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- After the Great Depression, which began in 1929, after the experience of the proactive and interventionist so-called New Deal 1933–1938 in the USA during the era of President Roosevelt, after John Maynard Keynes’ theoretical revolution in favor of proactive state agency (details in Chapter 12), and after the experience of war- and defense-industries-led growth during World War II, a socio-politico-economic paradigm of some “organized capitalism” cum welfare state and proactive policies had come...
www.sciencedirect.com/topics/social-sciences/organized-capitalism
In the following three centuries, however, a fundamental broadening of capitalism took place: it expanded spatially into the newly established world trading system, crossed new frontiers into the sphere of production, and became important for society as a whole, especially in the Netherlands and England.
- Jürgen Kocka
Modern capitalism emerged in the early nineteenth century in western Europe and the European offshoots of the Americas and Oceania. Recognizing the unparalleled dynamism of the new socio-economic system, Marx and Engels predicted in 1848 that capitalism would spread to the entire world.
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Jun 25, 2013 · The End of Organised Capitalism was one of several books that appeared in the 1980s and early 1990s using sweeping theoretical claims and catchy labels to capture the changes in society and the political economy.
- Ian Greer
historians.4 For these writers organized capitalism begins in most countries in the final decades of the nineteenth century as a consequence of the downward phase of the Kondratieff long wave which began in the mid-1870s.
The end of the Napoleonic War and the subsequent rebound in trade led to an expansion in the bullion reserves held by the Bank of England, from a low of under 4 million pounds in 1821 to 14 million pounds by late 1824. Older innovations became routine parts of financial life during the 19th century.
The End of Organized Capitalism argues that--despite Marx's and Weber's insistence that capitalist societies become increasingly more ordered--we now live in an era of "disorganized...
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Later he concluded in the theory of ‘organized capitalism,’ thus, a state-controlled welfare system. Revolutionary socialism emerging during the first decades of twentieth century redefined contemporary capitalism as the higher or the ‘last’ stage of capitalism, otherwise called imperialism.
