Technological Revolutions and Financial Capital
 Cover of the first edition (hardcover) | |
| Author | Carlota Perez |
|---|---|
| Country | United States |
| Language | English, Spanish 2004, Korean 2006, Chinese 2007, Russian 2010 |
| Genre | Non-fiction |
Publication date | April 2003 |
| Media type | Print (Paperback) & ebook |
| Pages | 224 pp |
| ISBN | 1843763311 |
Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages is a nonfiction book by Carlota Perez that seeks to academically treat the subject of financial bubbles in modern economies by analyzing the emergence of long term technology trends. The model articulated by Carlota Perez is applied to technology trends over the past three centuries with examples such as: the age of steam and railways, the age of steel and electricity, mass production and the automobile and the current information/knowledge society.[1][2]
Critical reviews
A Foreign Affairs review said "A broad-sweep 'think piece' in the Schumpeterian spirit, this book discusses the relationship between major technological innovations and financial booms and busts." [3]
An Economist article summarizes here work, "In her book, “Technological Revolutions and Financial Capital”, Ms Perez traces five boom-and-bust cycles of technological innovation: the industrial revolution; steam and railways; steel, electricity and heavy engineering; oil, cars and mass production; and information technology and telecommunications.[4]