At a time when democratization and the state of democracy are at the forefront of attention in many parts of the world, this book examines the state-of-the-art on this vital political issue. Revisiting the now classical literature on neo-corporatism in light of current research and theory, the contributors illustrate the enormous influence of the 'neo-corporatist debate' on modern political science, political sociology, and political economy. Reflecting on a major part of the recent history of social science, they shed light on some of its current core concepts, such as governance, policy networks, and varieties of capitalism. The book traces the evolution of political conflicts concerning social order; from the class conflicts in Europe in the of 1970s Europe to the subsequent Latin American and Eastern European battles over democratization and democratic transition, to the debate on the 'democratic deficit' of the European Union. Paying tribute to the work of Philippe Schmitter, which bridges the themes discussed in the book and which has provided inspiration to an entire generation of social scientists, The Diversity of Democracy will be invaluable to academics, students and researchers with an interest in political science, democratic theory, European integration and the study of democratic transitions as well as Latin American and Eastern European studies.

This important book goes beyond generalizations and takes a hard-headed look at the real strengths and weaknesses of Keynesian demand management and supply side economics.Keynesianism has failed to reconcile high levels of competitiveness with full employment. This was confirmed in the 1980s by the performance of the UK, the US and West Germany. Sweeping de-regulation has not proved to be an adequate solution. The book shows how effective supply conditions could supplement Keynesian demand management to achieve sustainable levels of high employment. The measures advocated include a system of industrial relations which allows high wages and job security in return for acceptance of a high pace of technological and organizational change; the promotion of skill development as well as intra-firm training programmes; the formation and encouragement of co-operation between different regions. It is argued that the supportive institutions, coupled with effective demand policies would succeed in marrying high employment with internationally competitive production.

In the current period of globalization, Governing Interests presents new research on the impact of internationalization on the organization and representation of business interests through trade and employer associations. By exploring ongoing, gradual, but nevertheless profound changes in the structures and functions of business interest associations, the book develops a precise understanding of the relationship between the national and the international. Both conceptual and empirical, some papers included in this significant volume adopt a 'bird's eye view' of the topic, whilst others concentrate on individual industries or countries, and several, through examination and analysis, consider the effects on interest representation and the repercussions on effective governance. Contributed to and edited by leading academics, the diversity of research questions and methods used in this volume provide the reader with an excellent understanding of the subject and, importantly, caution against rash simplifications. Comprehensive and scholarly, this text will be of particular relevance to political scientists and sociologists.

In the current period of globalization, Governing Interests presents new research on the impact of internationalization on the organization and representation of business interests through trade and employer associations. By exploring ongoing, gradual, but nevertheless profound changes in the structures and functions of business interest associations, the book develops a precise understanding of the relationship between the national and the international. Both conceptual and empirical, some papers included in this significant volume adopt a 'bird's eye view' of the topic, whilst others concentrate on individual industries or countries, and several, through examination and analysis, consider the effects on interest representation and the repercussions on effective governance. Contributed to and edited by leading academics, the diversity of research questions and methods used in this volume provide the reader with an excellent understanding of the subject and, importantly, caution against rash simplifications. Comprehensive and scholarly, this text will be of particular relevance to political scientists and sociologists.

From the 1960s to the 1980s, observers gave the name "Model Germany" to the Federal Republic. They saw in Germany a political-economic "model" that was able to weather many economic challenges. "Model Germany" permitted political competition, while coordinating public policy among interest associations and private businesses so that changes would only take place only in a balanced and positive way.
Since the early 1990s this "German Model" has faced serious troubles. Authors in this book describe its disintegration in the past decade and probe into the causes of this. Articles argue that it is Germany's national and European integration that has triggered the model's unravelling.
These processes are paralleled by tendencies in public opinion, social life styles, and political mobilization in parties, interest groups, and social movements. The strains of "model Germany" show up in the transformation of industrial relations, corporate governance structures, and social and immigration policies in Germany.

From the acclaimed author of How Will Capitalism End? comes an omnibus of long-form critical essays engaging with leading economists and thinkers. Critical Encounters draws on Wolfgang Streeck's inimitable writing for the London Review of Books and New Left Review, among other publications. It opens with treatments of two contrasting historical eras - factory capitalism and financialization - and three of the world's major economies: the United States, France and Germany. Delving into the world of ideas, Streeck discusses the work of Quinn Slobodian, Mark Blyth, Jürgen Habermas and Perry Anderson. Finally, he zooms out to compare his home discipline of sociology to natural history, giving a remarkable and non-deterministic reading of Charles Darwin. In the preface, Streeck reflects on the art (or craft) of book reviewing and the continuing merits of the book form. Critical Encounters also includes a series of 'Letters from Europe', penned as the coronavirus descended upon the Continent.

