The State and Capitalism

The State and Capitalism

Like all social formations, capitalism is not merely a Chinese puzzle in which all elements are of equal importance in locking together the whole. In capitalism as in other regimes, a central organizing principle and its institutions influence all aspects of the social formation, whether these be concerned with material life, justice and social order, or custom and belief. In primitive societies that organizing principle is kinship with its networks of reciprocity; in tributary societies it i...