Book · 2003 · Business & Economics
Technological Revolutions and Financial Capital
Why people recommend it
Technological Revolutions and Financial Capital by C. Perez is an influential economic text examining the recurring relationship between major technological breakthroughs and financial bubbles. On The Diary Of A CEO with Steven Bartlett, economist Ben Felix recommended the book, praising the author and noting that she expertly documents this exact cyclical pattern throughout history. Felix utilized the book's framework to explain how financial capital interacts with new technological paradigms, driving initial mania, deployment, and eventual institutional assimilation. Perez argues that technological revolutions follow a predictable trajectory, profoundly reshaping economies and societies over decades. Felix highlighted these historical insights to provide listeners with a deeper understanding of macroeconomic trends, market bubbles, and the structural shifts that accompany profound innovations. The work remains a cornerstone for economists, investors, and financial analysts seeking to comprehend the long-term rhythms of capitalist development and the systemic impact of major technological transitions on global financial markets.
Who recommended it
- Ben Felix Recommended
Ben Felix — 2 mentions
“There's a great book by an economist named Carlota Perez. The book is Technological Revolutions and Financial Capital. And she documents this exact cycle throughout history”
“There's a great book by an economist named Carlota Perez. The book is Technological Revolutions and Financial Capital. And she documents this exact cycle throughout history”