Synthesizing decades of research across disciplines, Capitalism for Realists offers an overarching perspective on the modern economy by theoretically unifying many of the claims and conclusions about it offered by various traditionally rivalrous social science paradigms, such as institutional, neoclassical, and public choice economics on the one hand, and Marxist sociology on the other. The book presents and critically assesses the latest data and debates on such crucial contemporary issues as the relationship between poverty, exploitation, inequality, and capitalism, the nature of 'neoliberalism' and the successes and failures of both state-led industrial policy and the Washington consensus, capitalist peace theory, historical origins of modern capitalism, and more. What emerges is a clear picture of the merits and demerits of the modern economy too nuanced to be simplified and categorized by the prevailing political discourses.
Rich in empirical detail, this lively, accessible book will appeal to undergraduate and graduate students with interests in sociological theory, political theory, economics, and political and economic sociology.
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