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Description
How do capitalist institutions vary across countries and regions? How is capitalist diversity related to political and social factors like inequality, representation, and political systems? How do capitalist institutions shape economic outcomes?
Comparative Capitalism takes a global approach to capitalist diversity. It considers not only liberal and coordinated market economies in the Global North, but also other varieties, such as networked, hierarchical, dependent and statist market economies in other parts of the world. It examines new models, such as growth regimes and growth models, and key trends such as the growing significance of finance and the rise of populism in the 21st century. Case studies are drawn from both the Global North and South, including East Central Europe, East Asia, Latin America, and the BRICS economies to highlight both domestic institutions and the role of economic integration on a global scale.
Including tables and overviews of key features of each model, Comparative Capitalism is essential reading for students of international and comparative political economy, international development, and business–government relations.
Table of Contents
1. Introduction: Why comparative capitalism in global perspective?
PART II: GLOBAL VARIETIES OF CAPITALISM
2. Liberal market economies
3. Coordinated market economies
4. Networked market economies
5. Hierarchical market economies
6. Dependent market economies
7. Statist market economies
PART III: NEW CHALLENGES AND NEW MODELS?
8. Growth regimes and the evolution of capitalism
9. Financialization
10. Growth models and the macroeconomy
11. The populist challenge: Comparative capitalism and the rise of populism
PART IV: CONCLUSION
12. Conclusion
Product details

Published | 20 Feb 2025 |
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Format | Ebook (Epub & Mobi) |
Edition | 1st |
Extent | 256 |
ISBN | 9781350423084 |
Imprint | Bloomsbury Academic |
Publisher | Bloomsbury Publishing |
About the contributors
Reviews
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This book is essential course material for students in comparative politics and comparative political economy. It covers a global perspective on the varieties of national economic models, their institutional foundations and the key challenges they face.
Anke Hassel, Hertie School, Germany
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This is an excellent and timely survey of a field at last moving beyond advanced industrial economies to systematically compare the ways post-Communist and emerging markets function. It offers a clear and concise overview of the key debates and theoretical positions, introducing them without jargon and as needed through the case study chapters.
Alistair Q. Howard, Temple University, USA
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Feldmann's book is a masterful attempt to extend Hall and Soskice's Varieties of Capitalism to political economies around the globe. It is highly recommended to all comparative political economy scholars.
John D Stephens, University of North Carolina, USA