The Nature and Logic of Capitalism has 97 ratings and 10 reviews. Shari said: If Karl Marx had a baby but made Robert Heilbroner raise it (as opposed to. Property rights are stressed as being of the essence of capitalism, but the. Like others of Professor Heilbroner’s works, this is a book of exceptional interest and. In The Worldly Philosophers, Robert Heilbroner set out to describe what the great In search of an answer, The Nature and Logic of Capitalism takes us on a.

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The Nature and Logic of Capitalism

Sebastian Leder Macek rated it it was amazing Jun 19, It’s a pretty sexy If Karl Marx had a baby but made Robert Heilbroner raise it as opposed to just making Freidrich Engels support it — oh, snap! And we are far closer to understanding capitalism in our time, its possibilities and limits. Heilbroner Limited preview – ComiXology Thousands of Digital Comics. The drive to accumulate capital, however, can tge explained only partially be appealing to the desire for prestige.

The Nature and Logic of Capitalism by Robert L. Heilbroner (Norton: $15.95; 215 pp.)

Describes the title with great lucidity without losing the profound message it intends to convey. Aigoual mountain, Cevennes, South of France; B. Capital is a process oriented to the creation of profit, not to the attainment of freedom Workers, so long as they are employees and not the owners of capital, have no legal basis to claim a share in the profits or a vote in how the business is to be run.


The attribute of wealth that distinguishes it from prestige goods is that its possession confers on its owners the ability to direct and mobilize the activities of society, although it does not necessarily also confer the repute or authority of distinction.

On the positive side, the writing is easy to understand as it is filled with nice homilies and quaint truisms. How did capitalism deny these rights?

Fill in your details below or click an icon to log in: You are commenting using your Facebook account. Still, for the price, I won’t complain.

capitalismm You cannot say that you understand Capitalism until you have read this book! Explore the Home Gift Guide. It is a necessary condition, but not a sufficient one. Alexa Actionable Analytics for the Web.

Can one call wasteful any undertaking that returns a satisfactory profit? Now he asks a still more demanding question: And we are far closer to understanding capitalism in our time, its possibilities and limits. It explains how capitalist property relationships allow the ruling class to discipline workers and suck up the economic surplus, while forcing individual capitalists to compete endlessly with one another.


These items are shipped from and sold by different sellers. Customers who viewed this item also viewed. You are commenting using your WordPress. The difference is this: Heilbroner March 24, — January 4, was an American economist and historian of economic thought. May 23, by Ahmed Afzaal. This was good and thought-provoking if occasionally pretentious and overwritten! This treatise thus represents Heilbroner’s description of the capital accumulation process, the role of government, and capitalist development, along with the multiple ideologies that can surround capitalism.

The Nature and Logic of Capitalism (1) | Ahmed Afzaal

There is a short bibliography. Donald Eugene Mason rated it it was amazing Jan 16, Shopbop Designer Fashion Brands.

The venture capitalist is willing to share a larger portion of his profits with the engineer because the latter has something unique such as a special talent or a patented idea that the venture capitalist cannot or does not find elsewhere.