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A longer-term perspective reveals the historical exhaustion of the financial resources of the democratic interventionist state of the postwar period. German politics present and future is shaped by a deep crisis of public finance. Its current expression is an apparently insurmountable conflict...
Persistent link: https://www.econbiz.de/10003480998
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The paper explores possible frontiers of historical-institutionalist analysis. It argues three points: that progress will require a return from a static to a dynamic perspective in which change is no longer a special case but a universal condition of any social order; that theory must not a...
Persistent link: https://www.econbiz.de/10010301026
Flexible markets require flexible societies; humans, however, need a stable social order. According to received wisdom, when capitalist development razes traditional social structures, society fights back, and welfare state policies organize new stability to replace the old. More market produces...
Persistent link: https://www.econbiz.de/10010304816
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Das Papier entwickelt den Ansatz einer institutionalistischen politischen Ökonomie des Kapitalismus als einer … vorgeschlagene Ansatz behandelt Gesellschaft und Wirtschaft, in Einklang mit traditionellen Theorien des Kapitalismus, als eng … Kapitalismus als System aufeinander bezogener Institutionen entwickelt – als historisch spezifisches System strukturierter und …
Persistent link: https://www.econbiz.de/10008736486
The paper reviews the origins of the comparative study of capitalism and of the diverse approaches applied to it in contemporary political economy. It distinguishes four models accounting for differences in the institutional make-up of national capitalist economies, which it refers to as the...
Persistent link: https://www.econbiz.de/10008736499