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Business leaders exert extraordinary influence on institution
building in market economies but they think and act within
institutional settings. This book combines both an elite approach
with a varieties-of-capitalism approach. Comparing Poland, Hungary
and East and West Germany, we perceive the transformations in East
Central Europe and in Germany after 1989 as being intertwined.
Based on a joint survey, this book seeks to measure the level of
the convergence of ideas among European business leaders, assuming
it to be more extensive than the institutional convergence expected
under the dominance of neoliberal discourse. Analyzing the
institutional framework, organizational features like size,
ownership and labour relations, and subjective characteristics like
age, social origin, career patterns and attitudes of the recent
business elites, we found significant differences between countries
and the types of organization. The growing importance of economic
degrees and internationalization shows astonishingly little
explanatory power on the views of business leaders. The idea of a
coordinated market economy is still relatively widespread among
Germans, while their Hungarian and Polish counterparts are more
likely to display a minimalist view of corporate responsibility to
society and adverse attitudes towards employee representation.
However, their attitudes frequently tend to be inconsistent, which
mirrors the mixed type of capitalism in East Central Europe.
Business leaders exert extraordinary influence on institution
building in market economies but they think and act within
institutional settings. This book combines both an elite approach
with a varieties-of-capitalism approach. Comparing Poland, Hungary
and East and West Germany, we perceive the transformations in East
Central Europe and in Germany after 1989 as being intertwined.
Based on a joint survey, this book seeks to measure the level of
the convergence of ideas among European business leaders, assuming
it to be more extensive than the institutional convergence expected
under the dominance of neoliberal discourse. Analyzing the
institutional framework, organizational features like size,
ownership and labour relations, and subjective characteristics like
age, social origin, career patterns and attitudes of the recent
business elites, we found significant differences between countries
and the types of organization. The growing importance of economic
degrees and internationalization shows astonishingly little
explanatory power on the views of business leaders. The idea of a
coordinated market economy is still relatively widespread among
Germans, while their Hungarian and Polish counterparts are more
likely to display a minimalist view of corporate responsibility to
society and adverse attitudes towards employee representation.
However, their attitudes frequently tend to be inconsistent, which
mirrors the mixed type of capitalism in East Central Europe.
This book challenges the one-sided account of Poland as a
successful transition case, by exploring the huge social costs for
workers in terms of impoverishment and employment precarity. The
ambivalent role of the European Union in the economic restructuring
of Poland emerges through comparisons to earlier rounds of
restructuring of steel in Western Europe, Eastern Europe and other
parts of the world. By offering an exemplary case of multi-level
analysis, an in-depth case study and biographical research, Fallen
Heroes in Global Capitalism provides a compelling read on
postsocialism and the restructuring of the Polish steel industry.
Through the prism of 'Nowa Huta', a landmark of socialist
industrialization, Trappmann challenges the one-sided account of
Poland as a successful transition case and reveals the ambivalent
role of the European Union in economic restructuring. An exemplary,
suggestive case of multi-level analysis research.
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