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 by Robert L. Heilbroner (Norton: $15.95; 215 pp.)

Amazon Second Chance Pass it on, trade it in, give it a second life. My understanding of capitalism is quite opposite. The reason I gave this 2 stars, and not the one that it probably deserves, is because it is one of the greatest examples of the extent to which economic thought, analysis and criticism is more ideological than rational, let alone scientific.

From Library Journal via Amazon. The Endogenous Money Approach L. Though his neglect of this area might be due to the fact that he considers Capitalism as something originating in Western history.

The fact that they are easily replaceable is precisely what prevents the employed workers from making too many demands. If Karl Marx had a baby but made Robert Heilbroner raise it as opposed to just making Freidrich Engels support it — oh, snap!

Beginners won’t find “The Nature and Logic of Capitalism” easy to read, while readers already familiar with basic Marxist social theory won’t learn much of anything new. Amazon Renewed Refurbished products with a warranty.


Putting this book on the need-to-reread shelf. This is indeed a thick read but I think one of the better books out there that explain not only what capitalism is, but how it’s changing and evolving. Lists with This Book.

Nor is he oblivious to what he calls the “extraordinary richness and creativity of capitalism. This spirit leads to the commercialization of life, with capitalists constantly looking for opportunities to create new needs to feed the accumulation impulse: Withoutabox Submit to Film Festivals.

Want to Read Currently Reading Read. John Thomason rated it it was amazing Jul 29, Notify me of new comments via email. Be the first to ask a question about The Nature and Logic of Capitalism.

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Alexa Actionable Analytics for the Web. Page 1 of 1 Start over Page 1 of 1. But he was all along considered an outsider by the neoclassical faithful, and he was careful to keep his distance from the Marxist critics. In terms of percentages, it is a highly rare occurrence, which is why it does nothing to alleviate the fundamental inequality between classes.

In such a society, there is prestige but no wealth. Share your thoughts with other customers. Copyright Los Angeles Times. The Wealth and Poverty of Nations: He points out that there are two main ways through which people acquire prestige: Success at life necessarily means looking out for oneself, at the expense of others if need be because that’s what it takes to survive.

Books by Robert L. Tyler Joseph rated it liked it Jul 05, The Politics of Power: Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Meghan rated it it was amazing Mar 14, The theori From Library Journal via Amazon. Showing of 17 reviews.


It answers part of the question, but fails to settle it conclusively; in other words, it provides the necessary condition for domination, but not the sufficient condition. Unfortunately, Heilbroner does not provide a satisfactory answer to this question.

Heilbroner says capitalism displaced previous social relationships in which people–whether they were peasants or urban artisans–had a right to keep some portion of what they produced.

Professor Heilbroner projected his own views about the future of the capitalist heilbromer.

The Nature and Logic of Capitalism

But why do we desire power in the first place? Unlike wealth, capital is not a thing; it is a social process. Can one call wasteful any undertaking that returns a satisfactory profit?

Individualist dynamic need not be discounted for without it there would be no basis at all for the said mentality. To see what your friends thought of this book, please sign up. Milovan Djilas’ “The New Class” might have a different perspective on whether domination is peculiar to capitalism.

How can one truly participate in a process when they do not, through and through, understand its nature and changes? His conclusions may be disputed, he says.