Debating Varieties of Capitalism

A Reader

Author: Bob Hancké

Publisher: Oxford University Press on Demand

ISBN: 0199569673

Category: Business & Economics

Page: 334

View: 2892

Hall and Soskice's Varieties of Capitalism (VoC) has become a seminal text across the social sciences in the debate about political-economic models. Here, Bob Hancké presents the key readings on VoC, including the original Hall and Soskice introduction, showing how these ideas have changed the way we look at comparative political economy.
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Varieties of Capitalism und Innovationssysteme

Nationale Muster institutioneller Strategien im Kontext der Globalisierung

Author: Daniel Heinrich

Publisher: Springer-Verlag

ISBN: 3531195301

Category: Social Science

Page: 250

View: 6094

Daniel Heinrich analysiert den Ansatz der Varieties of Capitalism (VoC) aus der politischen Ökonomie sowie institutionelle Unterschiede in nationalen Innovationssystemen. Er entwickelt ein Modell institutioneller Hierarchien, das die Funktion hat, institutionellen Wandel in Marktökonomien anzupassen und zu endogenisieren. Im Ergebnis erweisen sich Innovationssysteme liberaler Marktökonomien (Angelsächsische Länder) als abhängig vom militärisch-industriellen Komplex, während koordinierte Marktökonomien (kontinentales Westeuropa) vom Humankapital profitieren.
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Klassiker der Sozialwissenschaften

100 Schlüsselwerke im Portrait

Author: Samuel Salzborn

Publisher: Springer-Verlag

ISBN: 3658132132

Category: Social Science

Page: 430

View: 801

Der vorliegende Band stellt 100 zentrale Titel vor und liefert einerseits Stichworte zu Leben und Gesamtwerk der AutorInnen, legt andererseits den zentralen Fokus auf das Schlüsselwerk, dessen Titel man in jedem Studium hören wird, der als geflügeltes Wort durch die Feuilletons geistert und zahlreiche Reden schmückt. Es gibt sozialwissenschaftliche Werke, die muss man kennen: egal, ob man Soziologie oder Politikwissenschaft, Sozialpsychologie, Ethnologie, Erziehungswissenschaft oder Geschlechterforschung studiert oder sich für sozialwissenschaftliche Fragestellungen aus dem Blickwinkel affiner Fächer wie Geschichte, Rechtswissenschaft oder Philosophie interessiert. Der Band soll die (Lese-)Lust an den sozialwissenschaftlichen Klassikern (neu) wecken und „Appetit“ auf das Gesamtwerk einzelner AutorInnen machen.​
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The Future of Capitalism After the Financial Crisis

The Varieties of Capitalism Debate in the Age of Austerity

Author: Richard Westra,Dennis Badeen,Robert Albritton

Publisher: Routledge

ISBN: 1317935535

Category: Business & Economics

Page: 232

View: 7630

The Future of Capitalism After the Financial Crisis: The Varieties of Capitalism Debate in the Age of Austerity contains thirteen world leading political economists writing from within eight different countries who critically analyze the current crisis tendencies of capitalism both globally and in particular countries. Given the likelihood of an increasingly crisis prone future for capitalism, it is important not only to rethink capitalism in its current manifestations or varieties. It is also important to rethink research methods and conceptual frameworks in preparation for understanding an increasingly rocky future in which capitalism itself could go the way of the many species that in the past were endangered only to become extinct. More and more titles of books and articles are suggesting that capitalism or perhaps civilization itself is endangered if we do not make radical changes in the near future. This book breaks with academic path dependency and attempts to open new vistas of political economy and of multidisciplinary analysis that are crucially important if our thought processes are to be effective in a world in jeopardy. ? The varieties of capitalism (VoC) debate itself came into being as the Soviet Union unraveled. It drew in scholarship from a cross-section of Marxian and heterodox political economy. The key argument of VoC was that if capitalism was the only global option then those on the Left must get involved in policy discussions on how capitalist economies can be fashioned to become competitive as well as progressive. However, the financial crisis has seen policy across the advanced economies veer toward competitiveness coupled with austerity. The lesson for the Left is that alternatives to capitalism must be sought in the here and now.
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The Effects of Political Institutions on Varieties of Capitalism

