This volume examines why the 2008 financial crisis with the subsequent Great Recession did not foster a major institutional transformation of the capitalist market economy. It highlights the role of ideas and public discourse in explaining institutional stability and change in the wake of economic crises and other critical junctures. Examining legitimation discourse in four OECD countries (Germany, Switzerland, the United Kingdom and the United States) between 1998 and 2011, the contributions to the volume use different text-analytical methods to bring out the ideas that underpin affirmative and critical media discourse on the capitalist regime. Individual chapters focus on the contours and trajectories of legitimation discourse before and after the financial crisis, on the attribution of responsibility for the crisis, on the use of metaphors and narratives, and on the formation of discourse coalitions challenging the regime. Together, they show that the post-2008 legitimation crisis of the capitalist market economy did not result in its sustained delegitimation or in powerful new ideas that might have mobilized support for radical institutional change. The book will appeal to students and scholars of economic sociology, media studies and political science.

Why has global tax governance been politicized and how can we explain the varying intensity and content of public debates? This book offers an integrated theory of the politicization of international institutions and a detailed account of how the institutional design and policy output of tax governance by the EU and OECD have developed over time. Offering the first in-depth empirical analysis to compare politicization across international institutions, it blends institutionalist explanations that focus on the growing authority of international institutions, and sociological and political economy approaches that take into account domestic context. Exploring why and how international institutions have become increasingly contested in the 21st century, this book will be of particular interest to the scholars of the transfer of authority from the nation-state to international institutions, and the societal repercussions and political struggles that connect these processes. Researchers in the fields of political science, international relations, sociology, and political communication will also find it useful and insightful.

This book on the differentiated politicisation of European governance provides an overview of research on the growing salience of EU governance, polarisation of opinion and expansion of actors and audiences engaged in monitoring and influencing EU affairs in the national context. The contributors empirically map the diversity of these three core components of politicisation across countries, time and arenas. The chapters develop novel insights into the causes and consequence of this differentiated politicisation of European governance. Going beyond the current literature, the contributions disaggregate and examine politicisation processes among different sets of actors and on different objects using quantitative and qualitative methods leading to a differentiated picture of politicisation patterns across EU-member states and non-member states, such as Switzerland. They highlight the explanatory power of intermediating factors, like the institutional surrounding and country-specific economic and cultural conditions in addition to the transfer of political authority to the EU as the main driver of politicisation. This book was previously published as a special issue of West European Politics.

This book on the differentiated politicisation of European governance provides an overview of research on the growing salience of EU governance, polarisation of opinion and expansion of actors and audiences engaged in monitoring and influencing EU affairs in the national context. The contributors empirically map the diversity of these three core components of politicisation across countries, time and arenas. The chapters develop novel insights into the causes and consequence of this differentiated politicisation of European governance. Going beyond the current literature, the contributions disaggregate and examine politicisation processes among different sets of actors and on different objects using quantitative and qualitative methods leading to a differentiated picture of politicisation patterns across EU-member states and non-member states, such as Switzerland. They highlight the explanatory power of intermediating factors, like the institutional surrounding and country-specific economic and cultural conditions in addition to the transfer of political authority to the EU as the main driver of politicisation. This book was previously published as a special issue of West European Politics.

Why has global tax governance been politicized and how can we explain the varying intensity and content of public debates? This book offers an integrated theory of the politicization of international institutions and a detailed account of how the institutional design and policy output of tax governance by the EU and OECD have developed over time. Offering the first in-depth empirical analysis to compare politicization across international institutions, it blends institutionalist explanations that focus on the growing authority of international institutions, and sociological and political economy approaches that take into account domestic context. Exploring why and how international institutions have become increasingly contested in the 21st century, this book will be of particular interest to the scholars of the transfer of authority from the nation-state to international institutions, and the societal repercussions and political struggles that connect these processes. Researchers in the fields of political science, international relations, sociology, and political communication will also find it useful and insightful.