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Was there Ever an Anglo-American Model of Capitalism?

In: The Legacy of the Crash

Author

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  • Wyn Grant

Abstract

When the Obama administration and Cameron government took office, their principal challenge was dealing with the aftermath of the global financial crisis (GFC). They had to deal with a range of potentially contradictory objectives. An overriding priority was to prevent a ‘second wave’ of the GFC which could fatally damage already weakened institutions and the whole model of Anglo-American capitalism. Quite what this model was and how it influenced decision-making after the crisis is a central theme of this chapter.

Suggested Citation

  • Wyn Grant, 2011. "Was there Ever an Anglo-American Model of Capitalism?," Palgrave Macmillan Books, in: Terrence Casey (ed.), The Legacy of the Crash, chapter 2, pages 19-37, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-34349-8_2
    DOI: 10.1057/9780230343498_2
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