Author: Matthew P. Arsenault

Publisher: Springer

ISBN: 331950892X

Category: Business & Economics

Page: 204

View: 3810

This book identifies and explores the mechanisms linking political institutions and variation in capitalist systems. A strong correlation exists between varieties of political regimes and varieties of capitalism: majoritarian political regimes are correlated with liberal market economies (LMEs) and consensus political regimes are correlated with coordinated market economies (CMEs). Still, correlation is not causation. Empirical findings illustrate that partisanship and policy legacies, the number of political parties, electoral rules, and constitutional constraints are significant indicators of LMEs and CMEs. Arsenault finds that majoritarian institutions create an environment of adversarial politics and strong competition between actors, which makes credible commitment to nonmarket coordination mechanisms unlikely. Consensus institutions, on the other hand, promote an atmosphere of cooperation and coordination between actors, thus encouraging credible commitment to nonmarket coordination mechanisms. Qualitative case studies of Germany, Britain, and New Zealand confirm the quantitative findings and suggest that political regimes were instrumental in shaping the economic adjustment paths of these countries during the era of liberalization in the 1980s.
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Varieties of Capitalism in Asia

Beyond the Developmental State

Author: David Hundt,Jitendra Uttam

Publisher: Springer

ISBN: 1349589748

Category: Political Science

Page: 283

View: 5605

This book devises an innovative new way of explaining how socioeconomic orders shape capitalism in Asia. Hundt and Uttam go beyond both the ‘varieties of capitalism’ approach, which is mainly used to analyse Western capitalism, and the 'developmental state' thesis, which is the primary framework for analysing capitalism in Asia, and propose a new and innovative approach to the emergence of capitalist systems. Rather than focusing solely or predominantly on the state, they argue, it is necessary to bring society back in to an analysis of capitalism. The authors apply this approach to case studies from across the region: Japan; South Korea and Taiwan; Hong Kong and Singapore; Malaysia and Thailand; and India and China. This volume will appeal to historians, political scientists and economists, as well as policymakers, who are interested in the transformation of the Asian region since World War II.
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Varieties of Capitalism and Business History

The Dutch Case

Author: Keetie E. Sluyterman

Publisher: Routledge

ISBN: 1317665325

Category: Business & Economics

Page: 232

View: 4479

The financial crisis of 2008 brought new urgency to the question how best to organise national economies. This volume gives a business history perspective on the Varieties of Capitalism debate and considers the respective merits of the liberal and coordinated market economies. It looks at individual firms and business people as well as institutions and takes a long-term perspective by covering the whole 20th century. The authors examine both continuity and change with a particular focus on the Netherlands, a nation with an open economy, situated between two countries that oppose each other in the way they organize their economies: Germany and Great Britain. The Netherlands also provides an important case study with Dutch business maintaining strong links to the United States, widely considered to be the ‘typical’ liberal market economy. Contributors address the main topics of the capitalism debate, including labour relations, corporate governance, the firm and its leaders, coordination between firms, innovation, multinationals as agents of change, and economic performance. They show that the Netherlands moved from a mostly liberal market economy before 1914 towards a coordinated market economy from the 1930s onwards, and – up to a certain extent – back again to a more liberal market economy. Under both varieties of capitalism the country experienced economic growth and stagnation, but a more equal division of wealth occurred in the coordinated market economy only. Wars and international economic crises offered moments for revaluation and changes of tack. This book raises questions for every country around the globe: How is change being brought about? Can one see different results from a liberal or a more coordinated market economy? And most critically: which system is more effective in bringing prosperity and enabling enough people to share in the wealth?
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Spielarten des akademischen Kapitalismus

Hochschulsysteme im internationalen Vergleich

Author: Michael Hölscher

Publisher: Springer-Verlag

ISBN: 3658109629

Category: Social Science

Page: 419

View: 362

Die international vergleichende Hochschulforschung liefert sehr detaillierte Länderberichte und -vergleiche, ist dabei aber häufig etwas theoriearm. Das Buch zeigt auf, dass der theoretische Ansatz der Varieties of Capitalism (VoC, deutsch: Spielarten des Kapitalismus) eine geeignete Heuristik darstellt, um empirisch zu beobachtende Unterschiede in den Hochschulsystemen konsistent zu erklären. So zeigen sich etwa die erwartbaren Unterschiede zwischen koordinierten und liberalen Marktwirtschaften in der Hochschullehre, bei den Kompetenzen der Absolventen und bei der Privatisierung. Mit der Anwendung auf den Hochschulbereich bietet das Buch gleichzeitig den ersten umfassenden empirischen Test für die Brauchbarkeit des VoC-Ansatzes in einem hoch relevanten, aber bisher unterbelichteten Bereich.
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Gekaufte Zeit

