Selected Works of Michael Wallerstein: The Political Economy of Inequality, Unions, and Social Democracy

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Overview

Michael Wallerstein was a leader in developing a rigorous comparative political economy approach to understanding substantive issues of inequality, redistribution, and wage-determination. His early death from cancer left both a hole in the profession and a legacy that will surely provide the foundation for research on these topics. This volume collects his most important and influential contributions, organized by topic, with each topic preceded by an editorial introduction that provides overview and context.
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Editorial Reviews

From the Publisher
“Michael Wallerstein was one of the leading theorists of the political economy of income distribution. This collection of his writings reminds us that simple models can be enormously powerful when wielded with flair and imagination. The editors, through their introductory essays, have also done a wonderful job of placing his work in the broader intellectual context of the many areas where he contributed.”
Abhijit Banerjee, MIT

“Michael Wallerstein's work is unique and exemplary in the way it brings together analytical rigor and a deep understanding of class structure and class conflict. It is required reading for anyone who wants to understand the nature of modern capitalism and of social democracy.”
Jon Elster, Collège de France

“The papers collected here show that Michael Wallerstein was a central figure in the development of modern political economy. For a combination of attention to history and data, with the fruitful use of abstract models, he probably has no peer.”
John Roemer, Yale University

“A must-read for scholars and students of political economy in general, and labor relations, welfare states, and inequality in particular. The introductory essays by the editors, together with Wallerstein’s articles, provide a compelling synthesis of this vibrant field pioneered by Wallerstein and his co-authors.”
Elisabeth Jean Wood, Yale University and the Santa Fe Institute

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Product Details

Table of Contents

1 General Introduction Jeffry A. Frieden Frieden, Jeffry A. Adam Przeworski Przeworski, Adam 1

Pt. 1 Class Conflict, the State, and Economic Limits to Democracy

2 Introduction Adam Przeworski Przeworski, Adam 9

3 The Structure of Class Conflict in Democratic Capitalist Societies Adam Przeworski Przeworski, Adam Michael Wallerstein Wallerstein, Michael 18

4 Structural Dependence of the State on Capital Adam Przeworski Przeworski, Adam Michael Wallerstein Wallerstein, Michael 58

5 Capital Taxation With Open Borders Michael Wallerstein Wallerstein, Michael Adam Przeworski Przeworski, Adam 86

Pt. II The Politics ofLabor Organizations

6 Introduction Miriam A. Golden Golden, Miriam A. 109

7 Union Organization in Advanced Industrial Democracies Michael Wallerstein Wallerstein, Michael 116

8 Centralized Bargaining and Wage Restraint Michael Wallerstein Wallerstein, Michael 146

9 Postwar Trade-Union Organization and Industrial Relations in Twelve Countries Miriam A. Golden Golden, Miriam A. Michael Wallerstein Wallerstein, Michael Peter Lange Lange, Peter 173

10 Unions in Decline? What Has Changed and Vvhy Michael Wallerstein Wallerstein, Michael Bruce VVestern VVestern, Bruce 212

Pt. III Inequality and Redistribution

11 Ntroduction David Austen-Smith Austen-Smith, David 241

12 Wage-Setting Institutions and Pay Inequality in Advanced Industrial Societies Micbael Wallerstein Wallerstein, Micbael 250

13 Inequality, Social Insurance, and Redistribution Karl Ove Moene Moene, Karl Ove Michael Wallerstein Wallerstein, Michael 285

14 Redistribution and Affirmative Action David Austen-Smith Austen-Smith, David Michael Wallerstein Wallerstein, Michael 320

Pt. IV Labor andthe Nordic Model of Social Democracy

15 Introduction Karl Ove Moene Moene, Karl Ove 369

16 How Social Democracy Worked: Labor-Market Institutions Karl Ove Moene Moene, Karl Ove Michael Wallerstein Wallerstein, Michael 378

17 Earnings Inequality and Welfare Spending: A Disaggregated Analysis Karl Ove Moene Moene, Karl Ove Michael Wallerstein Wallerstein, Michael 409

18 Social Democracy as a Development Strategy Karl Ove Moene Moene, Karl Ove Michael Wallerstein Wallerstein, Michael 443

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