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The collapse of the American financial system following the sub-prime bubble and the ensuing global financial crisis have shown the fallacy of market fundamentalism. There is a now an urgent need to return to a more balanced view: modern capitalist economies are resilient precisely because they...
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Both the varieties of capitalism school (VOC) and regulation theory (RT) address the issue of how and why capitalisms differ. If VOC challenges the primacy of liberal market economies (LME) and stresses the existence of an alternative form, i.e. coordinated market economies (CME), RT starts from...
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Both the varieties of capitalism school (VOC) and regulation theory (RT) address the issue of how and why capitalisms differ. If VOC challenges the primacy of liberal market economies (LME) and stresses the existence of an alternative form, i.e. coordinated market economies (CME), RT starts from...
Persistent link: https://www.econbiz.de/10010296066
The collapse of the American financial system following the sub-prime bubble and the ensuing global financial crisis have shown the fallacy of market fundamentalism. There is a now an urgent need to return to a more balanced view: modern capitalist economies are resilient precisely because they...
Persistent link: https://www.econbiz.de/10010273254
Within "régulation" approach institutional forms are the specific expression of one or several basic social relations. They shape the short run process of economic adjustment (the "regulation" mode) as well as the growth regime. Long term transformations of capitalism are the main focus of this...
Persistent link: https://www.econbiz.de/10005078916
A retrospective analysis of European integration shows how political factors and economic opportunities/constraints have interacted in the progressive design of an unprecedented form of federalism. Political reconciliation of former enemies (France and Germany), modesty of the first steps of...
Persistent link: https://www.econbiz.de/10005022458