Understanding Capitalism: Competition, Command, and Change

Understanding Capitalism 3e provides an introduction to economics with extensive attention to the global economy, inequality, the information revolution, the exercise of power and the historical evolution of economic institutions and individual preferences. Its three dimensional approach focuses on competition in markets, command in firms, governments and international relations, and change as a permanent feature of a capitalist economy promoted by technical innovation andconflict over the distribution of income.Richard Edwards is the author of 'Understanding Capitalism: Competition, Command, and Change', published 2005 under ISBN 9780195138641 and ISBN 0195138643.