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Economy and Society
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Economy and Society
Political Economy and Rise of Capitalism



November 2021 | SAGE Publications Pvt. Ltd
The second revised and updated edition continues to focus on the emergence, evolution and working of the capitalist system with the help of some of the major principles and theories of economics.

The revised second edition of this textbook continues to focus on the emergence, evolution and working of the capitalist system with the help of some of the major principles and theories of economics.

Economy and Society relates economic life to other aspects of our lives—social, cultural, political, religious and intellectual. It comprehensively analyses the importance of politics and culture to the functioning of the economy. Instead of presenting a traditional analysis of the capitalist system, this edition explores the relationship between economy and society. It examines the Marxist approach to the evolution of human civilizations in terms of thesis, anti-thesis and synthesis.

Key Features:


• Topical coverage as per the UGC syllabus of Political Economy I and II

• Provides a holistic understanding of each topic, covering information on major works on each theme 
 
• A student-friendly approach for a difficult subject in lucid language

• Each chapter aided by insightful pedagogical features such as learning outcomes, key terms and points for classroom discussion

 
Preface
 
Introduction
 
SECTION I Introduction to Capitalism, Features and Regime and Evolving Structure
 
Capitalism: Basic Features and Regime
 
The Evolving Structure of Capitalism
 
SECTION II Features of Capitalism
 
Features of Competitive Capitalism
 
Features of Monopoly Capitalism: The Fordist Phase
 
Features of Monopoly Capitalism: Economic Globalization I
 
Features of Monopoly Capitalism: Financialized Globalization II
 
SECTION III Functioning under Capitalism
 
Functioning under Competitive Capitalism
 
Functioning under Fordist Monopoly Capitalism
 
Functioning under Post-Fordist Monopoly Capitalism I: Economic Globalization
 
Functioning under Post-Fordist Monopoly Capitalism II: Financialization of the Economy
 
The Drive to Globalization
 
SECTION IV Crises Tendencies under Capitalism
 
Crises Tendencies under Capitalism: Business Cycles
 
Crises Tendencies under Capitalism: Social Issues
 
Crises Tendencies under Capitalism: Environmental Issues
 
Imperialism
 
Epilogue: Capitalism as of Today
 
Index

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Paperback
ISBN: 9789354791185
$40.00