Why is unprecedented financialization failing to provoke a strong political backlash? 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 -...

Rising public debt has been widespread in democratic-capitalist political economies since the 1970s, generally accompanied among other things by weak economic growth, rising unemployment, increasing inequality, growing tax resistance, and declining political participation. Following an initial...

Der Aufsatz beschäftigt sich mit der Frage, ob eine Systemtheorie, in deren Zentrum die funktionelle Differenzierung steht, einen analytischen Rahmen für eine über die deskriptive Auflistung einzelner Faktoren hinausgehende Erklärung der zu der jüngsten internationalen Krise des...

The paper examines how a domestic institutional environment and third-party compliance assessment shape the effects and effectiveness of certification and labeling. Certification represents a form of transnational non-state market-driven governance of the environmental and social performance of...

One challenge facing research on categories is to explain their content and the extent to which they gain meaning from cultural material that originates from moral arenas. This article suggests that categories are an outcome of strategic framing activities by which market members draw on...

This article analyzes how social network structures affect career success in a projectbased labor market. The literature on team success has shown that teams perform well if they integrate both weak and strong ties simultaneously. Applying the literature to careers in the creative industries,...

This paper attempts a normative assessment of the input and output-oriented legitimacy of the present euro-rescuing regime on the basis of policy analyses examining the causes of present crises, the available policy options, and the impact of the policies actually chosen. Concluding that the...

The increasing economic integration among OECD countries since the late 1970s has attracted much attention in tax policy research. Although several studies have tested whether capital mobility induces a race to the bottom in capital taxation, the two approaches - competition and compensation...

Die Internationalisierung der Weltwirtschaft entzieht die Volkswirtschaften dem Zugriff nationaler Regulierung. Diese Entwicklung führt für den Nationalstaat, immer noch der wichtigste Ort demokratischer Politik und sozialer Solidarität, zu Legitimationsproblemen und zur Notwendigkeit einer...

Das deutsche Berufsbildungssystem ist im Wandel. Doch dieser Wandlungsprozess entfaltet sich nicht in großen Reformprojekten, sondern in Form von kleinen Schritten, die - über einen langen Zeitraum betrachtet - das System als Ganzes deutlich verändert haben. Das Buch zeichnet diesen Prozess...