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Re-Forming Capitalism - Institutional Change in the German Political Economy (Paperback)
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Re-Forming Capitalism - Institutional Change in the German Political Economy (Paperback)
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Wolfgang Streeck is a leading figure in comparative political
economy and institutional theory. In this book he addresses some of
the key issues in this field: the role 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, Bringing Capitalism Back
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 from a leading thinker and researcher in
comparative political economy and key reading across the social
sciences for academics, researchers, and advanced students of
Political Economy, Sociology, comparative business systems.
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