Die vertagte Krise des demokratischen Kapitalismus

Author: Wolfgang Streeck

Publisher: Suhrkamp Verlag

ISBN: 3518731726

Category: Political Science

Page: 351

View: 4703

Wolfgang Streeck legt in seinen Frankfurter Adorno-Vorlesungen die Wurzeln der gegenwärtigen Finanz-, Fiskal- und Wirtschaftskrise frei, indem er sie als Moment der langen neoliberalen Transformation des Nachkriegskapitalismus beschreibt. Er analysiert, wie sich die Spannung zwischen Demokratie und Kapitalismus über vier Jahrzehnte entfaltet hat und welche Konflikte daraus resultierten. Schließlich beleuchtet er den Umbau des europäischen Staatensystems und fragt nach den Aussichten für eine Wiederherstellung sozialer und wirtschaftlicher Stabilität. Im neuen Nachwort zur Taschenbuchausgabe zieht er eine erste Bilanz.
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Varieties of Innovation Systems

The Governance of Knowledge Transfer in Europe

Author: Michael Ortiz

Publisher: Campus Verlag

ISBN: 3593398982

Category: Social Science

Page: 507

View: 9734

Investigates the governance structures and mechanisms of knowledge and technology transfer in the context of innovation and production systems in six regions of Europe. With analyses of strengths and weaknesses, barriers, and shortcomings, this book identifies best practice models and policy recommendations for the investigated regions.
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Varieties of Capitalism and Europeanization

National Response Strategies to the Single European Market

Author: Georg Menz,Senior Lecturer in Political Economy Georg Menz

Publisher: Oxford University Press, USA

ISBN: 9780199273867

Category: Political Science

Page: 280

View: 4545

Europeanization has often been conceived as a top-down process, necessitating implementation and adjustment at the national level. However, Europeanization can also be conditioned by bottom-up national initiatives. While recent endeavors in comparative political economy have emphasized theresilience of coordinated market economies, few detailed empirical studies have examined to date exactly how different European systems of political-economic governance cope with and respond to an European impetus for liberalization. This original study of the impact of the EU-induced liberalizationof service provision on member states argues that innovative national re-regulatory strategies may be implemented in response to Europeanization. In permitting any company registered in an EU member state to provide services throughout Europe, new possibilities were created for the transnationalposting of workers from low-wage to high-wage countries. However, high-wage countries could re-regulate the wage levels applicable to such employees. The exact nature of such response strategy is coloured by the respective institutional power that labour market interest associations like tradeunions and employer associations command. Therefore, different institutionalised varieties of capitalism generate distinct re-regulations of the Single European Market.Drawing on detailed case studies of ten European countries, this volume bridges the gap between the rapidly unfolding scholarly debate on Europeanization and varieties of capitalism. It argues that both strongly neocorporatist systems of political-economic governance and statist systems are capableof creating swift, comprehensive and thorough national re-regulations. This applies to Austria and France, but also Sweden, Denmark, Norway, Finland, Belgium, and Luxembourg. By contrast, countries with less strongly embedded neocorporatist structures, in which due to organizational deficienciestrade unions face difficulties blocking employer demands, create liberal response strategies, permitting a stratification of wage levels. Hence, both Germany and the Netherlands implemented liberal business-friendly re-regulations. The volume makes the case for important amendments to existing accounts of Europeanization and varieties of capitalism. Scholars of Europeanization need to incorporate bottom-up re-regulation into their conceptual framework, particularly in response to 'negative integration'. Recent strides incomparative political economy have placed great emphasis on continued divergence, yet this study suggests that even within the presumably unified group of 'non-liberal' coordinated market economies important institutional differences produce very distinct responses in the face of Europeanliberalization.
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Die unbarmherzige Revolution

