TY - BOOK AU - Heller,Michael TI - Capitalism, institutions, and economic development T2 - Routledge frontiers of political economy SN - 0415482593 AV - HB501 .H439 2009 U1 - 330.122 22 PY - 2009/// CY - London, New York PB - Routledge KW - Capitalism KW - Economic development KW - Economics KW - Sociological aspects N1 - Includes bibliographical references (pages 289-298) and index; 1; Dimensions of culture --; 2; Consumer behaviour --; 3; Products --; 4; Promotional strategies --; 5; Distribution --; 6; Internet and mobile commerce --; 7; Pricing strategies --; 8; Marketing management practice --; 9; Marketing research N2 - "Based on a timely reassessment of the classic arguments of Weber, Schumpeter, Hayek, Popper, and Parsons, this book reconceptualizes actually-existing capitalism. It proposes capitalism as an impersonal procedural solution to the problems of spontaneously coordinating public institutions that enable durable market-based wealth generation and social order. Few countries have achieved this. A novel contribution of the book is that it identifies a practical sequence of economic and institutional shortcuts to real capitalism. The book challenges current orthodoxies about varieties of capitalism and relativist recipes for economic growth, and it criticizes culturalist and incrementalist viewpoints in institutional economics. It calls on the social sciences to help in constructing dynamic and prosperous open societies of the twenty-first century by reclaiming older ideas of 'social economics'. Better and faster solutions will emphasize crisis-induced change, rational leadership, ideological persuasion, institutional engineering, rules-based market freedom, and the universalistic formal-procedural impersonality of optimal regulatory systems ."--Publisher's website ER -