- ISBN13: 9780691139371
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First published more than a decade ago, Globalizing Capital remains an indispensable part of the economic literature today. Written by renowned economist Barry Eichengreen, this classic book emphasizes the importance of the international monetary system for understanding the international economy. Brief and lucid, Globalizing Capital is intended not only for economists, but also a general audience of historians, political scientists, professionals in government and business, and anyone with a broad interest in international relations. Eichengreen demonstrates that the international monetary system can be understood and effectively governed only if it is seen as a historical phenomenon extending from the period of the gold standard to today’s world of fluctuating prices. This updated edition continues to document the effect of floating exchange rates and contains a new chapter on the Asian financial crisis, the advent of the euro, the future of the dollar, and related topics. Globalizing Capital shows how these and other recent developments can be put in perspective only once their political and historical contexts are understood.
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THE PROTESTANT ETHIC AND THE SPIRIT OF CAPITALISM is considered a founding text in economic capitalism, economic sociology and sociology in general.
In the book, Weber wrote that capitalism in Europe evolved when the Protestant ethic influenced large numbers of people to engage in work in the secular world, developing their own enterprises and engaging in trade and the accumulation of wealth for investment. In other words, the Protestant work ethic was a force behind a mass action that influenced the development of capitalism.
This book is not a detailed study of Protestantism but rather an introduction into Weber’s studies of interaction between moral ideas and economics. He argues convincingly about the American ethics and ideas that have so positively influenced the development of capitalistic financial prosperity, and thereby, both the personal and common good.
Translated by leading sociologist Talcott Parsons, this was the first and still remains the seminal translation of Weber’s main work.
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