Eine Geschichte des Kapitalismus

Author: Joyce Appleby

Publisher: Murmann Verlag DE

ISBN: 3867741603

Category: Political Science

Page: 600

View: 6341

In ihrer großen Geschichte des Kapitalismus erzählt Joyce Appleby die Geschichte unseres Wirtschaftssystems: von den großen Entdeckungen der Portugiesen, vom Sklavenhandel über die industrielle Revolution bis zur Globalisierung der Gegenwart, und beschreibt schließlich unsere ökonomische und auch kulturelle Identität, die so sehr vom Kapitalismus geprägt ist. Messerscharf seziert sie die guten und die schlechten Seiten des Kapitalismus und beschreibt, was der Kapitalismus mit den Menschen macht. Eine mitreißende Lektüre für alle, die von der "unbarmherzigen Revolution" profitieren oder an ihr verzweifeln.
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Varieties of Capitalism, Corporate Governance and Employees

Author: Shelley Marshall,Ian M. Ramsay,Richard Mitchell

Publisher: Academic Monographs

ISBN: 0522855482

Category: Capitalism

Page: 313

View: 4859

We live in a 'corporate world' in which powerful business corporations shape and influence the activities of nation states, their national economies and their social relations. But what is it that moulds the activities of the corporations themselves? Do some societies have 'styles' of regulation that enable corporations to operate freely in the pursuit of certain interests, where others are more constrained? And, if so, are Australian companies more inclined to pursue the financial interests of shareholders and owners at the expense of employees and creditors? Corporate governance may be guided in the pursuit of particular interests by many influences, including law, politics, capital and labour and other pressure groups. How these competing pressures balance out varies enormously from state to state. Bringing together the original research by lawyers, political economists and industrial relations scholars, Varieties of Capitalism, Corporate Governance and Employees is a first Australian contribution to these complex issues.
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Varieties of Liberalization and the New Politics of Social Solidarity

Author: Kathleen Thelen

Publisher: Cambridge University Press

ISBN: 1139992988

Category: Political Science

Page: N.A

View: 2230

This book examines contemporary changes in labor market institutions in the United States, Germany, Denmark, Sweden, and the Netherlands, focusing on developments in industrial relations, vocational education and training, and labor market policy. It finds that there are in fact distinct varieties of liberalization associated with very different distributive outcomes. Most scholarship equates liberal capitalism with inequality and coordinated capitalism with higher levels of social solidarity. However, this study explains why the institutions of coordinated capitalism and egalitarian capitalism coincided and complemented one another in the 'Golden Era' of postwar development in the 1950s and 1960s, and why they no longer do so. Contrary to the conventional wisdom, this study reveals that the successful defense of the institutions traditionally associated with coordinated capitalism has often been a recipe for increased inequality due to declining coverage and dualization. Conversely, it argues that some forms of labor market liberalization are perfectly compatible with continued high levels of social solidarity and indeed may be necessary to sustain it.
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Die Logik des kollektiven Handelns

Kollektivgüter und die Theorie der Gruppen

Author: Mancur Olson

Publisher: Mohr Siebeck

ISBN: 9783161485046

Category: Political Science

Page: 181

View: 1058

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Corporate Governance, Employee Voice, and Work Organization

Sustaining High-Road Jobs in the Automotive Supply Industry

Author: Inge Lippert,Tony Huzzard,Ulrich Jurgens,William Lazonick

Publisher: Oxford University Press, USA

ISBN: 0199681074

Category: Business & Economics

Page: 272

View: 4937

Corporate Governance, Employee Voice, and Work Organization explores the dynamic relations between corporate governance, employee voice, and the organization of work in the automotive supply industry. It reports on research undertaken in three countries--Germany, Sweden, and the United States--that has sought to explore and compare historical patterns of the relationships between changing governance regimes, voice, and work at plant level in an era of financialization. It also explores the prospects for high-road, sustainable jobs in the sector. Three detailed case histories from each of the countries are presented which contrast companies facing three different levels of exposure to capital markets: companies relatively sheltered from stock markets; companies that are highly exposed to them; and thirdly companies owned by private equity firms. This design allows for analysis not just across different national contexts but also within them, and questions the usefulness of the 'varieties of capitalism' appraoch in understanding these differences. The cases show that governance compromises matter, that is, that recognising the role of employee voice in corporate governance regimes is essential in any comparative analysis and understanding of corporate governance.
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Globalization and Varieties of Capitalism

