Overview

The economic crisis of 2007/2008 has prompted much debate as to what caused it and what remedies may be implemented in order to regain a healthy economy. This book addresses these issues through the lens of capitalism with a focus on labour economics, arguing that capitalism, and the employment of young people and migrants, may be a suitable antidote to the ongoing political crises in Europe that are taking place as a result of the financial crisis. Using economic history and the history of economic thought to inform debate, Is Capitalism Still Progressive?: A Historical Approach  will be of interest to policy makers (especially in emerging countries), students and researchers interested in exploring the pros and cons, and persistence, of the capitalist system.

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9783030481711

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In this valuable book Cosimo Perrotta investigates the nature, the history and the perspectives of capitalism on the basis of a rich set of historical data. ... Perrotta offers a lucid, in-depth historical analysis of the large variety of forms in which capitalistic accumulation takes place. (Mario Morroni, HEI History of Economic Ideas, Vol. 29 (2), 2021)

“In this valuable book Cosimo Perrotta investigates the nature, the history and the perspectives of capitalism on the basis of a rich set of historical data. … Perrotta offers a lucid, in-depth historical analysis of the large variety of forms in which capitalistic accumulation takes place.” (Mario Morroni, HEI History of Economic Ideas, Vol. 29 (2), 2021)

Author Information

Professor Cosimo Perrotta has been Council Chair of the European Society for the History of Economic Thought, published many articles in the main international journals of this discipline, among other monographs published Consumption as an Investment. The Fear of Goods from Hesiod to Adam Smith (2004) and Unproductive labour. History of an Idea (2018), Routledge.

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