e-space
Manchester Metropolitan University's Research Repository

    Comparing capitalisms: debates, controversies and future directions

    Wood, Geoffrey T and Allen, Matthew MC (2020) Comparing capitalisms: debates, controversies and future directions. Sociology, 54 (3). pp. 482-500. ISSN 0038-0385

    [img]
    Preview
    Accepted Version
    Download (461kB) | Preview

    Abstract

    Various strands of the comparative capitalisms (CC) literature agree that the advanced economies have liberalized in recent years, bringing with it rising income and wealth inequality and job insecurity; although these perspectives differ in important ways, there is much common ground between them to explain this heightened level of inequality and insecurity. Through reviewing contributions to three key CC perspectives since 2007/2008, we argue that they have tended to focus on developments in co-ordinated market economies, leading to a neglect of growing structural crises in liberal market economies, which have contributed to the UK and the USA entering uncharted socio-political waters. We extend recent work that emphasizes how variation between countries in labour-market institutions, different corporate forms and states’ fiscal policies help to explain income and wealth inequality to highlight future research agendas that seek to combine more systematically these institutional areas to explain social inequalities, workers’ experiences and socio-political crises within capitalist systems.

    Impact and Reach

    Statistics

    Activity Overview
    6 month trend
    42Downloads
    6 month trend
    23Hits

    Additional statistics for this dataset are available via IRStats2.

    Altmetric

    Actions (login required)

    View Item View Item