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Capitalist democracies have always displayed considerable diversity in their key political and economic institutions, such as the organization of economic interest groups and private enterprises, the public sector and the welfare state, as well as political parties and social movements. This book asks whether the challenges of new technologies, citizens' preferences, and growing political and economic interdependence in the 1980s and 1990s force all polities to adopt similar institutional reforms. The authors argue that established arrangements have become difficult to sustain, but that countries choose unique trajectories of reform, not a common approach. The diversity among capitalist democracies persists in a new fashion.
Preface; Introduction; Part I. The International Setting for Political Economic Strategies: 1. The global economy, 'post-Fordism,' and trade policy in advanced capitalist states Timothy McKeown; 2. The internationalization of capital Beth Simmons; 3. The making of a polity: the struggle over European integration Liesbet Hooghe and Gary Marks; Part II.The Dynamics of Domestic Political Economies: 4. Divergent production regimes: coordinated and uncoordinated market economies in the 1980s and 1990s David Soskice; 5. The political economy of Europe in an era of interdependence Peter A. Hall; 6. The welfare state in hard times Evelyne Huber, and Leonard Ray; 7. Trade Union Organization and industrial relations in the postwar era in twelve countries Miriam Golden, Michael Wallerstein, and Peter Lange; 8. Social democratic labor market institutions: a retrospective analysis Karl Ove Moene and Michael Wallerstein; 9. The declining significance of male workers: Trade Union responses to changing labor markets Jytte Klausen; Part III. Political Economy and Democratic Competition: 10. Politics without class: postindustrial cleavages in Europe and America Gøsta Epsing-Andersen; 11. European social democracy between electoral competition and political economy Herbert Kitschelt; 12. Contemporary Christian democracy and the demise of the politics of mediation Kees van Kersbergen; 13. The political economy of neoliberalism: Britain and the United States in the 1980s Desmond King and Stewart Wood; 14. Movements of the left, movements of the right: putting the mobilization of social movements into political context Hans Peter Kriesi; Conclusion: 15. Convergence and divergence in advanced capitalist democracies Herbert Kitschelt, Peter Lange, Gary Marks, and John D. Stephens.