How do capitalist institutions vary across countries and regions? How is capitalist diversity related to political and social factors like inequality, representation, and political systems? How do capitalist institutions shape economic outcomes? Comparative Capitalism takes a global approach to capitalist diversity. It considers not only liberal and coordinated market economies in the Global North, but also other varieties, such as networked, hierarchical, dependent and statist market economies in other parts of the world. It examines new models, such as growth regimes and growth models, and key trends such as the growing significance of finance and the rise of populism in the 21st century. Case studies are drawn from both the Global North and South, including East Central Europe, East Asia, Latin America, and the BRICS economies to highlight both domestic institutions and the role of economic integration on a global scale. Including tables and overviews of key features of each model, Comparative Capitalism is essential reading for students of international and comparative political economy, international development, and business–government relations.
By:
Magnus Feldmann
Imprint: Bloomsbury Academic
Country of Publication: United Kingdom
Dimensions:
Height: 260mm,
Width: 210mm,
Spine: 20mm
Weight: 720g
ISBN: 9781350423091
ISBN 10: 1350423092
Pages: 256
Publication Date: 20 February 2025
Audience:
College/higher education
,
Primary
Format: Hardback
Publisher's Status: Active
PART I: OVERVIEW 1. Introduction: Why Global Varieties of Capitalism PART II: VARIETIES OF ECONOMIC INSTITUTIONS 2. Liberal market economies 3. Coordinated market economies 4. Networked market economies 5. Hierachical market economies 6. Statist market economies 7. Patrimonial and asset-based market economies 8. Building new market economies PART III: CAPITALISM: INEQUALITY, GROWTH AND CONVERGENCE 9. Market Institutions, Welfare and Inequality 10. Growth, Catch-Up and Capitalism 11. Capitalist diversity and economic crises 12. Globalisation and capitalist diversity 13. Conclusion
Magnus Feldmann is Associate Professor in Politics, School of Sociology, Politics and International Studies, University of Bristol, UK.
Reviews for Comparative Capitalism: A Global Perspective
This book is essential course material for students in comparative politics and comparative political economy. It covers a global perspective on the varieties of national economic models, their institutional foundations and the key challenges they face. * Anke Hassel, Hertie School, Germany * This is an excellent and timely survey of a field at last moving beyond advanced industrial economies to systematically compare the ways post-Communist and emerging markets function. It offers a clear and concise overview of the key debates and theoretical positions, introducing them without jargon and as needed through the case study chapters. * Alistair Q. Howard, Temple University, USA * Feldmann’s book is a masterful attempt to extend Hall and Soskice’s Varieties of Capitalism to political economies around the globe. It is highly recommended to all comparative political economy scholars. * John D Stephens, University of North Carolina, USA *
