Changing Models of Capitalism in Europe and the U.S.

Richard Deeg, Gregory Jackson

• Publisher: Routledge
• Year: 2016
• eBook ISBN: 9781317625629
• Edition: 1
• Topic: Politics & International Relations
• Subtopic: Politics
• Index: Politics & International Relations

The volume analyzes the long-term trajectories of change in the capitalist models of the UK, Germany, Sweden, France, Italy, Hungary, Slovakia, and the United States. The case studies identify critical junctures and key periods of change in order to show how institutions are shaped by different sets of socio-political compromises and public policy. The case studies follow a common methodology, comparing change and linkages across six core institutional domains, thus facilitating a comparative understanding of the patterns and drivers of institutional change, as well as how liberalisation impacts countries in similar and dissimilar ways. The historical perspective of the cases highlights the transformative effects of relatively slow and incremental changes. These case studies also make an innovative contribution to examining the linkages between four levels of institutions that regulate the economy – the international, macro (national), meso, and micro. The volume reveals both a common trend toward more liberal forms of capitalism but also variations on this overarching trajectory. Markets themselves create their own dynamics, which have varied effects on firms and other economic actors in historically diverse institutional contexts.

This book was originally published as a special issue of the Journal of European Public Policy.

Table of contents

• Cover
• Half Title
• Series
• Title Page
• Copyright
• Contents
• Citation Information
• 1. The long-term trajectories of institutional change in European capitalism
• 2. Like a phoenix from the ashes? Reassessing the transformation of the Swedish political economy since the 1970s
• 3. The trajectory of institutional change in Germany, 1979–2009
• 4. Changing French capitalism: political and systemic crises in France
• 5. From the Southern-European model to nowhere: the evolution of Italian capitalism, 1976–2011
• 6. The role of state in development of socio-economic models in Hungary and Slovakia: the case of industrial policy
• 7. Strategic transformation and muddling through: industrial relations and industrial training in the UK
• 8. The limits of liberalization? American capitalism at the crossroads
• Index