Models of Capitalism: Growth and Stagnation in the Modern Era / Edition 1

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The contemporary debate on economic policy is dominated by the issue of 'which model of capitalism works best'.

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Editorial Reviews

From the Publisher
'A brilliantly comparative analysis of the contradictions thatbeset all the various capitalist models amidst globalization todayas well as of the mode of thinking that limits our perspective tochoosing among them. A must read for everyone doing work incomparative and international political economy, and for all thoseconcerned with finding a new way forward for labour movements andthe left.' Leo Panitch, Distinguished Research Professor ofPolitical Science, York University, Toronto

'This is a truly remarkable and phenomenally important book. Ican only marvel at the breadth of coverage, the prescience of theanalysis and of the issues raised, the accessibility of the textand, above all, the depth and sophistication of the argument. In anage of sound-bite politics and, worse still, sound-bite politicalanalysis, this book is likely to become an enduring classic. Itclearly bears comparison with Shonfield's magisterial ModernCapitalism. In a way, rather like Shonfield's book, this issimply so good as to be accessible to a very wide audience.'Colin Hay, Department of Political Science and InternationalRelations, University of Birmingham

'Focusing on the US, UK, German, Japanese and Swedish economies,this very clearly written book examines the differences betweentheir economic and political and cultural systems and sets out toshow which of them worked best in the post-war era and the reasonsfor their comparative success or failure.' LabourResearch

'The empirical chapters represent a useful, accessible synthesisof research on economic growth from political scientists,economists, and sociologists. And the book certainly delivers onits promise of being a provocative contribution to the ongoingdiscourse of thinkers on the Left.' Political ScienceQuarterly

'The systematic arrangement of the book makes it accessible tonon-specialists ... Through its use of recent literature, the bookis also useful to business historians as a survey.' BusinessHistory

'Confused by the theoretical proliferation of the past decadewithin the economic social sciences? ... Coates' book will beuseful to those who are interested, challenged or just plainconfused by all the debates ... The book provides a conveniententry point into a range of debates, a detailed guide to thenuances within the literature, as well as a pointer to the broaderliterature about the relationship between economic regulatorysystems and the political economy of industrial relations in atransforming economic marketplace. It is well worth a look.' TheJournal of Industrial Relations

"...quite the best overview of recent debates in politicaleconomy that I have seen. I finally have a book I can assign in my"comparative capitalisms" course without flinching." ProfessorVivek Chibber, Sociology Department, New York University

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Product Details

  • ISBN-13: 9780745620596
  • Publisher: Wiley
  • Publication date: 4/17/2000
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 320
  • Sales rank: 353,298
  • Product dimensions: 6.00 (w) x 9.00 (h) x 0.67 (d)

Meet the Author

David Coates is Worrell Professor of Anglo-American Studies at Wake Forest University, Winston-Salem, North Carolina.

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Table of Contents


1. Capitalist Models and Economic Growth.

Part I: Capitalist Models: The Arguments: .

2. Liberal Capitalism: Retreat and Revival?.

3. 'Trust-Based' Capitalism: Revival and Retreat.

Part II: Capitalist Models: The Evidence: .

4. The Power of Organized Labour.

5. Education, Training and Culture.

6. The Organization of Capital in the Pursuit of Growth.

7. The State as an Element in the Growth Equation.

Part III: Conclusion: .

8. Capitalist Models and the Politics of the Left.

Appendix: Theories of Growth.



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