Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages
Carlota Perez presents an analysis of the relationship between technological revolutions and financial capital. The book explores how innovation can produce investment surges, bubbles, and crises, while also creating the conditions for broader economic transformation and potentially sustained periods of prosperity.
About This Book
Technological Revolutions and Financial Capital explores the relationship between major technological change and the financial systems that support it.
Carlota Perez examines how periods of innovation can generate investment booms, speculative bubbles, and financial crises.
The book focuses on the recurring dynamics that connect technological transformation with broader economic development.
It also considers how these cycles may lead toward periods of sustained prosperity, described as golden ages.
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