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Re-Forming Capitalism: Institutional Change in the German Political Economy

Author

Listed:
  • Streeck, Wolfgang

    (Director, Max Planck Institute for the Study of Societies)

Abstract

Wolfgang Streeck has written extensively on 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 in comparative political economy and key reading across the social sciences for academics, researchers, and advanced students of Political Economy, Sociology, comparative business systems.

Suggested Citation

  • Streeck, Wolfgang, 2010. "Re-Forming Capitalism: Institutional Change in the German Political Economy," OUP Catalogue, Oxford University Press, number 9780199573981.
    • Handle: RePEc:oxp:obooks:9780199573981
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    Citations

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    Cited by:

    1. Anke Hassel, 2011. "The paradox of liberalization – Understanding dualism and the recovery of the German political economy," LEQS – LSE 'Europe in Question' Discussion Paper Series 42, European Institute, LSE.
    2. Hassel, Anke, 2011. "The paradox of liberalization – understanding dualism and the recovery of the German political economy," LSE Research Online Documents on Economics 53212, London School of Economics and Political Science, LSE Library.
    3. Hauff, Sven & Kirchner, Stefan, 2014. "Changes in workplace situation and work values. Relations and dynamics within different employment regimes," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 25(1), pages 27-49.
    4. Iftikhar Lodhi, 2021. "Globalisation and public policy: bridging the disciplinary and epistemological boundaries [Which synthesis? Strategies of theoretical integration and the neorealist-neoliberal debate]," Policy and Society, Darryl S. Jarvis and M. Ramesh, vol. 40(4), pages 522-544.
    5. John Addison & Paulino Teixeira & Jens Stephani & Lutz Bellmann, 2015. "Declining Unions and the Coverage Wage Gap: Can German Unions Still Cut It?," Journal of Labor Research, Springer, vol. 36(3), pages 301-317, September.
    6. Thiemann Matthias, 2016. "The Power of Inaction or Elite Failure? A Comment on Woll’ “The Power of Inaction”," Accounting, Economics, and Law: A Convivium, De Gruyter, vol. 6(1), pages 31-45, March.
    7. John T. Addison & Paulino Teixeira & Katalin Evers & Lutz Bellmann, 2016. "Is the Erosion Thesis Overblown? Alignment from Without in Germany," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 55(3), pages 415-443, July.
    8. Cody, John,, 2015. "How labor manages productivity advances and crisis response : a comparative study of automotive manufacturing in Germany and the US," ILO Working Papers 994871573402676, International Labour Organization.
    9. Cote, Christine, 2018. "A chilling effect? Are international investment agreements hindering government’s regulatory autonomy?," LSE Research Online Documents on Economics 108406, London School of Economics and Political Science, LSE Library.

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