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Imbalance - Germany's Political Economy after the Social Democratic Century (Hardcover)
Loot Price: R3,893
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Imbalance - Germany's Political Economy after the Social Democratic Century (Hardcover)
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Germany is a central case for research on comparative political
economy, which has inspired theorizing on national differences and
historical trajectories. This book assesses Germany's political
economy after the end of the "social democratic" 20th century to
rethink its dominant properties and create new opportunities for
using the country as a powerful lens into the evolution of
democratic capitalism. Documenting large-scale changes and new
tensions in the welfare state, company strategies, interest
intermediation, and macroeconomic governance, the volume makes the
case for analysing contemporary Germany through the politics of
imbalance rather than the long-standing paradigm of institutional
stability. This conceptual reorientation around inequalities and
disparities provides much-needed traction for clarifying the causal
dynamics that govern ongoing processes of institutional
recomposition. Delving into the politics of imbalance, the volume
explicates the systemic properties of capitalism, multivalent
policy feedback, and the organizational foundations of creative
adjustment as key vantage points for understanding new forms of
distributional conflict within and beyond Germany. The chapters in
this book were originally published as a special issue of German
Politics.
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