Is Capitalism Still Progressive?

"In his wide-ranging analysis of the history and perspectives of capitalism, Cosimo Perrotta displays at their best the pessimism of the intellect and the optimism of the will. Capitalism is a difficult beast, with many different varieties: a humane, civil capitalism requires complex strategies of intervention, and Perrotta's proposals deserve our full attention."

- Alessandro Roncaglia, Professor of Economics, University of Roma "La Sapienza"

The economic crisis of 2007/2008 has prompted much debate as to what caused it and what remedies may be implemented in order to regain a healthy economy. This book addresses these issues through the lens of capitalism with a focus on labour economics, arguing that capitalism, and the employment of young people and migrants, may be a suitable antidote to the ongoing political crises in Europe that are taking place as a result of the economic crisis.

Using economic history and the history of economic thought to inform debate, Is Capitalism Still Progressive?: A Historical Approach will be of interest to policy makers, students and researchers interested in exploring the pros and cons, and persistence, of the capitalist system.