Varieties of capitalism : second-generation perspectives / edited by Thomas Palley (Founding Editor of the Review of Keynesian Economics and Independent Economist), Esteban Pérez Caldentey (Editor of the Review of Keynesian Economics and Economic Commission for Latin America and the Caribbean (CEPAL), Chile), and Matías Vernengo (Founding Editor of the Review of Keynesian Economics and Professor, Bucknell University, US).

Format:

Book

Contributor:

Palley, Thomas, editor.

Vernengo, Matías, editor.

Pérez Caldentey, Esteban, editor.

Edward Elgar Publishing, publisher.

Language:

English

Subjects (All):

Capitalism.

Genre:

Electronic books.

Physical Description:

1 online resource (168 pages)

Place of Publication:

Northampton : Edward Elgar Publishing, 2023.

Summary:

"Over the past twenty years there has emerged a compelling new discourse on varieties of capitalism. That discourse has an appealing common sense which challenges the view there is no alternative to free market capitalism. The initial view had a microeconomic focus that made firms the fulcrum of analysis. It distinguished between liberal market and coordinated market economies. Subsequently, there has emerged a second-generation literature which adopts a macroeconomic perspective that emphasizes differences in drivers of growth. This book provides a collection of essays that engage those second-generation concerns and questions. The new view emphasizes income distribution, which leads to a focus on institutional structures that are shaped by policy and power. A related feature is an emphasis on politics, which is the process by which policies are made. Furthermore, it asks whether economies should be understood as the product of national choices versus global capitalist system forces. That connects with the long-standing center-periphery distinction in development economics. Economists, researchers, and students will find this volume an enlightening look at an important subject"-- Provided by publisher.

Contents:

Contents: Symposium: Varieties of capitalism : Theorizing varieties of capitalism: Economics and the fallacy that 'there is no alternative (tina)' / Thomas Palley

In search of varieties of capitalism: Hardy perennial or troublesome weed? / Mark Blyth and Herman Mark Schwartz

Learning from distant cousins? Post-keynesian economics, comparative political economy, and the growth models approach / Engelbert Stockhammer and Karsten Kohler

The politics of growth models / Lucio Baccaro and Jonas Pontusson

Rethinking varieties of capitalism and growth theory in the ict era / David Soskice

Varieties of peripheral capitalism: On the institutional foundations of economic backwardness / Esteban Pérez Caldentey and Matías Vernengo

Varieties and interdependencies of demand and growth regimes in finance-dominated capitalism: A post-keynesian two-country stock-flow consistent simulation approach / Franz Prante, Eckhard Hein and Alessandro Bramucci.

Notes:

Includes bibliographical references and index.

Description based on print record.

ISBN:

9781035312757 (e-book)

Access Restriction:

Restricted for use by site license.