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Inequality and Prosperity
"A Century Foundation book".
Diminishing Returns
A set of state of the art empirical analyses at the country, regional, and global level that work from a new theoretical framework that analyzes the politics of growth and stagnation. As highlighted by the recent debate on 'secular stagnation,' economic growth has slowed down considerably, and this has given rise to a host of new problems, from financial instability to the collapse of mainstream parties. What happens when growth—the main mechanism of capitalist legitimation—is harder to come by and less broadly shared? And how should we think about capitalist diversity in the context of global stagnation? In Diminishing Returns, Lucio Baccaro, Mark Blyth, and Jonas Pontusson address thes...
Coping with Crisis
The financial crisis that erupted on Wall Street in 2008 quickly cascaded throughout much of the advanced industrial world. Facing the specter of another Great Depression, policymakers across the globe responded in sharply different ways to avert an economic collapse. Why did the response to the crisis—and its impact on individual countries—vary so greatly among interdependent economies? How did political factors like public opinion and domestic interest groups shape policymaking in this moment of economic distress? Coping with Crisis offers a rigorous analysis of the choices societies made as a devastating global economic crisis unfolded. With an ambitiously broad range of inquiry, Copi...
The Limits of Social Democracy
'Pontusson's book does an excellent job in taking a critical look at Swedish investment politics. . . . On the whole, this book is the best overall explanation of Swedish investment politics. It gives the reader a clear basis for understanding the rise of Swedish social democracy and provides a detailed examination of the developments of industrial policy, codetermination, and wage-earner funds.'--Contemporary Sociology
Varieties of Capitalism, Varieties of Approaches
Though the emerging sub-discipline of comparative political economy is now rich in studies of different advanced capitalisms, it still lacks a systematic consideration of the organizing frameworks and methodologies underpinning those studies. This definitive volume outlines the two great debates currently shaping the analysis of advanced capitalism. It makes the case for a greater awareness of underlying theoretical issues in the design of empirical research, and demonstrates the value of exploring the interconnections between competing intellectual approaches.
Inequality and Prosperity
"A Century Foundation book".
Varieties of Liberalization and the New Politics of Social Solidarity
This book examines contemporary changes in labor market institutions in the United States, Germany, Denmark, Sweden, and the Netherlands, focusing on developments in three arenas - industrial relations, vocational education and training, and labor market policy. While confirming a broad, shared liberalizing trend, it finds that there are in fact distinct varieties of liberalization associated with very different distributive outcomes. Most scholarship equates liberal capitalism with inequality and coordinated capitalism with higher levels of social solidarity. However, this study explains why the institutions of coordinated capitalism and egalitarian capitalism coincided and complemented one...
Unions, Employers, and Central Banks
Focuses on important political-economic changes in industrialized countries, namely unemployment and inequality.
Trade Unions and the State
The collapse of Britain's powerful labor movement in the last quarter century has been one of the most significant and astonishing stories in recent political history. How were the governments of Margaret Thatcher and her successors able to tame the unions? In analyzing how an entirely new industrial relations system was constructed after 1979, Howell offers a revisionist history of British trade unionism in the twentieth century. Most scholars regard Britain's industrial relations institutions as the product of a largely laissez faire system of labor relations, punctuated by occasional government interference. Howell, on the other hand, argues that the British state was the prime architect ...
