Debating Varieties Of Capitalism

Hall and Soskice's Varieties of Capitalism (VoC) has become a seminal text across the social sciences in the debate about political-economic models. Here, Bob Hancké presents the key readings on VoC, including the original Hall and Soskice introduction, showing how these ideas have changed the way we look at comparative political economy.

Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.

This book explores new forms of popular organisation that emerged from strikes in India and Brazil between 2011 and 2014. Based on four case studies, the author traces the alliances and relations that strikers developed during their mobilisations with other popular actors such as students, indigenous peoples, and people displaced by dam projects. The study locates the mass strikes in Brazil’s construction industry and India’s automobile industry in a global conjuncture of protest movements, and develops a new theory of strikes that can take account of the manifold ways in which labour unrest is embedded in local communities and regional networks. “Jörg Nowak has written an ambitious, wide-ranging and very important book. Based on extensive empirical research in Brazil and India and a thorough analysis of the secondary literature, Nowak reveals that numerous labour conflicts develop in the absence of trade unions, but with the support of kinship networks, local communities, social movements and other types of associations. This impressive work may well become a major building block for a new interpretation of global workers’ struggles.” —Marcel van der Linden, International Institute of Social History, The Netherlands “Nowak’s book meticulously details the trajectory of strikes and its resultant new forms of organisations in India and Brazil. The central focus of this analytically rich and thought provoking book is to search for a new political alternative model of organising workers. A very good deed indeed!” —Nandita Mondal, Tata Institute of Social Sciences, India “Jörg Nowak analyses with critical sense forms of popular organization that often remain invisible. It is an indispensable book for all those who are looking for more effective analytical resources to better understand the present situation and the future promises of the workers’ movements.” —Roberto Véras de Oliveira, Federal University of Paraíba, Brazil “In this timely and important study, Nowak convincingly challenges the dominant Eurocentric approach to labour conflict and calls for a new theory of strikes. He stresses the need to engage in a wider perspective that includes social reproduction, neighbourhood mobilisations, and the specific traditions of struggles in the Global South.” —Edward Webster, University of Witwatersrand, South Africa

Though the emerging sub-discipline of comparative political economy is now rich in studies of different advanced capitalisms, it still lacks a systematic consideration of the organizing frameworks and methodologies underpinning those studies. This definitive volume outlines the two great debates currently shaping the analysis of advanced capitalism. It makes the case for a greater awareness of underlying theoretical issues in the design of empirical research, and demonstrates the value of exploring the interconnections between competing intellectual approaches.

This book represents the first discussion from a political science perspective of the concept of Multiple Modernities in three dimensions. First taking stock of the discussions of the concept itself, the book then connects the concept to more recently developed analytical and normative concepts that concretize it, before finally opening up a discussion about its implications and consequences for the political dimension. Written by outstanding scholars in the field, the book addresses four principal concepts – Good Society, Good Governance, Human Security and Varieties of Capitalism. It determines whether and to what degree these concepts enable us to discover the commonalities and differences that distinguish the emerging multiple modernities in our time with respect to their political implications and consequences. This text will be of key interest to scholars and students of political theory, political economy, international relations, comparative politics and sociology.

Over the past twenty years there has emerged a compelling new discourse on varieties of capitalism. That discourse has an appealing common sense which challenges the view there is no alternative to free market capitalism. The initial view had a microeconomic focus that made firms the fulcrum of analysis. It distinguished between liberal market and coordinated market economies. Subsequently, there has emerged a second-generation literature which adopts a macroeconomic perspective that emphasizes differences in drivers of growth. This book provides a collection of essays that engage those second-generation concerns and questions.

This volume analyses developments in East Asian capitalism since the 1980s, focussing on three main areas: business systems, financial structures, and labour markets.

It is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism, in turn explaining rising inequality and mounting populism. This book, written by two of the world's leading political economists, argues this view is wrong: advanced democracies are resilient, and their enduring historical relationship with capitalism has been mutually beneficial. For all the chaos and upheaval over the past century--major wars, economic crises, massive social change, and technological revolutions--Torben Iversen and David Soskice show how democratic states continuously reinvent their economies through massive public investment in research and education, by imposing competitive product markets and cooperation in the workplace, and by securing macroeconomic discipline as the preconditions for innovation and the promotion of the advanced sectors of the economy. Critically, this investment has generated vast numbers of well-paying jobs for the middle classes and their children, focusing the aims of aspirational families, and in turn providing electoral support for parties. Gains at the top have also been shared with the middle (though not the bottom) through a large welfare state. Contrary to the prevailing wisdom on globalization, advanced capitalism is neither footloose nor unconstrained: it thrives under democracy precisely because it cannot subvert it. Populism, inequality, and poverty are indeed great scourges of our time, but these are failures of democracy and must be solved by democracy.