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Fairness and Division of Labor in Market Societies - Comparison of U.S. and German Automotive Industries (Hardcover)
Loot Price: R2,738
Discovery Miles 27 380
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Fairness and Division of Labor in Market Societies - Comparison of U.S. and German Automotive Industries (Hardcover)
Series: Business History and Political Economy
Expected to ship within 12 - 17 working days
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Contrary to the explanations offered by the theory of
non-reflexive, path-dependent institutionalism, the U.S. and the
German automotive industries undertook strikingly similar patterns
of industry modification under tough international competition
during the 1990s, departing from their traditional national
patterns. By investigating the processes of the U.S. and German
adjustments, the author critically reconsiders the prevalent
paradigms of political economy and comes to the conclusion that the
evidence does not confirm the neoliberal paradigm. In order to
better account for the recomposition of new market relations, which
the author terms "converging but non-liberal" and "diverging but
not predetermined" markets, he proposes an alternative model of
"politics among reflexive agents," emphasizing different kinds of
problem-solving practices among those reflexive agents. He argues
that different forms and regimes of market are established in the
process of recomposition, in which agents reflect upon not only
market rationality but also upon their own institutions, creating
new norms.
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