Corporatism Or Competition?

Corporatism Or Competition? PDF Author: Coen Teulings
Publisher: Cambridge University Press
ISBN: 0521590736
Category : Business & Economics
Languages : en
Pages : 364

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Book Description
The authors present important research showing that corporatist institutions generate smaller non-competitive wage differentials than a decentralized system. A theoretical explanation is developed based on the hold-up problem in investments, arguing that corporatist institutions solve the problem by specifying ex ante nominal contracts that remove the necessity of ex post bargaining over the surplus of an employment relationship. The authors also argue that such institutions allow sufficient flexibility to accommodate aggregate shocks, even more so than decentralized systems. Corporatism or Competition? is the first book to bring together the mass of research on comparative wage differences, wage movements and employment behaviour in different countries with different institutional frameworks, in an organized and coherent fashion.

American Fair Trade

American Fair Trade PDF Author: Laura Phillips Sawyer
Publisher: Cambridge University Press
ISBN: 1108548040
Category : History
Languages : en
Pages : 394

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Book Description
Rather than viewing the history of American capitalism as the unassailable ascent of large-scale corporations and free competition, American Fair Trade argues that trade associations of independent proprietors lobbied and litigated to reshape competition policy to their benefit. At the turn of the twentieth century, this widespread fair trade movement borrowed from progressive law and economics, demonstrating a persistent concern with market fairness - not only fair prices for consumers but also fair competition among businesses. Proponents of fair trade collaborated with regulators to create codes of fair competition and influenced the administrative state's public-private approach to market regulation. New Deal partnerships in planning borrowed from those efforts to manage competitive markets, yet ultimately discredited the fair trade model by mandating economy-wide trade rules that sharply reduced competition. Laura Phillips Sawyer analyzes how these efforts to reconcile the American tradition of a well-regulated society with the legacy of Gilded Age of laissez-faire capitalism produced the modern American regulatory state.

Corporatism Or Competition?

Corporatism Or Competition? PDF Author: Coen Teulings
Publisher: Cambridge University Press
ISBN: 0521590736
Category : Business & Economics
Languages : en
Pages : 364

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Book Description
The authors present important research showing that corporatist institutions generate smaller non-competitive wage differentials than a decentralized system. A theoretical explanation is developed based on the hold-up problem in investments, arguing that corporatist institutions solve the problem by specifying ex ante nominal contracts that remove the necessity of ex post bargaining over the surplus of an employment relationship. The authors also argue that such institutions allow sufficient flexibility to accommodate aggregate shocks, even more so than decentralized systems. Corporatism or Competition? is the first book to bring together the mass of research on comparative wage differences, wage movements and employment behaviour in different countries with different institutional frameworks, in an organized and coherent fashion.

Corporatism and Korean Capitalism

Corporatism and Korean Capitalism PDF Author: Dennis L. McNamara
Publisher: Routledge
ISBN: 113463689X
Category : Social Science
Languages : en
Pages : 176

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Book Description
Corporatism and Korean Capitalism employs corporatist theory to examine the Korean experience of state-business ties. It includes theoretical chapters on Asian and Korean corporatism, case studies of agriculture, industry and industrial relations and an introduction to comparative corporatism. It helps to push the study of Korean political and economic change from description on to theoretical analysis. This volume will challenge researchers and students of Asian studies, economics and politics to extend and refine their understanding of both corporatism and Korea. Moreover, this book offers a guide to policymakers confounded by the curious mix of collusion and competition in Korean political economy.

The Handbook of Political Sociology

The Handbook of Political Sociology PDF Author: Thomas Janoski
Publisher: Cambridge University Press
ISBN: 9781139443579
Category : Social Science
Languages : en
Pages : 844

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Book Description
This Handbook provides a complete survey of the vibrant field of political sociology. Part I explores the theories of political sociology. Part II focuses on the formation, transitions, and regime structure of the state. Part III takes up various aspects of the state that respond to pressures from civil society.

When Small States Make Big Leaps

When Small States Make Big Leaps PDF Author: Darius Ornston
Publisher: Cornell University Press
ISBN: 0801465524
Category : Political Science
Languages : en
Pages : 247

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Book Description
At the close of the twentieth century, Denmark, Finland, and Ireland emerged as unlikely centers for high-tech competition. In When Small States Make Big Leaps, Darius Ornston reveals how these historically low-tech countries managed to assume leading positions in new industries such as biotechnology, software, and telecommunications equipment. In each case, countries used institutions that are commonly perceived to delay restructuring to accelerate the redistribution of resources to emerging enterprises and industries. Ornston draws on interviews with hundreds of politicians, policymakers, and industry representatives to identify two different patterns of institutional innovation and economic restructuring. Irish policymakers worked with industry and labor representatives to contain costs and expand market competition. Denmark and Finland adopted a different strategy, converting an established tradition of private-public and industry-labor cooperation to invest in high-quality inputs such as human capital and research. Both strategies facilitated movement into new high-tech industries but with distinctive political and economic consequences. In explaining how previously slow-moving states entered dynamic new industries, Ornston identifies a broader range of strategies by which countries can respond to disruptive challenges such as economic internationalization, rapid technological innovation, and the shift to services.

