Introduction

David Reisman

Chapter 1 in Conservative Capitalism, 1999, pp 1-14 from Palgrave Macmillan

Abstract: Abstract Capitalism looks forward: restless, dynamic, innovative, it treats permanent revolution as the norm and sleepy stasis as a problem to be solved. Conservatism looks backward: socialised, legitimised, embedded, it relies on established patterns for the specification of the self, on consensual standards for the rules of the game. Conservative capitalism is a mixed economic system which at one and the same time looks forward to the future and backward to the past. The duality is not a contradiction. It is a sine qua non. The conservative integument once burst asunder, stakeholders in the capitalist dream would be well advised to liquidate their assets and buy a gun.

Keywords: Capitalist System; Electoral College; Entrepreneurial Alertness; Marxian Tradition; Political Embeddedness (search for similar items in EconPapers)
Date: 1999
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DOI: 10.1057/9780333982785_1

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