Abstract
In The Wealth of a Nation: Institutional Foundations of English Capitalism, Geoffrey Hodgson traces the roots of modern capitalism to financial and legal institutions established in England in the 17th and 18th centuries. Hodgson’s astute historical analysis foregrounds the alienability of property rights as a key condition of capitalism’s rise to supremacy, though it leaves questions around the social dimensions of the free market system unanswered, writes S M Amadae.
Original language | English |
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Journal | LSE Review of Books |
Publication status | Published - 8 Apr 2024 |
MoE publication type | Not Eligible |
Fields of Science
- 5172 Global Politics
- Heterodox Economics
- Capitalism
- Slavery
- Credit
- Debt