Technological Revolutions and Financial Capital
Technological Revolutions and Financial Capital "Technological Revolutions and Financial Capital" presents a novel interpretation of the good and bad times in the economy, taking a long-term…
Specifikacia Technological Revolutions and Financial Capital
Technological Revolutions and Financial Capital
"Technological Revolutions and Financial Capital" presents a novel interpretation of the good and bad times in the economy, taking a long-term perspective and linking technology and finance in an original and convincing way. These findings are illustrated with examples from the past two centuries: the industrial revolution, the age of steam and railways, the age of steel and electricity, the emergence of mass production and automobiles, and the current information revolution/knowledge society. Carlota Perez draws upon Schumpeter's theories of the clustering of innovations to explain why each technological revolution gives rise to a paradigm shift and a "New Economy" and how these "opportunity explosions", focused on specific industries, also lead to the recurrence of financial bubbles and crises.
By analyzing the changing relationship between finance capital and production capital during the emergence, diffusion and assimilation of new technologies throughout the global economic system, this book sheds light on some of the most pressing economic problems of today.
Origins and Revolutions
States and Social Revolutions
Revolutions
Technological Society
Technological Singularity
Banking and Capital Markets 2023