm
Verpakking hoogte
14 mm
Verpakking lengte
235 mm
Verpakkingsgewicht
427 g

EAN

EAN
9781843763314

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