Political Economy of Modern Capitalism

Political Economy of Modern Capitalism : Mapping Convergence and Diversity

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Neoliberalism and deregulation have come to dominate national and international political economy. This major book addresses this convergence and analyzes the implications for the future of capitalist diversity. It considers important questions such as: Is the preference for free markets a well-founded response to intensified global competition? Does this mean that all advanced societies must all converge on an imitation of the United States? What are the implications for the institutional diversity of the advanced economies? Political Economy of Modern Capitalism provides a practical and informed analysis of the public policy choices facing governments and business around the world.show more

Product details

  • Paperback | 224 pages
  • 152 x 224 x 20mm | 358.34g
  • SAGE Publications Inc
  • Thousand Oaks, United States
  • English
  • 0761956530
  • 9780761956532
  • 1,401,660

Review quote

`The real jewels in the crown in this collection are the essays with which it opens and closes. The editorial introduction lays out the contemporary debate on capitalist models with a rare clarity. Susan Stange's conclusion takes the new institutionalism (including that of the editors) stridently and persuasively to task. A new generation of post-graduate students could, with value, begin their work on capitalist futures by reading this exchange' - Political Studies `A timely read. This is no polemic, but rather a thoughtful series of essays' - International Affairs ` This volume collects some of the best and most provocative studies of this genre. In particular, it includes the path-breaking contribution of Ronald Dore, "The Distinctiveness of Japan," Robert Boyer's comprehensive examination of "French Statism at the Crossroads," Wolfgang Streeck's powerfully detailed look at "German Capitalism: Does it Exist? Can it Survive?" Philip Cerny's convincing chapter "International Finance and Erosion of Capitalism: Or Will Divergence Persist Forever?" Those who teach or do research will find this compendium a handy tool to revisit seminar ideas, review important debates or just double-check references. The more ambitious will see this edited volume as essential reading navigating through the minefield of wildly exaggerated claims about globalization, footloose capital and the invulnerability of triumphant liberalism' - Canadian Journal of Political Scienceshow more

Table of contents

Preface To the Memory of Andrew ShonfieldIntroduction - Colin Crouch and Wolfgang Streeck The Future of Capitalist DiversityThe Distinctiveness of Japan - Ronald DoreGerman Capitalism - Wolfgang Streeck Does It Exist? Can It Survive?Between Neo-liberalism and the German Model - Jonas Pontusson Swedish Capitalism in TransitionFrench Statism at the Crossroads - Robert BoyerSocial Institutions and Production Structure - Marino Regini The Italian Variety of Capitalism in the 1980sThe UK 1979-1995 - Andrew Graham Myths and Realities of Conservative CapitalismThe Institutional Embeddedness of American Capitalism - Rogers HollingsworthFollowing the Collapse of Communism, Is There a Middle Way? - Jean-Paul FitoussiA Check to Enlightened Capitalism - Philippe d'IribarneInternational Finance and the Erosion of Capitalist Diversity - Philip G CernyThe Future of Global Capitalism; or, will Divergence Persist Forever? - Susan Strangeshow more

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