Competition and the Corporate Society

Competition and the Corporate Society PDF Author: Nigel Harris
Publisher: Routledge
ISBN: 1136593438
Category : Business & Economics
Languages : en
Pages : 389

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Book Description
British society changed radically in the 21st century. Any political party dedicated to preserving the Britain of 1900 would have faced, over time, either major problems of adjustment or the possibility of its own destruction. The British Conservative party was just such a party, its character defined by its commitment to the defence of the British status quo. Yet it has also been one of the most successful political parties in the twentieth century. Not only was it able to adjust itself to the transformation of British society including two world wars and the most catastrophic slump – but it was able to win elections more consistently than any of its rivals. This book seeks to show how the Conservatives achieved such a metamorphosis, by identifying the main changes in the British economy and society, and the changing Conservative response. In practice, there was no single Conservative response to any particular change. The debate within the party revealed a surprisingly large number of responses; yet the range was limited. Indeed, with some simplification, one can see only two general political positions, from which flowed differing proposals on all detailed issues. In describing these two positions, the author suggests a new method of classifying dominant political beliefs in Britain and other Western countries. This study covers a wide field, bringing together contemporary Conservative politics, economic problems and economic history. The Conservatives were intimately related to the interests of what used to be called British capitalism, and their attitudes to the changes taking place in industry reveal most clearly the changing political priorities of the party. The book examines Conservative policy, proposals and attitudes to nationalization and the public sector, to the trade unions and labour, to private business and finally to the economic role of the State, between 1945 and 1964. For those wishing to gain an understanding of the British Conservatives, Nigel Harris’ detailed and stimulating material will make excellent reading and has been acclaimed since its first publication in 1972.

The Future of European Welfare

The Future of European Welfare PDF Author: Martin Rhodes
Publisher: Springer
ISBN: 1349265438
Category : Political Science
Languages : en
Pages : 293

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Book Description
European welfare states are currently under stress and the 'social contracts' that underpin them are being challenged. First, welfare spending has arguably 'grown to limits' in a number of countries while expanding everywhere in the 1990s in line with higher unemployment. Second, demographic change and the emergence of new patterns of family and working life are transforming the nature of 'needs'. Third, the economic context and the policy autonomy of nation states has been transformed by 'globalization'. This book considers the implications of these challenges for European welfare states at the end of the twentieth century with interdisciplinary contributions from first-rate political scientists, economists and sociologists including Paul Ormerod.

The Oxford Handbook of Transformations of the State

The Oxford Handbook of Transformations of the State PDF Author: Stephan Leibfried
Publisher: OUP Oxford
ISBN: 0191643254
Category : Political Science
Languages : en
Pages : 928

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Book Description
This Handbook offers a comprehensive treatment of transformations of the state, from its origins in different parts of the world and different time periods to its transformations since World War II in the advanced industrial countries, the post-Communist world, and the Global South. Leading experts in their fields, from Europe and North America, discuss conceptualizations and theories of the state and the transformations of the state in its engagement with a changing international environment as well as with changing domestic economic, social, and political challenges. The Handbook covers different types of states in the Global South (from failed to predatory, rentier and developmental), in different kinds of advanced industrial political economies (corporatist, statist, liberal, import substitution industrialization), and in various post-Communist countries (Russia, China, successor states to the USSR, and Eastern Europe). It also addresses crucial challenges in different areas of state intervention, from security to financial regulation, migration, welfare states, democratization and quality of democracy, ethno-nationalism, and human development. The volume makes a compelling case that far from losing its relevance in the face of globalization, the state remains a key actor in all areas of social and economic life, changing its areas of intervention, its modes of operation, and its structures in adaption to new international and domestic challenges.

Small States in World Markets

Small States in World Markets PDF Author: Peter J. Katzenstein
Publisher: Cornell University Press
ISBN: 1501700367
Category : Political Science
Languages : en
Pages : 269

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Book Description
By the early 1980s the average American had a lower standard of living than the average Norwegian or Dane. Standards of living in the Netherlands, Belgium, Sweden, Switzerland, and Austria also rivaled those in the United States. How have seven small democracies achieved economic success and what can they teach America? In Small States in World Markets, Peter Katzenstein examines the successes of these economically vulnerable nations of Western Europe, showing that they have managed to stay economically competitive while at the same time preserving their political institutions. Too dependent on world trade to impose protection, and lacking the resources to transform their domestic industries, they have found a third solution. Their rapid and flexible response to market opportunity stems from what Katzenstein calls "democratic corporatism," a mixture of ideological consensus, centralized politics, and complex bargains among politicians, merest groups, and bureaucrats. Democratic corporatism is the solution these nations have developed in response to the economic crises of the 1930s and 1940s, the liberal international economy established after World War II, and the volatile markets of more recent years. Katzenstein maintains that democratic corporatism is an effective way of coping with a rapidly changing world, a more effective way than the United States and several other large industrial countries have yet managed to discover.

The Myth of Capitalism

The Myth of Capitalism PDF Author: Jonathan Tepper
Publisher: John Wiley & Sons
ISBN: 1394184069
Category : Business & Economics
Languages : en
Pages : 349

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Book Description
The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.