Capitalism

About: Capitalism is a research topic. Over the lifetime, 27714 publications have been published within this topic receiving 858042 citations.

The Varieties of Capitalism and Hybrid Success: Denmark in the Global Economy

Abstract: The varieties of capitalism literature maintains that advanced capitalist countries whose institutions best fit either the liberal or coordinated market economy types will perform better than countries whose institutions are mixed. This is because hybrids are less likely to yield functionally beneficial institutional complementarities. The authors challenge this assertion. Denmark has performed as well as many purer cases during the 1990s. And Denmark has recently developed a more hybrid form than is generally recognized by (a) increasing the exposure of actors to market forces and (b) decentralizing collective learning and decision making. The institutional complementarities associated with such hybridization have contributed to its success; however, these complementarities are based on institutional heterogeneity rather than homogeneity. This is demonstrated by analyses of three cases: Danish labor markets, vocational training, and industrial policy. The implication of the authors’ argument is that the ...

Thinking For A Living: Education And The Wealth Of Nations

Abstract: Introduction: The American Economy: Point of Decision America Pre-eminent: Riding the Second Industrial Revolution to Success The Mass-Production Economy: the American Way Mass-Producing Education The Forces Changing the World Economy: Our Competitors Respond Technology, Competitiveness, and the New International Economy Our Competitors Take the Lead: The Path to Human-Resource Capitalism The Challenge America on the Precipice: Will We Boil the Frog? Facing the ChallengeAt Last The New American System: Strategies for High Performance The Demand for Excellence: CanAnd WillEmployers and Labor Lead the Way? Restructuring the Schools for High Performance: Tough Road to Excellence Incentives: The Great Debate Building a System Driven by Standards The Family Rebuilding a System Driven by Standards Technical and Professional Education A Labor-Market System for America Two Futures: Which Will We Choose? Investing in Our People.

Historical Capitalism with Capitalist Civilization

Abstract: In this short, highly readable highly readable book Immanuel Wallerstein provides a condensation of the central ideas of his monumental study of capitalism as an integrated, historical entity: The Modern World System. In developing an anatomy of capitalism over the past five centuries, Wallerstein traces those elements that have constantly changed and evolved, while giving equal attention to features of historical capitalism that have necessarily remained constant. Particular attention is paid to the emergence and development of a unified world market, and the concomitant international division of labour. He argues forcefully, against the current of much contemporary opinion, that capitalism has brought about an actual, not merely a relative, immiseration in the countries of the Third World. The economic and social problems of underdeveloped countries will remain unresolved countries will remain unresolved as long as they remain unresolved as long as they remain located within a framework of world capitalism. Historical Capitalism with its continuation Capitalist Civilization, is a stimulating synthesis of one of the most challenging and influential assessments of capitalism as a world-historic mode of production.

Disorganized Capitalism: Contemporary Transformations of Work and Politics

Abstract: Should the Western democracies, contrary to their prevailing self-image as "planned" and "managed," be seen as highly disorganized systems of social power and political authority? If so, what are the symptoms, consequences of, and possible remedies for these disorganizing tendencies?In these ten essays, Claus Offe seeks to answer such questions. Moving beyond the boundaries of both Marxism and established forms of political sociology, he focuses on the growth of serious divisions within the work force (and between the employed and unemployed), the importance of the "informal" sector, the severe difficulties faced by trade unions in coping with the present economic crisis, the vulnerability of neocorporatist mechanisms, and the failures of state policymaking based on either majority rule or bureaucratic administration.In examining these and other fundamental problems of advanced capitalist democracies, Offe also contests some widely held assumptions of contemporary social science. He calls into question the neutrality of liberal democratic mechanisms of participation and representation, the centrality of the category of work and the division between labor and capital, and the feasibility and desirability of full employment.Claus Offe is the author of numerous books and essays, including Contradictions of the Welfare State (MIT Press paperback). He is currently Professor of Political Science and Sociology in the Faculty of Sociology, University of Bielefeld, West Germany. John Keane is Senior Lecturer in Political Theory and Sociology at the Polytechnic of Central London. Disorganized Capitalism is included in the series, Studies in Contemporary German Social Thought, edited by Thomas McCarthy.