The Making of Economic Society

by Heilbroner, Robert L.; Milberg, William

• ISBN13: 9780130910509
• ISBN10: 0130910503
• Edition: 12th
• Format: Paperback
• Copyright: 2007-01-01
• Publisher: Prentice Hall

Summary

With its roots in history and eyes on the future, this book traces the development of our economic society from the Middle Ages to the present, offering a balanced perspective of why our economy is the way it is and where it may be headed. It explores the catalytic role past economic trends and dynamics--particularly capitalism--have played in creating the present challenges we face, and offers suggestions on how we may deal with them most effectively in the future. Chapter topics include the economic problem, the premarket economy, the emergence of market society, the industrial revolution, the great depression, the rise of the public sector, modern capitalism emerges in Europe, the golden age of capitalism, the rise and fall of socialism, the globalization of economic life, and why some nations remain poor. For individuals interested in the economic history of the U.S.

Table of Contents

The Economic Problem	1	(14)
The Premarket Economy	15	(21)
The Emergence of Market Society	36	(23)
The Industrial Revolution	59	(20)
The Impact of Industrial Technology	79	(17)
The Great Depression	96	(13)
The Rise of the Public Sector	109	(13)
Modern Capitalism Emerges in Europe	122	(10)
The Golden Age of Capitalism	132	(9)
The Golden Age Comes to an End	141	(13)
The Rise and Fall of Socialism	154	(11)
The Globalization of Economic Life	165	(13)
Why Some Nations Remain Poor	178	(10)
Problems and Possibilities	188