After the devastation of World War II, Germany and Japan built national capitalist institutions that were remarkably successful in terms of national reconstruction and international competitiveness. Yet both "miracles" have since faltered, allowing U.S. capital and its institutional forms to establish global dominance. National varieties of capitalism are now under intense pressure to converge to the U.S. model. Kozo Yamamura and Wolfgang Streeck have gathered an international group of authors to examine the likelihood of convergence to determine whether the global forces of Anglo-American capitalism will give rise to a single, homogeneous capitalist system.

The chapters in this volume approach this question from five directions: international integration, technological innovation, labor relations and production systems, financial regimes and corporate governance, and domestic politics. In their introduction, Yamamura and Streeck summarize the crises of performance and confidence that have beset German and Japanese capitalism and revived the question of competitive convergence. The editors ask whether the two countries, confronted with the political and economic exigencies of technological revolution and economic internationalization, must abandon their distinctive institutions and the competitive advantages these have yielded in the past, or whether they can adapt and retain such institutions, thereby preserving the social cohesion and economic competitiveness of their societies."

The financial and economic crisis that began in 2008 still has the world on tenterhooks. The gravity of the situation is matched by a general paucity of understanding about what is happening and how it started. In this book, based on his 2012 Adorno Lectures given in Frankfurt, Wolfgang Streeck places the crisis in the context of the long neoliberal transformation of postwar capitalism that began in the 1970s. He analyses the subsequent tensions and conflicts involving states, governments, voters and capitalist interests, as expressed in inflation, public debt, and rising private indebtedness. Streeck traces the transformation of the tax state into a debt state, and from there into the consolidation state of today. At the centre of the analysis is the changing relationship between capitalism and democracy, in Europe and elsewhere, and the advancing immunization of the former against the latter. In this new edition, Streeck has added a substantial postface on the reception of the book and the unfolding of the crisis in the Eurozone since 2014.

Why was the rise of capitalism in Germany and Japan associated not with liberal institutions and democratic politics, but rather with statist controls and authoritarian rule? A stellar group of international scholars addresses this classic issue in political development. In The Origins of Nonliberal Capitalism, German sociologists and American and Japanese political scientists draw extensively on the work of economists and historians from their home countries, as well as from the United Kingdom and France.

The contributors discuss the potential disappearance, evolution, and reconstitution of nonliberal capitalism in Germany and Japan by analyzing its historical origins from two perspectives: the emergence and survival of nonliberal capitalism, and the causes of differences between the systems of Germany and Japan. They also outline the requirements for internally coherent national models of an embedded capitalist economy. The histories of German and Japanese capitalism demonstrate that capitalism's structural forms and functional relations evolve by means of different processes with different goals.

After the devastation of World War II, Germany and Japan built national capitalist institutions that were remarkably successful in terms of national reconstruction and international competitiveness. Yet both "miracles" have since faltered, allowing U.S. capital and its institutional forms to establish global dominance. National varieties of capitalism are now under intense pressure to converge to the U.S. model. Kozo Yamamura and Wolfgang Streeck have gathered an international group of authors to examine the likelihood of convergence to determine whether the global forces of Anglo-American capitalism will give rise to a single, homogeneous capitalist system.

The chapters in this volume approach this question from five directions: international integration, technological innovation, labor relations and production systems, financial regimes and corporate governance, and domestic politics. In their introduction, Yamamura and Streeck summarize the crises of performance and confidence that have beset German and Japanese capitalism and revived the question of competitive convergence. The editors ask whether the two countries, confronted with the political and economic exigencies of technological revolution and economic internationalization, must abandon their distinctive institutions and the competitive advantages these have yielded in the past, or whether they can adapt and retain such institutions, thereby preserving the social cohesion and economic competitiveness of their societies."

Neoliberalism and deregulation have come to dominate national and international political economy. This major book addresses this convergence and analyzes the implications for the future of capitalist diversity. It considers important questions such as: Is the preference for free markets a well-founded response to intensified global competition? Does this mean that all advanced societies must all converge on an imitation of the United States? What are the implications for the institutional diversity of the advanced economies?

