The Fundamental Institutions of Capitalism presents a radical institutional approach to the analysis of capitalism. Ernesto Screpanti puts forward a number of provocative arguments that expose common ground in both neoclassical and Marxist orthodoxies. It will appeal to a broad audience of social scientists including advanced students and professionals with an interest in politics and economics.
'This is a very important and well-researched book. It is a major attempt to address some serious analytical problems concerning the nature of the world in which we live. Its major contribution lies in its conceptual analysis of fundamental economic structures and relations of the modern world. Few other authors have addressed these issues in such depth as Screpanti. In this respect and more, it is a very welcome contribution. Its particular value lies in its detailed analysis of legal contracts, human agency and power relationships. Screpanti's contribution is to open up much of this territory. Appropriately, a wide range of material, from the work of Marxists, institutional economists, behavioural economists and other social theorists, is drawn upon. The book penetrates into areas where few other authors have ventured to explore'. - Geoffrey M. Hodgson Research Professor at the University of Hertfordshire; 'I enjoyed reading this work. It raises questions to which we do not seem to have answers'N - Professor Frank H. Hahn, University of Siena, Italy