This paper argues that differences in the dispersion of corporate ownership can help explain why party positions on corporate governance vary across countries and over time. Expectations that left/right conflicts should pitch capital against labor overlook that "capitalʺ is not a homogenous...

The role of financial markets, motives, actors, and institutions has expanded continuously in recent decades, but – contrary to Polanyi's “double movement” theory and despite the current financial crisis – market-containment efforts have grown weaker over time. The present paper...