Political Economy of Modern Capitalism provides a practical and informed analysis of the public policy choices facing governments and business around the world.

Modern capitalism, from neo-liberalism to deregulation, has come to dominate national and international political economy. This major book addresses this convergence and provides a comprehensive overview of the implications for future capitalist diversity. Leading international contributors consider important questions like: + Is the preference for free markets a well-founded response to intensified global competition? + Does this mean that all advanced societies must converge on an imitation of the United States? + What are the implications for the institutional diversity of the advanced economies? + How do we now evaluate the systems and institutions in East Asia? Political Economy and Modern Capitalism provides a practical and wide-ranging analysis of the public policy choices facing governments and business around the world. It will be invaluable reading for students and researchers of political economy, comparative politics, political science, political sociology, public policy, and administration.

Der Band soll durch theoretische und empirische Beitrage den Stand der Diskussion in der deutschen Politikwissenschaft seit den siebziger Jahren an aufgetretene neue Bedingungen und Fragestellungen heranfuhren. Insbesondere werden der Einfluss von Deregulierungspolitiken auf den Status von Interessenverbanden, die Lage verbandlicher Interessenvermittlung bei fortschreitender Internationalisierung von Wirtschaft und Politik sowie die Schwierigkeiten bei der Herausbildung von Verbandesystemen in den nachkommunistischen Transformationsgesellschaften behandelt

Soziologische Begriffe und soziale Wirklichkeit: zur begriGBPGBPIichen Grundlage soziologischer Theoriebildung Wenn Wissenschaft uns irgend etwas tiber die Welt mitteilen, wenn sie uns bei unserem Umgang mit der Welt von Nutzen sein 5011, mug sie irgendwo empirische Elemente enthalten ... Denn nur durch Erfahrung kiinnen wir etwas tiber die Welt lernen ... Es ist diese empirische Komponente, durch die sich die Wissenschaft von Phantasie unterscheidet (Abraham Kaplan, The Conduct of Inquiry, San Francisco 1964, S. 34GBP). Soziologie als empirische Wissenschaft Die moderne Soziologie ist eine Erfahrungswissenschaft. Fur den Soziolo- gen hangt der Wahrheitsgehalt einer Theorie ausschliel5lich davon ab, ob und inwieweit diese mit beobachtbaren und beobachteten Tatsachen uber- einstimmt. Hierdurch unterscheidet sich die Soziologie zum Beispiel von der Mathematik, in der es lediglich auf die logische Widerspruchsfreiheit von Aussagensystemen ankommt, nicht aber auf ihre Vereinbarkeit mit einer objektiven Wirklichkeit. Die wissenschaftsgeschichtliche Bedeutung der Soziologie grundet sich in erster Linie auf ihre erfahrungswissenschaftliche Komponente. Fruheren Formen des Denkens iiber soziale Zusammenhange war der Rekurs auf eine objektive Realitat als Entscheidungsinstanz uber die Gultigkeit von Theori- en versperrt; anders als die Soziologie waren sie angesichts von einander widersprechenden Theorien auf mehr oder weniger scholastische Argu- mentationstechniken angewiesen - insbesondere auf die Auslegung als au- toritativ anerkannter Schriften oder auf logische Ableitung aus fur wahr gehaltenen allgemeinen Pramissen. Dieser Zustand, der in den Naturwis- senschaften seit der Renaissance mehr oder weniger uberwunden war, ist in der Mitte des vergangenen Jahrhunderts durch die Entstehung der moder- nen Soziologie auch fur den Bereich der Gesellschaftswissenschaften been- detworden.

After years of ill health, capitalism is now in a critical condition. Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated. In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that the world is about to change. The marriage between democracy and capitalism, ill-suited partners brought together in the shadow of World War Two, is coming to an end. The regulatory institutions that once restrained the financial sector's excesses have collapsed and, after the final victory of capitalism at the end of the Cold War, there is no political agency capable of rolling back the liberalization of the markets. Ours has become a world defined by declining growth, oligarchic rule, a shrinking public sphere, institutional corruption and international anarchy, and no cure to these ills is at hand.

