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The Futures of European Capitalism

The Futures of European Capitalism
Author: Vivien Ann Schmidt
Publisher: Oxford University Press, USA
Total Pages: 372
Release: 2002
Genre: Business & Economics
ISBN: 0199253684

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Although national policies may now be more similar, especially where they follow from common European policies, they are not the same.


The Futures of European Capitalism

The Futures of European Capitalism
Author: Vivien Ann Schmidt
Publisher:
Total Pages: 372
Release: 2002
Genre: Capitalism
ISBN:

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This work details the changes related to globalization and Europeanization that have led to major shifts in European countries' political-economic policies, practices and discourse, but not to convergence. It illustrates European countries' very different experiences of economic adjustment.


The Future of Capitalism

The Future of Capitalism
Author: Paul Collier
Publisher: HarperCollins
Total Pages: 369
Release: 2018-12-04
Genre: History
ISBN: 0062748661

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Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.


Rethinking Europe's Future

Rethinking Europe's Future
Author: David P. Calleo
Publisher: Princeton University Press
Total Pages: 398
Release: 2011-12-06
Genre: Political Science
ISBN: 1400824303

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Rethinking Europe's Future is a major reevaluation of Europe's prospects as it enters the twenty-first century. David Calleo has written a book worthy of the complexity and grandeur of the challenges Europe now faces. Summoning the insights of history, political economy, and philosophy, he explains why Europe was for a long time the world's greatest problem and how the Cold War's bipolar partition brought stability of a sort. Without the Cold War, Europe risks revisiting its more traditional history. With so many contingent factors--in particular Russia and Europe's Muslim neighbors--no one, Calleo believes, can pretend to predict the future with assurance. Calleo's book ponders how to think about this future. The book begins by considering the rival ''lessons'' and trends that emerge from Europe's deeper past. It goes on to discuss the theories for managing the traditional state system, the transition from autocratic states to communitarian nation states, the enduring strength of nation states, and their uneasy relationship with capitalism. Calleo next focuses on the Cold War's dynamic legacies for Europe--an Atlantic Alliance, a European Union, and a global economy. These three systems now compete to define the future. The book's third and major section examines how Europe has tried to meet the present challenges of Russian weakness and German reunification. Succeeding chapters focus on Maastricht and the Euro, on the impact of globalization on Europeanization, and on the EU's unfinished business--expanding into ''Pan Europe,'' adapting a hybrid constitution, and creating a new security system. Calleo presents three models of a new Europe--each proposing a different relationship with the U.S. and Russia. A final chapter probes how a strong European Union might affect the world and the prospects for American hegemony. This is a beautifully written book that offers rich insight into a critical moment in our history, whose outcome will shape the world long after our time.


The European Economy since 1945

The European Economy since 1945
Author: Barry Eichengreen
Publisher: Princeton University Press
Total Pages: 520
Release: 2008-07-01
Genre: History
ISBN: 1400829542

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In 1945, many Europeans still heated with coal, cooled their food with ice, and lacked indoor plumbing. Today, things could hardly be more different. Over the second half of the twentieth century, the average European's buying power tripled, while working hours fell by a third. The European Economy since 1945 is a broad, accessible, forthright account of the extraordinary development of Europe's economy since the end of World War II. Barry Eichengreen argues that the continent's history has been critical to its economic performance, and that it will continue to be so going forward. Challenging standard views that basic economic forces were behind postwar Europe's success, Eichengreen shows how Western Europe in particular inherited a set of institutions singularly well suited to the economic circumstances that reigned for almost three decades. Economic growth was facilitated by solidarity-centered trade unions, cohesive employers' associations, and growth-minded governments--all legacies of Europe's earlier history. For example, these institutions worked together to mobilize savings, finance investment, and stabilize wages. However, this inheritance of economic and social institutions that was the solution until around 1973--when Europe had to switch from growth based on brute-force investment and the acquisition of known technologies to growth based on increased efficiency and innovation--then became the problem. Thus, the key questions for the future are whether Europe and its constituent nations can now adapt their institutions to the needs of a globalized knowledge economy, and whether in doing so, the continent's distinctive history will be an obstacle or an asset.


The Futures of European Capitalism

The Futures of European Capitalism
Author: Vivien A. Schmidt
Publisher: OUP Oxford
Total Pages: 372
Release: 2002-08-15
Genre: Political Science
ISBN: 0191531081

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In this path-breaking book, the author argues that European countries' political-economic policies, practices, and discourses have changed profoundly in response to globalization and Europeanization, but they have not converged. Although national policies may now be more similar, especially where they follow from common European policies, they are not the same. National practices, although moving in the same general direction toward greater market orientation, continue to be differentiable into not just one or even two but three varieties of capitalism. And national discourses that generate and legitimate changes in policies and practices not only remain distinct, they matter. The book is a tour de force which combines sophisticated theoretical insights and innovative methods to show that European countries generally, but in particular Britain, France, and Germany (for which the book provides lengthy case studies), have had very different experiences of economic adjustment, and will continue to do so into the future.


