| Summary: | 'Capitalist Economics' introduces and explains the basic economic forces that shape the present and structure the future of capitalist societies today. Rejecting the idea that economics is a universal science of 'choice' or the 'efficient allocation of scarce resources,' this book analyzes economic forces and relations as essential elements of a broader society. This entails understanding 'the economic' as a logic that always operates alongside cultural, political, and social forces. As well, it requires grasping the economic as itself a product of historical development. This book explores the unique economic pressures found in capitalist societies, offering detailed yet concise analysis of basic concepts - commodities, money, exchange, interest - and investigating broader issues such as the source of profit, the nature of growth, and the role of technology and invention
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