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Palgrave Macmillan

Capitalism and the Dark Forces of Time and Ignorance

Economic and Political Expectations

  • Book
  • © 2021

Overview

Authors:
  1. David Harrison

    1. Sevenoaks, UK

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  • Explains how the economics of capitalism is connected to the growth of human knowledge and the scientific method of foreseeing the future

  • Links the collapse in expectations of the future in a financial crisis to the political crises which ensue

  • Updates Keynes’s writings from before the war to the modern, post-Bretton Woods, world

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Table of contents (10 chapters)

  1. Front Matter

    Pages i-ix
    Download chapter PDF

  2. Living in Truth

    • David Harrison
    Pages 1-21

  3. After the Fall

    • David Harrison
    Pages 23-37

  4. The Medium Is (Still) the Message

    • David Harrison
    Pages 39-48

  5. What Do You Expect?

    • David Harrison
    Pages 49-61

  6. Possibilities, Probabilities, and Propensities

    • David Harrison
    Pages 63-74

  7. The Best and the Brightest

    • David Harrison
    Pages 75-90

  8. Bretton Woods Revisited

    • David Harrison
    Pages 91-101

  9. Selling England by the Pound

    • David Harrison
    Pages 103-116

  10. Tomorrow Without Fear

    • David Harrison
    Pages 117-132

  11. Out of Darkness

    • David Harrison
    Pages 133-145

  12. Back Matter

    Pages 147-149
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Keywords

About this book

This book explores the role of expectations within the modern capitalist system. Through looking at how they are formed and develop, the impact of events that lead to a collapse in expectations, such as a major financial crisis, is examined to highlight the precarious and unstable nature of the economic system. With a particular focus on the UK and USA, it is also considered how public policy and institutions can shift the balance away from speculation and back towards enterprise.

This book aims to conceptualise instability and highlight how economic and regulatory policy can limit it. It will be relevant to researchers and policymakers interested in economic policy and regulatory reform.

Authors and Affiliations

  • Sevenoaks, UK

    David Harrison

About the author

David Harrison is a former diplomat and Legal Director at DAC Beachcroft LLP.

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