Understanding Capitalism: Competition, Command, and Change
| By: | Samuel Bowles; Frank Roosevelt; Richard Edwards; Mehrene Larudee |
| Publisher: | Oxford University Press Academic US |
| Print ISBN: | 9780190610937 |
| eText ISBN: | 9780190610944 |
| Edition: | 4 |
| Format: | Page Fidelity |
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Understanding Capitalism: Competition, Command, and Change, Fourth Edition, is an introduction to economics that explains how capitalism works, why it sometimes fails, and how it undergoes and brings about change. It discusses both the conventional economic model and the role of power in economic interactions. Understanding Capitalism analyzes how profit-seeking is a source of competition among firms, conflict, and change.