Debating Varieties of Capitalism

The Debating Varieties of Capitalism Reader is the perfect guide to understanding this set of ideas that have changed the way we look at comparative political economy.

Author: Bob Hancké

Publisher: OUP Oxford

ISBN: 0191570680

Category: Business & Economics

Page: 344

View: 875

Peter Hall and David Soskice's Varieties of Capitalism has become a seminal text and reference point across the social sciences, generating debate and research around political-economic models. Here, Bob Hancké presents the key readings on 'Varieties of Capitalism', including the original Hall and Soskice introduction, which encompass the key issues in the study of capitalism and capitalist diversity, its origins, and the debates that followed it. Beginning with the broad theoretical arguments around the idea of 'Varieties of Capitalism', the book then goes on to focus on specific empirical controversies, before finally considering recent attempts at rethinking this influential framework. The Debating Varieties of Capitalism Reader is the perfect guide to understanding this set of ideas that have changed the way we look at comparative political economy.

Beyond Varieties of Capitalism Conflict Contradictions and Complementarities in the European Economy

This book demonstrates that the VoC approach remains, as the editors put it in their introduction, a rich seam to mine, capable of accommodating new developments, and theoretically flexible enough to branch out into new arguments.

Author: Bob HanckéMartin Rhodes

Publisher: OUP Oxford

ISBN: 0199206481

Category: Political Science

Page: 448

View: 678

Since the early 1990s, Europe's economies have been facing several new challenges: the 1992 single market programme, the collapse of the Berlin wall and eastward enlargement, and monetary unification. Building on the influential Varieties of Capitalism (VoC) perspective, first elaborated in detail in the book Varieties of Capitalism (OUP, 2001), this book critically analyzes these developments in the European political economy and their effects on the continental Europeaneconomies.Leading political economists from Europe and the US debate how VoC can help understand the political-economic challenges that Europe is facing today and how understanding these new challenges can in turn enrich and enhance the VoC perspective. Thematically, the contributions to this volume are organised in four sections:* how the macro-economics of EMU influenced different European models of capitalism,* how the Single Market programme was received in the different institutional regimes in European capitalism,* how welfare and labour market reforms are debated and implemented,* how European capitalism travelled east after 1989.Preceding this is a spirited defence of the VoC approach by Peter Hall, and an introduction from the volume editors, considering the approach, and proposing extensions and amendments. This book demonstrates that the VoC approach remains, as the editors put it in their introduction, a rich seam to mine, capable of accommodating new developments, and theoretically flexible enough to branch out into new arguments.

Intelligent Research Design

This book offers advice to doctoral researchers and graduate and advanced undergraduate students on how to embark on their research.

Author: Bob Hancké

Publisher: OUP Oxford

ISBN: 0191570990

Category: Psychology

Page: 158

View: 822

This book offers advice to doctoral researchers and graduate and advanced undergraduate students on how to embark on their research. Based on a decade of teaching early-stage researchers in the social sciences at the LSE and other universities, and written with the central problems of beginning researchers in mind, Bob Hancké guides them through the process of thinking about the links between theory, cases and data, and to do so in a way that helps to turn their initial plausible ideas into convincing arguments. This lively book, deliberately jargon-free and with a hands-on, pragmatic approach to research design, addresses the problems that research students face - or ignore, often at their peril - in the course of their first few years. Its central message is that research is a complex and iterative process in which researchers construct every relevant part of their project with one goal in mind: make a persuasive point. They define the question they ask and the debate they engage, construct their cases and data to answer that question, and write it up as an argument that brings out the strengths of their research design. It addresses such key issues as statistical versus configurational approaches, time in social science research, different types of case studies and comparative research, and a critical approach to data. The Appendix gives tips on presenting and discussing papers, and on crafting research proposals.

Varieties of Capitalism and Europeanization

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.

Author: Georg Menz

Publisher: OUP Oxford

ISBN: 019156415X

Category: Political Science

Page: 304

View: 801

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 the resilience 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 liberalization of 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 transnational posting 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 trade unions 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 capable of 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 deficiencies trade 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 in comparative 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 European liberalization.

The Future of Capitalism After the Financial Crisis

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.

Author: Richard Westra

Publisher: Routledge

ISBN: 1317935535

Category: Business & Economics

Page: 232

View: 203

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.

Varieties of Capitalism and Business History

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?

Author: Keetie E. Sluyterman

Publisher: Routledge

ISBN: 1317665317

Category: Business & Economics

Page: 232

View: 722

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?

Beyond Varieties of Capitalism

This book demonstrates that the VoC approach remains, as the editors put it in their introduction, a rich seam to mine, capable of accommodating new developments, and theoretically flexible enough to produce new and innovative hypotheses ...

Author: Bob Hancké

Publisher: OUP Oxford

ISBN: 0191525685

Category: Business & Economics

Page: 448

View: 170

Since the early 1990s, Europe's economies have been facing several new challenges: the single market programme, the collapse of the Berlin wall and eastward enlargement, and monetary unification. Building on the influential Varieties of Capitalism (VoC) perspective, first elaboarted in detail in the book Varieties of Capitalism (OUP, 2001), this book critically analyzes these developments in the European political economy and their effects on the continental European economies. Leading political economists from Europe and the US debate how VoC can help understand the political-economic challenges that Europe is facing today and how understanding these new challenges can in turn enrich and enhance the VoC perspective. Thematically, the contributions to this volume are organised in four sections: * how the macro-economics of EMU have influenced different European models of capitalism, * how the Single Market programme was received in the different institutional regimes in European capitalism, * how welfare and labour market reforms are debated and implemented, * how European capitalism travelled east after 1989. Preceding this is a spirited defence of the VoC approach by Peter Hall, and an introduction from the volume editors, considering the approach, and proposing extensions and amendments. This book demonstrates that the VoC approach remains, as the editors put it in their introduction, a rich seam to mine, capable of accommodating new developments, and theoretically flexible enough to produce new and innovative hypotheses and arguments.

Globalization and Varieties of Capitalism

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 ...

Author: D. Coffey

Publisher: Springer

ISBN: 0230244602

Category: Political Science

Page: 188

View: 963

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.

Culture and Consensus in European Varieties of Capitalism

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 ...

Author: I. Bruff

Publisher: Springer

ISBN: 0230583431

Category: Political Science

Page: 195

View: 341

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.

The Effects of Political Institutions on Varieties of Capitalism

This book has contributed to the comparative capitalism literature in three major ways. ... debate. In B. Hancké (Ed.), Debating varieties of capitalism. Oxford: Oxford University Press. Hancké, B. (Ed.). (2009b). Debating varieties of ...

Author: Matthew P. Arsenault

Publisher: Springer

ISBN: 331950892X

Category: Political Science

Page: 204

View: 148

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.