Re-Forming Capitalism: Institutional Change in the German Political Economy

Re-Forming Capitalism: Institutional Change in the German Political Economy

by Wolfgang Streeck
     
 

Wolfgang Streeck has written extensively on comparative political economy and institutional theory. In this book he addresses some of the key issues in this field: the rote of history in institutional analysis, the dynamics of slow institutional change, the limitations of rational design and economic-functionalist explanations of institutional stability, and

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Overview

Wolfgang Streeck has written extensively on comparative political economy and institutional theory. In this book he addresses some of the key issues in this field: the rote of history in institutional analysis, the dynamics of slow institutional change, the limitations of rational design and economic-functionalist explanations of institutional stability, and the recurrent difficulties of restraining the effects of capitalism on social order.

In the classification of the 'Varieties of Capitalism' school, Germany has always been taken as the chief exemplar of a 'European', coordinated market economy. Streeck explores to what extent Germany actually conforms to this description. His argument is supported by original empirical research on wage-setting and wage structure, the organization of business and labor in business associations and trade unions, social policy, public finance, and corporate governance. From this evidence, Re-Forming Capitalism In traces the current liberalization of the postwar economy of democratic capitalism by means of an historically-grounded approach to institutional change.

This is an important book in comparative political economy and key reading across the social sciences for academics, researchers, and advanced students of Political Economy, Sociology, and comparative business systems.

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Product Details

ISBN-13:
9780199556779
Publisher:
Oxford University Press
Publication date:
02/28/2009
Edition description:
New Edition
Pages:
224
Product dimensions:
6.40(w) x 9.30(h) x 1.10(d)

Table of Contents

List of Figures

List of Tables

Pt. I Gradual Change: Five Sectoral Trajectories

Pt. II Systemic Change: Patterns and Causes

Pt. III Liberalization: Re-Forming Capitalism

Bibliography

Index

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