his monograph on the concept of capitalism is the intellectual core of a larger work, entitled Capitalism, Its Origins and Evolution as Ta System of Governance, due for publication November 2009.
This book rejects the simple equation of capitalism with markets in favor of a three-level system -- a model that recognizes markets are administered by regulators through institutions, and governed by a political authority with the power to regulate behavior, punish transgressors, and redesign institutions.
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