With conceptualizing capitalism geoffrey m hodgson offers readers a more precise conceptual framework drawing on a new theoretical approach called legal institutionalism hodgson establishes that the most important factor in the emergence of capitalism but also among the most often overlooked is the constitutive role of law and the state. Conceptualizing capitalism institutions evolution future winner of the 2014 schumpeter prize awarded by the international joseph a schumpeter society published by university of chicago press in august 2015 now available in paperback it is a must read not only for economists but also for social scientists in general. If you like conceptualizing capitalism institutions evolution future 2015 you might be interested in conscious capitalism liberating the heroic spirit of business 2014 a history of the world in seven cheap things a guide to capitalism nature and the future of the planet 2017. In conceptualizing capitalism institutions evolution future geoffrey m hodgson positions legal institutionalism at the heart of his analysis of capitalism by exploring the constitutive role that law and the state have played in the historical emergence of capitalist systems hodgson addresses a number of contemporary issues such as inequality
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