SOURCE / edition
Conceptualizing Capitalism: Institutions, Evolution, Future
About this source
A source used to distinguish capitalism, market economies, and their institutions: Conceptualizing Capitalism: Institutions, Evolution, Future.
CLAIM CONNECTIONS / 9
Where this source is used
Hodgson defines capital as money value attached to alienable property.
- supports · chapter 6 abstract, paragraph 1; DOI 10.7208/chicago/9780226168142.003.0006
Geoffrey Hodgson includes widespread employment and developed financial institutions in his minimum definition of capitalism.
- supports · chapter 10 abstract, paragraph 1; DOI 10.7208/chicago/9780226168142.003.0010
Hodgson’s definition of capitalism treats a legal system supporting property and contract as a necessary institution.
- supports · chapter 10 abstract, paragraph 1; DOI 10.7208/chicago/9780226168142.003.0010
Markets existed before the economic order commonly called capitalism.
- supports · chapter 10 abstract, paragraph 1; DOI 10.7208/chicago/9780226168142.003.0010
Hodgson argues that markets are insufficient to define capitalism.
- supports · chapter 10 abstract, paragraph 1; DOI 10.7208/chicago/9780226168142.003.0010
Hodgson includes private property among the institutions in his definition of capitalism.
- supports · chapter 10 abstract, paragraph 1; DOI 10.7208/chicago/9780226168142.003.0010
Legal property is distinct from physical possession.
- supports · chapter 4 abstract, paragraph 1; DOI 10.7208/chicago/9780226168142.003.0004
An employment contract gives the employer a right to direct how work is performed.
- supports · chapter 9 abstract, paragraph 1; DOI 10.7208/chicago/9780226168142.003.0009
Paid day labor existed in medieval Europe before modern capitalism.
- supports · chapter 9 abstract, paragraph 1; DOI 10.7208/chicago/9780226168142.003.0009