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1、Downloadedby[ShanghaiJiaotongUniversity]at08:2403November2012Capitalism,Institutions,andEconomicDevelopmentBasedonatimelyreassessmentoftheclassicargumentsofWeber,Schumpeter,Hayek,Popper,andParsons,thisbookreconceptualizesactuallyexistingcapital-ism.Itproposescapitalismasaproceduralsolution
2、totheproblemsofspontane-ouslycoordinatingpublicinstitutionsthatenabledurablemarket-basedwealthgenerationandsocialorder.Fewcountrieshaveachievedthis.Anovelcontribu-tionofthebookisthatitidentifiesapracticalsequenceofeconomicandinstitu-tionalshortcutstorealcapitalism.Thebookchallengescurrento
3、rthodoxiesaboutvarietiesofcapitalismandrelativistrecipesforeconomicgrowth,anditcriticizesculturalistandincremen-talistviewpointsininstitutionaleconomics.Itcallsonthesocialsciencestohelpinconstructingdynamicopensocietiesofthetwenty-firstcenturybyreclaimingolderideasof‘socialeconomics’.Bette
4、randfastersolutionswillemphasizecrisis-inducedchange,rationalleadership,ideologicalpersuasion,institutionalengineering,rules-basedmarketfreedom,andtheuniversalisticformal-proceduralimpersonalityofoptimalregulatorysystems.Aswellasbeingaimedatacademicsinthesocialsciences,thisbookisintendedfo
5、rexpertsandpractitionersinthefieldofinternationaldevelopment,andhigher-levelstudentsinpoliticaleconomy,economicsociology,anddevel-opmentstudies.DrMichaelG.Hellerisapoliticalscientistspecializingindevelopmentissues.HehasheldresearchandteachingpositionsatuniversitiesinMexico(ColegiodeMéxico)
6、,theUnitedKingdom(SchoolofOrientalandAfricanStudies),Argentina(UniversidaddeCuyo),andAustralia(UniversityofTechnologySydney).Downloadedby[ShanghaiJiaotongUniversity]at08:2403November2012Routledgefrontiersofpoliticaleconomy1EquilibriumVersus7Markets,UnemploymentandUnderstandingEconomicPolic
7、yTowardstherehumanizationofEssaysinhonourofGeoffeconomicswithinsocialtheoryHarcourt,volumetwoMarkAddlesonEditedbyPhilipArestis,GabrielPalmaand2Evolution,OrderandMalcolmSawyerComplexityEditedbyEliasL.Khaliland8SocialEconomyKennethE.BouldingThelogicofcapitalistd
