After the End of History: The Curious Fate of American by Robert E. Lane

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By Robert E. Lane

"Robert E. Lane is among the such a lot renowned and exclusive critics of either the human impression of industry economies and monetary idea, arguing from a lot study that happiness is prone to movement from companionship, delight in paintings, contribution to society, and the chance to improve as somebody, than from the pursuit of wealth and the buildup of fabric items in industry economies. This most up-to-date paintings playfully personalizes the distinction via a discussion among a humanistic social scientist, Dessi, and a industry economist, Adam. it's all too infrequent to have the 2 aspects chatting with one another. additionally, in Lane's witty and literate fingers, it's an open-minded and balanced dialog, during which neither aspect has all of the solutions. His exceptional seize of interdisciplinary social clinical wisdom is delivered to undergo at the greatest questions of human lifestyles: What certainly makes humans chuffed? How should still human society be equipped to maximise the standard of human lives?"
--David O. Sears, Professor of Psychology and Political technology, UCLA

"Lane's deep wisdom of the resources of human happiness permits him to strengthen a robust critique of monetary theory."
---Robert A. Dahl, Sterling Professor Emeritus of Political technology, Yale University

Robert E. Lane is the Eugene Meyer Professor Emeritus of Political technological know-how at Yale college. His earlier courses comprise The lack of Happiness in industry Democracies (2000) and The marketplace event (1991).

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Uncertainty creates opportunity for profit. Trade permits the substitution of resources. One school has argued that the market did not dominate preindustrial societies. To Karl Polanyi, markets were peripheral in early economies that exchanged goods through symmetrical reciprocity, not through centralized redistribution. Resources were allocated by social and political institutions; householders produced for their own use without reference to market price. Other scholars have, however, demonstrated that primitive societies were familiar with the concept of exchange value.

In sixteenth-century England, land appreciated in value as the population increased and common fields were enclosed. From the seventeenth century onward, helped by greater investment, the productivity of English agriculture improved continuously. As early as 1700, England had no peasants and only half the workforce was employed in agriculture; despite some pockets of subsistence agriculture, farmers produced for the market, land was treated as a commodity, and there was an integrated rural market.

Donald T. Critchlow Series Editor 1 WHAT IS CAPITALISM? There are few characteristics of the modern world that have not been attributed to or blamed on capitalism. It is a concept invoked indiscriminately by everyone, from neomarxists to neoconservatives, from literary critics to political scientists and feminists, as an explanation for innovations in every field of human activity—economic, social, and cultural. Few have been able to agree, however, on what the term actually means. Within and between each school of thought, the debate, often in unintelligible jargon, over what constitutes the essence and significance of capitalism has been continuous and intractable.

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