After years of ill health, capitalism is now in a critical condition. Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated. In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that the world is about to change. The marriage between democracy and capitalism, ill-suited partners brought together in the shadow of World War Two, is coming to an end. The regulatory institutions that once restrained the financial sector's excesses have collapsed and, after the final victory of capitalism at the end of the Cold War, there is no political agency capable of rolling back the liberalization of the markets. Ours has become a world defined by declining growth, oligarchic rule, a shrinking public sphere, institutional corruption and international anarchy, and no cure to these ills is at hand.

The financial crisis has disorientated the people of Europe, and beyond. Problems so large and complex as to be entirely unfathomable prompt measures that seem like emergency open heart surgery on the entire Western world - carried out without examining the patient's past medical history. We seem incapable of understanding what exactly is going on. In this book Wolfgang Streeck exposes the roots of the current financial, fiscal, and economic crisis, which he situates in the context of a long neoliberal transformation of post-war capitalism stretching back to the 1970s. Streeck analyses the way in which the tension between democracy and capitalism has unfolded over the course of the past four decades and the resulting conflicts between states, governments, voters, and the interests of capital. Finally, he shows how the European system of states has been remodelled from one based on taxation, via debt, to one based on consolidation, and he inquires into the prospects for the re- establishment of social and economic stability.Buying Time shows how at the root of our contemporary situation lies something which ought to trouble us deeply: the transformation of the relationship between democracy and capitalism, for democracy as we know it is on the way to being separated from capitalism and, in the interests of the latter, being reduced to a combination of the rule of law with public entertainment.

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.

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.

Debates surrounding institutional change have become increasingly central to Political Science, Management Studies, and Sociology, opposing the role of globalization in bringing about a convergence of national economies and institutions on one model to theories about 'Varieties of Capitalism'. This book brings together a distinguished set of contributors from a variety to examine current theories of institutional change. The chapters highlight the limitations of these theories, finding them lacking in the analytic tools necessary to identify the changes occurring at a national level, and therefore tend to explain many changes and innovations as simply another version of previous situations. Instead a model emerges of contemporary political economies developing in incremental but cummulatively transformative processes. The contributors shoe that a wide, but not infinite, variety of models of institutional change exist which can meaniingfully distinguished and analytically compared. They offer an empirically grounded typology of modes of institutional change that offer important insights on mechanisms of social and political stability, and evolution generally. Beyond Continuity provides a more complex and fundamental understanding of institutional change, and will be important reading for academics, researchers, and advanced students of Political Science, Management Studies, Sociology and Economics.

Debates surrounding institutional change have become increasingly central to Political Science, Management Studies, and Sociology, opposing the role of globalization in bringing about a convergence of national economies and institutions on one model to theories about 'Varieties of Capitalism'. This book brings together a distinguished set of contributors from a variety of disciplines to examine current theories of institutional change. The chapters highlight the limitations of these theories, finding them lacking in the analytic tools necessary to identify the changes occurring at a national level, and therefore tend to explain many changes and innovation as simply another version of previous situations. Instead a model emerges of contemporary political economies developing in incremental but cumulatively transformative processes. The contributors show that a wide, but not infinite, variety of models of institutional change exist which can meaningfully distinguished and analytically compared. They offer an empirically grounded typology of modes of institutional change that offer important insights on mechanisms of social and political stability, and evolution generally. Beyond Continuity provides a more complex and fundamental understanding of institutional change, and will be important reading for academics, researchers, and advanced students of Political Science, Management Studies, Sociology, and Economics.

A fresh alternative to traditional state-centred analyses of the process of European integration is presented in this book. World-renowned scholars analyze the state in terms of its component parts and clearly show the interaction of subnational, national and supranational actors in the emerging European polity. This multi-level politics' approach offers a powerful lens through which to view the future course of European integration.

The contributors' empirical exploration of areas such as regional governance, social policy and social movements underpins their broad conceptual and theoretical framework providing significant new insight into European politics.

Presenting a fresh alternative to traditional state-centered analyses of the process of European integration, Governance in the European Union clearly shows the interaction of subnational, national, and supranational actors in the emerging European polity. This "multilevel politics" approach offers a powerful lens for viewing the future course of European integration. The authors' empirical exploration of areas such as regional governance, social policy, and social movements underpins their broad conceptual and theoretical framework, providing significant new insight into European politics. Governance in the European Union will appeal to students and academics across the broad spectrum of political science, and will be of particular interest to those in European studies, public policy studies, comparative politics, and political theory.