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###-Book Description Begin-###
by Samuel Bowles (Author), Frank Roosevelt (Author), Richard Edwards (Author), Mehrene Larudee (Author)
Paperback: 592 pages
Publisher: Oxford University Press; 4 edition (October 20, 2017)
Language: English
ISBN-10: 019061093X
ISBN-13: 978-0190610937
Understanding Capitalism: Competition, Command, and Change, Fourth Edition, is an introduction to economics that explains how capitalism works, why it sometimes fails, and how it undergoes and brings about change. It discusses both the conventional economic model and the role of power in economic interactions. Understanding Capitalism analyzes how profit-seeking is a source of competition among firms, conflict, and change.