New Labour, Economic Policy and the Abject State

Author: D. Coffey,C. Thornley

Publisher: Springer

ISBN: 0230244602

Category: Political Science

Page: 188

View: 9328

A study of Britain as a capitalism poised between American and European models, exploring themes of legitimation, denial and opportunism via a series of substantial case studies framed by a reinterpretation of Thatcherism's economic contexts and a critical assessment of New Labour.
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Culture and Consensus in European Varieties of Capitalism

A "Common Sense" Analysis

Author: I. Bruff

Publisher: Springer

ISBN: 0230583431

Category: Political Science

Page: 195

View: 3549

Using two milestones in the Dutch and German political economies - Wassenaar and Alliance for Jobs respectively - this book argues that Antonio Gramsci's 'common sense' provides us with the conceptual apparatus necessary for analysing the integral role played by culture and consensus in the trajectories of national capitalisms in Europe.
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Das Kapital im 21. Jahrhundert

Author: Thomas Piketty

Publisher: C.H.Beck

ISBN: 3406671322

Category: Business & Economics

Page: 816

View: 1489

Wie entstehen die Akkumulation und die Distribution von Kapital? Welche Dynamiken sind dafür maßgeblich? Fragen der langfristigen Evolution von Ungleichheit, der Konzentration von Wohlstand in wenigen Händen und nach den Chancen für ökonomisches Wachstum bilden den Kern der Politischen Ökonomie. Aber befriedigende Antworten darauf gab es bislang kaum, weil aussagekräftige Daten und eine überzeugende Theorie fehlten. In Das Kapital im 21. Jahrhundert analysiert Thomas Piketty ein beeindruckendes Datenmaterial aus 20 Ländern, zurückgehend bis ins 18. Jahrhundert, um auf dieser Basis die entscheidenden ökonomischen und sozialen Abläufe freizulegen. Seine Ergebnisse stellen die Debatte auf eine neue Grundlage und definieren zugleich die Agenda für das künftige Nachdenken über Wohlstand und Ungleichheit. Piketty zeigt uns, dass das ökonomische Wachstum in der Moderne und die Verbreitung des Wissens es uns ermöglicht haben, den Ungleichheiten in jenem apokalyptischen Ausmaß zu entgehen, das Karl Marx prophezeit hatte. Aber wir haben die Strukturen von Kapital und Ungleichheit andererseits nicht so tiefgreifend modifiziert, wie es in den prosperierenden Jahrzehnten nach dem Zweiten Weltkrieg den Anschein hatte. Der wichtigste Treiber der Ungleichheit – nämlich die Tendenz von Kapitalgewinnen, die Wachstumsrate zu übertreffen – droht heute extreme Ungleichheiten hervorzubringen, die am Ende auch den sozialen Frieden gefährden und unsere demokratischen Werte in Frage stellen. Doch ökonomische Trends sind keine Gottesurteile. Politisches Handeln hat gefährliche Ungleichheiten in der Vergangenheit korrigiert, so Piketty, und kann das auch wieder tun.
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The Oxford Handbook of Employment Relations

Author: Adrian Wilkinson,Geoffrey Wood,Richard Deeg

Publisher: OUP Oxford

ISBN: 0191651494

Category: Business & Economics

Page: 760

View: 4595

There have been numerous accounts exploring the relationship between institutions and firm practices. However, much of this literature tends to be located into distinct theoretical-traditional 'silos', such as national business systems, social systems of production, regulation theory, or varieties of capitalism, with limited dialogue between different approaches to enhance understanding of institutional effects. Again, evaluations of the relationship between institutions and employment relations have tended to be of the broad-brushstroke nature, often founded on macro-data, and with only limited attention being accorded to internal diversity and details of actual practice. The Handbook aims to fill this gap by bringing together an assembly of comprehensive and high quality chapters to enable understanding of changes in employment relations since the early 1970s. Theoretically-based chapters attempt to link varieties of capitalism, business systems, and different modes of regulation to the specific practice of employment relations, and offer a truly comparative treatment of the subject, providing frameworks and empirical evidence for understanding trends in employment relations in different parts of the world. Most notably, the Handbook seeks to incorporate at a theoretical level regulationist accounts and recent work that link bounded internal systemic diversity with change, and, at an applied level, a greater emphasis on recent applied evidence, specifically dealing with the employment contract, its implementation, and related questions of work organization. It will be useful to academics and students of industrial relations, political economy, and management.
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