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Capitalism and Cycles

Even though here in the Berkshires we are experiencing an uncommonly mild winter, we still can yearn to get away from it all. Some of us might dream of a beach in the Bahamas, while others bewail the lack of snow and opportunities to ski. Perhaps we should send the latter off to Davos, Switzerland, where the World Economic Forum (WEF) is holding its annual meeting.

David Christian, author of This Fleeting World and an editor and contributor to the Berkshire Encyclopedia of World History, Second Edition will be a panelist, and blogs about it here and here. David Christian will be contributing an article on one of the subjects that he will be discussing at Davos, “Collective Learning,” to the upcoming tenth volume of the Berkshire Encyclopedia of Sustainability, The Future of Sustainability.

This article from the BBC shows that the subject of capitalism will definitely be on the menu this year. The official theme is “The Great Transformation: Shaping New Models.”   Klaus Schwab, WEF founder, recently said that “capitalism, in its current form, no longer fits the world around us. We have failed to learn the lessons from the financial crisis of 2009.”

We will leave these world leaders, scholars, and entrepreneurs to their discussions (and their après-ski entertainment), but to aid in our own understanding we offer the following free articles from the Berkshire Encyclopedia of World History, Second Edition:

Capitalism” by Jack A. Goldstone

Economic Cycles” by William H. McNeill

The Berkshire Encyclopedia of World History, Second Edition was one of Choice’s Outstanding Academic Titles for 2011. Click here to order online now.

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