Comparative Economic Systems: Culture, Wealth and Power in the 21st Century explains how culture, in various guises, modifies the standard rules of economic engagement, creating systems that differ markedly from those predicted by the theory of general market competition. This analysis is grounded in established principles, but also assumes that individual utility seeking may be culturally determined, that political goals may take precedence over public well being, and that business misconduct may be socially detrimental.
Preface.
Glossary.
Introduction.
Part I: Systems.
1. Comparative Economic Systems.
2. Classification and Principles.
3. Culture, Politics and Ethics.
4. Power.
Part II: Perfect Economic Mechanisms.
5. Perfect Competition.
6. Perfect Governance.
Part III: Great Powers.
7. America.
8. Continental Europe.
9. Japan.
10. China.
11. Russia.
12. Transition.
13. Comparative Potential.
Part IV: Performance.
14. Measurement.
15. Global Performance.
Part V: International Relations.
16. Security.
17. Military Balance.
18. Interplay.
Now that the transition is over, Professor Steven Rosefielde is bringing back a new and improved version of comparative economic systems, one that treats culture, politics, and business misconduct explicitly in a market context. Rosefielde's approach is original and sophisticated, producing a theoretically rigorous text still accessiblel3.