How Long to Read Understanding Capitalism

How Long Does it Take to Read Understanding Capitalism?

It takes the average reader 9 hours and 56 minutes to read Understanding Capitalism by Samuel Bowles

Assuming a reading speed of 250 words per minute. Learn more

Description

Understanding Capitalism: Competition, Command, and Change is an introduction to economics that explains how capitalism works, why it sometimes does not work as well as we would like, and how over time it not only changes its own functioning but also revolutionizes the world around us. Thebook does not assume that the reader has any prior knowledge of economics.The three-dimensional approach to economics offered in this book focuses not just on market competition, as highlighted in conventional economics textbooks, but also on relationships of command - the exercise of power in firms, among nations, and between social groups - and on processes ofhistorical change. The approach is multidisciplinary, making extensive use of examples from history, anthropology, and the other behavioral sciences as well as economics.The core idea uniting the three dimensions of competition, command, and change is the pursuit of profits by firms. Using this central idea, we analyze competition among firms, the search for profits as the driving force of investment and technical change, and profit seeking as a source of conflictamong owners, workers, governments, employers, and consumers.The book covers the standard topics of supply and demand, market competition, imperfect competition, aggregate demand, inflation, and unemployment. It emphasizes the extraordinary dynamism and material productivity of the capitalist economy; the psychological foundations of human behavior; the logicand limitations of Adam Smith's invisible hand; technical change and the information-based economy, global economic integration and its impact on national economies; and inequality both within and among nations.The book also provides a critical evaluation of the tenets of neoclassical economics anda clear introduction to contract theory as well as to new research in behavioral, institutional, and information economics.

How long is Understanding Capitalism?

Understanding Capitalism by Samuel Bowles is 592 pages long, and a total of 149,184 words.

This makes it 200% the length of the average book. It also has 182% more words than the average book.

How Long Does it Take to Read Understanding Capitalism Aloud?

The average oral reading speed is 183 words per minute. This means it takes 13 hours and 35 minutes to read Understanding Capitalism aloud.

What Reading Level is Understanding Capitalism?

Understanding Capitalism is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Understanding Capitalism?

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