Capitalist Diversity on Europe's Periphery

Capitalist Diversity on Europe's Periphery
Author: Dorothee Bohle
Publisher: Cornell University Press
Total Pages: 305
Release: 2012-08-15
Genre: Political Science
ISBN: 0801465222

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With the collapse of the Council for Mutual Economic Assistance in 1991, the Eastern European nations of the former socialist bloc had to figure out their newly capitalist future. Capitalism, they found, was not a single set of political-economic relations. Rather, they each had to decide what sort of capitalist nation to become. In Capitalist Diversity on Europe's Periphery, Dorothee Bohle and Béla Geskovits trace the form that capitalism took in each country, the assets and liabilities left behind by socialism, the transformational strategies embraced by political and technocratic elites, and the influence of transnational actors and institutions. They also evaluate the impact of three regional shocks: the recession of the early 1990s, the rolling global financial crisis that started in July 1997, and the political shocks that attended EU enlargement in 2004.Bohle and Greskovits show that the postsocialist states have established three basic variants of capitalist political economy: neoliberal, embedded neoliberal, and neocorporatist. The Baltic states followed a neoliberal prescription: low controls on capital, open markets, reduced provisions for social welfare. The larger states of central and eastern Europe (Poland, Hungary, and the Czech and Slovak republics) have used foreign investment to stimulate export industries but retained social welfare regimes and substantial government power to enforce industrial policy. Slovenia has proved to be an outlier, successfully mixing competitive industries and neocorporatist social inclusion. Bohle and Greskovits also describe the political contention over such arrangements in Romania, Bulgaria, and Croatia. A highly original and theoretically sophisticated typology of capitalism in postsocialist Europe, this book is unique in the breadth and depth of its conceptually coherent and empirically rich comparative analysis.


Models of Capitalism in the European Union

Models of Capitalism in the European Union
Author: Beáta Farkas
Publisher: Springer
Total Pages: 552
Release: 2016-09-07
Genre: Political Science
ISBN: 1137600578

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This book uses comparative economic analysis to provide a common conceptual framework for all current European Union member states. Based on empirical investigation, the author identifies the Nordic, North-western, Mediterranean, and Central and Eastern models of capitalism on the threshold of the 2008 global financial and economic crisis. The chapters also examine the resulting institutional responses to the crisis and the methods of crisis management adopted by each member state. The analysis reveals that the crisis has not triggered radical institutional change but, instead, highlighted deep institutional differences not between the old and new member states, but between the Nordic, North-western, Mediterranean, and Central and Eastern European countries. These institutional differences are so significant that they require the rethinking of European integration theory. Models of Capitalism in the European Union serves as a useful handbook for academics, advanced students, policy-makers and advisors who are interested in European economic issues.


EUROPE WITHOUT CAPITALISM

EUROPE WITHOUT CAPITALISM
Author: RAFIG Y. ALIYEV
Publisher: Trafford Publishing
Total Pages: 73
Release: 2013-05-28
Genre: Political Science
ISBN: 1466992786

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The book brings forward the author’s personal attitudes to the analysis of the present difficult political, economic, and financial situation in the EU member states. It reveals the author’s prognoses of the necessity of system reforms, avoiding useless attempts to reanimate the obsolete political and financial structure of capitalism. In the author’s opinion, for objective reasons, modern capitalism is not able to solve problems of preservation of life-supporting financial institutions the European states and the West are facing today. The author thinks that Europe has to go over to a postcapitalistic way of development. This is the call of the times, the demand of the historical moment. Capitalism as a system of political and economic development has completed its historical mission, having brought Western countries to the highest level of economic and technical development, creation of the best welfare for the countries of Europe and the West (i.e., it has exhausted resources for progress). Principally, new empires should have been built ten years ago (i.e., it was time for imperialism). However, today it is impossible for objective reasons. Countries like China, Russia, former USSR republics, and part of the third world will develop according to the capitalistic way of development, taking into consideration a mass of mistake the West has made. They have a huge amount of resources for a capitalistic way of development. What will happen to Europe in the future? Prof. Rafig Y. Aliyev has specific proposals about that worthy of attention and discussion. However, the delay of important decisions on the very political and financial system may turn into a tragedy for many nations, including the EU member states. The book is meant for a wide circle of readers.